NSE:RELIANCE is ready to MOVE. Closing outside this zone will drive the way ahead. New Jio plan is out, results are already there. Expecting a positive move from here.
This stock is going to be bigger then Bajaj Finance in very near future. Cost of borrowing funds for this NBFC is going to be the lowest for any in its peer group. In future (few years from now) there is a chance of JIO AMC and other potential demerger. Wait for lower levels as marked and hold on to this gem.
Jio Financial has finally given the much awaited IPO breakout with a beautiful cup & handle pattern accompanied by strong volumes. With a strong business and parent company backing it up and also the fall of Paytm, this stock can be a great investment opportunity.
Sock has bounced back from the support zone and currently hovering near it's previous swing high on daily charts. As per the current formation stock is likely to move up towards it's resistance zone with any weakness holding above 200-195 zone.
This is the analysis of JIOFIN in Daily Time Frame. Watch carefully. The chart explains itself. In DTF JIOFIN formed Cup & Handle Pattern. JIOFIN closed above the green up line of Suraranjan Trading Band indicator but facing resistance at immediate level. If it breaks and sustains above the level, good for the stock. There are some prediction levels. These Levels...
Date : 23-Nov-2023 Rating : Buy LTP : Rs. 221.90 Target : (1) Rs. 233, --> (2) Rs. 266 Disclaimer : I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market.
A beautiful cup and handle pattern is forming in Jio finance share which is also having good fundamentals . One can buy share near 240 with a stoploss of 229 and with a short term target of 252 ,265 and 300 .
HAL CMP 4050 SL 3940 TG 4156/4235/4300 . . . . . . . . . . . . . This level is only for education purpose.
GUJALKALI cmp 675.50 sl- 644 tg-712/740/765+ . . . . . . . . . . . . . This level is only for education purpose.
LIBERTSHOE CMP- 247.55 SL-235 TG-257/270/280+ LONGTREM 350+ . . . . . . . . . . . . . This level is only for education purpose.
Airtel is in bull run but not generating huge returns. From March it has given 20% ROI and from NOV-22 it has given around 2% ROI. expecting the stock to test 850-860 and can expect to follow same bull trend for next 6 months to give a 10% returns. But if the support get broken, then we can expect a 5% drawdown
Nifty50 had a surprising comeback today, we opened gap up and then there was a strong rally till 11.05 where we set a new all time high of 19819.45. From 11.05 to 12.05 we had a decent fall of 129pts ~ 0.65%. Surprisingly the falling stopped right there and we bounced back quite strong. NiftyIT took part in the rally post 13.30 which helped Nifty stay green....
There are two patterns formation on Charts. Weekly a triangle pattern and Daily head & Shoulder pattern formed today. daily target 2392 may be coming. 2nd possible target 2210 in case of triangle pattern breakdown on weekly chart.
This is possible forcasting and not a confirmed trade On a daily chart a bullish diamond formation is forming and yesterday an inverted candle has formed on charts indicating possible reversal. If this continues uptrend then 2558 target is possible in coming few weeks. SL is 2290 on closing basis.
might take support on the established trendline. entry at CMP SL-753 Target-860
airtel with my opinion all network accendind triangle pattern, its' not wedge pattern but consolidate brakeout , some pattern shown, but not support index, repo(strictly stoploss), nifty? we will enter agiain, only for 5g reason, when lauch server is bad it will be fall and jio) pinging theres two network problem still, vodafone idea is still good ping...
📈 Indus Tower 📉 This Stock Broke out from a resistance zone of 200-216 which was tested several times and today managed to close above it. Bias - Long Target - 237, 247, 260 SL - 200 RR- 1:2 All Important Supports and Resistances are drawn in chart. All levels are on closing basis. Please have a look and revert back if you need some more study on...