Promotors / FII / DII - Increasing Stake PE below Industry Level ROE / ROCE higher than Industry Level Trading Above Trend Line VCP formaton Target : 715 / 790 SL : 660
Buy Bosch Ltd Closing Price - 15076 SL - 13000 (Weekly Closing Basis) Target - 22300/25000/30000
Date 03.09.2024 Wipro Timeframe : day chart Remarks : Strong/Breakout 1 If breaks out from cup & handle neckline + 50% of fibonacci + resistance band of developing symmetrical triangle, that's a good breakout. Target could be 61% of fibonacci Weak/Breakdown 1 If breaks down from 38% of fibonacci + goes below handle + moves below support band of developing...
SBI Cards - Proxy to Consumption theme. Major festivals are on the way, and this could do well. Best Buy Above - 755 or If it falls to 680. Stop Loss - 690 Disclaimer : Educational Content. Do your own research !!
QGO Finance cmp 67 by Weekly Chart view - Stock price well above EMA 14-21-50-200 - Closely similar Technical Setup repeated on Chart and yet they are unique in their own - Will we see history repeat itself for better avenues by decently traded Volumes and Price Momentum
Jio finance is a finance sector stock whose market cap is Rs 218965 crore. The fundamentals of the company are performing well and the company is generating good profit for the last 2 quarters. Now let's talk about technical analysis of the stock. Stock may be forming descending channel breakout with good volume.
BBTC daily Chart Pattern Looks Good CMP@2640 Heavy Volume Witness Today RSI Bullish RS Bullish
Chola Fin is in strong uptrend and recently has broken out from Triangle pattern. One can Buy Chola Fin around 1485 with SL 1452 for TGt 1550-1600
Sep 3, 2024 @ 10:20 am Nifty seems to be going up in an ABC wave pattern. However, the momentum is missing. In the current ABC wave, it seems to be forming the B wave downside. After the B wave is complete, the C wave would begin. However, for the C wave to show an upside momentum, it has to first cross and sustain above the 25,300 level. If the C wave...
🔍 Technical Analysis: India Cement stock has recently broken out from a multiyear resistance level with substantial volume. This bullish signal could indicate a strong uptrend. Here's a breakdown of the key technical indicators: Resistance Level: The stock has breached a significant resistance level, indicating a potential new phase of growth. Volume: The...
The USDJPY currency pair has fallen for the first time in five days after hitting a resistance level on a one-month-old chart pattern. This drop reflects a shift to safer investments as traders await important economic data and deal with the return of full trading activity after a long weekend in the US and Canada. Buyers losing ground Along with the change in...
GBPJPY reached a one-month high but then pulled back from the 200-day moving average (SMA) as traders get ready for important news this week, including PMIs and the US jobs report. The US and Canadian Labor Day holidays are allow the cross-currency pair to consolidate the previous weekly gains, especially amid the cautious mood in the market. GBPJPY buyers...
Accumulation volumes in the last few sessions. inside candle formation. lower wicks in the candles.
Gold prices are currently stable within a triangle pattern that's been forming for a week. Traders are waiting for the US Core PCE Price Index data for August, which is the Federal Reserve's preferred measure of inflation. Gold prices have been fluctuating around last week’s record high, and technical indicators like RSI and MACD suggest mixed signals. Buyers...
EURUSD pares its biggest daily loss in 11 weeks early Thursday. In doing so, it's bouncing back from a key support level and the 50-Exponential Moving Average (EMA). EURUSD bulls take a breather… This rebound suggests that the Euro might be running out of steam before important economic data is released. Among them, the first reading of Germany’s inflation...
GOLD is sideway around 2504-2490 after Wyckoff. I expect it will break out to the strong liquidity at 2485-2482 to continue the UP trend. My Plan For GOLD : BUY 2485-2482 SL 2478 TP1 2492 TP2 2498.5 TP3 2505
Gold XAUUSD trend analysis for September 3, 2024: The gold price on September 2, 2024, did not break the previous sideways range. Currently, short-term investor confidence mostly predicts a deep correction towards the 243x - 244x area, followed by a continuation of the long-term upward trend. If the 248x area is broken, this correction will be officially...
UTIAMC on verge of a nice breakout trading at all time high. If weekly candle closes strongly one can enter for a good swing trade placing stoploss at weekly candle low. Also in daily timeframe price is moving continuously higher with higher high and higher low. Keep Learning, Keep Trading. ⚠️Disclaimer: The views expressed here are merely personal opinions....