21570 is a pivot point in nifty Even if Nifty touches the point there will be a gamma spike. Shorting nifty keeping the same in mind. This is quite a risky trade so trade carefully
Breakout with strong volume - 1. 5 mo uptrend 2. Flag breakout awaited 3. Sideways for more than 2 mo 4. Falling volume during sideways - accumulation 5. Respects 50 DMA for support
Breakout from sideways to continue previous uptrend: 1. Inverted H&S 2. Prior uptrend 3. More than average volume
NYKAA getting good volumes and breaking out of a decent base. Good to keep an eye out for, this stock has corrected a lot since IPO and could try to reach a certain level. Do consider overhead supply on these kind of scrips, a lot of retailers are caught in this since IPO.
#Vaishali (D)on the verge of breakout -CMP 198.4 -Cup & Handle pattern -Volume Spurt -Ascending MonthlyCPR
Bank Nifty Support and Resistance Levels (17/01/2024) #### Support Levels: 1. **Support Level 1:** 48,000 2. **Support Level 2:** 47,800 - If the market breaks below 48,000, it could signal potential downside movement. #### Upside Resistance Levels: 1. **Resistance Level 1:** 48,213 - Waiting for sustained movement above 48,200 could signal a potential...
On 4H TF ONE is on the support zones and it's in apex zone Wait for breakout to join bullish to 0.02 Wait for next move
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