-One Simple Horizontal Line setup -Setting up well with volume, Signal Candle (more than 5% move with more than 1M vol) suggesting institution buying -Volumes kicking in -Tightness
-One simple horizontal line setup -Volume kicking in -Strong Sector -Iron n Steel (Metals) -Signal candle (white dot, when more than 5% move with more than 1M volumes) suggesting big players are buying
Hello Everyone. The market was bearish but gave opposite moves to take SL few times today. Previous support has turned to resistance now and vise versa. Let the resistance or support range break with 15-minute candle before going for any trade book profits every 30 points. Its expiry so trade if levels are broke an there are clear signals of any trade. If we try...
ORCHPHARMA |Simple triangle setup - Looks good for 25-40% Valuation wise it looks expensive and almost trading in 65 P.E But they are sales and margins are increasing CMP : 1170
Suzlon has created a double positive chart pattern 1. Flag Pattern - Breakout Done 2. Rounding Bottom - At Breakout area. Flag pattern has a pole of 40 points which make the target of 94 - It has already broken out from the Flag pattern. Rounding Bottom its almost there breakout is above 56. Once this is crossed it will start its journey towards 104...
Hello Everyone. The market was bearish but gave opposite moves to take SL few times today. Previous support has turned to resistance now and vise versa. Let the resistance or support range break with 15-minute candle before going for any trade book profits every 30 points.
Litecoin Nears Annual Low: Potential Rebound or Further Descent? Litecoin price was trading close to $74.28, recording a slight intraday loss of 0.44%. The weighted sentiment curve has dropped below the zero line indicating the bearish dominance in the crypto. Litecoin price has been in a short term declining trend after the breakdown of the psychological $80...
#BankNifty 15-min Intraday Strategy (24 Jun): Buy above 51,824 🎯 Target: 52,000+ Sell below 51,275 🎯 Target: 50,750+ Key Levels: Resistance: 51,817.85 Support: 51,287.35
Hello Everyone. The market was in a bearish mode previous day. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for...
#Nifty 15-min Intraday Strategy (24 Jun): 15 Min Buy above 23,520 🎯 Target: 23,625 Sell below 23,425 🎯 Target: 23,335 Key Levels: Resistance: 23,612.45 Support: 23,336.35 #Trading #StockMarket #Nifty50
Andhra Paper analysis on 23 Jun 24 Formation of Cup and Handle pattern on monthly time frame breakout of C & H Pattern and support near B/O Add some quantity now Try to add on dip 490 to 500 Target 600 - 650 - 700 - 750 - 800 Cup and handle pattern target 850 (Stock split is declaired 1: 5) Fundamental Anallysis promoter holding 71% FII holding 2.33 stock PE...
The "Cup with Handle" pattern is a bullish continuation chart pattern that signals a potential continuation of an uptrend after a period of consolidation. When observed in Peninsula Land's stock chart, this pattern indicates the possibility of further price increases. Cup with handle pattern formation complete in 4 months Key Characteristics: Cup Shape: The...
Hello Everyone. The market was in a bearish mode previous day. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for...
Price Levels: Current Price: The current price is around INR 1,561.00. Support Level: The support level appears to be around INR 1,551.50. Resistance Level: The resistance level is marked at INR 1,703.65. Key Observations: The stock has tested the support level around INR 1,551.50 multiple times, indicating it is a significant support zone. Breaking below this...
Nifty looks like will test 23200 level for once and then resume its upward movement towards 23800-24200-24800. Its lacking the momentum as of now. Bank Nifty has given a strong breakout and we saw 2000 points rally as well!! above 51900 it will open doors for 54100.
The "Double Bottom" pattern is a bullish reversal chart pattern that suggests the end of a downtrend and the beginning of an uptrend. When observed in Dalmia Bharat's stock chart, this pattern indicates a potential increase in the stock's price. It took almost 2 months to complete the pattern. Key Characteristics: Shape: The pattern consists of two distinct...
Reasons for Bias: Trend Reversal: The stock has shifted from a bearish to a bullish trend. Strong Trend Momentum: There is strong momentum driving the trend, indicating sustained buying interest. Patterns Involved: -Cup and Handle (Monthly Timeframe): The stock is forming a cup and handle pattern on the monthly timeframe, which is a bullish continuation...
Valuation : PE = 5.32 FII dumped their money in this stock for last three years. (+15%) Excellent ROCE and ROE > 30%, Dividend Yield = 2.79 %, CAGR over last 5 years > 70% Fresh entry above Rs.800 is good to accumulate for LIFETIME.