✅ 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...
A sectoral analysis after quite long time. I had previously covered Nifty Pharma & Nifty Energy which have outperformed Nifty. However, Nifty IT has largely underperformed in the last 2 years as compared to broader indices mostly because of recession in western countries. The sector is in consolidation since last 3 years and all the investors of large cap IT...
Its aN inverted head & shoulder breakout. Breakout is happened after a long consolidation with huge volume.
Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade SL - SL is (-3%) Which is mentioned in Chart . our SL is...
sell active on gold , which is a strong SUPPLY ZONE and market also in Correction phase.
Date : 7-Jun-2024 Rating : Buy - Positional Trade LTP : Rs. 1,430.95 Targets: (1) Rs. 1,662 --> (2) Rs. 1,891 --> (3) Rs. 2,261 SL : Rs. 1,293 on daily close basis Technical View: • NSE:BDL is in its primary uptrend and was recently going through it's secondary downtrend. • After touching the high of 1,662.95 on 3-Jun-2024, it has retraced 22% to...
Hi All, This idea is about Allied Digital Services Ltd Mkt Cap - 1204 Cr Stock PE - 26 Mcap/Sales - 1.75 As per mgmt concal transcript, revenue guidance of 1000Cr in FY25/26 Assuming NPM at 8%, this could take the mktcap to 2200Cr easily which wud appreciate the stock price towards levels of 400 Technically also its a healthy breakout with expanding Moving...
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
BSOFT and other IT stocks are reversing for a new high. Made this chart yesterday when price was near 600. Expecting target of 800-900 in coming months. Some mid term targets are marked on the trendlines. NOTE: I'm not a SEBI REG. Study before investing.
Eurusd has given a strong breakout after reversing from lows, can expect it to reach 1.09000 in 3-4 trading days
stock trading below 100ema and near support level 700 a strong support zone and if breaches then 691-640 levels can be seen if takes 691-700 support then a big upmove. for intraday on 30mins timeframe a head & shoulder pattern may form.
MMTC is a company which has one of the worst fundamentals among all PSUs News of company being scrapped were in market couple of months ago. Only investors with high risk appetite and disposable money should be interested in this stock. Technically, a monthly closing above 70 will be confirmation for huge breakout. Previous attempt failed but now we have only 3...
IREDA looks good all time breakout after 5 months consolidation. company is doing future oriented business. IREDA has recorded Loan Sanctions at Rs. 9136 Crore and Loan Disbursements at Rs. 5,320 Crore during 1st Quarter ended June 30, 2024, a significant growth of 382.62% and 67.61 % respectively over corresponding quarter of FY 2023-24. Loan Book stands at Rs....
Broken long downward trendline on May 29 with volumes. However 300 is still posing resistance. Stock tried to break it again 30th May but failed.. If daily close above 300 we can surely see a run ..
Bullish flag chart pattern has formed in HDFC Bank and also we have seen the breakout yesterday. During the flag formation, we have observe the volume is going down, indicating that the bullish trend will continue. Breakout of bullish with volume indicate a good sign and also RSI is above 60 so the momentum is also available. Levels are mentioned on chart, For...
Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (28-06-2024) Current price- 2337 "if Price stay below 2350, then next target is 2325 and 2300 and above that 2356. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of...
Today, the stock attempted to break out during early hours but was rejected. Yesterday, the stock found support exactly at the support trend line. I am expecting something significant to happen this week. We are almost there.
RAMKRISHNA FORGINS (1W TF) - Swing Trade Analysis given on 21st April, 2024 Pattern: AT WEEKLY RESISTANCE BREAKOUT LEVELS - Volume Buildup at Resistance - Done ✓ - Weekly Resistance Breakout - In Progress - Demand Zone Retest & Consolidation - In Progress * Disclaimer