Stock was trading in a sideways range & then broke out. Now some retracement happening, which provides an opportunity to go Long. Planning to time the Trade as per the Daily RBR Demand Zone.
In this video, we'll discuss about Today's Market Movement and Tomorrow's Analysis in Nifty, Banknifty and other segments too.
Whether you're a seasoned trader or just starting in the stock market, this analysis will help you in Learning about Market. Let's get right into it!
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In this video, we'll discuss about Today's Market Analysis in Nifty and other segments too. Also will Discuss about Option Chain.
Whether you're a seasoned trader or just starting in the stock market, this video will help you in Learning about Market. Let's get right into it!
✅I hope you liked the video. Be sure to hit that LIKE and Follow button and drop a...
Banknifty/Nifty analysis for 10th Jan 2024 for educational purpose only
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of...
In this video, we'll discuss about Today's Market Movement and Tomorrow's Analysis in Nifty, Banknifty and other segments too.
Whether you're a seasoned trader or just starting in the stock market, this analysis will help you in Learning about Market. Let's get right into it!
✅I hope you liked the analysis. Be sure to hit that LIKE.
👍Like | 💬Comment |...
Hello & welcome to this analysis
The stock since its listing has been a rank outperformer and is currently trading at its Fibonacci trend extension of 1.27 of its 1st leg of uptrend.
It has short term support at 3400, below that at 2900-2550
Medium term resistance comes in at 5100
Appears to be a good stock to accumulate on dips with a decent risk reward ratio...
Sigachi break out identified on 03-Jan-24.
The break out is Flag & Pole , while company has solid fundamentals
PE - 45
ROCE- 19.6%
ROE - 17.6%
MCAP - 1950 CR
Debt - 72 CR
