Hello Trading community, mates and friends sharing today a bullish breakout on Monthly time frame for Samvardhana motherson a Great Auto ancillary company so as we can see on provided chart that share price of company breaks a rock strong 6.5 years old resistance and succeeded to gives a monthly candle close above that resistance and opned a new space for price...
I feel market is bit stretched now. Time for one corrective move. I might be wrong too but the pattern suggest that. Follow this post for regular updates. Views can be changed time to time. But for long run, it has to correct. For more details also check my past analysis about fall.
Stock has consolidated very well. A good monthly candle as well. Can expect a breakout soon.
HDFC has made bullish flat flag pattern. Which can lead to great bull run. Long consolidation pattern after merger is about to break.
Friday's Sell Off Definitely Suggests that Neither Central Banks nor China nor any other retailer is interested in buying Gold at such high valuation. Picture is getting Clearer. One May look for Selling Opportunity around the Supply Zone. Gold looks set to test 2200 Zone. Bullishness Only above 2380. Below 2380, Bears are going to be under Control. Bulls...
Technical Outlook: Ascending Triangle Hints at Upside Breakout Chart Pattern: Ascending Triangle (developing) Current Price: Below 6820 (as specified) Breakout Levels: Upside: Above 6820 Stop-Loss: 6790 (placement below the triangle) Targets1 -- 6850 Targets2 -- 6860 Targets3 -- 6890 (based on the triangle's height) News Catalyst: Increased summer demand and...
Hi All, This idea is related to Jayant Agro Organics Ltd Fundamentals: The Company is mainly engaged in manufacturing and trading of castor oil and its derivatives such as oleo chemicals. Market Cap - 962 Cr Stock P/E - 18 Book Value - 181 Promoter Holding - 67% EPS - 17.6 Debt to Equity - 0.29 ROE - 10% ROCE - 12.2% Dividend Payout - 23% Technicals: This...
Nifty Weekly Analysis For 24-06-24 to 28-06-24 23680 is the Resistance for next week. Nifty is in Overbought Zone. So be cautious in Long side. Short Level is Below 23300(aggressive) for the targets of 23080/22780/22480. Long only above 23680(Defensive approach) for 23780/23880. Verdict: Sideways / Short.
#HONDAPOWER trading above Resistance of 3419 Next Resistance is at 4448 Support is at 2390 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational...
#Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or support 15-minute candle. (S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support) (This Analysis and idea is based only on support and...
Company in news as it has procured order of Rs 20 Cr from Southern Railway. Will be a good buy above Rs 500. targets could be 558-603. if stock crosses 603,then it could zoom. Sl could be 475. tile frame could be 6months Stock added to my watchlist. This is my watchlist. please do your own due diligence before investing
#KARURVYSYA trading above Resistance of 209 Next Resistance is at 327 Support is at 136 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational...
Hi All, This idea is about ELIN ELECTRONICS (EMS Sector) Fundamentals: Market Cap - 1033 Cr Total Sales - 1042 Cr Stock P/E - 74 Healthy quick ratio - 2 Low ROCE - 5.12% Increase in promoter holding by 0.42% but still promoter holding low at 33 Technicals : Price has just broken out of consolidation since Feb 23 near to its listing with expansion in...
Steel Xchange - SG Bhago volume constriction type 3 1) Inverted HSH 2) VOlume giving bright signals 3) See if momentum able to break the support
Round Bottom Breakout Setup RSI above and rising Trading above EMA50 Volume increasing Multi year breakout Testing ATH Enter after confirmation Disc: for study, not a recommendation
India Cements This stock shows good breakout from channel pattern and ascending triangle pattern breakout