MMTC is a company which has one of the worst fundamentals among all PSUs News of company being scrapped were in market couple of months ago. Only investors with high risk appetite and disposable money should be interested in this stock. Technically, a monthly closing above 70 will be confirmation for huge breakout. Previous attempt failed but now we have only 3...
Since I've been grounded for posting frequent updates, by the Mods, My Analysis updates won't be frequent like before. Yeilding to the request of many. I'll continue to post weekly analysis. Crucial zones have been marked. Trade accordingly. See you outside these zones Happy Weekend 👍
NAVIN FLUORINE INT. is displaying promising bullish signals on the weekly chart. The following analysis highlights key technical indicators and potential future movements: Ascending Trendline - The stock is maintaining a strong ascending trendline, bouncing off this support multiple times (green arrows). Bullish Divergence - The price made a lower low in...
Fin Nifty spent the last few days moving sideways after a significant fall from 161.8% (24,000). The corrective wave has completed waves A and B, and today, the price almost touched 61.8% (minimum C wave Fibonacci level). However, the C wave often extends further in a flat correction, making it highly likely to hit 100% or more. Resistance Levels: 23,719, 23,815,...
Wave Analysis: Bank Nifty is trading in a range with a bearish bias. It has completed waves A and B and now appears to have entered wave C, suggesting we might see a sharp one-sided (wave 3 of wave C) move in the coming days. Based on wave analysis and Fibonacci extension, Bank Nifty can reach the mentioned demand zones. This view will become inactive if it...
Why Shorting Bank Nifty? Initially we expected Bank Nifty to touch 53500 but wave 5th failed by 150 points. High made 53357. Bank Nifty is entered downtrend by breaking IChimoku TS KS in 1hour and price action levels. CMP: 52641 Entry: 52600 Stop Loss: 52985 Target: 51675 Disclaimer: We are not SEBI registered. The content presented here is based on...
Granules has been moving in a sloping Parallel Channel with an ATH of 480. There is no conclusive breakout and a Trade can be initiated with a Bullish candle on DCbasis.
As you see after earning release, stock tried to give a Breakout from its channel. Tomorrow, If the stock gives a breakout. Then we can take an entry at its today's high which is @124. And possible Targets are as shown on the chart.
Silver can rise to multi-year highs after the Hunt brothers
KOLTEPATIL (KOLTE-PATIL DEVELOPMENT) About the company The company has been creating landmarks for over 3 decades and has developed and constructed over 50 projects including residential complexes, commercial complexes and IT Parks covering a saleable area of ~20 million square feet across Pune, Mumbai and Bengaluru. Kolte-Patil is a trusted name with an...
JBMA seem to be running in parallel channel. If it gives breakout above 2340 then 2480,2560,2660,2700,2800,2900 are possible targets in coming few days/weeks.
Is it the first sign of top formation in HAL. parallel channel upper edge is touched from the bottom. Monthly candle is also doji, follow through will be interesting to watch
Balaji Amines Has been consolidating for quite some time and is range bound. Both time and price correction seems done. CMP 2317 Target 3799 (64%) ⚡️Disclaimer: Any of my posts should not be considered as a Buy/Sell/Hold recommendation. This analysis is for educational and learning purpose only⚡️
Tanla Platforms Ltd. has been trading within a well-defined ascending channel for almost 10 years now. The support at the bottom of the channel and the resistance at the top of the channel have been tested many times over the years, as the chart shows. The Price has again bounced after touching the bottom of the channel last month and RSI has a strong upward...
Price is consolidating in the form of channel and the movement is in zig zag manner. Now price is at the support of the lower trend line. Pattern : Channel. Range : Medium. Trend strength : Normal. Buy Above : 52360. Stop Loss : 52260. Targets : 52440, 52520, 52600, 52720 and 52800. Sell below : 52140. Stop Loss : 52220. Targets : 52080 ,52000, 51920, 51800 and...
Plastiblends India Ltd. has shown a strong uptrend within a well-defined ascending channel since 2013. The recent price action suggests a continuation of this trend, presenting a compelling opportunity. Technical Analysis: Ascending Channel: The stock has been trading within an ascending channel for over a decade, demonstrating a consistent pattern of...
Mishtann Foods has recently broken out of a Falling Wedge pattern on Daily Timeframe, as shown in the Chart. The stock has also been moving in an Ascending Channel on Weekly timeframe and has recently taken support at the bottom of the channel and bounced from there. Support at the bottom of the Channel has been tested 3 times, as shown in the...
WELSPUNLIV Market Cap ₹ 16,935 Cr Industry: Textiles - Products Welspun Living Limited, part of the US$ 2.7 billion Welspun Group, is one of the largest home textile manufacturers in the world. Promoters 70% FIIs 7 % DIIs 6 % other 1% Public 16% My study shows on chart study with technical analysis . this made cup and handle with multi- year break-out ...