Paras defence is a stock from defence manufacturing sector. Stock has formed inverted head and shoulders pattern. Risky traders can enter before breakout for better risk reward. Stock will fly once the neckline is crossed. Decent stock for long term as defence sector is major beneficiary of India's Make in India program.
We have seen a massive bull run in most of Realty stocks like DLF, Oberoi, Godrejprop, etc. However, suntech has been consolidating in an inverted head and shoulders pattern for last few years. This is mainly due to poor sales numbers shown by the stock in past. 530-550 is a strong supply zone for the stock. Once we see a monthly closing above this, we can see...
Breakout candidate and trading in tight range and fundamentally capcity has been added which can see boost of earnings
The provided chart displays the price action for Gold Spot (XAU/USD) on 1 hour time frame, dated June 14, 2024. Here’s a detailed analysis based on the chart: ### **Chart Analysis** 1. **Trend Line and Breakout:** - The price initially follows an upward trend indicated by the dashed trend line. - There is a breakout above this trend line, indicating a...
The provided chart displays the price action for the Australian Dollar / Canadian Dollar (AUD/CAD) on the 4-hour timeframe from the FXCM platform, dated June 14, 2024. Here’s a detailed analysis based on the chart: **Chart Analysis** 1. **Trend and Price Structure:** - The chart shows a general uptrend characterized by a series of Higher Highs (HH) and...
The pattern is based om Monthly TimeFrame so it is meant only for long term Investors Made a high on Jan 08 of 131 and then went under a major contraction of 10 Years when it again made a high of 147 in Oct 17. That was the formation of first contraction. Similarly it went for another contraction of 4 yrs & then eventually of 3 years. It can give a big upside...
CIPLA Now is the right time to invest in cipla Cipla is ready to break out the resistance trend line Volumes are also good my first target@1540 Second target@1660 Stop loss@1317 Disclaimer: I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial...
Looks good for short term & long term too. Short Term target-850 (25%+) Long term-If price sustained above 900 on weekly basis then It may blast. My final target is 1200 (75%+) . Only my view. . I am not a SEBI Registered. This analysis is purely for educational purposes only. . If you gain some learning from this chart, then please like this post for more reach...
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 IT giant once again being ready for big move
Hi everyone! Today, I'd like to highlight another top altcoin: AVAX. It has found strong support at the anchored VWAP and is currently retesting a previous high area. Recently, $AVALANCHE surged to retest the previous support level from 2021, around the $65 zone, which acted as resistance. Now, it's finding support from previous highs. The VWAP is a highly...
An analyst, Cryptochimpanz, optimistically tweets on the X platform that as long as the ONDO Finance price stays and holds above the $1.050 level on the daily chart, the price could witness 2x gains toward the $2.0 Mark. On analyzing the ONDO daily chart with reference to the Cryptochimpanz optimistic tweet, the price trades above 50-day EMA. It has been following...
gold ready for fire gold trade both side trend line brack then retest and fire
US oil US oil remains in a bearish trend below $77.40, with the 1-hour timeframe showing a swing that created a lower low, reinforcing the downward momentum. Immediate support is identified at $74, with a weaker support level around $75. Turning points support to watch are $75.50 and $74.10, while resistances are at $76.50 and $77.40. A change of character to...
3 Years Flag Consolidation and 1Monthly breakout. 200% expected to new trend.
Date- 15 March 2024 Time - 10 Am Points to be Noted- 1. As we can see, Avanti Feeds breakout from its long-term triangle formation with Inverted Head & Shoulder Chart Pattern with strong Volume Green Candle. 2. As supporting indicator MACD is showing Seller Exhaustion with decent bullish movement so far. 3. I know we are little late but one more...
Impact that you see in smallmidcap indices 1. SmallCap 100 index has been travelling 1 way route since Feb '23. ~92%. 2. SmallCap 100 index reached 161.8% fib level. 3. SEBI has expressed worry over the substantial 92% increase in small-cap fund inflows during the first 10 months of this fiscal year, compared to the entire previous fiscal year. This surge has...