The Doctor is Ready ( Dr Reddy )
Based on Monthly chart with the Parabolic Upside trend ( Purely based on my New STUDY ) ,
Dr Reddy is Ready for the rally.
Tgt 1 : 8412 - 8568±
Tgt 2 : 8823±
Tgt 3 : 9825 - 9952±.
Shared it for EDUCATIONAL/ REFERENCE PURPOSE ONLY.
IT'S NOT A BUY OR SELL RECOMMENDATION.
DO YOUR ANALYSIS FROM YOUR SIDE ALSO.
Don't get biased by...
EICHERMOT, as of now, exhibits a promising trend with its stock trading within a rising channel pattern. Targeting the first milestone near the all-time high resistance of 4200. If the stock maintains its position above this resistance level, there is a possibility of witnessing a more substantial rally in the future. Investors may find this development intriguing...
Ashok Leyland, based on the analysis using the Stock Navigator by FnOGyan Indicator, presents a compelling long signal on the daily time frame. The indicator suggests a positive outlook, supported by strong volume building up. The stock has demonstrated resilience by repeatedly finding support near the trendline support area, indicating a robust underlying...
Stock P/E: 87.4
ROCE: 10%
Company has been maintaining a healthy dividend payout of 17.0%
Rs. 244 Cr Net Profit during last quarter.
Symmetrical Triangle Patterns are awaiting on Daily and Weekly time frame.
Entry: 554
Targets: 584, 615, 645, 676 ++
SL: 522 DCB
Remark: Short Term
Disclaimer: Strictly for educational and learning purpose.
Cholamandalam Investment and Finance Company Limited (CHOLAFIN) is engaged in providing vehicle finance, home loans, and loans against property. The analysis below combines technical indicators and fundamental aspects to provide a comprehensive view.
Shareholding Pattern:
Total Shareholders: 1,46,815
Promoters: 51.43%
FIIs: 21.51%
DIIs: 20.04%
Public: 7.03%
The...
HAL ( Hindustan Aeronautics Limited ) is Bullish as today it seems a high volume in buying side. It already broke its major resistance also.
The target price should be 2393.
Note : This is not any tip or recommendation it is just for learning purpose only. So be careful while investing.
Sequent is performance based stock. It gave a breakout earlier and now after a nice consolidation it seems to move again in bullish direction.
Reasons:
Taking support at trendline near 200 EMA and VWAP.
Moving in Higher HIGH Higher LOW.
Important level are marked in the chart.
RSI breaking 50 to upside shows Bullishness.
Re-Breakout after 3 month of...
- Bank nifty took support today tried going up side making range bound in second half. and trapped many with volatile moves.
- May take dip before going up till 42100 to 42200 or stay range bound
- bullish move can be expected if cross 42350 and sustain. Bounce is expected till 42600 in coming days
Hello Everyone, Hope you all are doing Fine . Today we are going to talk About Religare buy opportunity. I will Explain Everything Each minor Details why I would go LONG in This Stock.
As you can Already see in the Chart . Price is Already above 200 SMA , Which means Price is in Uptrend in Daily and Weekly time Frame.
Major Resistance Level (...
The price of gold is heavily influenced by the economic data of the United States. In the second quarter, the US economy experienced a growth rate of 2.4% on an annualized basis, surpassing expectations. This indicates that there are no immediate plans for aggressive interest rate hikes by the US Federal Reserve, which increases the likelihood of a smooth and...
The Gold Price ended the previous week on a positive note, despite experiencing three weeks of consecutive losses.
However, there was a noticeable recovery as the price bounced back from the bearish channel's support, which has been in place for five weeks. Additionally, there was an upward break of a descending resistance line that had formed two weeks prior....
The current economic troubles may prevent the gold price from experiencing significant declines. Concerns about a global economic downturn, especially in China, could provide some support to gold as a safe-haven asset and prevent further losses, at least for now. Even though the Chinese Manufacturing Purchasing Managers' Index (PMI) for June was slightly better...
The USD is being supported by higher US bond yields, which is limiting the upside potential of XAU/USD.
Meanwhile, Fed Chair Jerome Powell has restated that the Fed is likely to raise interest rates twice this year and does not expect inflation to reach the target of 2% until 2025. These statements, combined with positive US macro data released on Thursday, have...
Investors will be closely watching speeches by top central bank officials this week, including ECB President Christine Lagarde, BoE Governor Andrew Bailey, Fed Chair Jerome Powell, and Bank of Japan Governor Kazuo Ueda. These speeches will be given at a panel discussion in Sintra on Wednesday. Additionally, Tuesday's US economic releases, such as Durable Goods...
MFSL LONG SETUP
Attached: Daily Chart as of 21st June 2023
- Price has activated an Inverted Head & Shoulders/ Cup & Handle/ Bull Flag Breakout today on the back of High Volumes (Price Volume Pattern BO)
- Laggard from Insurance is finally joining in the Sectoral Rally (Sector Tailwinds)
- The previous Dip halted at 0.382, ABC corrective (Wave 3 or Wave C upside...
Attached: Daily Chart as of 16th June 2023
Holding above 182, a Target of ~ 200 is pending🎯📈
Rationale behind this Setup:
- Observe Multiple Volatility Contractions as Price is forming a VCP
- Strength on any Dip as it gets bought
- Higher Highs and Higher Lows are intact
- Price trading near 52 week high zone
- PSU Banks are doing better than Private Banks so...
