Stock has breakout from neckline of inverse h&s pattern with good volume and RSI strength. Possible target is 115. Risk @ 93 levels.
Pattern in Nasdaq is similar to that of S&P , so once fed and fomc news is supporting we can see 18300 or above in nasdaq this week
here is some technical analysis of my watch list. RPG life is must buy from the list. #REC #NIFTYENERGY
as we can see BANKNIFTY has finally achieved its new ATH surpassing NIFTY in terms of market strength but has formed an alarming structure. it can be seen in more like rising wedge pattern and it got rejected recently by the trendline resistance hence as long as BANKNIFTY manages to sustain itself above 49000 mark being a psychological level, every dip is a buying...
TD Power system gave a rectangle breakout with very good volume. RSI also had breakout. Good fundamental company. Capital goods, transformers, oil, gas stocks are good
Today S&P seen holding on to its support area....In case Feb Decision and FOMC news favours equity then I think we can see 5220 this week.
EXIDEIND 1) Time Frame - Monthly. 2) ALL TIME HIGH breakout in monthly. 3) Primary trend will act as a resistance / profit booking zone in the long term at (Price 393). 4) Recommendation - Strong buy
I have updated my view on irctc wait for breakout and enter Stop loss must and should add to your watchlist
as per price action we can plan a sell trade in gold for ny session with better risk/reward ...... first tp will be 2297 if 15 min candle close blow it then you can hold untill london low 2284
JUST DIAL LTD 1) Time Frame - Monthly. 2) The Stock has been in a Consolidation since (June, 2021) & in a downtrend since (August, 2014). Now It has given a Consolidation and Downtrend breakout & Closed above it's (June, 2021) High with good bullish momentum candle & with good volume in Monthly Time Frame. 3) The next resistance would be it's Life Time High...
Just dial has given a Monthly close above 2015 Breakdown point with rising volumes, hinting towards a trend change alert. It has made a 9 year rounding bottom in process of doing so. Also, it has given 10 years old falling trendline breakout
Stock PE - 34 Debt to equity -0.01% ROCE 22% Highest Ever NP/OP/Sales FII Increased its share % in March 24
Gabriel India Ltd. is an interesting chart with following 1. Price Rise with huge volume 2. RSI on all time frames above 60 (DWM) 3. Better Risk Reward with 20 SMA (daily and Weekly) Support near 358- 365 zone 4. immediate resistance 450-466 zone Lets See How it evolves Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting...
Consolidation in BNF might continue for another month before the big move. Watch for the channel breakout either way
#BandhanBk cash -Positional call 01.05.2024 Looks good above 190.10 Stoploss 180 Tgt 199-200/210 Risk free above 210 for 230/260/300 Cmp 188.30
Cup & handle Breakout. Karur Vysya Bank is engaged in providing a wide range of banking and financial services including commercial banking and treasury operations.
1 BAT Pattern under formation on weekly chart 2. RSI on daily fallen below 40 Pattern fails if price sustains above 4000 on weekly closing basis or closes above 4250 Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert...
as per price action of1 hr chart we can plan buying trade from this two levels of an order block ..... can be support for buyers in next week.......it's a fair idea for plan a best trade with market trend.