Here's an analysis of the key features: 1. Overall Pattern: The stock has formed a series of cup and handle patterns over the past year, with the most recent one just completing. 2. Recent Price Action: - The stock has broken out of the latest cup and handle pattern. - Current price is 105.62 INR, up 19.78% on the day, indicating a significant bullish...
Support and resistance are key concepts in technical analysis used to identify potential price levels where assets may reverse or stall. Support: -Definition: A support level is a price point where buying interest is strong enough to overcome selling pressure, preventing the price from falling further. - Indicators: Support levels can be identified through...
Balu forge - weekly chart stock take support at 70 % of weekly candle Volume profile showing more BUY than SALE . Lets see what will be the Q-2 results disclaimer :This is not a buy sell recommendation - only for study purpose .
Yello, Paradisers! 🌞 Is TRBUSDT about to explode, or will it fizzle out? Let’s dive in! 💎TRBUSDT has broken out of its descending channel and formed a W pattern, which typically signals a strong probability for a bullish move ahead. 💎But here's the key—if TRBUSDT breaks above the resistance zone and closes a candle above it, we can expect the bullish momentum to...
Sui Price Rallies 60%: Should Investors Lock in Gains or Hold for More? Sui price noted a strong rally gaining 60% in the last couple of weeks. The weighted sentiment curve fell towards the zero line suggesting the investors are willing to sell after short-term gains. A strong rally of over 60% seems to be cooling now as Sui (SUI) investors are willing to lock...
As we can see BANKNIFTY had been unidirectional in nature breaking new highs every other day. Now following the trendline we can see a strong supply zone around 54300 levels which had been respected in weekly time frame and hence we can expect some rejection from that levels too so plan your trades accordingly and keep watching everyone.
Date : 23-Sep-2024 LTP : Rs. 184.52 Resistance Levels: (R1) Rs. 194 --> (R2) Rs. 215 Support Levels: (S1) Rs. 163 --> (S2) Rs. 159 Technical View: • NSE:LTF is in strong primary uptrend and was recently going through it's secondary downtrend within primary uptrend. • After touching the high of 194.25 on 2-Jul-2024, it has retraced 18% to 159.50 level. • ...
Breakout from falling channel pattern. Looks good for 2230 . SL:- 1700. R:R:- 1:1
Hello Everyone, i hope you all will be doing good in your trading and your life as well. I have brought a stock which has taken support near to important support zone and has formed bullish Harami (Pregnant Lady) candlestick pattern. Nifty is highly bullish so all the stocks giving participation in the rally, BPCL just have started. Behalf of this Harami...
Welcome traders! Today, we're diving deep into Force Motors, a stock currently sitting in a significant demand zone. Let’s break down the technical and fundamental aspects that make this stock an interesting opportunity. Monthly and Weekly Demand Zones: When we look at the monthly chart , Force Motors is currently trading in a strong Rally Base Rally (RBR)...
Key Levels: Order Block (OB): ₹980 to ₹1,011 This is the zone where buyers previously stepped in and the price has reversed from it. It serves as a demand zone or a strong support area. Liquidity Zone: Below the OB, liquidity was grabbed, suggesting that weak hands might have exited, and stronger players have entered. Resistance/Target: ₹1,141.75 This is the...
Date 23.09.2024 NBCC Timeframe : Day chart Sector : Construction / Contractor 1 Market Cap = ₹ 31,815 Cr 2 Stock P/E = 57.3 3 Dividend Yield = 0.36 % 4 ROCE = 32.0 % 5 ROE = 24.8 % 6 OPM = 5.51 % * As of June 2024, NBCC's order book was over ₹70,000 crore * NBCC plans to expand their order book up to ₹1 lakh crore by the end of the year 2024 * Today's News :...
Samvrdhna Mthrsn Intl Ltd Gave a good breakout of bullish pennant chart pattern and is now testing its all time high A Good Daily Closing above 210 levels can bring further upside momentum in the stock with possible targets ~232 ~262 and ~296 Intial SL will be prev swing low i.e 199.4 Do Wait For Daily Candle Close
Adani green trading near breakout of long consolidation. If it gives breakout then we can see good upward move. Note: Only for education purpose, consult your financial advisor for any trade.
Planning to take a swing trade in gold. End of bullish market. Let’s go short retailers 😉❤️
NBCC (India) Rises After Subsidiary Secures Major Order. NBCC (India) Rises After Subsidiary Secures Major Order. Shares of NBCC (India) Ltd gained as much as 2.5%, reaching ₹178.5. The engineering and construction company announced that its subsidiary received a work order worth ₹12.61 billion ($150.95 million) for the establishment of AIIMS in Darbhanga. The...
👉 CRAFTSMAN AUTOMATION: 🔹Consolidating at breakout level 🔹Solid fundamentals 🔹Higher High Higher Low structure 🔹Looks good above trendline breakout
- A Techno - Funda pick for medium to long term with a risk (stoploss) of 7% from CMP i.e., 1766(Open offer price). - Technically a Stage 2 stock with a double bottom (more likely that this will work) - With Fed rate cuts RBI likely to cut rates as well, Affordable housing finance companies likely to benefit from rate cuts as it will decrease cost of borrowing...