Breakdown in Ramco Cements Ltd...Chart is self explanatory. Levels of breakdown, possible down-moves (where stock may find support) and resistances (close above which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Mandeepsinghkohli
How to compare relative performance between stocks and indices ?You can compare the relative performance by using the compare option on charts. The compare function tool is used to compare the market movements of two or more different symbols simultaneously. Popular use for a comparison chart is comparing two companies within the same sector.
Click on the Compare or Add symbol button (displayed as plus sign) on the toolbar along the top of the chart, search and add the indices/stock which you would like to compare. You will see a representation of the percentage comparison from the beginning price point to the current price.
To delete the comparison line right-click on it and click on ‘Remove’.
This example is comparison chart of Nifty Bank and Nifty PSU Bank.
After 12 years i.e. 1st November, 2010 - 7th November, 2022:
Nifty Bank - 214% Positive
Nifty PSU Bank - 31% Negative
Nifty PSU Bank has given breakout.
I hope this little information on comparing indices/stocks is useful. Please feel free to write any additional information in the comments section below.
Thanks and happy learning/trading.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Breakout in Best Agrolife...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Breakout in Axiscades Technologies...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Breakout in Exxaro Tiles...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Breakout in Gokul Agro Resources...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Breakout in Bank of Maharashtra...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
U.S. Dollar Index (DXY) at crucial point. What's the next move ?The U.S. dollar index (USDX) is a measure of the value of the U.S. dollar relative to a basket of foreign currencies. The USDX was established by the U.S. Federal Reserve in 1973 after the dissolution of the Bretton Woods Agreement. It is now maintained by ICE Data Indices, a subsidiary of the Intercontinental Exchange (ICE).
The index is currently calculated by factoring in the exchange rates of six foreign currencies, which include the euro (EUR), Japanese yen (JPY), Canadian dollar (CAD), British pound (GBP), Swedish krona (SEK), and Swiss franc (CHF).
The Dollar index also impacts the inflationary trend in India. Though the Indian Rupee is not included in the index, changes in the dollar's index relative to other currencies have an impact on the Indian economy. An increase in the Dollar index makes the dollar strong and depreciates the value of the INR.
A weakened rupee makes imports costlier and impacts India Inc.’s profitability due to increased production costs. Increased costs lead to inflation, and the prices of goods and services rise, much to the detriment of consumers. Thus, the overall GDP (Gross Domestic Product) is impacted and suffers a slowdown when the dollar strengthens.
* 15 Year cycle is progressing.
* Trading withing rising channel.
* Arc 1 breakout around July, 2014.
* Arc 2 breakout around March, 2022.
* Trading near it's resistance (Resistance 5).
Page Industries - Long Setup, Move is ON...#PAGEIND gave an entry at 36412 on breakout.
Has moved from 36412 to 54026 levels.
It is now trading above Resistance 1 of 48823.
Next Resistance 2 is at 68917.
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
E.I.D-Parry - Long Setup, Move is ON...#EIDPARRY gave an entry at 419.05 on breakout.
Has moved from 419.05 to 619.95 levels.
It is now trading above Resistance 1 of 572.60.
Next Resistance 2 is at 861.
Here is previous chart:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Asahi India Glass - Long Setup, Move is ON...#ASAHIINDIA gave an entry at 429.20 on breakout.
Has moved from 429.20 to 694 levels.
It is now trading above Resistance 1 of 634.
Next Resistance 2 is at 954.
Here is previous chart:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Lemon Tree Hotels - Long Setup, Move is ON...#LEMONTREE gave an entry at 45.60 on breakout.
Has moved from 45.60 to 91.55 levels.
It is now trading above Resistance 4 of 89.
Next Resistance 5 is at 138.
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Breakdown in Oil India Limited (OIL)...Chart is self explanatory. Levels of breakdown, possible down-moves (where stock may find support) and resistance (close above which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Breakdown in Can Fin Homes...Chart is self explanatory. Levels of breakdown, possible down-moves (where stock may find support) and resistance (close above which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Elecon Engineering Company - Long Setup, Move is ON...#ELECON gave an entry at 230.30 on breakout.
Has moved from 230.30 to 415.60 levels.
It is now trading above Resistance 2 of 368.
Next Resistance 3 is at 428.
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Mazagon Dock Shipbuilders - Long Setup, Move is ON...#MAZDOCK gave an entry at 311.65 on breakout.
Has moved from 311.65 to 467.80 levels.
It is now trading above Resistance 3 of 453.
Next Resistance 4 is at 632.
Here is previous chart:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Breakout in Vakrangee...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Target 2 achieved in Schaeffler. Gain of 89% Target 3 is ON.This is follow-up on Schaeffler India. Can check link to related ideas.
Target 2 achieved. Gain of more than 89%. Target 3 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Target 1 achieved in Ice Make. Gain of 22% Target 2 is ON.This is follow-up on Ice Make Refrigeration. Can check link to related ideas.
Target 1 achieved. Gain of more than 22%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart. Have not changed Stop Loss as there is no nearby good support.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Breakout in Ruchira Papers...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Breakout in DCB Bank...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Resistance 1/Target 1 achieved in WSTCSTPAPR. Resistance 2 is ONThis is follow-up on West Coast Paper Mills. Can also check link to related ideas.
Resistance 1/Target 1 achieved. Resistance 2/Target 2 is ON as it is trading above resistance line of 609. Has moved more than 51% since breakout at 422.60.
Here is previous chart.
Chart is self explanatory. Entry, Resistances/Targets and Support/Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Resistance 6/Target 6 achieved in BEL. Resistance 7 is ON.This is follow-up on Bharat Electronic. Can also check link to related ideas.
Resistance 6/Target 6 achieved. Resistance 7/Target 7 is ON as it is trading comfortably above resistance line of 278.05. Has moved more than 143% since breakout at 126.40.
Here are previous charts.
Chart is self explanatory. Entry, Resistances/Targets and Support/Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.