Stock Analysis On the weekly time frame, Nuvoco Vistas has consistently faced resistance around the 398 level, rejecting this point three times. This repeated rejection indicates a strong resistance zone. However, a breakout above this level could signal a significant bullish trend, potentially offering good returns for investors. Key Points: Resistance Level:...
old buyers regain control, as the 14-day Relative Strength Index (RSI) remains comfortably above the 50 level, having eased off from near the overbought territory. The optimism prevails so long as they defend the one-and-a-half-month-old symmetrical triangle target now support at $2,560. That said, the immediate resistance is seen at the record high of $2,590,...
Current Market Price (CMP): ₹3,059.90 Target: ₹5,500+ Entry Range: ₹2,800 – ₹3,000 Stop Loss: Below ₹2,650 Moving Averages: 21-Day EMA: ₹3,048.80 200-Day EMA: ₹3,016.70 Support Levels: Immediate support at ₹2,830.81 Secondary support at ₹2,766.06 Strong support at ₹2,479.35 Technical Indicators: EMA Setup: IndiaMART is holding well above both its 21-day and...
A descending triangle is forming. The Stock is heading towards 118. We can see the stock is continuously respecting the line. Hence the possible buy is when: 1. Stock closes with a big green candle supported by volumes 2. Stock is at it's floor level i.e. 102 Disclaimer: This is not a buy advice, Looking into the pattern the chances are that the stock will show...
Bandhan Bank is giving reversal sign on chart, Dow theory change making Equal low to Higher Low. There is huge volume in reversal move. It may test 260 to 290 soon.
Graphite has recovered nicely from the important support level of 500. It is just trading below the next resistance of 545. Key resistances on the upside are 575, 625, and 673 levels. Key Points to observe: Net profit has considerably increased from Rs. 16 Cr. in Mar 2024 to Rs. 236 Cr. in Jun 2024 Net cash flow has also increased to Rs. 14 Cr in Mar 2024 When...
CENTURYPLY has shown a strong bullish breakout from a cup and handle pattern, which suggests a potential continuation of the uptrend. The increase in volume during the breakout supports this bullish sentiment. Key Observations Cup and Handle Formation: The chart appears to be forming a "Cup and Handle" pattern, which can often signal a bullish continuation after...
GBP/USD is currently trading around 1.32206 after reaching a short-term peak at 1.32653. The main support level is at 1.31958, and if this level is not maintained, the price may correct to lower levels around 1.32232. The EMA 34 (1.31474) and EMA 89 (1.31174) still indicate a short-term uptrend, but selling pressure is also starting to form. Economic news from...
CENTURYPLY has shown a strong bullish breakout from a cup and handle pattern, which suggests a potential continuation of the uptrend. The increase in volume during the breakout supports this bullish sentiment. Key Observations Cup and Handle Formation: The chart appears to be forming a "Cup and Handle" pattern, which can often signal a bullish continuation...
NIFTY Levels for Today Here are the today's NIFTY Levels for intraday. Based on market movement, these levels can act as support, resistance or both. Please consider these levels only if there is movement in index and 15m candle sustains at the given levels. The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level. Similarly,...
BANKNIFTY Levels for Today Here are the today's BANKNIFTY Levels for intraday. Based on market movement, these levels can act as support, resistance or both. Please consider these levels only if there is movement in index and 15m candle sustains at the given levels. The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level....
HERO MOTOCO - Cup Pattern HERO MOTOCO has successfully broken out of a cup a pattern, suggesting a potential uptrend. The increasing volume and RSI above 70 confirm the bullish sentiment. Disclaimer: This analysis is based on historical data and technical indicators. It does not constitute financial advice. Always consult with a financial advisor before...
Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade SL - SL is (-3%) Which is mentioned in Chart . our SL is...
Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade SL - SL is (-3%) Which is mentioned in Chart . our SL is...
During Tuesday's Asian session, USD/JPY is hovering near the 140.50 level, with key support at 139.570. If the price holds above this level, it could see a recovery towards the resistance at 141.007. EMA 34 and EMA 89 indicators are reinforcing the bearish pressure, positioned at 141.592 and 143.189, respectively. If USD/JPY breaks above the resistance at...
Gold (XAUUSD) is currently trading around 2,577 USD, facing strong resistance at 2,588 USD. If it fails to break through this level, the price may correct down to the support zone at 2,530 USD. The 34 EMA and 89 EMA, located at 2,551 USD and 2,524 USD respectively, are providing support for the bullish trend. If the price holds above support, gold may continue...
Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade SL - SL is (-3%) Which is mentioned in Chart . our SL is...
stocks formed triangle pattern and gave breakout. volume breakout also observed.