FSL rounding bottom breakout on #weekly chart with huge volume near #target can be 240 EDUCATIONAL IDEA
What is expected in last trading day of the year 2023: Based on weekly pivots,as WR1 21636 was taken out on Wednesday 27 DEC, the next upside move expect is 21922. As weekly camrilla 4th layer pivot WH4 21688 was taken out on expiry day with gap up ,then next move upside expected is WH5 21977. Today on expiry day got multiple resistance @ 21779. 21779 was...
HIKAL BO today with higher than average volumes and price appreciation. Buyer demands seem to be there but Earnings doesn't feel consistent. Let's see how this scrip does in the remaining part of the week.
IT Index all the way, all stocks are showing strength, some have broken out of huge bases in weekly timeframe, some are about to. HCLTECH a big player, showing these kinds of volumes and price movement is just wow... Looks like something big is brewing in IT ahead..
FSL giving a BO on weekly timeframe, huge weekly base, One can see on the chart that this stock has mutiple entry points in future as well if the momentum keeps continuing. Past 2 weeks volume has been more than average and is a good sign in the current market. Its moving with the market direction. Keep an eye out for this.
### Bank Nifty Support and Resistance Levels (12/01/2024): #### Support Levels: 1. **Support Level 1:** 47,238 2. **Support Level 2:** 47,000 - If the market breaks below 47,000, there could be additional support around 46,950. #### Upside Resistance Levels: 1. **Resistance Level 1:** 47,400 - This level might act as a resistance point, especially if...
#KEC International Ltd: Provides engineering, procurement, and construction (EPC) services for the Indian Railways. -CMP 608 -Verge of Symmetrical Triangle #breakout -Price is at the convergence of 20,50,200SMAs -Inside Monthly CPR -Volume Buildup #BREAKOUTSTOCKS #IRCON #Nifty
Polycab stellar performer among wires & cables. Polycab's guidance value is to achieve 20K Cr revenue(top-line) sales by 2026. And it appears they'll achieve ahead of timeline. Company expects volume growth to continue in the second half as well. As of 2023, 14K Cr sales. Jefferies adjusted its price target for Polycab India from INR4,835 to INR6,220 and...
#RITES -CMP 524.6 -Huge Volume buildup near breakout zone -On the verge of Ascending Triangle #Breakout -Last MontCPR is inside -Price is above all major SMAs -Suppt 500 #IRFC #TEXRAIL #IRCON #RVNL #BREAKOUTSTOCKS #Multibagger #nifty #StocksToBuy #RailwayStocks #PSU #NSE
IRCON -CMP 192.85 -Huge Volume buildup near breakout zone -Retest also done after the Ascending Triangle #Breakout -Ascending MonthlyCPR -Price is above all major SMAs -Suppt 170
My view on Jupiter Wagons Ltd -CMP 342.8 -Triangle breakout in DTF & WTF -Huge volume buildup near breakout zone -Narrow MonthlyCPR -Target 370|410|More -Support 332-323 level -Price rises from the convergence of 20& 50SMAs #BREAKOUTSTOCKS #jwl #nifty #nse #SEBI #bse #Multibagger
SULA looking really strong with BO right now, huge volumes, Sector is also heated up with UBL, United Spirits looking good. Add to the list and keep checking if the overall Market corrects and gives a good entry point.
NATIONALUM gave BO last week but looks extended for now, might wait for this to setup for an entry, huge volumes have moved this too fast it feels. May be wrong here, market last couple of weeks has been crazy. Lets see how this one goes.
DOLLAR giving a BO on daily timeframe, Just look at the volumes these last 10 days, clear indication of something going on here. Market conditions not the best for me to enter here but a good candidate to keep in watchlist to buy at the BO support level if interested. Other names in this same theme which are interesting are PAGEIND. RUPA and LUXIND are not so good...
#Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or support 15-minute candle. (S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support) (This Analysis and idea is based only on support and...
#Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or support 15-minute candle. (S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support) (This Analysis and idea is based only on support and...
VST INDUSTRIES, the oldest tobacco company earlier held by the NIZAMS of hyderabad. the stock is trading at 4000. it has risen from monthly support levels of 3400-3500 to 4060 with increased volume of more than 1 lakh. it has breached the highs and closing of Decemeber 2020 , which is 3 years earlier. now it should be bought at any declines for 5000 levels ,...
IRCON is about fly -CMP - 187 -Ascending Triangle breakout -VCP pattern - Monthly narrow CPR -Volume Spike -Monthly Resistance broken - good fundamental stock - Strong Support 170 - Target 220| 260|300|More #IRCON #NIFTY #GOLD #Crypto #Bullish #bitcoin #Crude