(1) The price broke through resistance and surged after a prolonged consolidation (2) It is now maintaining upward momentum with higher highs and higher lows. (3) Following a breakout, the price is near its record high and expected to keep rising.
Hi All, This idea is about Natco Pharma Fundamentals Market Cap - 21712 Cr Stock PE - 15 ROE - 25.9% ROCE - 30% Promoter Holding - 49.7 Quick Ratio - 3.42 D/E - 0.06 NATCO Pharma Limited (NATCO) is a vertically integrated, research and development focused pharmaceutical company engaged in developing, manufacturing, and marketing complex products for niche...
--Breakout with good volume --retest and consolidating near breatkout region --sector in focus Disclaimer: - The view expressed here is my personal view - Any decision you take, you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk...
Buy Asian paints at 2845 with a stop loss of 2818, that must be last down move and from here it is bound to move beyond 3200 at least.. at 2845 wave 1, 2 are supposed to finish for new impulsive wave series and then wave 3 must be 360+ points at least from 2844 ** Please take any trade at your own risk, this is my analysis and sharing in case if goes right and...
WELSPUN CORP (1W TF) - Swing Trade Analysis given on 26th June, 2024 Pattern: REVERSAL FROM WEEKLY SUPPORT ZONE - Consolidation & Pullback at Weekly Support Zone - Done ✓ - Strong Volume Buildup at Weekly Support Zone - Done ✓ - Demand Zone Retest - In Progress * Disclaimer
Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 52050 level then possible upside rally of 400-500 points upto 52450 level & this rally can extend another 400 points if market gives breakout 52550 level in todays session. Any Major downside only expected in case banknifty starts trading below 51950 level.also possible reversal...
The Indian Hotels Company Ltd. Negative RSI divergence on weekly chart No Recommendation Just an interesting chart to observe and keep on radar. Lets See How it evolves. Stay Cautious ! Stay Alert ! Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell...
Reliance Ind long Term Chart as per Fibonacci recent breakout and at lifetime high
Hi, NSE:BEPL has given a Bullish Flag Breakout on Daily charts with very good volume. MACD is also on the bullish side on Daily and Monthly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames. In the current market scenario, I am expecting that the bullish momentum will continue. Complete price projection like entry, stop...
Stock is looking good for both short-term and long-term view. Stock has completed the Ascending triangle pattern and given breakout of that triangle, which opens up an opportunity for investors. As the current government is positive on the renewable energy sector and ahead of union budget, it is the right sector to put your money in for decent returns. This...
NSE:NIFTY Maximum Call writing near CMP is at 25000 strike with 126.80 Lakh followed by 88.10 Lakh at 24500 Strike and 75.33 Lakh at 24300 strike and Put writing of 105.28 Lakh at 24000 Strike followed by 75.80 Lakh at 23800 Strike and 69.78 Lakh at 24200 strike. Index is closed near 24285 level. Index has resistance near 24300 - 24350 range and if index...
BANKNIFTY Levels for Today Here are the today's BANKNIFTY Levels for intraday. Based on market movement, these levels can act as support, resistance or both. Please consider these levels only if there is movement in index and 15m candle sustains at the given levels. The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level....
✅ It has already tested upper trend (white line) multiple time but failed which is 1 year old resistance, but this time the stock is coming with high momentum and should easily break it. If sustains above 475 then rally will start ✅ Fundamentally stock is very strong, i have analysed companies future plans of expansion and outlook all looks good ✅Water pumps...
#Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or support 15-minute candle. (S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support) (This Analysis and idea is based only on support and...
✅ The stock has been consolidating for the past 7 months, finding strong support around INR 640 and repeatedly testing resistance near 870. Recently, it broke through this resistance with high momentum and significant volume, indicating a strong bullish trend. If the stock sustains above 870, it could see a rally towards 1,000, driven by increased investor...
#Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or support 15-minute candle. (S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support) (This Analysis and idea is based only on support and...
Hi Guys!!! IT is doing good so do the infosys... Infosys is giving round pattern breakout. I recommend to buy at the level of 1617 to 1640 for the positional target of 1800. The hold time would be around 6-8 months. The SL will 1585. Thanks