Date - 5th April 2024 Time - 11:15 Am As We can see, Indus Tower one of good movers in recent time and gave breakout on weekly and Monthly TF. Little late to post this idea but still Indus Tower is showing good movement on daily basis even when nifty is moderate. Actual good entry was at 250 Rs . when its retest blue line shown in chart but still, I am...
Date 10th April 2024 Time: 3:30 IDFC FIRST BANK was in a correction from last year's Sept. After showing full correction Wave At the end of March it Gap Down and from 1st Day of April it Started moving up seems like its short covering . But More Confirmation for going long is on 8th April IDFC Gap Up and Going upside continuously. and finally,...
#Britannia looks bullish but it's not, little bit up move still remained but eventually going to come down, bigger picture it will look in sideways good for investing long term
Date: 7th May 2024 Time: 3:30 PM Shalby was on my watch from past week, and I was waiting for entry level for good price to buy. First of all, there is a W pattern which formed in Sept 2023 but again came down, so I was waiting for entry after Retest in Shalby. I have done wave counts on Shalby from beginning and find that, Correction 5 Wave Structure has...
Begin bottom fishing on Kotak Bank by initiating with a small quantity and gradually pyramiding as you progress. Disclosure : I am not SEBI registered. The information provided here is for education purposes only. I will not be responsible for any of your profit/loss with this suggestions. Consult your financial advisor before taking any decisions
HFCL emerges as an attractive swing trade prospect, combining technical strength, breakthrough dynamics, and heightened market participation. Traders eyeing potential opportunities should keep a keen eye on these developments, as HFCL navigates its path in the market. Reasons are stated below : After enduring multiple tests at the 92 levels, HFCL has...
Welspun Living , a company engaged in the home textiles and furnishings sector, presents a potential swing buying opportunity based on several technical factors. Reasons are listed below : The repeated testing of the 155-165 zone suggests the establishment of a robust support/resistance level. A potential breakout from this range could signify a notable market...
Grasim Industries , a prominent player in the Indian conglomerate landscape, presents an intriguing prospect for swing traders, as evidenced by a convergence of technical factors signaling a potential upward rally. Reasons are listed below : The repeated testing of the 2175 level underscores its significance as a critical support/resistance zone. With the...
DATE - 12th March 2024. HDFC Bank has breakout today with good amount of candle size and volume too. Applied Concepts Chart P. - Inverted H&S Positive Order Block from Daily Time Frame and Previous OB of Monthly TF as shown in chart. Only OB is not a good option so here we have applied FVG (Fair Value Gap) also, Price Action has successfully reversed...
Date- 15 March 2024 Time - 10 Am Points to be Noted- 1. As we can see, Avanti Feeds breakout from its long-term triangle formation with Inverted Head & Shoulder Chart Pattern with strong Volume Green Candle. 2. As supporting indicator MACD is showing Seller Exhaustion with decent bullish movement so far. 3. I know we are little late but one more...
Date - 1st March 2024 Rico has already breached All time high price level which was 114 Rs. Expecting huge target of 220 from current price 115 of Cup & Handle pattern. Wave Count also in Favour 5th leg on monthly timeframe is still remaining. for the safer side majority of your entry should be on retest that shown in chart. 5ema is also supporting on...
Date: 24th April 2024 Time : 10:45 Am Valiant Organics has been in my watchlist for a long time, Finally, it seems like its Wave structure of downfall is finished with March low point. Now in ABC Wave Structure C Wave is likely to reach till Depth of Correction Point which means Prev point of 4th wave is new Target. Apart from this There is a...
BERGEPAINT appears to be within the buying range, and if the price decreases, I will consider acquiring more. I have set a 1:2 risk to reward ratio for the initial profit level, and I intend to hold onto the investment as long as the price continues to rise. It will be interesting to observe the price movement. I am not SEBI registered. The information provided...
Wipro appears to be within my budget for purchasing, so I've begun investing a portion of my funds. I anticipate a profit of approximately 150%. My initial goal is to reach the 720 range. I am not SEBI registered. The information provided here is for education purposes only. I will not be responsible for any of your profit/loss with this suggestions. Consult your...
📊 Fundamental Key Points: Action Construction Equipment Ltd engages in manufacturing and marketing hydraulic mobile cranes, tower cranes, construction equipment, and agricultural machinery. The company offers a diverse product portfolio to meet various customer requirements. Financials: Market Cap ₹17,094 Cr, Current Price ₹1,428, Stock P/E 61.7, ROCE 26.2%,...
ALKYLAMINE is looking for buying opportunity after forming descending channel & clear formation for a movement to the upside. Expecting to reach at 2700
Hello I hope all of you are doing well!! Bank Nifty analysis for educational and learning purposes. Pl. share your point of view. Keep Learning with NG. Thank You Nitin Grover