AARTI DRUGS - Monthly Chart - LongAarti Drugs Ltd (NSE: AARTIDRUGS) has been trading within a well-defined parallel channel on the monthly timeframe since 2009. The stock is currently at the bottom of the channel, having successfully retested the channel support. This retest could signify a potential bounce, presenting a long-term buying opportunity.
The RSI is also on an upward trajectory.
Sharing this analysis for Long-Term investors.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research before making any investment decisions.
M-oscillator
DLFPrice was falling for few days and now it is trying to consolidate and move up. Price has formed a wedge pattern.
Buy above 822 with the stop loss of 816 for the targets 828, 836, 842 and 848.
Sell below 808 with the stop loss of 814 for the targets 802, 796, 790 and 782.
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Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
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Mighty Nifty - July 1Price was moving up with steady strength for few days and now it is at the important zone 24000.
Pattern : Support/Resistance.
Range : Medium.
Trend strength : Normal.
Buy Above : 24020.
Stop Loss : 23980.
Targets : 24060, 24100, 24160 and 24200.
Sell below : 23920.
Stop Loss : 23960.
Targets : 23880, 23840, 23800 and 23760.
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Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
Long Term view on #RTNINDIAThe analysis is for Long term where in it is showing potentials of reaching triple digit in coming years. (5,10,15)
### Price Movements:
1. **Current Price and Trend:**
- The current price is \(84.41\) INR, up by \(11.56\) INR (+15.87%).
- The stock is in a strong upward trend, as evidenced by the ascending price channel.
2. **Price Channel:**
- The price is moving within an upward channel. This channel indicates a long-term bullish trend.
- The top of the channel projects potential future highs, while the bottom of the channel provides support levels.
- The target is taken on the basis of the flag pattern
### Indicators:
1. **Volume:**
- The volume is significant at \(168.569M\), indicating high trading activity.
- An increased volume during upward movements often confirms the strength of the trend.
2. **MACD (Moving Average Convergence Divergence):**
- The MACD line (blue) is above the signal line (orange), indicating bullish momentum.
- The histogram is positive, reinforcing the bullish sentiment.
- The MACD values are \(1.55\) (MACD line) and \(11.39\) (signal line), which suggests strong bullish momentum.
### Key Observations:
1. **Historical Performance:**
- The stock has shown significant growth over the past few years, particularly since early 2020.
- A major price surge can be seen around mid-2021.
2. **Support and Resistance:**
- Immediate support is around the \(50\) INR level, which is a previous consolidation area.
- Resistance levels can be projected using the upper boundary of the ascending channel, around the \(120\) INR mark in the near term.
3. **Price Projection:**
- The chart indicates a projected move to \(938.54\) INR, which is a very optimistic target (+1292.46%). This projection aligns with the upper boundary of the long-term price channel.
### Conclusion:
The technical indicators and the price channel suggest a continued bullish trend for RattanIndia Enterprises Limited. However, given the significant rise, it is essential to monitor for any signs of overbought conditions and potential pullbacks. The strong volume and positive momentum indicators support the potential for further growth, but investors should remain cautious and consider setting stop-loss orders to protect against sudden market reversals.
Bitcoin Poised for $94K: High Bullish Momentum AheadBitcoin is currently forming an ascending pattern, signaling a potential bullish market. Additionally, the RSI has formed a bullish divergence, and the decreasing selling volume supports this outlook. If the breakout occurs successfully, we could see Bitcoin reach $94,000.
#Bitcoin #Crypto #BullMarket #BTC #RSI #CryptoTrading #TechnicalAnalysis #CryptoBullRun
Short-Term Swing Trade:QBE:ASX Insurance Post-New Caledonia NewsTrading Idea: QBE Insurance (ASX)
Technical Analysis:
QBE Insurance, listed on the ASX, has experienced a price drop following recent news from New Caledonia. Despite this, the stock remains in an overall uptrend and exhibits strong fundamentals, making it a potential candidate for a mean reversion trade. Stock has generated Bullish candle stick pattern with RSI breaking out and rising
Entry:
Current Market Price (CMP): $17.75 to $18.00
Stop Loss:
Lower of previous candle: $17.40 to $17.42
Target:
If the price crosses the 9 EMA or reaches $18.45
Risk Reward:
Ratio: 1:2 to 1:2.5
Allocation:
Up to 5-6% of your capital
Type:
Short term swing trade (1-2 weeks)
Conclusion:
Given the recent price dip and the strong overall uptrend of QBE Insurance, this setup offers a favorable risk-reward ratio for a short-term swing trade. Consider entering within the specified range and manage risk with the defined stop loss and target levels.
"🚀 Castrol Stock Analysis: Bullish Signals & Targets📈 NSE:CASTROLIND Technical Analysis (Week Ending 16th Feb 2024)
Closing Price: 💵 207.70
Parabolic SAR: ✅ Buy Signal @ 186.55
EMA & MA Crossover: 🔄 Pending (Bullish Trend Support Expected Soon)
MACD:
MACDR: 📊 6.95 (Crossing Signal)
Histogram: ➕ Positive @ 0.05
Stochastics RSI: 🔄 K51.90 ➡️ D35.58 (Oversold Zone Exit)
%R (Williams Percent Range): 📈 Upward Trend @ 21.52
Fisher Transform: 🐟 0.58 (Bullish Crossover Mid-Range)
🎯 Targets:
First Target: 🎯 213.55 (Recent High)
Second Target: 🎯 220.40 (Fibonacci 1.618 Level)
🛑 Stop Loss: ⚠️ 199.50 (Fibonacci 0.618 Level)
⚠️ Disclaimer: This analysis is for informational purposes only and should not be construed as financial advice. Market conditions are dynamic; trade responsibly based on your own due diligence.
#Castrol #TechnicalAnalysis #StockMarket #NSE #TradingView #Investing #Finance #Stocks #BullishTrends #TradingSignals #MarketAnalysis #FibonacciLevels #StochasticsRSI #MACD #ParabolicSAR
TOTAL2 LODING FOR 2 TRILLION WITH HUGE ALTSEASONTOTAL2 appears to be forming a head and shoulders pattern on the weekly timeframe, currently awaiting a retest for confirmation. Another indicator to watch is the RSI, where a clear trendline retest is anticipated. Once the RSI retests around the 50 mark, significant market movement could ensue, potentially leading to a surge of $2 trillion with a projected rise of 70%.
RNDR Breakout: Triangle Pattern Leading to $20Render Token ( CRYPTOCAP:RNDR ) has formed a bullish ascending triangle pattern, a strong indicator of a potential upward breakout. Additionally, a bullish divergence has been identified, further reinforcing the likelihood of a positive price movement. RNDR is now bouncing from the trendline, showing strong buying interest and support at this level. These technical indicators suggest that RNDR could be heading towards a target of $20.
📊 Equitas Small Finance Bank Analysis - Week Starting 19th FebNSE:EQUITASBNK
Last Closing Price: 💵 107.20
50-Day Moving Average: 📈 Crossed Over @ 406.52 (Short Term Bull Run)
EMA & MA Crossover: 🔄 Pending @ 104.00 & 102.62 (Bullish Trend Re-establishment Expected)
Parabolic SAR: ✅ Bullish @ 99.00
Fibonacci Levels:
Closed Above 📏 0.382 @ 106.05
Next Target 🎯 Above 0.50 @ 108.05 (Strengthening Buy Signal)
MACD:
Signal Value: 📶 1.28
MACD Value: 📈 1.31
Stochastic RSI: 🔄 K58.67 ➡️ D32.73 (Bullish Crossover)
%R (Williams Percent Range): 📈 Upper Band @ 7.87
Fisher Transform: 🐟 Positive @ 1.42, Trigger @ 2.53 (Bullish)
🎯 Targets:
First Target: 🎯 110.15 (Fibonacci 0.618 Level)
Second Target: 🎯 112.95
🛑 Stop Loss: ⚠️ 99.60 (Fibonacci 0 Level)
⚠️ Disclaimer: This content is provided for informational purposes only. It is not intended as financial advice. Trading involves risks and is influenced by external market conditions. Conduct your research or consult a financial advisor.
#EquitasSmallFinanceBank #TechnicalAnalysis #StockMarket #NSE #TradingView #Investing #Finance #Stocks #BullishTrends #TradingSignals #MarketAnalysis #FibonacciLevels #StochasticsRSI #MACD #ParabolicSAR
BUY TODAY Sell After a WEEK {#OPRA}I'm BULLISH on $OPRA. You can see there are hidden diversions on 1D chart pattern and You can also check StochRSI is very strong because of rate isn't that down but rsi comes down in graph. same with RSI. 2nd reason of bullish is Price close above 200 EMA & Giving Price Breakout Above 200 EMA
Coal India Ltd (NSE: COALINDIA) Stock AnalysisKey Points:
Price Movement: In October 2020, the stock traded at an all-time low of ₹109.55. Recently, it made a new high of ₹507.35.
Trend: The stock has been gradually moving in an uptrend, with the 20, 50, and 100 EMAs being surpassed by the stock price.
Dividend Yield: 5.08%
Investment Consideration:
Coal India has shown consistent upward movement and strong technical indicators, making it a favorite in the PSU stock category. It has been added to my watchlist and portfolio.
Disclaimer:
This analysis is for educational purposes only and should not be considered financial advice. Always conduct your own research and consult a financial advisor before investing. The author is not SEBI registered and is not responsible for any financial losses based on this analysis.
Conclusion:
Coal India Ltd demonstrates a strong uptrend and favorable dividend yield. It is a promising addition to a portfolio focused on PSU stocks.
Endurance Technologies Ltd (NSE: ENDURANCETECH) Stock AnalysisKey Points:
Market Cap: ₹29,961 crore
Current Market Price (CMP): ₹2,130.05
Average PE Ratio: 44.03
Dividend Yield: 0.40%
52-Week High/Low: ₹2,318.80 / ₹1,357.00
Beta: 0.54
Technical Analysis:
Upward Trend: The stock has been moving upward, forming a cup pattern on the daily chart.
Support and Resistance:
Resistance: ₹2,318.80
Support Levels: ₹2,026.34 and ₹1,951, where it can potentially show a reversal.
Patterns: In the daily and weekly frames, the stock shows reversals from the 50 and 100 EMAs and has formed a double top pattern.
Investment Consideration:
Endurance Technologies appears to be a strong candidate for a mid-cap auto sector portfolio addition due to its consistent upward movement and favorable technical indicators.
Disclaimer:
This analysis is for educational purposes and not financial advice. Always conduct your own research and consult with a financial advisor before investing. The author is not SEBI registered and holds no responsibility for financial losses based on this analysis.
Conclusion:
Endurance Technologies Ltd shows promise with its technical uptrend and key support levels. Monitor for potential reversals at the support levels before adding to your portfolio.
Bullish of Piramal PharmaIts following a channel.. currently breaking out and might retest in coming days. DAILY RSI is 70 showing strength / Weekly RSI is 66 ( Showing strength) Monthly RSI 49.12 . Ideally I would want it to be above 50 but this is good and should get over 50 by the end of the month.. Price might jump to previous highs