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Moving Averages

ICICI Prudential: Oversold and Poised for Recovery Topic Statement: ICICI Prudential Life Insurance has made a healthy correction, positioning itself near strong support levels within an up-trending channel. Key Points: 1. The company reported a robust 43% profit growth QoQ. 2. The price is moving in an up-trending channel, providing clear trading opportunities. 3. The stock is taking support at the lower end of the channel, indicating oversold conditions. 4. The price is near the 180-day moving average, reinforcing the oversold status. 5. Weekly MFI is at 34 which also indicates the price being oversold.
NSE:ICICIPRULILong
by yogeshwar
8
Tata Motors: Oversold and Near Support for Potential ReversalTopic Statement: Tata Motors has experienced a significant correction in recent months, approaching a crucial support level that could signal a potential turnaround. Key Points: 1. The stock has corrected to the 61.8% retracement level, suggesting strong support at the current price level. 2. The price is near the 180-day moving average, indicating oversold conditions. 3. Weekly MFI is at 30, further confirming the stock is oversold. 4. The company reported a profit decline of -22% QoQ for the third quarter, which may cause the price to fall further, even below the 61.8% level.
NSE:TATAMOTORSLong
by yogeshwar
Analyzing Silver's Price Action: Educational Trade IdeaShort Bias Setup: Entry: Wait for the price to retest the descending trendline (~$31.50) and fail to break above it. Target: $30.00 (initial), followed by $28.50 if momentum persists. Stop Loss: Above $32.00 to protect against a trendline breakout. Alternative Long Opportunity: Entry: A confirmed breakout above the trendline with high volume (~$32.20). Target: $33.50 (resistance level) and beyond if the trend reverses. Stop Loss: Below $31.00 to minimize risk.
TVC:SILVER
by prajapat669
Dixon Technologies Near Oversold Levels After Trendline BreakDixon Technologies (India) Ltd. has recently faced a heavy selling pressure triggered by the third quarter earnings results. The stock reported a whopping profit growth of 122% QoQ. Investors should monitor the stock's performance closely to identify optimal entry points. Key Points: 1. Uptrend Line Breach: The stock has broken below its established uptrend line, signaling a possible change in trend direction. 2. Potential Sideways or Corrective Movement: This breach suggests that the stock may enter a period of sideways movement or further correction. 3. Proximity to 180-Day Moving Average: The current price is near the 180-day moving average, indicating an oversold condition. 4. Buying Opportunity: Purchasing the stock near or below the 180-day moving average could be advantageous for investors.
NSE:DIXON
by yogeshwar
HDFC Bank Oversold with Strong Support Levels Topic Statement: HDFC Bank's 3% QoQ profit growth has been overshadowed by its oversold stock price, which is under the 180-day moving average but has found strong support at the 50% retracement level and the critical ₹1600 mark. Key Points: 1. Reported a profit growth of 3% QoQ. 2. Price has received decisive support at the 50% retracement level. 3. The price point of ₹1600 is a critical support level. 4. Stock is trading below the 180-day moving average, making it oversold.
NSE:HDFCBANKLong
by yogeshwar
Newgen in Blue Sky.NSE:NEWGEN showed a strong upmove today Crossed Key Levels and Hit an all-time high, with RSI bouncing back Sharply again. Trade Setup: It can be a Good 1:1 RISK-REWARD Trade for Aggressive Swing Trader. For Postional Trade let it cool down a bit and then try to enter at swing low. Target(Take Profit): 1977 will be Levels for Swing/Positional Trader. Stop-Loss: Around 1534.15 For Swing Trade and Positional Trader. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FLLOW for more 👍BOOST if useful ✍️COMMENT Below your views. Meanwhile, check out my other stock ideas below until this trade is activated. I would love your feedback. Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:NEWGENLong
by Karanshah137
4
Ashapura Minechem - All Time Breakout after 17 yearsAshapura Minechem has give ATH breakout after 17 years. Technically this stock can go to whooping 24500. Other factors: 1. 3rd largest producer of Bentonite in the world 2. Promoters have increased stake 3. Electrification, E-cars, Solar panels gives huge opportunity 4. Technically, has given breakout after 17 years 5. Has done a retracement of ~55% from its high price before moving up and giving a breakout 6. Monthly volumes have been steady Looking at the above parameters and opportunities ahead, this stock is poised to move up to our immediate targets and a big buy for longterm. Keep this stock in your radar. Keep following @Cleaneasycharts as we provide Right Stock at Right Time at Right Price. Cheers!!
NSE:ASHAPURMINLong
by Cleaneasycharts
13
INFY Declares Q3 Earnings Amid Market PressureTopic Statement: Despite posting healthy Q3 earnings with profit growth of 11.6% QoQ, INFY's stock experienced a significant decline, signaling potential further corrections. Key Points: 1. Stock dropped 6% after announcing Q3 earnings, creating a gap. 2. Candle broke the 23.6% retracement level. 3. Price may fall to the 38.2% retracement level, a previous support in November. 4. Price is near the 180-day moving average, indicating oversold conditions. 5. If the price reaches the 38.2% level, it will be under the 180-day moving average.
NSE:INFYShort
by yogeshwar
Stock Analysis: #NESCOHello, Traders! 👋 Sharing my thoughts on #NESCO, a stock I’m currently holding: 📈 Technical Overview: 🔹 The stock is trading near critical moving average levels, which could act as a solid support. 🔹 I’ve marked key stop-loss (SL) and target levels on the chart based on my analysis. 💡 Risk-Reward Perspective: This setup looks promising with a low-risk trade potential. However, as I am holding the stock, my view might be biased, so keep that in mind while interpreting this analysis. ⚠️ Disclaimer: 🔹 I am not a SEBI-registered advisor. 🔹 This analysis reflects my personal views and is not a recommendation to buy or sell. 🔹 Shared for learning purposes only—please do your own research or consult a professional. Are you tracking #NESCO? Would love to hear your thoughts below! 🚀 #TradingView #StockAnalysis #MomentumTrading #NESCO
NSE:NESCOLong
by Inwardlocus
Nifty weekly analysis for 13/01/2025.The weekly charts of the index is looking bearish as the market has closed around the 50 EMA. A strong support around the 23400 levels is there. The support has been tested 2-3 times and it is weakening the levels. If the support levels is breached it can test the lower support level of 22k. Sell on rise the market is there. On daily charts market has reversed from the levels but bullish trades can only be trade once the previous resistance level is taken out. Major levels Support :- 22340, 22650 Resistance :- 23750, 24175 Wait for the price action near the levels before entering the market.
NSE:NIFTY
by TheMamboMomentum
DMART Oversold with Potential for ReboundTopic Statement: Avenue Supermarts (DMART) has corrected severely and is oversold, trading under the 180-day moving average near the accumulation zone, with gaps from the correction likely to be filled. Key Points: 1. Company posted an acceptable profit growth of about 5% QoQ for the 3rd quarter. 2. Price is under the 180-day moving average, indicating oversold conditions. 3. Trading near the accumulation zone. 4. Gaps created during the correction are expected to be filled.
NSE:DMARTLong
by yogeshwar