Castrol is a safe stock which has shown an amazing trendline breakout. Stock provides a good dividend yield as well. If trend continues in upward direction, stock can test ATH and make new highs in medium term. Keep in watchlist. Levels mentioned on chart.
This is the analysis of MAHABANK in Daily Time Frame. Watch carefully. The chart explains itself. Earning reports will be disclosed on 16 jan 2024. If result is good and price sustains above 50 then it will good for stock. Keep eye on this stock. There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have...
This is the analysis of GARFIBRES in Monthly Time Frame. Watch carefully. The chart explains itself. There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown. Always maintain your risk management. Book your profit according to your...
This is the analysis of AYMSYNTEX in Monthly Time Frame. Watch carefully. The chart explains itself. There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown. Always maintain your risk management. Book your profit according to your...
The stock price has been coming down in one month from 7800 to 6600. This time consolidating at lower levels, and support also can be seen on the charts. If bounces back from these levels, may go in an uptrend. Projected targets are indicated on the charts. If closes below 6520 for two days, may go weak according to this setup. The risk-reward ratio is good in...
Dmart is in a beautiful structure with a recent breakout of an important resistance i.e. 4100. Stock has closed strong on weekly timeframe. One can wait for some retracement to make entries. SL has to be below 3,800. Do not miss this investment oportunity.
Finolex Industries has making good chart pattern on Weekly time frame. Buy (Half qty) at 235 Buy (Full qty) at 250 SL at 200 Target 1: 280 Target 2: 305 Target 3: 350
Jio Financial has finally given the much awaited IPO breakout with a beautiful cup & handle pattern accompanied by strong volumes. With a strong business and parent company backing it up and also the fall of Paytm, this stock can be a great investment opportunity.
For the last 3 months, the stock has been trading in a range that is forming a downward parallel channel. This moment, just close to the upper side of the formation. If breaks the upper level and sustains, this could be a breakout of a parallel channel. Targets may be 3245/3440 or even more. The setup is with a good risk-reward ratio. The entry point should be...
Havells has given a fresh lifetime high breakout above all the previous resistances which have been present since 2021. The pattern looks very promising, do not miss this opportunity to invest in one of India's leading FMEG company. This is a positional trade, holding period will be around a year or more. Expect good returns as the sector, consumer products, has...
This is the analysis of JIOFIN in Daily Time Frame. Watch carefully. The chart explains itself. In DTF JIOFIN formed Cup & Handle Pattern. JIOFIN closed above the green up line of Suraranjan Trading Band indicator but facing resistance at immediate level. If it breaks and sustains above the level, good for the stock. There are some prediction levels. These Levels...
Greenpanel Industries has come out of a long term Inverted H&S pattern and is ready to start it's previous uptrend after a beautiful breakout with good volumes. One can definitely look to enter for a medium term trade with the stop at 320
Going long in Gail. Box breakout Sector is in strong uptrend Pullback to 200 MA (1H) on low volume Targets are big compared to SL Potential risk reward is close to 1:5
The weekly chart of the market has closed around an interesting resistance zone. Even RSI indicator is showing some strength but price action needs to confirm. Fibonacci Golden Ratio is also in sink with the resistance zone and on the contrary it took support on the weekly charts from the major trend Golden ratio. There is a confusion as both the indices are...
NSE:BLBLIMITED Mid Term - Low investment - 2x Reward Forcast. #BLB LIMITED Weekly chart 📊 Stock has been in a tight range for Almost a year now. 🗓️ The Resistance point is 25.50, upon breakout Long entry should be initiated. 🎯The targets will be mentioned on chart, upper channel resistance line around 51. 🤑 Stop loss Will be below Previous swing Low. @17...
AVTNPL is a good company, and its fundamentals are good. A stock from Small cap, which can show a good upmove for next few months. One understand the chart properly to take your trades. Monthly Trendline Support Double Bottom Base creation Daily Timeframe Consolidation Breakout Now watch this ratio chart of AVTNPL and NIFTY 500. Three Major points...
The stock has been going down in recent sessions. Now indicating a possible reversal by forming a double bottom and increased volumes. The most important factor in this setup is the exit, if does not go in the desired direction. One should strictly follow the predetermined risk. If goes well, then the risk-reward ratio is quite good according to the projected...
Cyient has formed double bottom pattern on weekly chart. RSI (14) > 60 Support - 900 Resistance - 1080/1200/1292