JPPOWER -Risky bet - The Jaiprakash Power Ventures Ltd. (JP Power) weekly chart shows significant bullish momentum after a prolonged period of accumulation. Here’s an analysis based on the chart you provided: ### 1. **Cup and Handle Formation** - **Cup Formation (2017-2023)**: The chart clearly shows a large **cup pattern**, which is a bullish continuation...
The chart of **Bajaj Electricals (BAJEL)**, as shown in the uploaded image, displays a well-defined technical pattern. ### Key Observations: 1. **Uptrend Channel**: The price action is contained within an ascending channel, marked by parallel yellow trendlines. This signifies an ongoing uptrend, with the stock making higher highs and higher lows. 2....
I've cloned the previous correction pattern (AB) and aligned it with the current top (C), which I am considering as the top of this bull run. Interestingly, the cloned correction aligns perfectly with key demand zones (highlighted as green boxes) and a trendline that has now converted from resistance to support. Keep an eye on this. Could be an exciting time for...
with It Expect to post good set of number has made good base near 5900 -6000 zone on weekly closing . If number out beats street estimates and holds support of 5900-6000 zone probability of stock moving to wards 100000 club are high up to next quarterly result .
Near to rising trendline support area weekly chart for next 2 weeks defend closing below 50000 levels can see sharp up move back towards 54000-56000 levels in next 2 month .keep on radar if consolidates in tight range on day chart for next 3 days enter long with support 50000 weekly closing bases .view fails if weekly start closing below 50000 levels .
WPIL market cap- 4140 CR Promoter -holding -70.79 % FII - 5.81 % DII- 2.62 % Public - 20.78% operating profit found reduced from March 24 to June 24 , but the same pattern repeated for last two financial years - may be it is nature of their business ROE -46.2% , ROCE -20.4%. Business : Industrial water supply projects , pumps and pumping systems Order...
Technical: • After reaching a fresh high of near 5,000, the stock has reversed from that level, indicating a potential change in character, a term often used in technical analysis to denote a shift in trend or momentum. • The RSI (Relative Strength Index) has dropped below 50, signaling a potential weakness in momentum and a bearish outlook in the near...
**Tijaria Polypipes Ltd's financial condition**: 1. **Share Price**: On October 3, 2024, Tijaria Polypipes' share was trading at ₹10.87 (NSE) and ₹10.99 (BSE). Over the last 52 weeks, the stock has ranged between ₹5.35 and ₹28.95, indicating considerable volatility. 2. **Market Cap and Promoter Holding**: The company's market capitalization is approximately...
Given the current geopolitical scenario, BANKNIFTY may face downward pressure. We can expect that if tensions persist, BANKNIFTY could potentially fall to its next psychological level of 51,000 . Investors are advised to remain cautious and consider defensive sectors like pharmaceuticals and FMCG during this period of uncertainty so plan your trades accordingly.
False breakdown of symmetrical triangle pattern could test again $100 in days ahead triggering stop losses and thus heading higher from current levels
Shreyas Shipping- RIR 100x 3 Quarters BIg HH LL 1) Super Sexy pattern 2) Good fundamentals 3) About to break ...100x expected
Bearish wolfwave pattern activation target 11500 sl 14500 R:R 1:2
Again saying there’s no need to panic. Have patience—the market is strong and I’m confident we’ll see it hit 27200 within the next 2-3 months. Stay focused and trust the process.
This is a crude oil chart on 15 mins TF, Crude Oil Futures respecting the Zones plotted by AI Quant-X indicator. These Zones are plotted using Complex AI Calculation & Data Processed by Machine Learning.
Bank Nifty has a higher chance of consolidating, if it consolidates it can reach 52000 followed by 52300. The 52500 will be a crucial resistance. If it declines it can get around 51500 levels.
Symbol - NIFTY50 CMP 25305 If you are a long term investor, one thing that will help you to decide when to invest - Nifty monthly RSI. As and when RSI moved above 80, markets uniformly correctly (around 20% usually) & as and when RSI came below 40 level, markets uniformly rallied. Now RSI is at 82 Fundamentals are also showing that overall market is modestly...
Imaging the sentiment on the sell off lol. Price is currently kissing the 200 EMA and a line I had set at $60,297. Maybe we get to see the light down the road.
RENAISSANCEGLOBAL has turned bullish. Good volume buildup is seen in monthly chart. Resistance levels: 132, 145, 163 Support levels; 120, 110, 94