Get started

Oscillators

RSI DIVERGENCE - RADICO KHAITANNSE:RADICO - DAILY CHART ANALYSIS The price was heading down, making lower lows. Initially, the RSI indicator was following the price too. on daily chart its seen that the RSI starts making higher lows while the price is still heading down. That’s when divergence pattern appears. After a bullish divergence, the price will tend to change from a downtrend to an uptrend. PLEASE NOTE THAT: This chart analysis is only for reference purpose. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:RADICO
by hardeepssethi
Dual Bollinger Band Jackpot Strategy.This is a strategy for Swing Traders who just want to capture the swing and don't want to hold the stock for months. This strategy requires 3 indicators:- Bollinger band (20,2) and Bollinger band (20,1) Volume MACD Trade Setup for Long:- 1] The candle which closes above UB 2, we will call it BREAKOUT CANDLE. The BREAKOUT CANDLE should have following properties; a) The volume of this candle should be greater than previous TWO CANDLE's volume. b) MACD histogram and MACD line should be greater than zero. 2] There should be minimum TWO CANDLES just before the BREAKOUT CANDLE which closed between UB 2 and BASIS. Those TWO CANDLES should consists of atleast one RED CANDLE. And that RED CANDLE should not touch the BASIS. TIMEFRAME:- DAILY CHART. When all of the above requirements is fullfilled we can BUY above the high of BREAKOUT CANDLE. STOPLOSS is 1 point below the low of BREAKOUT CANDLE. TARGET is 2 times the STOPLOSS. DISCLAMER:- this is for educational purposes only. DON'T apply this startegy directly with real money. First do paper trade and see the results and analyse the profitability of this strategy.
NSE:JSWENERGYEducation
by anuragsahu614
2
Union Bank of India: Watch before you leap.📊 Technical Analysis Report: BSE:UNIONBANK 📅 Date: September 11, 2023 🕣 Time: 08:28 AM 📌 Introduction The following report provides a 📈 technical analysis for Union Bank of India as of September 11, 2023. The stock 🛑 closed at 88.10 on the last 🗓 trading day (Friday). 📊 Key Metrics: 🔒 Last Close Price: 88.10 50 -Day Moving Average: 📉 Under selling pressure 🔄 Asset Turnover Ratio: 📉 Low 📊 Return on Equity (ROE): 1️⃣3️⃣-1️⃣4️⃣% 💵 Price-Earnings (P/E) Ratio: 5️⃣-6️⃣ 📈 Technical Indicators: 📊 MACD (12,26,9): 🕒 Yet to show crossover, expected in a day or two 📈 Stochastics RSI: K: 3️⃣1️⃣.1️⃣2️⃣ D: 2️⃣9️⃣.4️⃣7️⃣ 📉 Percent R: -6️⃣3️⃣.4️⃣8️⃣ 📈 Fisher 9: Trigger: 0️⃣.6️⃣6️⃣ Fisher: 0️⃣.2️⃣5️⃣ 🎯 Entry, Target and Stop-Loss Levels 🔥 For Aggressive Traders 🎯 Entry Price: 9️⃣0️⃣.8️⃣5️⃣ (0.5 Fibonacci Levels) 🏁 Target Price 1: 9️⃣2️⃣.4️⃣0️⃣ 🏁 Target Price 2: 9️⃣4️⃣.3️⃣0️⃣ 🛑 Stop Loss: 8️⃣8️⃣.1️⃣0️⃣ 🐢 For Conservative Traders 🎯 Entry Price: 9️⃣2️⃣.2️⃣5️⃣ (0.618 Fibonacci Levels) 📝 Conclusion: While 📘 fundamental aspects like ROE and asset turnover are not too promising, the low P/E ratio indicates a potential 💰 cheap entry point . 🔥 Aggressive traders can consider an entry at 90.85 targeting 92.40 and 94.30, with a stop loss at 88.10. 🐢 Conservative traders can enter at 92.25. ⚠️ Disclaimer 📝 This report is for informational purposes only and should not be considered as 💰 financial advice. Investors are advised to perform their own due diligence 🕵️‍♀️ before making any investment decisions. 🏷️ Hashtags #️⃣UnionBankofIndia #️⃣TechnicalAnalysis #️⃣StockMarket #️⃣Trading #️⃣Finance
NSE:UNIONBANK
by finogent
3
IPCA Labs Technical Outlook: Aiming for New Heights?NSE:IPCALAB , trading close to its 52-week high, ended the last session at INR 935.65, marking a 1.27% uptick . The stock currently sports a P/E ratio of 4.73 and a basic EPS of 19.36 with an average volume of 713.623K. The closing signal, as indicated by the Parabolic SAR, leans bullish. In light of the positive volume build-up observed over the past four sessions and the affirmative indicators, IPCA Labs shows promise in the upcoming week, given supportive market conditions. Entry Logic 🎯: If IPCA Labs opens above the critical Fibonacci level of 0.786 at INR 938.50 on the next trading day, it could pave the way toward an all-time high of around INR 955. The encouraging MACD crossover and the green histogram at 1.05 underscore this bullish sentiment. Target Levels 🎯: Target 1: INR 955 This target is derived from the potential continuation of the bullish trend, assuming no unfavorable market developments. Exit Logic 🚪: An exit strategy should be devised if adverse market conditions arise or if the stock shows reversal signs before hitting the target. Stop Loss ⚠️: A stop loss at INR 915.50 is advised to curtail potential downside, ensuring a controlled risk approach. Technical Indicators 📊: MACD: Bullish crossover coupled with a green histogram at 1.05. Stochastic RSI: With K at 67.44 and D at 48.76, indicating an uptrend without being overbought. %R: Indicates a favorable uptrend. Fisher 9: Positive crossover observed, enhancing the bullish outlook. Market Sentiment 🌐: IPCA Labs exhibits a bullish setup, with the potential to achieve a new all-time high. However, this scenario heavily relies on the broader market's support, as the stock already trades at elevated levels. Any market correction can temporarily impede the upward trajectory. Recommendation 📝: An entry post a strong opening above INR 938.50, targeting INR 955, with a stop loss at INR 915.50, can be a plausible strategy for traders aiming to capitalize on IPCA Labs' momentum. Disclosures and Disclaimers 📢: This analysis is intended for informational purposes only and should not be construed as a solicitation or an offer to buy or sell any securities. Investors are advised to conduct their own research or consult a financial advisor before making any investment decisions. The report is based on historical data and prevailing market conditions; hence, the future may unfold differently.
NSE:IPCALABLong
by finogent
NYKAA looks good!Why NYKAA Looks Good? In the recent price action, we have observed a notable bullish trend as the price has surpassed the level it was trading at 10 bars ago. This upward momentum indicates a positive market sentiment and suggests the potential for further price increases. Furthermore, we have also noticed a significant development in the price crossing above the 21-day moving average. This event suggests a shift in the market dynamics, as the price has moved beyond a key indicator of the average price over the past 21 day. This breakout above the moving average indicates a potential reversal from a previous downtrend to a new uptrend. Additionally, prior to this breakout, the price appeared to have undergone a period of accumulation near the bottom of the major downtrend. This accumulation phase typically signifies a consolidation or gathering of buying interest, potentially indicating a market bottom. The subsequent breakthrough of resistance further strengthens the case for a reversal in the overall market direction. In summary, the recent price action and the breakout above the 21-day moving average point towards a shift from a bearish trend to a bullish trend. The market seems to have concluded a phase of accumulation and is now signaling a new uptrend. Note for everyone who came across this reference: This chart analysis is only for reference purpose. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:NYKAA
by hardeepssethi
SBI LIFE Short time good Buy with still High PE.📆 Recommendation on NSE:SBILIFE for the week starting 4th September 2023 📊 Current Status: Closing Price: ₹1327.10 📈 52-Week High: ₹1374.00 🏔️ P/E Ratio: 70.36 📊 (High!) Sector: Financials - Life Insurance 💼 📈 Technical Analysis: 1️⃣ Parabolic SAR: Recent buy signal as of 1st Sep '23 👍 2️⃣ Fibonacci Levels: Currently at 0.382; eyeing 0.5 and above 🎯 3️⃣ MACD: Showing a positive crossover 📈 4️⃣ Stochastics & RSI: Indicating oversold position, poised for a rebound 📊 5️⃣ %R and Fisher: On the higher end of the spectrum 📈 🎯 Recommendations: Entry Point: 4th September 2023, if opening on a positive note 📅 For Speculators: Good for short-term percentage gains 📈 Target Price: Undefined yet, aimed for short-term gains 🎯 Stop Loss: Not specified (high-risk profile due to P/E) 🚫 🔎 Rationale: Despite higher P/E ratios and below-expectation earnings, the technical indicators suggest a favorable short-term trade opportunity. The financial sector is currently hot, making this a key pick. 📣 Disclosure & Disclaimer: This recommendation is for informational purposes only. Please consult a financial advisor before making investment decisions. 📱 Stay Updated: Hit subscribe for real-time financial insights and stock recommendations! 🛎️ #SBILifeInsurance #StockPick #InvestSmart #WeeklyRecommendation #Finance #Investing
NSE:SBILIFELong
by finogent
Infosys On Bullish trend. Reversal from lows strengthened📆 NSE:INFY Recommendation on NSE:INFY for the week starting 4th September 2023 📊 Current Status: Closing Price: ₹1443.85 📈 52-Week Range: High of ₹1672.60 🏔️ P/E Ratio: 24.27 📊 Position: Mid-range of 52-week high and low 🎯 📈 Technical Analysis: 1️⃣ Parabolic SAR: Recent buy signal 👍 2️⃣ Fibonacci Levels: Trending up past 0.618 📈 3️⃣ MACD: Positive divergence 📈 4️⃣ Stochastics & RSI: Upwards but reaching the upper band (K at 100.00) 📊 5️⃣ %R and Fisher: On the upside (Fisher at 3.38) 📈 🎯 Recommendations: Entry Point: Anytime on 4th September 2023 around 11:00-11:30 AM, if sentiment is positive 🕚 Target 1: ₹1457.35 🎯 Target 2: ₹1498.15 if Target 1 is sustained 🎯 Stop Loss: ₹1401.9 🚫 🔎 Rationale: NSE:INFY is a valuable buy for investors with a medium-term horizon. The stock is supported by several bullish technical indicators and is situated at the mid-point of its 52-week range. 📣 Disclosure & Disclaimer: This recommendation is for informational purposes only and not financial advice. Kindly consult your financial advisor before making any investment decisions. 📱 Want to stay updated? Hit that subscribe button to get real-time analysis and stock picks! 🛎️
NSE:INFYLong
by finogent
1