Hi All, THis idea is about RKEC Projects Ltd Fundamentals Mkt Cap - 308 Cr Stock PE - 15 ROE - 12.5% ROCE - 15.5% Mkt Cap/Sale < 1 D/E - 0.83 Quick Ratio - 1.09 RKEC Projects Ltd is in the business of Civil and Defence Construction Technical Analysis As the chart depicts, the price went for a double bottom formation and give a contraction of more than 70%...
This is the monthly chart of NSE:GLENMARK and you can clearly see a breakout in July followed by a retest and now a continuation of the move. The counter looks strong and one can look to buy on dips for a favourable risk to reward ratio as the stock has moved up a lot with a stop loss of 680 on monthly closing basis for targets of 1000-1200 in the coming...
Date : 12-Jun-2024 Rating : Buy - Positional Trade LTP : Rs. 492.05 Targets: (1) Rs. 559 --> (2) Rs. 660 SL : Rs. 442 on daily close basis Technical View: • NSE:PFC is in its primary uptrend and was recently going through it's secondary downtrend. • After touching the high of 559 on 3-Jun-2024, it has retraced 29% to 395.20 level. • On 12-Jun-2024, ...
Hello everyone as some of our fellow traders having issue with chart as written analysis posted under it was old & they wanted to see chart pattern so here's the new chart & CDSL analysis(new) will be posted here from now onwards. (i)price is strong & formed a pattern on day time frame which says price can move up further but there are few zones marked as we need...
#ADSL trading above Resistance of 192 Next Resistance is at 271 Support is at 153 Here is previous chart: 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 only. This...
IREDA has completed C&P pattern and as per that it has target of 250. Most likely if this week it closes above 185 then it is a positive sign. The target depends a lot on Election Result euphroia, in case of stable govt formation PSU stocks are likely to show rally. * It is not a trade advise but technical analysis shared based on my understanding of patterns...
Date : 10th May 2024 Time : 10:10 AM Tata Consumer P has been under my watch from last week of April. --> Major things that caught my attention was this Head & Sholder Chart Pattern and right underneath it, there is a Bullish Continues Divergence with MACD. that's why I was little suspicious about this stock and its H&S Pattern. ---> Another thing is...
METRO BRANDS (1D TF) - Swing Trade Analysis given on 18th June, 2024 Pattern: RECTANGLE BOX BREAKOUT - Resistance Breakout - Done ✓ - Volume Buildup at Resistance - Done ✓ - Demand Zone Retest & Consolidation - In Progress * Disclaimer
Hindustan construction company ltd is infrastructure company( hydro, thermal and nuclear infra). On chart it has a 12 year breakout. It has a potential to double from here. Any Dip should be bought till 39. Not a Buy/sell recommendation
BBOX is a data centre theme stock. on chart it made a high of 384. Volume in the last week is very high. Every dip till 290 should be consider as buying oppurtunity. It can easily move to 560. Not a buy/ sell Recommendation
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.
This is the auto stock you should be betting on. A beautiful cup with handle pattern with long term targets. This is only for educational Purposes. YOU ARE RESPONSIBLE FOR YOUR OWN MONEY.
PFC in a Higher High, Higher Low structure, bounced from the marked the trendline/channel once again. Structure is bulish, so can be tracked from here. Kindly follow and like to show some love to give me inspiration to post more trading ideas here.
BTCUSD Perfect will made "M" Pattern if sustain below 61320 level Possible Downside target 58500-55555-52500 stoploss 65000 Note:- Trade active only for Given level "61320" Don't before Enter
Description: Nestle demonstrates a potential trend reversal with a bullish engulfing pattern, supported by the 200 SMA and positive MACD. This confluence of signals suggests a shift towards bullish sentiment. It's essential to remember that this analysis is for educational purposes and not a recommendation to trade. Consult with a financial advisor before making...
SYMBOL - PFC CMP - 510 PFC saw huge sell off on 4th June & now It is recovering & price is testing the liquidity area which is now a resistance. I'm seeing a trading opportunity on sell side in PFC. Shorting PFC Futures at CMP 510 I will be adding more if 535 - 540 comes & will hold with SL of 562 Targets I'm expecting are 418 - 402 & 388 Disclaimer -...
IT Sector in Focus Amazing Charts Super Breakout.. This stock is poised to go above 5000 soon... lets see
Gold is currently trading around $1,900 per ounce, approximately $100 higher than its opening level in the second quarter of 2024, having reached a new all-time high in mid-May. The global interest rate environment has seen anticipated rate cuts fail to materialize, particularly in the United States, as inflation persists above the forecasts of various central...