MARICO LTD Key highlights: 💡⚡ ✅On 1 Hour Time Frame Stock Showing Breakdown of Symmetrical Triangle Pattern . ✅Strong bearish Candlestick Form on this timeframe. ✅It can give movement up to the Breakdown target of 582-. ✅Can Go short in this stock by placing a stop loss above 620+.
Expecting a downside move once it mitigates imbalance(on 5mins TF) and take resistance on yesterday's close. Will look for buying PUTS only at the given level with proper reversal.
Add this to watchlist and wait for entry.👁️🗨️ 2024-2025 For short term investment ; Leave a " Like If you agree ".👍 . Wait for small retracement & daily candle to close above - "340". Avoid Trade untill PROPER ENTRY level. . Entry: 340 target: 400- 420- 478 sl: 315 major stoploss/ support: 290 . . Enter only if market Retrace and Breaks "Yellow box" ...
Logic:-RSI positive divergence near trendline support followed by Consolidation breakout Epigral is yet another chemical stock showing reversal signs. It has got decent return ratios (ROE , ROCE above 30% ) and PE ratio of 18 at CMP. Relatively safer stock to bet as technofundamentals are strong together. Happy trading!
EPL has given Breakout from trendline in weekly time frame, you can make position in this on your own risk.
Looking at H1, we see that the price is having a recovery to the 2334 area. Looking at the recovery candles, we see that these are short-bodied candles, which proves that the price momentum is weak and will not make the price go far. Okay - Looking at the overall price correction, the price is in a Flat correction model. With this model, we continue to expect the...
Time 7:56 AM 1st July 2024 Reasons for Shorting Nifty today: 1. Wave Analysis - Shorting based on wave counting 2. Ichimoku - Given a sell signal in 15min TF 3. Broke Support Trendlines 4. Risk to Reward in great 5. MACD bearish divergence in 1hr TF Options Selling: ATM CE selling with OTM CE edge is best for this trade. (or future sell with edge) We wait for...
MOIL is showing possibility above 496; if it crosses the region of 556–567, it might yield a substantial return. I saw that it was creating a higher, higher bottom. It might touch 525, 550, 575, and so on over 496. This is solely for educational purposes. Please speak with your advisor before making any financial decisions.
July 2, 2024: AXIS Bank Market Analysis Current Market Price: 1261.90 General Trend: After the COVID crash of 2020, Axis Bank hit a high of 865 on October 21st , 2021, completing Wave 1 and entered Wave 3 after completion of wave 2 on June 16th 2022. The stock is currently in a bullish mode and it's in extension, having completed subwaves 1 and 2 of Wave 3...
IEX is poised for breakout in the Weekly Chart. Strong Momentum: Price above short, medium and long term moving averages MACD Crossover Above Signal Line Rising Net Cash Flow and Cash from Operating activity Growth in Net Profit with increasing Profit Margin (QoQ) Company with No Debt Increasing Revenue every quarter for the past 3 quarters Increasing profits...
This is forming a Pole and Flag Pattern... Keep an eye on this and take the trade accordingly
👉Voltamp Transformers Ltd. - Location: Makarpura, Vadodara, Gujarat, India - Industry: Power - Transmission/Equipment - Distribution transformers - Power transformers - Dry type transformers - Transformer repair, overhauling, conversion, and maintenance services - Transformer spares - Unitized sub-station - Induction furnace transformers - Lighting transformers -...
Banknifty has taken a minor pullback in the previous session. Structurally, it could be a B wave, so even if it takes a pullback, it could undergo a range-bound market. So We can try a breakout entry: that if the market breaks the upside at 52793, we can expect a 78% target. Conversely, if it breaks the 38% level on the downside, we can expect it to reach the...
South Indian bank technically breakout and shows good returns for last year.Now they are increasing their investment on advances like loans.
Bharat dynamics is in a strong uptrend with momentum. One can take a long right now, or above 1650. Stop-Loss will be at 1480. Targets of 1900 and beyond
BANKNIFTY Levels for Today Here are the today's BANKNIFTY Levels for intraday. Based on market movement, these levels can act as support, resistance or both. Please consider these levels only if there is movement in index and 15m candle sustains at the given levels. The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level....
Kotak Bank CMP 1769- Investors HDFC Bank has given a breakout. Next in line is Kotak Bank. the tgts are on the screen.
Kfintech has broken out of Triangle formation. Can wait for retest to initiate a TRADE For a target of 820.