Decent volumes in the last week and strong volumes in this week as well, a good price action breakout from the cup and handle pattern. Target of 900++ SL 505
SAIL is on the verge of giving big monthly breakout from trendline. It is one of the few PSU stocks which have not shown rally in past couple of years. We can expect huge upside in this stock given the improved profitability and efficiency of the company. Definitely a must have stock in portfolio if interested to invest in metal sector. However, metal sector is...
Gravita is in a flag pattern and expected to break in a few sessions. Stock is being accumulated by big firms. NOTE: I'm not a SEBI REG. Study before investing.
Here, we have attached the Technical analysis chart for Hindalco, Hindalco is in the range which have drawn in the chart and once it tried to break but unfortunately it couldn't and many SL got hit and so that we have noticed huge sell off then, and the price moving between range continued again .... In the chart we have mentioned support and many important...
Nifty Metal index which represents the metal stocks has already given a very good move and in last few months, now as we mentioned and projected it need to retest the lower levels and so that we can see pull back like that so you can plan your trading or investing accordingly ... Disclaimer - views are just for education purpose only, make all your decisions...
NELCO is in a range rectangle which is showing a sign that it may breakout with massive volume in the coming sessions. NOTE: I'm not a SEBI REG. Study before investing.
We have seen an amazing bull run in JSWSteel during the metal sector rally of 2020-21. Since then, stock has been consolidating with 770-780 acting as a strong supply zone for the stock. However, the stock has recently taken support from a 3 year old trendline and currently standing at the same supply zone. If the stock manages to sustain above 780-800 for a...
Hindalco Is in the trending channel and forming bearish flag pattern... Overall it's seems negative in a weekly time frame so we should avoid to invest.... What's your outlook?
Shyammetl has given a trendline breakout yesterday. Stock is looking good for a swing and positional trade. It is better to buy on dip for good risk:reward. Idea is shared for educational purposes only.
SWING TRADE OPPORTUNITY Stock has contracting and making triangular pattern from last year april and finally gives breakout in april this year with very good volumes. And from May, the stock is in consolidation phase which seems to an end. As soon as it comes out of consolidation its major resistance is 225, which is 28% from this price. Company is fundamentally...
buy for tgt 805+++ trade based on pure trendline theory disclaimer - trade @ own risk
Metal Index is showing strength on Daily charts & we can see 10% upmove in Index in coming 1-2 Months. Metal Stock should be the Market Performer for next 20-30 days for 10-20% upside move. Top Picks can be Tata Steel JSW Steel HINDALCO Happy Investing to my friends & followers.
NMDC has broken out of its trend line showing a bullish trend and also a double bottom showing buyers coming in , looks good to be bought above 114 levels with small SL for targets towards 120 levels , aggresive long can be done at current price also
Sell JswSteel Elliot Wave Pattern chart pattern elliot wave corrective wave NSE:JSWSTEEL
Normally I don't do sectoral analysis but this one demands our attention, fundamentals & price action are both looking good for the metal index. As mentioned in my detailed analysis of tata steel, even the metal index did a possible bear trap. Fundamental wise this sector is the most hottest for the coming weeks/months as China opens up & the COVID wave peaks over...
NSE:TATASTEEL Breaking out in wave 3 of Bull Market. The Rip roaring rally in massive 3 wave can take the stock many fold. Much higher to go in next 2-3 years.
NTPC has given channel breakout with good volume.we can keep sl below todays low .also targets are mentioned in the chart itself.
Hind Copper Simple Chart. Resistance breakout and then become support.