This Auto Ancillary stock has been under consolidation for a while. But technical indicators shows strength for a run. Further, it has been taking support at the 200 DEMA. One can buy at Rs. 61.45 with a target of Rs. 65.80 and closing above could run to Rs. 67.80. Keep Stop Loss of Rs. 58.69.
📊 Script: CENTRUM 📊 Sector: Finance 📊 Industry: Finance & Investments Key highlights: 💡⚡ 📈 Script is trading at upper band of BB and giving breakout of it. 📈 MACD is giving crossover . 📈 Double Moving Averages giving crossover. 📈 Volume is increasing along with price which indicates volume breakout. 📈 Right now RSI is around 68. 📈 One can go for Positional...
This FMCG Alpha is looking good for a short run. On daily charts there is a rounding bottom formation. While on technical Indicator front 20 DEMA is crossing above 200 DEMA and RSI is trending bullish, which shows strength in the stock. Buy at 2608 with a targets of 2730 and Stop Loss of 2450.
On Occassion of Diwali my educational pick basis fundamental and technical will be Nykaa NSE:NYKAA On technical front Price Crosses Moving Average (50-week) After down trend price in consolidation mode making HH and HL Bullish Momentum - Above Short, Medium and Long Term Moving Averages Outperformer - FSN E-Commerce Ventures Nykaa up by 1.32% v/s NIFTY...
This stock has been underperforming with below expectation results. But with the technical indicators turning positive, one can take a risky bet on this stock. On the technical indicator, MACD line is crossing over the Signal line on weekly charges. Further, 20 DEMA is crossing 200 DEMA on daily charts indicating bullish trend in the short run. Further, there is...
This stock has broken out of 50 EMA and making a short term breakout of 2-3 weeks. EMA: Stock is above 50 and 200 DEMA. MACD: positive Volume: Above average. Current view is bullish with expected swing trading target around 10-12% and is very decent target for swing trading.
Introduction: Intense Technologies been positioned amongst AnyPrem CCM Software Leaders in 2022 Aspire CCM-CXM Leaderboard™.We have been positioned amongst AnyPrem Customer Communications Management (CCM) Software Leaders for Telecom, Insurance, Public Sector and Utilities verticals in the 2022 Aspire CCM-CXM Leaderboard™. Also, we are...
The price is following a symmetric triangle pattern. Now the price is trading near the lower leg and, the convergence and degree of ema bands also indicates a downtrend could continue. Also its important to mention that the breakdown or breakout of a triangular pattern indicates the start of an trend, but for confirmation of a downtrend the price has to breakdown...
Price Analysis Current Price: $28739.02 24-Hour Change: 1.88% Circulation Supply: 19.52M Trend Analysis Technical Indicator : Strong Buy (On Daily Basis) Moving Average : Strong Buy (On Daily Basis) Overall Trend : Strong Buy (On Daily Basis) Key Support and Resistance Levels: Support Level 1: 28125.4 Support Level 2: 27850.3 Resistance Level 1:...
The price declined about 13% from the high of 2631. Also the degree and nature of separation of ema bands indicates a downtrend. If the price is rejected from the level of 2362 then it will continue its downtrend. And for an uptrend the price has to break the resistance zone with momentum. It's important to consider, the long-term band is in the resistance zone....
MAJOR TECHNICAL LEVEL R1 : 1873.47 | R2 : 1875.09 | R3 : 1878.05 S1 : 1864.31 | S2 : 1865.93 | S3 : 1868.89 CANDLESTICK FORMATION Inverted hammer candle formation in intraday time frame. There are major technical indicators show strong buy zone in hourly, daily and weekly time frame.
Rain industries is currently in a symmetrical triangle pattern resting on the 200EMA and is on a strong area of confluence which is acting like a support zone, it is also supported by a moving average right below which is the 50EMA which gives us 3 major support zones. Looking deep into the volume of the consolidation, you can see that the consolidation was on...
Tata chemicals has formed a beautiful symmetrical triangle pattern and requires traders to trade the range, buying at the lower trend line and selling at the higher. It has also formed a golden cross- When 50EMA passes 200EMA from below showing bullish nature. A break of the lower trend line will see an end to the trade, making it a risky one.. Hence we should...
Banknifty (weekly ) More probability is there for "Bearish " . . For " Short" entry: 45950 / 46200 target: 45750 / 45550 stoploss: 46270 . . For " long " entry: 46300 target: 46450 stoploss: 46200 . . Enter only if market Breaks "Yellow box" mentioned. . wait for proper reversal and conformation. . don't be aggressive. . refer old ideas attached below.
Attached: Ambuja Cements Hourly Chart as of 21st April 2023 Price is heading Down on its Way to Meet the Harmonic Pattern Targets (SELF EXPLANATORY just see Chart for levels) Some other Points to also note are as follows: - Hourly MACD in Sell and below 0 line - Hourly RSI below 30 and Oversold (as it should be in a Bear Trend) - 20 Hour EMA below 50 Hour EMA...
📊 Script: M_MFIN (MAHINDRA & MAHINDRA FINANCIAL SERVICES LIMITED) 📊 Nifty50 Stock: NO 📊 Sectoral Index: NIFTY MIDCAP / NIFTY 500 /NIFTY FINANCIAL SERVICES 📊 Sector: Financial Services - Financial Services 📊 Industry: Finance - Non Banking Financial Company (NBFC) Key highlights: 💡⚡ 📈 Script is trading at upper band of Bollinger Bands (BB) and going to give...
#Watchlist #PETRONET (W) Ready to break 294 days consolidation? Breakout will confirm above 240 Weak below 215 1- Stock Breaching 200 MA (W) 2- Horizontal breakout of 42 weeks 3- Weekly Resistance Trendline Breakout Keep on Radar. #Disclaimer:-View shared it for educational purposes only.
Godrej Properties is look good to buy. Selling pressure is reduced from the stock. Currently Stock is taking rejection from 200 EMA and support near the 1150 price level. Currently, 1150 INR is looking for good support for the stock and in the last trading price closed crossing 30 EMA. CMP is a good price to go long in the stock because here risk-reward is...