📊 Wipro’s Financial Insights 📈 In Q4, Wipro achieved remarkable milestones: Gross revenue reached ₹225.2 billion ($2.7 billion), demonstrating resilience. IT services segment revenue stood at $2,713.3 million, reflecting strategic agility. Non-GAAP constant currency IT Services segment revenue decreased slightly by 2.0% QoQ, emphasizing adaptability. As we...
Date : 7-Jun-2024 Rating : Buy - Positional Trade LTP : Rs. 283.20 Targets: (1) Rs. 323 --> (2) Rs. 380 SL : Rs. 241 on daily close basis Technical View: • NSE:BEL is in its primary uptrend and was recently going through it's secondary downtrend. • After touching the high of 323 on 3-Jun-2024, it has retraced 29% to 230 level. • On 7-Jun-2024, NSE:BEL ...
Date: 3rd July 2024 Nifty Elliot Wave Analysis - Daily Time Frame General Trend: Since March 2023, Nifty 50 has surged in a remarkable uptrend, skyrocketing from around 17,000 to an impressive 24,300—a spectacular leap of 7,300 points. So, has Nifty 50 reached its limit? Is the journey coming to an end? Here is our previous analysis, which we posted on...
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.
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...
Silver (XAGUSD) || Update | July 03, 2024 Timeframe: 4-hour Current Situation: Silver is exhibiting a falling wedge pattern on the 4-hour timeframe. This pattern often precedes a price breakout in the direction opposite the wedge's slope (upward in this case). Analysis: The falling wedge suggests potential for a bullish breakout, with a target zone ranging from...
The US central bank still needs more data before cutting interest rates to ensure the recent weak inflation figures accurately reflect underlying price pressures. Previous data showed U.S. jobs rose to 8.14 million in May. Friday (US time), which will be important in assessing whether the US labor market remains resilient amid decades of high interest rates.
What a beautiful pattern in 1hr tf by POWERGRID. Volume is building slowly! I will wait for the BO, retracement and then will take an entry. DYOR - This is not a recommendation.
Castrol is a safe stock which has shown an amazing trendline breakout. Stock provides a good dividend yield as well. If trend continues in upward direction, stock can test ATH and make new highs in medium term. Keep in watchlist. Levels mentioned on chart.
3rd July, 2024: Bank Nifty Elliott Wave Analysis The impulse that started on June 4th after the election day crash is still ongoing and progressing through waves 1, 2, 3, 4, and 5. Bank Nifty has completed waves 1, 2, and 3, and currently, we are in wave 4 (at present, we're not considering further extension scenarios of wave 3). HDFC Bank & Bank Nifty: HDFC...
We will short Gold from here, close 50% of the trade at 100 pips and hold the rest till 2320,
DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and...
Hello everyone i have brought a stock which has given breakout of falling trendline pattern and later on it has given breakout of neckline with huge volume spike. Stock name is Deepak Fertilisers and Petrochemicals Corporation Ltd. It is Incorporated in 1979, this is in the business of fertilizers, agri services, bulk chemicals, mining chemicals and real...
CUB, Cup and Handle pattern formation: Entry above 170, SL 144, Target 190-200 Disclaimer: Study only for Educational Purpose. Remember: My Money, My Risk, My Reward, My Responsibility. Please Consult SEBI registered Financial Advisor for any Financial Advice/ Decision.
Buy castrol India , Consistant volume action and Breakout in price , seems like stong uptrending movement possible.
A very positive breakout where all the moving averages converge & then expand. 1 Yr Breakout with strong sectoral tailwinds as all forging stocks doing well Strong upsurge in Volume indicates sustained price action upside from the present levels Supply and demand zones clearly marked in the chart with no extra indicators to cause any confusion.