HINDPETRO (1W TF) - Swing Trade Analysis given on 11th April, 2024 Pattern: FALLING WEDGE BREAKOUT - Trendline Resistance Breakout - Done ✓ - Volume buildup at Resistance - In Progress - Demand Zone Retest & Consolidation - In Progress #hindpetro #niftyenergy
Nifty Analysis - Stance Bullish ⬆️ Recap from yesterday: “We are not suggesting that all “roads lead to Rome theory” i.e. everything is bullish, but the probability of things going up seems higher than cutting through the supports of 22051 & 21913. You know us, the moment the supports are broken, we will exit the bullish position at a loss and go neutral.” 4mts...
By Breaking Multiyear resistance and Sustaining above the ATH, Stock confirms the Longterm Bullish contender. Buy on any decent crassh or Fall, because the stock has made Stronger Structure, which wont faily eassily.
NIFTY ENERGY Sector Analysis (1W TF) - 16th December 2023 Pattern: SYMMETRICAL TRIANGLE BREAKOUT - The entire sector has been on a good up move since beginning of 2023 #stocks #swingtrade #chartanalysis #priceaction #traderyte #india #indiagdp #StockMarketindia
NSE:CNXENERGY Hi Guys, I want to Update the Nifty-Energy Index Chart i Shared the Nifty Energy chart before it Breakout on 29.11.23 I shared on 26,300 Spot Price Now we Have 9% Move One Upside so focus Also I share the link to images I mention images in the comment section, I shared on 29.11.23
Adani Power Limited is a holding company engaged in providing electric power generation by coal-based thermal power plants and coal trading. Financials: TTM EPS: 27.81 TTM PE: 10.01 P/B: 5.74 Face Value: 10 Mkt Cap (Rs. Cr.): 107,415 Sector PE: 14.22 Book Value Per Share: 48.49 News: Adani Power, the Adani group company, on Thursday(03/08/2023), had posted...
Chart is self explanatory. Levels of breakout, possible up-moves (where index may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before...
Solex Energy Limited is engaged in the business of renewable energy solutions. The Company manufactures solar lighting systems, solar panels, solar water pumping products and water heater products. Financials: TTM EPS: -- TTM PE: -- P/B: 14.78 Face Value: 10 Mkt Cap (Rs. Cr.): 555 Sector PE: 72.46 Book Value Per Share: 47.03 Positives: Strong Momentum:...
In this technical analysis of IEX stock, conducted by technical analyst Afnan Tajuddin, we break down key levels and demand zones to identify a potential buy opportunity and provide a trade plan for maximizing profits. Please note that this analysis is for informational purposes only, and should not be considered as investment advice. 1. Trend Analysis: IEX stock...
NIFTY ENERGY: BULLISH? As long as 23341 holds support, we can see 29300 again and further 31K-33K n more....
CNXEnergy will be an absolute avoid from a long perspective. One can see that the RSI is losing a lot of strength and the index is unable to make higher highs. We have witnessed this kind of pattern during 2018,2019 and we all know what happened in 2020. It can dupe by a small movement but one need to observe if the index is unable to make a higher high then...
The energy index looks bullish on weekly charts as there are no signs of weakness. As the Heikin Ashi chart has been making green candles also the structure of the chart is good. The overall feel of the chart is good. On daily charts the price is on the bottom of parallel channel and on the same pivots. Renko is also making a green brick. The stock may face high...
Key highlights: 💡⚡ 📊 Currently NIFTYENERGY is giving breakout of Symmetrical triangle. 📊 and 29304 is its resistance level we can see rally of around 1000 point. 📊 but into RSI level 72 is working as resistance level twice. 📊 Keep an eye on both things RSI as well as price movement. 📊 One can go for long into ENERGY SECTOR. 📊 Example : ADANIGREEN , ADANITRANS ,...
INDIAN ENERGY EXCHANGE as per Daily chart Analysis. It has broken the previous resistance at 168 and today ADANI POWER, IEX and TATA POWER has shown good momentum and among these ADANI POWER had no seller after 1.30pm. There should be a Good momentum for these power and Energy sectors for tomorrow. IEX Above 175 and Target 185 Happy Profitable Trading to All...
Nifty Energy(Weekly): 1. The sector is currently in uptrend making Low, High, Higher Low and Higher high 2. Also, its taking support at trendline 3. And, another support comes at horizontal levels of 25511 4. Any closing below 25511 will change the structure of the trend Thoughts Please?
CMP: 215 Near All Time High. Descending Triangle pattern breakout with volume.
The energy sector of our market seems to have given a breakout, it has been in a consolidation for a while now and has shown a healthy correction of 50% according to fib retracement. The pattern it formed was an ideal flag and pole pattern which is a pattern that gives a good momentum when its broken and gives a rally of equal to it's last rally. The RSI stands...
NIFTY ENERGY SECTOR is forming and inverted head and shoulder pattern. The sector has broken out on weekly TF. The stocks in this space can move great over the next few weeks. Your SL in this sector would breaking of right shoulder low. Look for stocks like Tata Power, Adani Power, GAIL, BPCL expect a good run up in these stocks.