Hello Traders, As we all know Pharma, IT, FMCG is driving the market right now. As the sector is bullish, just keep an eye on TCS about to make Fresh Highs. Volume confirmation seen on Last 2 hours of Friday session. Once breaks above resistance plan for a swing trade with LOW RISK & HIGH REWARD. Educational Purpose Only Thank You Prince
Name - ALKEM Pattern - VCP Status - Breakout and near target Cmp - 61700 Target - 6437 SL - 5496 Fundamentals: Here are some key financial ratios for Alkem Laboratories Limited: Price-to-Earnings (PE) Ratio: 33.41 Price-to-Sales (P/S) Ratio: 5.41 Debt-to-Equity Ratio: 0.092 Return on Equity (ROE): 15.2%2 Net Profit Margin:...
AMI ORGANICS LTD . Good Company. FII And DII increase their holding FII from 8.98% to 12.93%. DII from 6.80% to14.81%. . Consolidation since the time of IPO. Near the resistance of BB. The resistance zone is 1430 to 1460 SuperTrend also positive. . SL is 28 Aug low on CB Deep SL is 1240. . This is Kartik Thakur, Signing off :)
Hello 👋 Today's stock has reversed in daily TF. Stock name is - Gujrat Gas Ltd. * Stock has made classical double bottom pattern on Monthly chart. * HH & HL in weekly TF Also good volumes. * Currently price is standing at demand & supply zone.. as I have already marked on chart. *#* closing above 620 can be heading towards previous high. It's my view,...
Name - TATACONSUMER Pattern - Cup and Handle Status - Need to close above 1247 Cmp - 1200 Target - Need to close abv 1247 SL - Fundamentals: Good Here are some key financial ratios for Tata Consumer Products Limited: Price-to-Earnings (PE) Ratio: 73.411 Debt-to-Equity Ratio: 0.092 Return on Equity (ROE): 6.5%2 Net Profit Margin:...
The Nifty Bank Index is at a critical juncture, forming a symmetrical triangle pattern on its daily chart. This pattern, characterized by converging lower highs and higher lows, indicates a period of consolidation, with a potential breakout on the horizon. Key Levels to Watch: Support: Ascending trendline from November 2022 Horizontal support around...
Monthly chart with long term view, the share price has retracement of 50%. Its at the consolidation zone in forming the 2md wave in the long term trade. Share price in daily chart shows the recent oversold with stop falling signal, could expect a rebound soon with target price at 45.00 and 50.00
CIPLA-Rising -Rising wedge Breakout Name - CIPLA Pattern - Rising wedge Status - BreakOut with good volume Cmp - 1654 Target - 1850 SL - 1600 Pattern A rising wedge pattern is a technical analysis tool that often signals a potential bearish reversal. It forms when the price of an asset is moving upward, but the trendlines converge,...
Bitcoin is still consolidating at the support zone. most probably its gonna pump back to $65,000 zone in couple of days. But in case if it is breaking the current support zone we can see the price breaking down towards the next support zone BINGX:BTCUSDT.PS
The share price has fall into oversold zone again, expecting short term rebound with target price at green zone
On the weekly chart, the stock has shown strong buildup. RSI and Volume are also rising. If the 50 levels are retained on the weekly closing, we can expect good runup to targets like 57, 65. News: A new government policy that permits sugar mills to generate ethanol from cane juice or syrup for the forthcoming Ethanol Supply Year (ESY) 2024-25 resulted in a...
Weekly chart shows buy signal for mid term target at red box zone With the weekly candle piercing the previous support and following a green candle in this week, we could expect the price will try to reach its resistance again In the horizontal zone retracement was 1, 33%, 2, 24% and the latest 30%. The first low US$54.00 will serve as the 2nd support
Bank Nifty Weekly Analysis For 02-09-24 to 06-09-24 50700-50800 is the Major Support for Next Week. Bank nifty has given breakout of Downside Trendline that is holding the Downtrend Since 04/07/24. XABCD Activated Previous Week. Change of Character(CHoCH) in 4hrs Chart. Long Confirmation is Above 51550 for the Targets of 52000/52680. Our View will be failed If...
Dr Lal Pathlabs Limited shown consolidation and correction and in charts It can be seen in sorter time frame it has given rounding bottom break out. Now after that if we see a longer time frame there is a big rounding bottom potential breakout happening it is also indicated by FII & DII holding increased by significant %
Bank Nifty Weekly Analysis For 26-08-24 to 30-08-24 50700-50800 is the Support for Next Week. XABCD Pattern got activated. If Bank Nifty Sustains above 51100, more Upside possible and targets are 51580/52000. If Bank Nifty trades below 50700, Index will go back into Range between 49700-50700. View: Upside to sideways.
📊 Script: TATA CONSULTANCY SERV LTD 📊 Sector: IT 📊 Industry: IT - Large Key highlights: 💡⚡ 📈 Right now the stock is in upward movement as per the daily charts from Aug 14 2024 with key support levels at 4460(S1) and 4390(S2) and resistance seen at 4592 being 52 week high. RSI is in overbought category will look for divergence in case of pattern reversal. Stock...
Bank nifty taking resistance at anchored vwap from recent high. Should fall from here.
"Dynemic Products Ltd." is about to change it's overall structure on monthly basis (bullish). In near time, we can see it touching it's ATH and also, making a new lifetime high. This is going to be a mid-to-long term swing trade. Wait for a strong breakout on weekly basis for entry and volume should be a vital parameter to look for during breakout. The low of the...