Keep an eye on this stock as consolidating and can enter above breakout of recent levels of 629-630
Exide stock has a trendline breakout. RSI near 60. MACD is positive crossover and stochastic is also positive crossover and Elliott Wave done ABC correction. I have only shared my study. There is no recommendation. If you buy or sell only after consulting your financial advisor.
As we can see BANKNIFTY resisted exactly from our given trendline and closed below our trendline in weekly timeframe. We had a negative bias all the way through and waited for candle to close and we did see a negative pinbar candlestick confirming the downtrend. Now following the trend we can expect BANKNIFTY to fall more till it takes support around the next...
The 24,500 level will be pivotal, with heavy OI on both calls and puts suggesting a potential tug-of-war between bulls and bears. • Strong #resistance is evident at 24,700 and 24,800, which may limit upward movement. • On the downside, 24,300 serves as a crucial #support level, with 24,000 providing a secondary safety net. #Finnifty #Index #Expiry #Intraday
Swing Trading Setup for SAIL 1. Support and Resistance Zones: Support Zone: ₹127 - ₹132 (highlighted in the Gray box in the image). Resistance Levels: ₹144 (nearest resistance where the price is reacting now). ₹155 (next major resistance level). ₹176 (long-term resistance). 2. Current Price Action: The price is currently trading near the ₹141 level, facing...
OI Data • Resistance from 53,300 to 53,500 is expected to limit any sharp upward movement unless there is a breakout with significant volume. • On the downside, 52,500 is the level to watch, as it represents stronger support with substantial OI buildup. While 52,800 is a minor support level.
OI Data • Resistance from 53,300 to 53,500 is expected to limit any sharp upward movement unless there is a breakout with significant volume. • On the downside, 52,500 is the level to watch, as it represents stronger support with substantial OI buildup. While 52,800 is a minor support level.
DrReddy was holding well today and I think it has recovered good from bottom. I think stock is now ready to make new high of 7000, 7200 then 7500 by Nov end. Keep SL below the horizontal line marked.
The chart is self-explanatory. BOSCHLTD STOCK has shown a gradual upward movement, trading above the 50, 150, and 200 moving averages. After the breakout, the resistant has become a strong support, Considering these factors, it is possible for the upward movement to continue.
Godrej Agrovet has given a breakout of its 2018 price and has not retesting the same. It has created a flag pattern and a breakout of same can give a massive 65% return. Other factors: 1. 2018 price breakout and retesting - strong set-up 2. Flag pattern on DTF 3. Largest palm oil plantation in India with 75000 hectares and by 2027 to increase to 100k hectares 4....
The chart is self-explanatory. SHIRAMFIN STOCK has shown a gradual upward movement since June, trading above the 50, 150, and 200 moving averages with a steady increase. After the breakout, this stock has formed higher highs. Considering these factors, it is possible for the upward movement to continue.
Market Cap ₹ 2,51,844 Cr. Current Price ₹ 1,030 High / Low ₹ 1,033 / 723 Stock P/E 36.2 Book Value ₹ 318 Dividend Yield 0.71 % ROCE 13.3 % ROE 11.8 % Face Value ₹ 1.00
Market Cap ₹ 2,51,844 Cr. Current Price ₹ 1,030 High / Low ₹ 1,033 / 723 Stock P/E 36.2 Book Value ₹ 318 Dividend Yield 0.71 % ROCE 13.3 % ROE 11.8 % Face Value ₹ 1.00
Nifty Bank has been corrected for about 800+ points today. It has retraced about 38.2% of the third wave. Mostly the index should continue to start its bullish trend at this level. Plan your trades accordingly. For educational and paper trading purposes only.
Tata elexi price moving in tight range. Can give triangular pattern breakout Market Cap ₹ 48,330 Cr. Current Price ₹ 7,724 High / Low ₹ 9,200 / 6,407 Stock P/E 61.4 Book Value ₹ 402 Dividend Yield 0.91 % ROCE 42.7 % ROE 34.5 % Face Value ₹ 10.0
IREDA Trendline breakout done Retest Done Bullish view Market Cap ₹ 2,07,437 Cr. Current Price ₹ 159 High / Low ₹ 229 / 65.8 Stock P/E 32.2 Book Value ₹ 38.8 Dividend Yield 0.95 % ROCE 5.73 % ROE 13.7 % Face Value ₹ 10.0
The ABCD pattern is a popular intraday chart pattern used in technical analysis to predict potential price movements. Here’s a breakdown of the pattern: A: The stock experiences a morning rally to a new high. B: This is followed by a midday pullback and consolidation. C: The stock forms a higher low and begins to grind up, breaking through the morning high. D:...
📈 Stock Name - Saregama India Limited 🌐 Ichimoku Cloud Setup: 1️⃣ Today's close is above the Conversion Line. 2️⃣ Future Kumo is Turning Bullish. 3️⃣ Chikou span is slanting upwards. All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 632. 🚨Disclaimer: This is not a Buy or Sell...