Nifty was unable to break the 22519 support, the entire day we spent hovering around this support resistance level - but the sheer inability to break shows the lack of strength of the Bears. I would have maintained the bearish stance if we had at least 1 candle below this level. Currently, the next support level is at 22295 and the resistance level is at...
Levels are marked on charts. Buy at 1125 SL: 1029 target: 1400 R:R: 1:3
Based on data from December 2023, Foreign Institutional Investors (FIIs) hold 39.74%, Domestic Institutional Investors (DIIs) have 10.50%, and Mutual Funds maintain a 10.91% stake in the stock. Additionally, Promoters retain approximately 25.91% ownership. This significant interest from strong market players suggests a robust position for the stock. Although...
Same story of price moving in channel and RSI divergence continues, hope for some decisive move after elections RSI needs to break the trendline for a strong rally on upside On downside Zone of 21700-900 has provided strong support if broken with RSI slipping below 40, 20222 can be the next level
Policy Bazaar / PB Fintech at IPO base breakout with all time high volume MSCI Inclusion will give boost to this stock. One can enter above 1350 for safety for potential Targets plotted on the chart. Strict SL of - 1270 Disclaimer : Educational Content. Do your own research !!
Bullish on Inoxwind already tested 3 times at support and now ready for breakout
J Kumar Infra- FII's fav. which have topped up even prev. quarter. The company is doing well, and can be added around 750/700/650 and gradually average up on every move. Stop Loss- 600 Disclaimer :Educational Content. Do your own research !!
Rattanpower has given monthly breakout from a strong resistance zone of 16-18. Stock is very risky and operators favourite. However, volumes are at all time high and there are few rumours around it that Adani power is going to acquire the company which might be fueling this rally. If you are a high risk momentum trader , you should be interested in this...
Now we have a strong breakdown of the compression zone. The structure indicates the start of a downtrend. The price could test the levels of 30,054 (Strong Support) which is 5-to-6% from the current level. On the up side the level of 35,188 will act as a strong resistance. Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to...
Adani Gas | Pole and Flag Breakout Chart Analysis 1) Flag and Pole Breakout 2) Breakout after 6 months 3) Strong upward movement - consolidation - movement
Trendline and pattern breakout in this stock and retrace also done on trend line if breaks previous day high makes entry and maintain strict stoploss at previous day low
J Kumar Infraproject Ltd (JKIL) has formed an Asc triangle pattern on DTF. The stock could head towards 800, 820 in the coming few days. Also, good volumes can be seen on the DTF. Stop loss can be placed at the low of Friday's closing candle which is 644. Support at 715. Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes....
KNR Constructions has given a trendline breakout on the Weekly time frame. The stock can head towards 350, and 370 levels in the coming few weeks. Also, good volume can be seen on the weekly closing candle. The stop loss can be placed at the 279 level. Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must...
Emami LTD has given a trendline breakout on a weekly time frame. The stock might head towards 680, 750, and 800 levels in the next few months. Also, a volume spike is visible on the weekly closing candle. The stop loss can be placed at 588 level. Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a...
Zodiac Ventures is in to Redevelopment of Property Business Since its a Penny Stock, Its Risky however Risk Reward is 1:3. Kindly don't trade more than 1% of your Capital Let the stock cross over 18 which becomes attractive to add. Good to Add Above 18.Stop Loss 14.50
Coromandel Intl (NSE) has been on an upward trend for the past few months, with higher highs and higher lows. Recently, the price appears to have broken above a resistance level around ₹1,271.69, which could signal a continuation of the uptrend. Additionally, the trading volume on the day the chart was published was slightly above average, indicating potential...
KNR CONSTRUCTIONS (1W TF) - 21st Jan, 2024 Pattern: FALLING WEDGE BREAKOUT - Trendline Breakout - Done ✓ - Weekly Volume Spike - Done ✓ - Retest & Consolidation - In Progress #stocks #swingtrade #chartanalysis #priceaction #traderyte #KNRCON
AR is about to breakout, spot the chart pattern and feel free to follow on X. @beardobrother