The stock has bounced back from a strong trendline support zone on the weekly chart. During the bounce back, it provided a strong short-term trendline breakout.
I am sharing my analysis of key levels for these stocks. Please note that they may not be accurate, as I am still learning.
I am sharing my analysis of key levels for these stocks. Please note that they may not be accurate, as I am still learning.
The stock is currently retesting a Cup pattern and an ascending pattern breakout on the weekly chart. The retest was confirmed with a strong bullish candle, providing a small trendline breakout.
I am sharing my analysis of key levels for these stocks. Please note that they may not be accurate, as I am still learning.
I am sharing my analysis of key levels for these stocks. Please note that they may not be accurate, as I am still learning.
I am sharing my analysis of key levels for these stocks. Please note that they may not be accurate, as I am still learning.
I am sharing my analysis of key levels for these stocks. Please note that they may not be accurate, as I am still learning.
BankNifty closed at the psychological level of 50,000 after testing the near-demand zone mentioned in the previous post. The weekly trend (50 SMA) is positive, while the daily trend is sideways. Support Levels: Near Support/Demand Zone (15m): 49,693 - 49,778 Far Small Support/Demand Zone (15m): 49,225 - 49,451 Far Support Zone (15m): 48,801 - 49,055 (tested...
I am sharing my analysis of key levels for these stocks. Please note that they may not be accurate, as I am still learning.
I am sharing my analysis of key levels for these stocks. Please note that they may not be accurate, as I am still learning.
Nifty made a new All-Time High of 23,490.40 on Friday. The weekly trend (50 SMA) remains positive, while the daily trend is sideways. Support Levels: Near Support/Demand Zone (15m): 23,334 - 23,368 Far Support/Demand Zone (15m): 23,297 - 23,329 Far Support/Demand Zone (15m): 23,232 - 23,268 Currently, there's no supply/resistance zone seen on the chart.
Analysis(08-04-2024): ------------ If price breaks below 954 then we may see a retest till 903 If Price breaks above 1005 then we may see targets of 1046-1097-1149 in few months
Please consult your financial advisor before investing.This is only for learning purpose of chart. We are NISM certified EQ and MCX trader but SEBI register not investment advisor. You can connect me on INSTA for further query at _prem_.23
The perfect multibegger stock for next 10 years as per trading setup. R to buy at every level.
As par trading setup, where all indicators are favourable and looking for weekly breakout, the final trget in this run, would be 1800 within six months.
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 purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before...
Company has reduced debt. Company is almost debt free. Company has delivered good profit growth of 77.3% CAGR over last 5 years Debtor days have improved from 61 to 44 days. Company's working capital requirements have reduced from 81 days to 59 days MicroCap 200cr market cap PE 12 EBIDT growth 3Years 75 % EPS growth 3Years 107 % EPS growth 5Years 52 % ROIC...