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Nearbreakout

Borosil renewable is an example of a textbook patternWeekly analysis of Bororenew stock can be analyzed as a beautiful representation of flag and pole pattern. The flag is a falling wedge pattern and currently is nearing the breakout zone which is also its 50% fib retracement level. The daily time frame chart of the stock is signaling a bullish breakout and the risk to reward is very attractive. Fundamentally, this stock is one of the best picks for renewable sector. You can study the chart and invest as per your own analysis.
NSE:BORORENEWLong
by chartistamey
NiftyAnalysis: Weekly EVENT (Feb 1 Budget date ) So My Experience volatility will be there and Indian vix will increase upto budget date 1. Upper side is having resistance and bottom side having support . So wait for the range breakout or breakdown 2. As per the closing bases *Closing base 26 dec 2022 18105.30 *Closing base 02 jan 2022 17859.45 *Closing base 09 jan 2022 17956.60 *Closing base 16 jan 2022 18027.65 *Closing base 23 jan 2022 17891.95 ( So the close to close bases support level is round number 17800 Below this selling will start ) ( Buying will happened in 18250 to 18300) Note : This is just prediction and market it may happen any thing so follow the risk reward ratio.
NSE:NIFTY
by tarunkumar1996
HAPPSTMNDS offering good RRHAPPIEST MINDS Chart Structure: - Stock is in a continuous uptrend. - Stock took a breather of 13% after a 58% up-move. - Currently stock is consolidating at a 10% range. Volume: - Stock trended up with huge volume activity. - During consolidation around 40 lac shares were delivered from 23-29 July. All days delivery is above average. - On 20th August, there was a delivery of 7.30 lac shares - By looking at Volume bars, the supply looks exhausted. Relative Strength: - Stock is outperforming both its sector (NiftyIT) & Nifty50 in 1W, 1M, 3M & 6M - Stock is also outperforming Midcap Index. - Spread Chart breakout happened today. Financials: - In Q1, sales grew by 11% QoQ & 30% YoY - PBT growth was -2% QoQ & 46% YoY - PAT growth stood at -5% QoQ & -29% YoY Other Positive Highlights: - At CMP, the stock is offering excellent RR. - Given the sectoral tailwind, the stock is also expected to perform well. Good stock to study & keep an eye upon.
NSE:HAPPSTMNDSLong
by AmanSaraf
15