Patel Engineering is on upper circuit since last two days. It has made Round bottom chart pattern. It is on the verge of giving break out on weekly chart with heavy volumes. So basically technicals says that bullish momentum for this stock will be continued. Fundamentals of the company is not such good as compared to peers Book value - 49.8 Return on Capital...
• a good closing on hourly or 30min candle i may ride. • i may look higher high price candles in small time frame with volume while making entry. • higher the price sustain near 650 better the chances of a good upside • any rejection i seen on chart from upside, than i will prefer to wait keeping eye until it crosses 645 -50
WIF is making bearish divergence after a long period of time, Today is CPI data release date and market may shake a huge. It can touch 2.5 level again followed by pump upto 4.2 level.
1. Triangle Pattern Breakout: Prestige has broken out of a triangle pattern, signaling a potential uptrend. 2. Volume and RSI Momentum: The breakout is accompanied by a rise in volume and strong momentum in RSI, indicating increasing buying interest and bullish sentiment. 3. Strong Closing: The stock has closed strongly, further supporting the bullish bias and...
State Bank of India (SBI) an Indian multinational public sector bank and financial service ready for big rally. In recent quarter we saw a tremendous growth in banks financial statements and we got confirmation on chart that stock is ready for Rally. In past few weeks we do see stock form double bottom pattern on weekly basis. CMP : 820 SL : 760 T1 : 880 Note :...
We might get fresh entry in tata motors below the level of 951, 893, 789 those who missed there chances to buy tata motors can enter at these levels. advice is to not short buy on the dips and average the pricing
Nifty made Double Bottom at 1hr Chart on 13may, clear RSI divergence, made a Hammer Candle at 10:15am. Now 21300 seems a possibility. For learning and education purpose only.
Looking bullish if crosses barrier of 170. ADX DI +ve above 25
Price was moving within the range of 300 points 47600 to 47900 through out the day. So what we can expect tomorrow? Read below. Above the range if price gains strength, we can expect good move. Otherwise a broad range day again. Pattern : Support/Resistance. Range : Medium. Trend strength : Normal. Buy Above : 47940. Stop Loss : 47860. Targets : 48000, 48080,...
NASDAQ:NVDA (NVIDIA Corporation) Engages in the design and manufacture of computer graphics processors, chipsets, and related multimedia software. It operates through the following segments: Graphics Processing Unit (GPU), Tegra Processor, and All Other. Entry Price :- 922.21 Entry Trigger Price :- 920.36 CMP Stop Loss Trigger Price :- 892.78 Stop...
NIFTY50 Update (1W TF) - 6th May, 2024 - Trading inside the channel as of now - The Support Zones are marked out - A weekly candle will give us clarity on which side the Nifty may head to - This should help choosing our Swing Trades as well If you are in FOMO: - Then ensure to choose stocks that are at Weekly support levels only - Do not jump into falling knives...
-Symmetrical Triangle Pattern Formation -above upper trendline stock will give good momentum -keep in radar
Currently, gold price has increased by 21.9 USD, reaching 2,357.6 USD/ounce, recovering to the high level from last week after positive news announced last evening. The main reason is the weakening of the USD and Treasury bond yields after data on US producer prices in April were published. The USD fell 0.2%, making gold more attractive to investors using other...
Entry at 455 with a target upto 518(around 15%) with a strict stoploss at 440 Note: I am not a SEBI certified investor/trader. This is only for educational purposes.
Consolidation is an important phase of shares. It is the strengthening of the stock and business. Consolidation leads to demand in stock eventually. The informed investors start to pile up the bargained stock and demand rises gradually.
Looking Bullish if crosses previous barrier of 266-276. RSI, ADX & MACD rising. CMP 261
Buy Adani Enterprises with a target of at least 295o with positive MACD divergence and prices on ATR 3 on lower channel.
NYSE:AESI (Atlas Energy Solutions Inc) Operates as a proppant and proppant logistics company. It offers services to the oil and gas industry. Entry Price :- 23.93 Entry Trigger Price :- 23.88 CMP Stop Loss Trigger Price :- 23.18 Stop Loss Price :- 23.13