September 4, 2024 On Sep 4, 2024, Asianpaints crossed the Fib 61.8% mark. This sudden surge is attributed to the drop in crude prices, which brings down the cost of raw materials required to make paint. However, since May 2024, Asianpaints has been following the higher high – higher low pattern, which shows that the stock is gaining strength. If Asianpaints...
# we mark Support and Resistance on the charts so you can check.. Here’s a general example of the type of news you might find for Bajaj Finance: Quarterly Earnings: “Bajaj Finance reports a 15% increase in net profit for Q1 2024, driven by robust loan growth and improved asset quality.” Strategic Initiatives: “Bajaj Finance announces a strategic partnership with...
HUL is ready for big breakout Once cross 2840 can surge fast 2860 CE OI Strong move
MAZAGOA DOCK SHIPBUL LTD is currently forming a descending triangle pattern. We might see a significant move after a breakout.
Mazagon Dock Shipbuil Stock Take Support Price & Indicator Show Strength Entry On Dips @ 4600 Trader Stop Loss 4333, Investor 4100 TG 4750/6150 If SL Hit Than Exit. If you take entry then do your own analysis.
Panacea biotech is in news for developing Dengue vaccine. Technically, stock has bounced from support trendline and is looking strong to test ATH levels once again which can be around 2x from CMP. Keep in watchlist. A very risky volatile stock and is not a recommendation.
JIO FIN SERVICES has breached the short-term resistance at 337 and is currently trading above it. A long position can be considered after a retest.
The stock formed a rounding bottom on weekly chart. It gave a breakout above the Rounding Bottom Resistance line. Post break out the resistance became support. This support was retested with a follow up upside move testing the next resistance zone. The stock gave a breakout with decent volumes and with RSI moving higher. Ideal set up for long trade with target of...
Trading signals are crucial tools for traders, providing valuable insights on when to buy or sell securities. These signals, generated from technical indicators or market data, help simplify decision-making and enhance trading strategies. However, despite their advantages, it is necessary to use trading signals cautiously and have knowledge about their...
Tata Motors is approaching the support area at 1050. We should consider a long trade near the 1050 price level.
HAL has breached the resistance level and is currently holding above it, making it a good opportunity to buy during the retest.
GBPUSD is currently in a short-term uptrend. The EMA 34 is above the EMA 89, indicating that buying pressure still dominates the market. The chart shows that the EMA 34 remains above the EMA 89, but if there is a downward correction, the EMA 34 could potentially cross below the EMA 89, signaling a bearish trend. The RSI (14) is currently at 52-54, suggesting...
NSE:JMFINANCIL Analysis on a 4H Timeframe! Short Term Movement Analysis on JMFINANCIL! Double Bottom Pattern Formation in JMFINANCIL! Double Bottom Neckline breakout at JMFINANCIL! Analysis: JMFINANCIL was in the Downtrend since 29 Jan 2024. We can clearly see it has made a Double Bottom Pattern. It also given the breakout to its resistance level which...
The H3 chart of EUR/USD shows the price approaching a crucial support level around 1.10300 USD, a zone that has held firm previously and may trigger an upward move if unbroken. The 20 SMA is currently exerting downward pressure, but if the support holds, a short-term recovery is possible. The price is also trading near the lower Bollinger Band, indicating the...
The USD/JPY pair is currently trading around 146.716, with an upward trend supported by the trendline. The chart shows that the EMA 34 is supporting the price, while the EMA 89 provides a support zone around 146. The EMA 34 crossing above the EMA 89 signals a short-term uptrend. The RSI is at 68.04, indicating that USD/JPY is nearing overbought territory. This...
Powergrid Infrastructure Investment Trust Ltd is trading in an oversold region. Can accumulate for long term targets.