NSE:ASIANPAINT The Stock has been consolidating for almost 2.5 years and it has formed a ascending triangle formation which can trigger a breakout and start a trend continuation and take the price to new highs. The Targets are projected on the basis of fib-extensions. All important levels and logic is explained on chart. I hope you found this...
TATA STEEL , one to the most popular stock of Indian Stock Market , which was under the radar of every single investor for this break out. The Stock has shown break out on BULLISH PENNANT CHART FORMATION after a gap of 2 years . Both MACD and RSI are in the favor of the break out and hence the probability of FALSE BREAK OUT is minimum. However , we still need to...
SONACOMS has rested on its next support and now on the way to the second phase of its uptrend after the trend reversal from the channel. The targets and the SL are marked on the chart for your reference. Remember this is an education post and meant only to understand the behaviors of the charts. It does not carry any tip to buy or sell for the stock. Good Luck !!!
Break Out Seen on India's one of the most popular stock TATA STEEL. The new trend is expected for the target of 922 and above. The SL is 590 for this trade . This educational post is not a tip to buy or sell the stock . Please Trade at your own risk . Good Luck !!!
About Company:- Incorporated in 1970, Deepak Nitrite Ltd manufactures Basic Intermediates, Fine & Speciality Chemicals, Performance Products, and Phenolics. Market Cap ₹ 28,453 Cr. Current Price ₹ 2,086 High / Low ₹ 2,357 / 1,681 Stock P/E 33.4 Book Value ₹ 300 Dividend Yield 0.34 % ROCE 30.0 % ROE 22.9 % Face Value ₹ 2.00 Debt ₹ 72.9 Cr. EPS ₹ 62.5 PEG...
The stock has been seen making multiple cup and handle patterns. Once the stock closes above its All time high on a monthly basis an entry in the stock can be taken. This is for high risk takers and people with deep pockets. Also do not risk all your capital in one stock. Deploy cash in a smart manner. Updates on Buying, Stop loss and Targets will be given...
Oil India is engaged in exploration, development and production of crude oil & natural gas, production of LPG, transportation of crude oil & natural gas and generation of renewable energy. The Stock is stuck in a range forming a symmetrical triangle where the bottoms are getting higher and higher and we may see a break out very soon. Due to high consolidation ,...
I daily make educational content videos for swing / positional trading
I daily make educational content videos for swing and positional trading
This is simple Monthly Chart of COLGATE PALMOLIVE (COLPAL) and it is respecting the trendline and the resistance line, thus in a UPTREND CHANNEL since 2009. Long term trend always prevails in the market, Even if someone is stuck in a stock at wrong time but if its longer trend is in uptrend there are high chances that it will recover some day. High time frame...
$CHNG LONG EP: 0.7683 TP1: 0.08751 TP2: Hold for next bull run
I daily make educational content videos on swing trading and Investment Ideas, don't take them as calls or tips; always ask a financial advisor before taking any trade or investment.
Long on gsfc as budget month buzzing sector fertilizer stock. this stock is in channel since 2006 in weekly chart only broken downside one time during pandemic and again continued in channel . target on upside is ₹220 .
I daily make educational content videos on financial markets.
I daily make educational content videos on financial markets
The stock is consolidating in a range for over a month BUY If sustain above 1258 target is 1290 Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. FUNDAMENTAL INFORMATON ABOUT COMPANY :- Cummins India Ltd....
For PEL we will use the strategy which includes EMA(exponential moving average). Now remember this is a long term investment so it would involve buying in small quantity and buy on dips. Current Price action CMP = 1012.15 1. EMA 9 = 1031.45 2. EMA 20 = 1030.85 3. EMA 50 = 1012.90 4. EMA 100 = 1039.00 Look to buy above 1042 for our next target 1158.75 Once...
I daily make educational content videos on Financial markets