Rain Industries is one stock where retails are more optimistic than the promoter but techinically their are 3 major red flags in price action 1 It has not crossed 61.8% retracement of fall from ATH to bottom 2020 2 The rise from lows of 2020 is not impulsive (god knows how some people are marking impulsive rise from 2020 bottom) 3 It has not crossed 61.8%...
Greetings Folks, today I have prepared a setup of NSE:DISHTV on NSE the analysis is as follows- - the price started a bullish trend after breaking out of equal high's range - the price was quick to make a deep retracement, i am currently looking at this retracement as bullish confirmation - the price may not retrace much deeper this time, that's why choosing...
Greetings Folks, today I have prepared a setup of NSE:SUZLON on NSE the analysis is as follows- - the price is on a minor bearish mode - we are expecting to take a trade in reversal - the price has swept the previous low's liquidity - if the marked resistance breaks and the price retest, we can expect a minor bullish move - if price fails to do so, leave the...
Greetings Folks, today I have prepared a setup of NSE:HFCL on NSE the analysis is as follows- - the price has made a fresh bullish structure in 15 min time frame - the last higher high breakout failed, which means price can make a retracement to refuel the momentum - the buying price is set under the underlying sell side liquidity orders, if they get swept, our...
SBIN forming Bullish Pennant pattern. This might be good for swing trading. Points to Considered: 1. Pattern formation 2. Volume analysis 3. Any Conformation for Entry 4. RSI
Points to consider Trend is Upward. Consolidation after Upward move. Staying above the trendline after a good breakout on DEC 1st. WATCH if there is any sudden spike towards up. Buy If, Breaks 127.9 and Support trendline with good volume. RSI breakout conformation Any other conformation
We are witnessing a remarkable opportunity as GEECEE VENTURE makes an all-time high breakout. The price structure leading up to this breakout is quite compelling, adding to the appeal. However, it's crucial to exercise caution to avoid getting caught up in a potential fakeout. Here are our criteria and steps for this trade: Confirmation Close: We need...
Central Bank Of India: CMP: 48.30 Exciting news! Central Bank Of India has recently experienced a breakout, a trend we've noticed performing well historically, especially when accompanied by volume. Today, we observe a breakout, albeit in the form of a trend line. Watch closely : If the price surpasses 48.50, we'll consider a long entry, managing risk...
MEP appears promising to me, and I'm optimistic about its potential to be a multibagger. I've acquired some positions at 15.95, and I believe the current price remains favorable for investment. As of now, our stoploss is set at 11. Disclaimer: Investing in stocks carries inherent risks, and past performance is not indicative of future results. It's important to...
ABFRL (Aditya Birla Fashion and Retail Limited) : The stock is currently consolidating in a sideways zone after a significant downtrend. Key Points: Downtrend and Sideways Phase: ABFRL has experienced a notable downtrend followed by a period of consolidation in a sideways zone. Promising Signal: A potential bullish signal will be triggered if the stock...
IFCI Limited is a financial institution that caters to the long-term finance needs of the industrial sector. The Company offers a range of debt products based on the specific requirements of the corporate. P/B: 1.45 Mkt Cap (Rs. Cr.): 4,643 Sector PE: 8.45 Book Value Per Share: 12.87 Positives: Strong Momentum: Price above short, medium and long term...
NSE:UNIONBANK Union Bank of India is engaged in providing banking and financial services. The Bank offers products and services in three categories: Deposits, Loans and Advances, and Remittances and Collections. TTM EPS: 7.28 TTM PE: 5.65 Sector PE: 20.33 Book Value Per Share: 89.52 P/B: 0.46 Face Value: 10 Mkt Cap (Rs. Cr.): 28,090 Some...
Seacoast Shipping Services Ltd, formerly Mahaan Impex Ltd is an India-based company. The Company’s principal business activity is wholesale trading of textile and logistics. The Company focuses to carry on the business of export, import, buying, selling and producing all kinds of textile business. It focuses on textile business, including formulation of jute, jute...
NSE:IEX About Company :- Indian Energy Exchange Ltd provides an automated platform and infrastructure for carrying out trading in electricity units for physical delivery of electricity. It's broker Just like Zerodha or Angel One but for electricity trading. with market share at present, IEX enjoys a dominant 90% market share in the total volume traded across...
This is the chart of Triveni Engineering & Industries Limited, stock is moving in a fixed pattern and is showing positive momentum towards the upside. According to my analysis it will break the trendline and move further for targets of 365, 390, 415, ATH. Stoploss - 320 Only for Educational Purpose Do your own research
Reasons To Enter : NSE:ASIANPAINT 1. Stock about to breakout after consolidating for a almost a month . 2. Crude Oil is going down , so considering the inverse correlation between crude oil and paint stocks , we can see demand going up as oil gets cheaper . 3. Stock closing above both 50-9 EMA 4.Breakout , retest already done . Now price might go up...
AU bank is currently at a very high selling pressure below 600 levels will sell more pressure till it holds 425-430 as support. Its currently trading in upper channel and the moment it will break the middle line there will be more selling pressure on the stock.
🍽️ Zomato Ltd., CMP: 130 Zomato recently exhibited a trendline breakout on December 14, closing above it. A successful retest followed, and another breakout unfolded yesterday. Today, the pattern from that breakout is holding. Anticipating Zomato to serve us a delightful dish at the 147 rupees point. 📉 SL Reference Guide: For Stop Loss, refer to the...