Above chart is of timken india which is involved in business of manufacturing ball bearings,incorporated as tata timken. technical point of view 1.on a weekly tf we can see the stock consolidating around 21 ema an good break above it can result in quick upside momentum. 2.if you look closely on the monthly tf the stock beautifully consolidated in a channel for...
CMP 5622 on 07.09..24 The stock price has formed a Cup & Handle pattern in the last more than 2 years. The breakout level is around 6000. At the moment of retracement, it may come down to 5450 to 5250. If the price is above the 54200 level, this setup has relevance. It goes weak if the price sustains below 54200. Always keep your risk management in control, and...
The stock is trading at lower prices if you see last month's movements. In the last few days, it formed a double bottom and again came down to lower levels. If reverses from these levels, a bull run may come. The risk-reward ratio is good at this point. 1. If we enter at 940 while considering the stop-loss at 860 - the loss will be 60 points. 2. If prices go in...
AMBER is trading near ATH zone. Stock has a long term reversal structure in weekly TF. Currently it is at a striking distance to ATH. Above 4615 we may initiate the strongest leg in the coming weeks and months. 4565 will be trigger point after that I will add this from 4520 zone with 4200 as sl. Both Monthly and weekly candles suggest a good momentum as in both...
NSE:DIXON seems ready for next big move as on weekly scale it has completed it's wedge pattern and already breakout happened for 40% now second entry comes now as it has now given breakout from channel (better visible on daily time frame). Next, at least 40%, move is quite clear. Note: Government ban over import of related goods could possible accelerate...
PB fintech on weekly is looking good 1470 is it's all time high and stock created a range near it's all time high resistance so if it breaks 1470 and sustains above the level then we can expect a good movement we can expect 20-30% upside once it sustain above 1470 pre breakout entry level should be 1400 if close above 1400 one can take entry before breakout Do...
1. Abbott India has posted strong Q4 numbers signalling a good quarter for Pharma sector overall 2. The Nifty Pharma Index has shown a bounce back from 18400 levels today with potential to rally to 19200 or beyond to 20000 if other companies post strong results too in the coming days 3. Nifty 50 bounced back from 22000 levels too today 4. If both Nifty and Pharma...
Asset: Godrej Industries (GODREJIND) Timeframe: Weekly and Daily Technical Analysis: Weekly Timeframe: The price on the weekly timeframe is indicating a bullish trend, highlighting potential upward momentum in the mid to long term. Daily Timeframe: Similarly, the daily timeframe is showing positive signals, supporting the optimistic outlook for GODREJIND. 50...
NSE:KTKBANK have formed Cup and handle pattern on weekly time frame. Already first entry have passed now it's time for second entry but for serious and patient investor only. Disclaimer: My ideas are not for recommendation purpose. Just sharing ideas with community.
Hello traders, Previously an idea was posted on godrejprop, this is another realty stock at a good dip as well with a great potential. the realty sector is expected to boom in 2023. let us look onto a short note on fundamentals of SOBHA. A short description of the company: Sobha Limited, incorporated in 1995, is a real estate developer engaged in construction to...
Usha martin symmetric triangle breakout, which is continuation pattern. size of pattern is rupees 80. potential targets 165, 190, 220, 280. keep stop loss 7-8% Time horizon 6-12 months. Note : Only for learning, trade at your own risk.
Apcotex has the potential to give 20% to 30% returns before its following quarterly results, there are few intense resistance levels if the stock crosses them then it will become unstoppable .
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Devyani International looks good to buy at current levels 145 - 140 and add more if get around 130 for the marked targets on the chart. This is an investment stock to hold for the mid-long term. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
CMP coincides with downside of 200MA, 50% Fibonacci level and current RSI level at previous resistance level. Daily candle in the range of previous support now turned resistance. Short term selling could be seen.
1) The stock has given a Strong Trendline Breakout with the candle closing. 2) It Took support from the Bottom. 3) Can go long above 1700 4) Target levels are mentioned in the chart
Watch chart everything is written there , green price labels are targets , buying point is given in chart , dca point is also mentioned in chart.