For quite some time price is within a channel with strong support and resistance lines. right now price seems to be taken support and rising up. 10% upside is seems to be possible in 1 to 3 months.
Price is making new HH and HL and quick moves up side is visible in chart.
📊 Bank Nifty Weekly Spot Chart Technical Analysis for 6-10 May, 2024 🎯 Weekly Movement Point: 48924 🎯 Weekly Range in Points: 1632 📉 Buy Side: Buy Above: 49351 Average At: 49159 Buy Target 1: 49932 Buy Target 2: 50556 🛑 Buyer Stoploss: 48807 📉 Sell Side: Sale Below: 48966 Sale Target 1: 47915 Sale Target 2: 47292 🛑 Seller Stoploss: 49510 🙏 Humble...
Bank of Maharastra analyasis on 05 May 24 Good public sector bank for investment trying to formation of cup and handle near to golden cross (50 ema cross 200 EMA) Keep stoploss 54 deep stoploss 43 ( on closing basis) add 50% quantity now add more on breakout after 81 (if stable above 81) target 80 - 90 - 100 - 110 - 125 - 140 Cup and handle target 150
RK forge coming out of a 9 month long base Good for positional trade
I have added my view on IDFC first bank for swing trading analysis And also added target 100rs with stoploss
In charts price is simply going up and chances of cup height to see above next line in 1 or 2 years. Price is expected to fly high levels in May as per the price move. Trend looks extremely Bullish
CMS info trying to come out of a long base Good for positional
Long Idea , Purely Based on technicals. Levels are mentioned on chart. Trade is alligned with higher time frame.
After a long consolidation, stock can give breakout from 2 bullish chart patterns. Ascending Triangle and W pattern are both considered to be bullish patterns. Closing above 2130 with good volumes can give a good upside momentum. Keeping it on Radar.
📊 Nifty Weekly Spot Chart Technical Analysis for 6-10 May, 2024 🎯 Weekly Movement Point: 22476 🎯 Weekly Range in Points: 447 📉 Buy Above: 22624 📉 Average At: 22571 🎯 Buy Target 1: 22752 🎯 Buy Target 2: 22923 🛑 Buyer Stoploss: 22475 📉 Sale Below: 22519 🎯 Sale Target 1: 22200 🎯 Sale Target 2: 22029 🛑 Seller Stoploss: 22668 Humble Request: Don't forget to...
PNG formed double top, hence short setup is more favorite right now. If BTC tumbles then we can see downside movement.
Analysis: Bombay Super Hybrid Seeds Ltd. currently has a market capitalization of 2,261 crore and a relatively high PE ratio of 107.78. Its 52-week high/low stands at 393.00/186.70, with a beta of 0.70. Chart analysis indicates weak momentum and lower volume compared to peers. The EMAs (Exponential Moving Averages) on the daily timeframe are displaying weakness....
Bank of Maharastra is currently making a Rising wedge pattern. It is also making a shooting star at the upper line of the wedge signifying selling pressure.. The price if breaks out of the rising wedge in coming weeks can drop to 55 levels where it has support.
There is no guarantee in stock market and Nothing over week STOCK TO STUDY (EDUCATIONAL PURPOSE ONLY, NOT BUY OR SELL RECOMMENDATIONS) Prestige Estates Projects Ltd Target: RS 1535 CMP: RS 1460.60 ENTRY RANGE: 1445-1475 STOP LOSS: RS 1318 Disclaimer: I am not Sebi Registered.
ONG make double top at hourly timeframe, bearish for short term. Targets and Stoploss are given. Use low leverage.
Hello Everyone. The market was in a bearish mode previous day. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for...
Hello Everyone. The market was in a bearish mode previous day. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for...