Ascending Channel Volume Growth Base Formation Breakout ??? My hunch says YES.
Asian Paint has been in the range-bound zone for the last 3 years almost and now all the bad is said and done for this stock. As all know it is one of the greatest companies of Indian listed companies after closing above 3100 in a monthly candle, the stock is ready to rally to its all-time high in the next 6-8 months or shorter time.
Bandhan Bank is the last bank to move after the Covid rally, it is also right now around the Covid lows but as per the charts, it has formed a trendline( downward slopping trendline). As the chart says it is on the verge of the Trendline break-out Right now it has closed at 237 , with 227 SL it can first go to 272 after breaking the downward slopping...
Axis Bank is on the verge of a multi-year trendline, which is been followed by it from its inception. as you can see in the chart and can easily find that, Axis Bank is also a stock that follows Darvas box theory very well. As per Fibo retracement shows the next level (Target) for Axis as 1500 around. it can reach there in the next 1-2 quarters. or till the...
Not bearish on Tata Motors ( Btw how can be bearish on a stock that made ~11x return in 4 years that to being LargeCap ), just update on the stock that it can face resistance of the trendline around 980-1010 levels. So to all the guys and girls having TaMo in portfolio time to book profit and again when it is around the 700-600 range, you can reenter. Thanks, Bye!!
TATA MOTORS is looking weak as per its daily chart it is getting ready to go down from 1080-1100 levels to around 970-925 around Disclaimer: All content on this site is for informational purposes of a general nature only, and does not address any circumstances of any particular individual or entity
moving in a pattern, can see the desired results in 15-20 days as per chart
It is a Joint-Venture between the Oberoi Family and the Rajan Raheja Group PE : 33.7 (lower than industry PE) ROE and ROCE is better than 3 year averages. Piotroski score is indicates its healthy. Q1 25 was not good as expected , though the overall hotel bookings were good numbered as per the data, almost hospitality sector is bullish for short term I am...
SJVN and IREDA has signed an MOU with Nepal govt to set up the Hydro electric project for an estimated cost of 91Billion Rs. Technially SJVN is completed a long term consolidation at the demand zone and today's candle shows a 6% strong buying with above average volume. From all these factors, I am expecting a upward rally with 14% first target and another 13.5%...
AUDNZD BUY @ 1,08148 Sl: 1.07873 TP : 1.08793 IT has reache the FIB level 0.78 level and an Engulfing candle in 1h .
A strong build up is showing in the daily chart of Prakash Industries . The Q1 FY25 is also good. A further rally towards its ATH with a 35% target I am expecting in this chart. SL is below the weekly candle low or next and last support at 178 level. Beyond that my view will be invalid. PE is lower than Industry PE and its at an attractive level now.
Buy with sl 170 cmp 208.10 target 275+ 415 + May be given good returns. so Hold with trail sl
Piddilte may bearish...!!! Upward trend line has broken with decreasing volume..
HUDCO has been in a downtrend for some time. It has strong support around 246, 229, 205 levels. Resistance: 309 Revenue Growth of 19% in FY24 when compared with FY23.
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your...
Potential reversal zone in-between 2972.50 & 2936.75, And RSI Divergence too that means the price is taking Higher Highs but Rsi taking Lower Lows, so that technical said when market touch the zone we consider it's temporarily reversal, when candle cross and close above 2972 this pattern is failed. if candle only sweep above the mention level (2972) it's also...
now second area for test wait for PULLback then go Long