Long /3051.9 Target /3100 SL / 3025.65 Do share your thoughts in the comment box & follow for more Trading involves risk /trade accordingly.
This might be a reversal Point for Exide as it has bounced from it's Previous order Block Zone and Falling Wedge Pattern Formation was Also Seen Along with Bullish Divergence in RSI.
Strong uptrend from all timeframes. As of now, no entry structure/structure is weird. So wait for good setup. Do not go for sell because no confirmation from D candle to go down.
Shyam Metallics - Short term technical trade Fundamentals MCAP- 22500 Cr PE - 20.48 = Industry PE of 20.51 PEG Ratio is 1.84 Debt to Equity is 0.06 and ICR is 9 ROE is 12%, ROCE is 10% ( 5yr ROCE is 21%) Sales growth is 5%, 5yr Sales growth is 23% Profit Growth is 74%, 5yr Profit growth is 11% Promoter holding is 75% Latest results - Excellent Technicals...
Gold has continued to rally, hitting new highs on the back of the Fed’s rate cut, which has weakened the US dollar and lowered bond yields. Gold is currently trading at $2,625.00, up slightly by 0.14%. Markets are expecting another rate cut by the Fed later this year, which continues to support gold prices. Technically, gold is currently above both the 34-EMA and...
Pre open-25921 Market stimulus flat upward Top 5 components upside Resistance - 26000 Support - 25900 Market expected to touch 26000+ extension of 50 points and reverse. 50 rupees exits is suggested on calls.
Round Bottom Breakout in ABFRL with good volume .. Keep an eye on this
Inverted Head & Shoulder continuation pattern HINDALCO + Prior uptrend + Above key EMAs + Aproaching resistance
As Yen traders return from a long weekend, the USDJPY is testing its recent dip from a five-week-old downward resistance line, influenced by a rebound in the US Dollar. It’s worth noting that the quote’s recovery in the last week benefited from positive signals from the RSI and MACD indicators, bouncing back from a nine-month horizontal support zone. Sellers...
AU Small Finance Bank Ltd. Here's a breakdown of the analysis based on the chart: Key Observations: Price Movement: The stock dropped by 14.07% (approximately 98.10 INR) in the recent decline phase, followed by a strong recovery of 13.91% (around 97.75 INR). The current price of the stock is 733.90 INR. Recovery After Correction: After a significant drop,...
Will show good growth in upcoming years Prerna Infrabuild's strong order book, diversified portfolio, experienced management, and financial discipline make it an attractive investment opportunity. With the government's focus on infrastructure development, we expect the company to benefit from increased demand.
Stock after good uptrend seems to be in a corrective mode Created Multiple supply zones in various TFs Last few minor supports left to be broken Now strong resistance at 1265-70 can be used as SL Can be sold on rise with proper RR
Weekly Chart Overview: EMA 21 and EMA 50: The stock is currently trading above the 21-week EMA (₹365) and 50-week EMA (₹332), indicating that the medium-term momentum is positive. This bullish alignment of EMAs suggests that the stock is gaining strength, and buyers are in control. EMA 200: It is currently positioned around ₹284, showing long-term support. Volume...
strong uptrend+ good earnings + recent bo from a short base
Aditya Birla Fashion & Retail Ltd (ABFRL). Below is an analysis of the chart: Key Observations: Price Movement: The stock experienced a correction of 39.75 INR (11.46%), followed by a recovery of 36.90 INR (10.63%). The current price of the stock is around 343.30 INR. Recent Recovery: After the 11.46% decline, the stock has bounced back, gaining 10.63%,...
Hello everyone, it's Alisa here. Today, let's explore how the EUR/USD currency pair is fluctuating! The EUR/USD pair has ended its upward momentum, continuing to decline today. This drop occurred after the release of PMI data, which showed that economic activity in the Eurozone is slowing down, while the U.S. data was only slightly better. On the 1-hour chart,...
Cipla Ltd. on the National Stock Exchange (NSE) with price data for a specific period. Here’s an analysis based on the chart: Key Observations: Price Trend: The stock has experienced a significant upward trend. There was a strong rally after a price drop. The chart highlights a price gain of 197 INR (12.85%) from a recent low to the current level. Price...