While Nifty consolidates, will CPSE ETF outperform?
Attached: BAJFINANCE/ NIFTY 50 Daily Chart as of 18th May 2023 A Double Bottom/ Inverted Head & Shoulder Pattern Breakout is Clear in this Chart Price is also moving in a Channelized/ Impulsive Manner And so it is Set the Measured Move Target indicated by the Up Arrow Similarly, on the Price Chart of Bajaj Finance, Price can head to 7400 as that is the Pattern...
Attached: COLPAL/ NIFTY 50 Daily Chart as of 11th May 2023 The above Ratio Chart shows a Classic Bull Flag Setup within an Inverted Head & Shoulders Pattern. This is Bullish Evidence in favor of the Ratio Rallying Upwards They say Buy Strength and Sell Weakness Therefore this makes NSE:COLPAL a BUY given its Potential to Outperform!
Attached: MARUTI/ NIFTY 50 Daily Chart as of 5th May 2023 This Ratio Chart has just given a Fresh Breakout Buy Signal implying that for the coming days/ few weeks NSE:MARUTI is all ready to Outperform and take Leadership for Nifty 50 Buy Strength and Sell Weakness Hence, expect Buying Action in MARUTI Stock from here on is what the Charts say!
Attached: HEROMOTOCO/ NIFTY 50 Weekly Chart as of 28th April 2023 The above Ratio Chart also called a Relative Strength Chart shows that the Stock HEROMOTOCO is set to Outperform the Index Nifty 50 and has given a Buy Signal on this Ratio Chart based on Elliot Wave Theory Wave 1/ A was a 5 wave Impulse Ratio retraced to 0.786 in Wave 2/ B as a 3 wave...
Attached: Nifty Small Cap 100/ Nifty 50 Daily Live Market Chart A Possible Trend Change in this Ratio as there is Breakout And now Small Caps are set to Outperform Large Caps for the coming few weeks This is Risk On behavior, something has clearly changed on this Chart
Attached: Glenmark/ Nifty 50 Weekly Chart as of 31st March 2023 This Relative Strength (Ratio) Chart clearly shows the Outperformance of Glenmark over Nifty 50 has Started! The Ratio Chart has given an Inverted Head & Shoulders Breakout with this Week's Candle Close If you compared Glenmark and Nifty 50 both on a Year To Date basis for 2023, then we...
ZFCV has retested its breakout and this can be a great accumulation zone for this stock. this stock is a good fundamentally strong counter which recently came out of a monthly correction. Accumulate at current levels. Can go 3x-5x in the next 3-4 years.
Campus Active has been continuously going up and looks like a very strong candidate to outperform the market in a very short period of time. Stop loss at 600
NSE:KEI The price has given the breakout from the Triangle pattern. The prices are trading above the moving averages which shows bullishness. The MACD is also bullish. The RSI is above 50 which shows good momentum. This view is for 1 to 6 months. The Target and SL is given in the charts. The stock is outperforming the NIFTY for 1 year. Disclaimer : This is my...
NSE:TATACOMM On weekly timeframe the price has given breakout from the trendline. The MACD on weekly basis is also bullish. And RSI is also above 50 which shows good momentum. The prices has crossed the moving averages and is above all the moving averages which shows bullishness. The stock has outperformed NIFTY for 2Y timeframe. This view is for 6 to 12 months....
Vedl Trading after 12 long years near life high copper near breakout Vedl is a clear play for 500 areas . on downside strong support at 300-310 areas on longer horizon outperformed metal index and nifty from past few months
The scrip SEQUENT SCIENTIFIC has been outperforming nifty and has given a break out after small consolidation. Consider buying SEQUENT SCIENTIFIC for target of 200-205.' Keep stop loss at around 150-152 on weekly closing basis. ***ideas are my own *** please take risk as per your risk appetite ***
LONG ENGINERSIN @ 283-285 for Targets 344 & 383. ENGINERSIN has moved very well since last bottom it has formed in February 2016 around 138. Since then it has been a steady rise for stock. It has been range bound for a while and Clear breakout has been seen last Week Closing above 280. It will Reach 344 & 383 Levels Soon. *Sharing Ideas for Educational Purpose Only.