Weekly Hidden Gem! (Source - ICICI) - 28 Sep 2024 L&T Finance Ltd (#LTF) 🛒CMP: ₹ 187.20 ⭐️Rating: Buy 🎯Target Price: ₹ 225 🟢Market Cap: ₹ 46,613 crore 🔸 L&T Finance has achieved 95% retailization, driven by retail segment growth and a rundown of its wholesale book, improving yields and return ratios. 🔸 Management focuses on home loans & LAP, being selective in...
A double top is a bearish reversal pattern in technical analysis, indicating a potential trend change from bullish to bearish. Here’s a breakdown of the pattern: Formation: It forms after an uptrend when the price reaches a high point (the first peak), then declines to a support level (the trough), and rises again to a similar high point (the second peak) before...
A double bottom is a bullish reversal pattern that typically forms after a downtrend. It resembles the letter “W” and indicates that the stock price has hit a support level twice before moving higher. Here’s a breakdown of the pattern: First Bottom: The price falls to a new low and then rebounds. Second Bottom: After the rebound, the price falls again to...
📊 Script: VEDL Key highlights: 💡⚡ 📈 Multi Year BreakOut in Weekly chart. 📈 Price consolidated for 17 weeks before giving a BreakOut 📈 RS Line was making 52WH 📈 One can go for Swing Trade. BUY ONLY ABOVE 515 ⏱️ C.M.P 📑💰- 514 🟢 Target 🎯🏆 – 30% ⚠️ Stoploss ☠️🚫 – 14% ⚠️ Important: Always Exit the trade before any Event. ⚠️ Important: Always maintain your Risk &...
As we see in this chart of Hourly time frame price has reached Previous Supply Area and if it gets rejected we can see a price to correction and levels mention on chart. Just a view not a Reco...
The flag and pole pattern is a continuation pattern that indicates a strong trend in the market. Here’s a detailed look at how it works: Flag and Pole Pattern Pole: This is the initial sharp price movement in the direction of the trend, either upward (bullish) or downward (bearish). Flag: Following the pole, the price consolidates in a small, rectangular or...
Good chart structure After a few days of sideways move stock has given a breakout today Good volume buildup Target 365/375Stop loss 351
MARUTI SUZUKI INDIA LTD Looks Good to LONG CMP 13495 Buy around 13250-13495 SL 12600 Target 14300-14500-15000
Bank nifty 1 hrs time frame EWT Analysis We have a motive wave 46014 to 53308 subdivided by ((i)) ((ii)) ((iii)) ((iv)) ((v)) minute degree becomes 1 minor degree. After completion of motive wave we have corrected previous leg up to 50% (49651) becomes 2 minor degree, the price trade in regressions channel can be said as corrective waves because price...
🎯 Quant Pick 🎯 Clear breakout from horizontal resistance line ICICI Tata Power Company Ltd (#TATAPOWER) 🔸Initiation Range: ₹ 452 - ₹ 456 ⏳Duration: 3 Months 🟢Target ₹ 525 🔴Stop loss: ₹ 415
- Near Protocol is currently trading at 5.3$ - Near printed 52% from my previous call out and now I believe the time has come when we can see it retracing back to the Bullish Fair Value Gap drawn - The pump and the move were quite impulsive and if you didn't catch it at its base there is no point in catching it this late - If you are interested in buying Near...
Reasons to consider investment 1. Promoter group is going to subscribe to warrants that will take its shareholding up from 27% to 41% 2. Company is set to receive 5000 crores INR from a decade long legal battle with Longshen/Senda over its minority shareholding in Dystar. 3. Company is going to enter into an unrelated sector of copper rod mfg and fertilizer...
Date : 28-09-2024 ------------------------------------- Reversal from Bottom (PICK RESEARCH TO OBSERVE) CANBK Looks Good Above 113 SL 100 Target 120, 126, 132, 145++ Hold Period : Few Weeks to Months Reason for Pick : Breakout, Above 20, 50, 200 SMA Please consult your financial advisor before investing All research for educational purposes only.
Stock falls 18% from high. It making a bottom at 282.50 level. Todays volume is greater than previous 2 days volume. We can buy at current price with STOPLOSS at 280 and the target will be 345. Valid for October series only. For option entry follow me at X.
Date : 27-09-2024 ------------------------------------- Breakout (PICK RESEARCH TO OBSERVE) EIDPARRY Looks Good Above 853 SL 620 Target 908, 963, 1073, 1294++ Hold Period : Few Weeks Reason for Pick : Breakout, Above 20, 50, 200 SMA Please consult your financial advisor before investing All research for educational purposes only.
Polycab looks ripe to be getting a retest upon nearly 7,000. if it take retest in well accored of technical analysis it may be termed as "BUY" with target of 7400 in shorter term. views on this stock should be taken after viewing macro variables of Indian equity markets
24th September 2024 / 10:30 AM Why NMDC ❓ 1. Today Gap-up and Strong Green candle with Good Volume and with Higher Low. 2. In 1M, it's a retest for Accumulation on resistance it broke before. 3. Conclusion in series for Easy Understanding, ⚡ First Accumulations > Breakout > Retest > HL > Today's Breakout ⚡ Targets are in the Charts many...
"I’m updating the gold plan. I expect a short-term distribution phase, adjusted as in the chart. Currently, we are just at the UT phase (Phase B). We need to wait for gold to form a full range, which might complete by this Friday or the first half of next week. In the smaller range (red zone), I’m also expecting a distribution phase to form (currently in Phase...