AWL giving breakout with huge volume breaking the 20ema target can be around 815 do your proper research
Muthoot finance heading towards 200ema 200ema or 1150 can be the target volume is also good u can study the stock and Q2 result
The stock seems to be at a point of reversal due to the following reasons 1) The stock is at 200 days moving average support and has also given a solid closing for the day. 2) The stock is also at an important support level from which it previously gave strong rallies.
Will observe price action between 82 till 92. This range will define how the stock does going forward - whether it takes the upward move, goes sideways or pulls back to its prior support levels of 70, 66, 60 and 55. RS line is trending up, with the price above the 10 week moving average line. I would hold a bullish view above 92 with strict stop loss of 5-8% if...
Banknifty on the daily time frame has form an inside candle and a dragon fly doji. The market traded in a narrow range. After a gap up, there was drip and market regained point to today’s high. Nifty has crossed above 18k and Banknifty is also around its ATH. Both the indices can create new highs in the coming month. On 15 minute time frame, the market has...
Nifty has given a nice bullish candle on daily time frame and crossed over 18k. Nifty remained strong and there was a nice up move in the last hour gaining 225 points in the whole trading session. On 15 minute time frame, the market has formed a higher high formation. Support:- 17950, 17915, 17835 Resistance:- 18000-20, 18080, 18140 Wait for the price action...
SRTRANSFIN | Channel + 200 EMA support - Looks potential for 60% CMP : 1275 (Dip : 1150) SL : 950 Target : 1900 1:4 risk reward setup
Nifty on the daily time frame has given a dragon fly doji and has formed an inside candle. The market remained volatile and during the second half of the trading session the market has gained some points. On the hourly time frame, the market tested the 20 ema and there was a nice up move. Nifty remained in a downtrend whole day and during the last hour market...
Banknifty on the daily time frame has given an inside candle and after the gap up there was a sell off. Even on the expiry day, banknifty consolidated in the second half of the trading session. The market has tested the 41350 level many times and has closed above 41300 level and 20 ema on 15 minute time frame. November session has begun and till now in October...
Diwali season is considered one of the best season to get your house painted. With festive season gone behind us, is Asian Paints losing it's shine ? Let us look at what chart has to tell us... We are looking at daily charts of Asian Paints The stock is seeing a lot of selling since it made a high of 3582 on September 28 - the stock is trading below it's 21...
In our July 2022 coverage, we had marked the red line zone as possible resistance zone and that is precisely what TCS has followed. It has fallen exactly from those levels - If we look at the broader picture, Since the beginning of the year, TCS has been trading in a classic down trend channel. Now with results round the corner, the stock is in the middle of...
DLF Multiple Line of resistance around 376 - 385 - 21 day EMA around 370 - 63 day EMA around 369 - 252 day EMA around 354 Given the set up one may consider a Short strangle strategy in DLF Sell DLF 400 Call option Sell DLF 340 Put option for October series Net receivable Rs 9.6 per strategy lot. Max profit potential Rs 15840 per strategy and gives a yield...
LT stock has given a break out and has crossed 61.8% fibonnaci level on the daily time frame. The stock was trading around its 20 DMA and consolidated for 10-12 days in a narrow range. In the last trading session, the stock has given a 2% up move with nice volumes. The stock has formed a nice price action pattern. 3 points confirmation. 1. Break out of the...
Shree Cement has been consolidating in a narrow range for around 4 weeks. The stock has formed a bull trap on the daily time frame, giving a break out and getting back to the consolidation zone. It has been facing a rejection from 20 DMA and a bear flag is there. Moving averages on the hourly time frame are close and the stock can give either side break...
Hindustan Unilever has lost 5% in only 2 trading session, taking stock around 2500 figure. The stock on the daily time frame has broken the 20 DMA and closed just near the support level of 2500. The support has been tested 4 times and if the support line is broken the stock can plummet to 2450 levels. Even on the weekly chart analysis, the stock is trading...
Banknifty on the daily time frame has given a nice bearish engulfing candle, filling the gap created during muhurat trading. Market has given a nice up move during the last week and is taking a pause for another move. Index has seen a sell off from the initial hour and tried to regain some points. During the last trading hour the market fell around 300...
Nifty on the daily time frame has formed a bearish engulfing candle and the gap created on muhurat trading was filled perfectly. The market opened gap up and there was a sell off from the first hour of the trading session. On the hourly time frame, market has closed just above the 20 ema and lost around 50 points during the last hour trading hour. Nifty has...
KPIT giving flag pattern breakout onn can buy above 680 may retest also target can be 750+ keep sl 645 in mind do ur proper research