#RamcoIndustries
- Breakout with VOL surge and retracement near support area
- Trendline and 50 EMA confluence on D
- R:R setup is favorable
- Negate if daily close below 285
- Improving fundamentals
Ethereum is trading inside a Slightly Uptrend Parallel Channel.
It may Take One more Swing low to break above the Resistance or consolidate near the Resistance level to break.
Since February, SRTRANSFIN consolidating in parallel channel range. Currently it's trading near support level of this channel. According chart its indicating reversal from this support level. Also, In today's session it showed correction for 200EMA level. So expected upside target of 1525 in short term. If this gives breakout of the resistance then expected...
we can see the formation of head and shoulder pattern which is a trend reversal pattern in uptrend and the price is at neckline
and we can also see bearish dma crossover so we can see 3 green arrows at different levels which will act as S1, S2, S3 ,
S3 is a very strong one we can accumulate if price comes there (S3 is covid level)
or we can buy on dips at...
The stock is forming a rising wedge and trading near support of 21 EMA, once the wedge is broken we may see lower marked targets in coming sessions.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
The stock was in the bearish territory for a long and we have seen the breakout, you can buy if we see the restest zone around 1720-1680 for the marked upper targets.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
The stock is clearly visible to be taking support of the 20 and the 50 EMA , one may go long Positional at CMP with a TRAILING STOP LOSS RS 2-4 on closing basis below the 50EMA line.
BankNifty opened flat and sustained above our buy level in the morning, Future and Call Buyers made a good profit in the morning. BankNifty also gave a Sell opportunity from upper levels and we bought 36300 PE around 360 which again gave great profit.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 36150
Sell Below 35890
To motivate me,...
Nifty opened with a minor gap-up and broke the falling resistance line which triggered our buy level as analyzed yesterday. Traders who bought Nifty CE or Futures made a good profit in the morning. We also caught the selling opportunity and bought 16300 PE which again gave great profit as we saw around 140 points fall in Nifty.
For tomorrow, we again may see a...
After the corona crisis in 2020, the stock has rebooted from the low of 2100 to hit its all-time high of crossing 4000 points. The stock has fined its trajectory braking the enduring resistance of 3400. Once the stock triumphs its all-time high the stock has leaned on consolidating among 3400 and 3800 points.
The stock has seen taking continuous support at 400...
The Gail India has breakout in the last market hour forming the falling wedge pattern and consolidating for pullback.
The candlestick has already crossed the 20 SMA in Bollinger band showing the downtrend. If the Gail India doesn't reverse the trend when the pullback is formed we can short sell it.
If it reverse the trend, it can again form the sideway trend...
