With metals continuing to melt upwards.. Hindalco with its upcoming IPO of Novelis could have some huge rerating triggers.. Long above 662 with a stoploss below 643. The stock would breakout into a new high on the backing of firm metal prices.. The Novelis story is the company is owned by Hindalco and is looking to IPO on the US markets at a valuation of $18B....
Technical Outlook The index has found strong support from lower levels, and in the previous session, it closed with gains primarily driven by IT stocks. The current R1 is placed at 22600, while S1 is positioned at 22250. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Astral break out of a 8+ months long consolidation zone on 23 Feb '24 with good volume. After that it formed a VCP and breakout on 10 May '24 with above average volume. Bullish view on the stock. It will be ideal to enter @2125-2155 levels with stoploss below 2000.
Formation of descending triangle having ichimoku cloud as range shift is extremely useful for traders. If breaks neckline along with 200 ema then serious drop else if breaks out ichimoku cloud and descending channel then great for long. Do not assume and enter until unless either side of mentioned criteria fulfills
#welspunliv stock at swing trade position and chance to keep on eye. Welspun India Limited's stock is currently in a consolidation phase, presenting a favorable opportunity for swing traders. The positive momentum indicated by the RSI, along with the strengthening Relative Strength, suggests a potential uptrend in the stock price. As always, investors should...
Don't Miss this Mother & son (Motherson) in your portfolio. Looks good in Parabolic Elliptical Breakout Pattern. Tgts expected Tgt 1 : 199± Tgt 2 : 232±
These two patterns indicate a new strong trend is about to begin. Keep this stock in watchlist. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Ponke Crypto Lifts Off Over 35% In Intraday: Can It Reach $0.50? At the time of writing, Ponke crypto was exchanging hands at $0.436 reporting an intraday rise of 35.2%. The PONKE crypto has delivered a massive 1006% return in the last three months. The Ponke crypto lifted off over 35% in Intraday and is approaching a psychological level of $0.5 level. The...
RVNL Nice Parabolic uptrend pattern. Tgts expected Tgt 1 : 345± Tgt 2 : 490± Tgt 3 : 612± Hold tight. Enjoy the Rally. Shared it for educational purpose based on chart pattern and My STUDY in Parabolic trend.
Safari Industries (India) Ltd: Inverted H&S Pattern Breakout soon stock 29% to 40% upside potential. Levels mentioned on chart. Plan your trade accordingly. Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk. Happy Trading(:)
ITC Looks good in Parabolic uptrend pattern. Tgts expected Tgt 1 : 500± (Short term) Tgt 2 : 518± Tgt 3 : 595± Tgt 4 : 650± (Longterm) Tgt 5 : 725± Tgt 6 : 765± Shared it for educational purpose based on chart pattern and My STUDY on Parabolic Trend.
📈 Bank Nifty Spot Technical Chart Analysis 📆 Intraday Technical Analysis for 21 May, 2024 📊 Range Trigger Point: 48116 📉 Day Range: 430 📈 Buy Above: 48024 💼 Average At: 47974 🎯 Buy Target 1: 48381 🎯 Buy Target 2: 48546 🛑 Buyer Stoploss: 47881 💰 Sale Below: 47923 💼 Average At: 47974 💼 Sale Target 1: 47850 💼 Sale Target 2: 47686 🛑 Seller Stoploss: 48066 ✨ Don't...
FOR LEARNING PURPOSE G R INFRAPROJECTS LTD - The current price of G R INFRAPROJECTS LTD is 1538.05 rupees I am going to buy this stock because of the reasons as follows- 1. Its coming out from a good consolidation base 2. The breakout candle is good with good volume 3. Its making a 2Y high by going sideways for some good time. 4. It is showing...
Five-Star Business Finance Ltd: Inverted H&S Pattern Breakout soon stock 31% upside potential. Levels mentioned on chart. Plan your trade accordingly. Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk. "Trade what you see, Not what You Think" Happy Trading(:)
📈 Nifty Spot Technical Chart Analysis 📆 Intraday Technical Analysis for 21/05/2024: 📊 Range Trigger Point: 22466 📉 Day Range: 157 📈 Buy Above: 22442 💼 Average At: 22424 🎯 Buy Target 1: 22563 🎯 Buy Target 2: 22623 🛑 Buyer Stoploss: 22390 💰 Sale Below: 22405 💼 Average At: 22424 💼 Sale Target 1: 22369 💼 Sale Target 2: 22310 🛑 Seller Stoploss: 22458 ✨ Don't forget...
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