NSE:NESTLEIND Ready for breakout Weekly chart Inverted Head and shoulder pattern formed Stoploss at your risk Target may be achieved in 3-4 months because it is a low volatility stock Rising volume since 3-4 weeks showing buyers interest Do as directed in the chart 📈 Do your analysis before taking any step This is not trading recommendation or...
Stock has given Multiyear breakout after a very long time. Technical chart pattern formed is: Cup & Handle Fundamentals are also improving. As it is a small cap penny stock, hence it may take years to be go up. DISC: It just a technical analysis and not a buy or sell recommendation in any form or way. Please consult your financial advisor before...
#M_M trading above Resistance of 2948 Next Resistance is at 3514 Support is at 2567 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose...
*IREDA cmp 232.19 by Daily Chart view since it is listed* - Stock hit ATH 310.00 on Monday 15-Jul-2024 - Symmetrical Triangle breakout done and sustained - 228 to 235 Resistance Zone been Tested and Retested - Volumes pretty flat need to increase by good quantity - Support at 221 > 207 > 194 with Resistance at 242 > 255 > 268 - *Price closure above Resistance...
**NLC India Ltd** monthly price chart with a **cup and handle pattern** visible. Here’s a breakdown of the analysis: ### 1. **Cup and Handle Pattern** - **Cup Formation**: The rounded bottom starting from the high in 2007 to the low in around 2011 shows a long-term downtrend that eventually bottoms out. This cup pattern reflects a long period of accumulation...
🔸China🔸presented -an opportunity in terms of cheap valuation and -a means to diversify my portfolio -a 15 year trendline support (now 16 year) Ergo, had been adding since last year and is approx 10% of my portfolio
*Ambuja Cement cmp 634 by Monthly Chart views since listed* - Add the stock to your watchlist and Keep it on radar for new ATH Milestone in the making process - *A Blast from the past to ponder upon. Is it like History going to repeat itself with the Rising Parallel Price Channel continuation ?*
PRE OPEN 26,248.25 32.20 (0.12 %) Advances - 23 Declines - 20 Unchanged - 7 TOP 5 WEIGHTAGES Symbol PREV. CLOSE IEP Chng %Chng RELIANCE 2,995.90 2,998.00 2.10 0.07 HDFCBANK...
Nureca Ltd displays a bullish stair-step pattern with multiple consolidations followed by breakouts. Each consolidation is marked by a decrease in volume, indicating reduced selling pressure, and is followed by a sharp price surge of 15-17% on increased volume. Key Points: Consolidation & Breakout: The chart highlights three distinct consolidation phases,...
Bank nifty 1 hrs time frame EWT Analysis We have a motive wave 46014 to 53308 subdivided by ((i)) ((ii)) ((iii)) ((iv)) ((v)) minute degree becomes 1 minor degree. After completion of motive wave we have corrected previous leg up to 50% (49651) becomes 2 minor degree, the price trade in regressions channel can be said as corrective waves because price...
Polycab India Ltd., and it shows a breakout from a sideways consolidation range between ₹6,146 and ₹6,905. The current price is ₹7,054.80, reflecting a strong move upward with a significant increase of +4.56%. Key Insights: Breakout Confirmation: The stock has broken out from its consolidation range between ₹6,146 and ₹6,905, showing bullish momentum. Volume...
SAH Polymers- Medicameq funda weekly boom 1) Great consolidation 2) Less competition 3) 5x possible in 1 year
🎯 Quant Pick 🎯 Clear breakout from horizontal resistance line ICICI Tata Power Company Ltd (#TATAPOWER) 🔸Initiation Range: ₹ 452 - ₹ 456 ⏳Duration: 3 Months 🟢Target ₹ 525 🔴Stop loss: ₹ 415
Buy NMDC for 3 months target of 290, antique broking also has covered the stock in report on 26 Sep 2024
Weekly Hidden Gem! (Source - ICICI) - 28 Sep 2024 L&T Finance Ltd (#LTF) 🛒CMP: ₹ 187.20 ⭐️Rating: Buy 🎯Target Price: ₹ 225 🟢Market Cap: ₹ 46,613 crore 🔸 L&T Finance has achieved 95% retailization, driven by retail segment growth and a rundown of its wholesale book, improving yields and return ratios. 🔸 Management focuses on home loans & LAP, being selective in...
Zydu LIFE currently at very good support, There is good volume around that levels. and crossed VAH. also there is a trendline. it might bounce from that level.
Dlf is making rounding bottom,if breakout happens it will give good move.
There seems buying interest in Exide industries at weekly supertrend level of 460. A good low risk long can be made here. Tentative risk reward is on chart. ------ I am not a Registered Financial analyst: 1 Learn the concept, not tip 2 Master 1-2 strategy, stick to it for consistent results 3. For weekly charts, Target/SL takes 1-9mon 5. Strict SL is on...