HG Infra is a techno-fundamental pick shared from infra sector. Stock is available at a PE of around 10 and ROE, ROCE>25%. Sales growth in 5 years is above 27% which is phenomenal Technical Logic: -Stock is retesting previous breakout. Currently, small rejection is seen from demand zone. If a good candle closes above 890, stock can start upward journey with...
GRAPHITE (1W TF) Swing Trade Analysis given on 16th December, 2023 (Saturday) Pattern: SYMMETRICAL TRIANGLE - Breakout of Resistance & Trendline - Done ✓ - Retracement & Consolidation - In Progress #stocks #swingtrade #chartanalysis #priceaction #traderyte #graphite
Rain Industries has emerged as an intriguing prospect, presenting a compelling case for a potential upswing. Reasons are listed below : Rain Industries has established a sturdy support base at the 145 level, providing a solid foundation for potential upward movement. The weekly timeframe reveals a bullish engulfing candle, signaling a potential shift in...
JK Lakshmi Cement , a key player in the cement industry, is currently exhibiting compelling signals that shouldn't be overlooked. In conclusion, stock's technical landscape is painting a promising picture for prospective investors. Reasons are listed below : The stock has undergone multiple tests at the critical 890 levels, showcasing resilience and now...
Jubilant food has been underperforming since few years. Stock has formed strong positive RSI divergence at confluence of supports. Above 500, reversal will start and above 600 , reversal will be confirmed. Valuation wise, not a good stock but RSI divergence stock are known to give quick, big moves. All positional traders shouldn't miss this stock
NLCINDIA (1D TF) Swing Trade Analysis given on 3rd December, 2023 (Sunday) Pattern: RECTANGLE BOX BREAKOUT - Volume Buildup Near Resistance - Done ✓ - Trendline Breakout - Done ✓ - Retracement + Consolidation - In Progress #stocks #swingtrade #chartanalysis #priceaction #traderyte #nlcindia
Buy abv 123, if candle close abv in weekly, Target - 140, 160
PNCInfra is looking ready for a good monthly breakout. Levels mentioned on chart. Decent fundamental stocks, can be held for long term considering infra story of India
In SBI CARDS, 650-700 is a huge demand zone in weekly timeframe. This is the level of value buying for big institutions. SBI CARDS will change it's weekly structure above 800 which can be considered as a safe entry point for conservative investors. For aggressive buying, we need to look for structure change in a shorter timeframe, may be hourly. Targets for mid to...
Gravita is looking strong to retest ATH levels soon. Stock had given breakdown from trendline support which was a bear trap. Stock formed double bottom near support and today gave a huge volume move. If broader markets support, this stock can make new ATH!!
There is a one more stock Which was showing a great opportunity and forming Bullish Wedge, stock is in resistance zone and ready to blast let's see breakout sustain or not. what is your view please comment it down. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of...
A bullish flag & pole Chart Pattern Breakout completed on the Daily Time frame of NSE:VSTTILLERS Price Action nees to be supported by volume. The stock is currently in uptrend making higher highs and higher lows. One can add this stock into their stocks to buy list and initiate the long trade as per the levels mentioned on the chart Stop loss will be on a...
SPARC is a loss making company, hence this is purely a technical pick. Stock has given beautiful trendline breakout and is in consolidation since breakout. Above 400, stock can fly to ATH. Risky traders can enter at CMP for better risk reward.
NSE:LAURUSLABS had fallen down much in the past. A few weeks back it had engulfed the Down-trend Line, which is a signal for an Up-Trend to start. A curious U-shaped recovery can be observed in this chart. Overall we have a Trap Zone and the price is consolidating over it, hence my expectation is it should Go Up. A Long Term Target of 449.05 is quite possible....
Yes Bank stock presents a compelling opportunity for a swing trade, supported by strong technical indicators: Reasons are listed below : Multiple tests at the 21 levels culminated in a decisive breakout. A significant marubozu candle on the weekly timeframe signals bullish momentum. The breakout was accompanied by a notable increase in trading volumes. ...
150-300 Point move on monday in midcap nifty. enter breakout of previous day high, or break down of previous day low. tgt for upside till 10950 tgt for downside til 10750
After facing rejection four times at the @2080 price level over a span of 1302 days, there's a compelling possibility of a breakout. Each rejection indicates a significant resistance point, but the frequency of attempts suggests growing pressure for a potential breakout.
#NiftyIT Sector Analysis (1W TF) Pattern: TRENDLINE BREAKOUT - Breakout of Resistance - Done ✓ - Major Resistance Breakout - Done ✓ - Retracement & Consolidation - In Progress #stocks #swingtrade #chartanalysis #priceaction #traderyte #india #indiagdp #StockMarketindia