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
KPITTECH has given a box breakout and is in a strong uptrend with the sector being bullish too. One can look to make entries around cmp. The breakout is on back of a false breakdown which gives the trade more confidence. Stop loss should be around 1425
GICRE has given a breakout from downtrend has retested the 200 levels yesterday. This stock is looking good as an positional bet. SL can be below 175 weekly closing basis. Targets can be minimum 300 and then above it hold for long term as an investment pick as per your risk appetite. Stock has good fundamentals available at cheap P/E ratio of 5.2 at CMP. Stock...
Rattan India has given a fantastic breakout on Weekly Timeframe. Wait for candle close and then build positions gradually as this is a positional trade. The volume spike has been the highest ever in this stock so that gives it more confidence. Wait for some retracement to get a better risk reward
Infra theme is going to be on the forefront in 2024 following the Budget in which the sector was highly talked about. GMR Infra has a very high weightage in the same and the chart looks very appealing. One can start accumulating this stock as it's at a crucial demand zone. View invalid below 75. Targets can be big
Trident has given a clean breakout of an important resistance with extremely strong volume support. Plus the sector as a whole has seen price increase in recent time which gives this trade more confirmation. One can accumulate the stock around 44 - 46 levels with a stop of 42. Targets can be good if help for medium term. One can expect retest of previous lifetime highs.
United Drilling Tools has given a box breakout with strong volumes. The sector being in a strong uptrend, one can take an entry in this stock with the stop being at 265. Targets can be exceptional if held positionally, it can very well retest it's previous lifetime high around 600
The stock has given a clean breakout on weekly timeframe with very strong volumes. The pattern looks promising. Wait for a strong closing and enter 10% quantity right away. Then wait for some retracement or consolidation to enter the rest.
This is the analysis of INDIANB in Weekly 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...
Stock gives breakout of Head and Shoulder Pattern on weekly timeframe and price is giving breakout, just wait for weekly closing to enter. Now this stock has the higher chances of moving upwards Best entry price around 190. CMP : 181 Target : 219 Target 2: 274 Stoploss : 163 This is not a buy or sell call, this analysis is shared for educational purpose.
As its trying to break the ascending channel, has been rising with a good consolidation + volume dried up. The key EMA acting as the resistance. Once its broken I'm gonna enter above 169.35. With a small Sl of 65.30. #RBLBANK After that, once it sustains above the 1st target, will keep trailing Sl. And will book 25% at the 1st target and 50% at 2nd Target. In...
Nifty 50 has formed a picture perfect doji candle on monthly timeframe. Break on either side of this candle may trigger further move in direction of the break. Mark the levels of previous month's candle on your charts and keep an eye.
I usually don't suggest penny stocks. However, I found the chart of a Nifty500 stock, Infibeam vey interesting! We have a beautiful positive RSI divergence currently in weekly time frame. If you observe the chart, a similar divergence is visible near the previous low of 7-8 after which it rallied upto 28. It can be a good positional trade between 12.5 and CMP for...
Shakti pumps had given volume breakout of cup and handle pattern in weekly time frame Stock is retesting the breakout and low volumes during retracement indicate the same. If the stock bounces from this support of 950-975, one must not miss this stock for medium to long term. Levels mentioned on chart. One of the best stock to invest in "Make in India" growth...
Petronet LNG is an investment stock with amazing dividend yield and a TTM PE ratio of around 10 at CMP of 222. The chart of stock is quite simple. The stock is consolidating since 2017 but has continuously took support from a trendline which was earlier a resistance. The stock is currently available at a strong demand zone which is the confluence of it 200 week...