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Oscillators

GLENMARK BREAKOUT Glenmark daily chart is showing strengths followed by breaking falling resistance trendline and giving breakout on relative strength indicator too it is looking like that consolidation phase is over and get ready for further up moves in it that is why I am adding Fibonacci retracement indicator for helping coming resistances and targets too it is looking little complicated but once you will see carefully you will find the research which I want to mention in it.. Cause of Long-: 1- Falling resistance trendline breakout.. 2- Relative strength indicator breakout..
NSE:GLENMARKLong
by AMIT-RAJAN
vst tillers : breakout trading candidateVST Tillers Tractors Ltd. is a leading manufacturer of power tillers and tractors in India. Here are seven points on its financial performance: Consistent Revenue Growth: VST Tillers has demonstrated consistent revenue growth over the years, driven by its strong market presence and a diversified product portfolio. Increasing Profitability: The company has achieved a steady improvement in profitability, with a focus on operational efficiency, cost control measures, and optimized production processes. Robust Return on Equity (ROE): VST Tillers has maintained a healthy ROE, indicating efficient utilization of shareholders' funds and generating favorable returns for investors. Strong Financial Position: The company has a strong financial position, reflected in its healthy liquidity ratios, low debt levels, and adequate cash reserves. Growing Market Share: VST Tillers has been successful in expanding its market share in the power tiller and tractor segments, capturing a larger customer base and increasing its market presence. Export Performance: The company has made significant strides in its export business, with a focus on diversifying its revenue streams and tapping into international markets, contributing to its overall financial performance. Dividend Payments: VST Tillers has a track record of consistent dividend payments to its shareholders, demonstrating its commitment to sharing profits and providing returns to investors. Please note that the financial performance of a company can be subject to market conditions, industry trends, and other external factors, and it is always recommended to refer to the latest financial reports and statements for a comprehensive understanding.
NSE:VSTTILLERSLong
by pratik2358
DCX systems showing early signs of retracement.Today's stock for analysis is DCXINDIA. This stock was recently listed nearly 50% premium over the IPO issue price of 207. Since its listing, the stock is in continuous downtrend as seen on chart. However, from past few days, we can see a retracement coming from levels of 150 in the stock. RSI positive divergence is also visible. 175-178 is a strong supply zone above which the stock can move quickly towards 193-195 levels which is its 38.2% retracement of downtrend. Study the chart and kindly trade as per your own analysis.
NSE:DCXINDIALong
by chartistamey