Asian Paint is trading near a good support level and crossed the 30 DEMA. At the current stage, price action is looking good to go long if it crosses above 2850 and sustains above it for 30 minutes. The risk-reward also looks favorable.
Market Cap 1,220 Cr. Free Float Mkt Cap 469 Cr. Promoter holding 61.6 % Dividend Yield 0.75 % Intrinsic Value 512 Stock P/E 14.3 Industry PE 16.8 ROCE 16 % ROCE 3yr avg 13 % ROE 17 % ROE 5Yr 11 % Debt to equity 1.04
DRREDDYS LAB Key highlights: 💡 ✅On 1Week Time Frame Stock Showing Reversal of Uptrend Channel Pattern . ✅ It can give movement upto the Reversal final target of below 4400-. ✅There have chances of breakdown of Support level too. ✅ After breakdown of Support level this stock can gives strong downside rally upto below 3806-.
Nifty will be gap up opening in today's session. After opening nifty sustain above 18280 level and then possible upside rally up to 18400 in today's session. in case nifty trades below 18250 level then the downside target can go up to the 18130 level.
Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 43050 level then possible upside rally of 400-500 points upto 43450 Level. And this rally can extend for another 400 points if it gives breakout of 43550 level. Any Major downside only expected in case banknifty starts trading below 42950 level. here reversal possible when...
1. Bullish Engulfing Bar formed at Support and Resistance Zone 2. S/R location is at round number 80.00 3. Fib Ret at 61.80 Level. 4. Trendline position is perfect.
1. Bearish Engulfing Pattern formed at S/R zone. 2. Another Confirmation is 50% Fib Retracement at S/R level that is strong zone than you think. 3. Oh...Come on EMA 150 act as Resistance. 4. Trendline got broken very well by Engulfing Candle. 5. First TP1 level price reached sell half of your stocks there. 6. Move your SL to BE for another TP2 level which you need...
Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 43050 level then possible upside rally of 400-500 points upto 43450 Level. And this rally can extend for another 400 points if it gives breakout of 43550 level. Any Major downside only expected in case banknifty starts trading below 42950 level.
NAUKRI Key highlights: 💡⚡️ ✅On 1D Time Frame Stock Showing Breakout of Inverted head and shoulder pattern. ✅ Strong Bullsih Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 4425+.
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METROPOLIS healthcare has given a breakout from falling wedge pattern. This can be accumulated between the range 1290 to 1320. Safe traders can keep the Stoploss at 1230. It will be good buying idea if sustains above the falling trendline.
METROPOLIS Key highlights: 💡⚡ 📊On 1D Time Frame Stock Showing Breakout of downtrend channel Pattern. 📊 Strong Bullish Candlestick Form on this timeframe. 📊It can give movement up to the Breakout target of above 1465+. 📊Can Go Long in this stock by placing a stop loss below 1255-.
BAJAJ FINANCE LTD Key highlights: 💡⚡ 📊On 1M Time Frame Stock Showing Reversal of Bullish pennant Pattern . 📊 It can give movement upto the Reversal target of above 7349+. 📊There have chances of breakout of Resistance level too. 📊 After breakout of Resistance level this stock can gives strong upside rally upto above 13500+.
On Daily Timeframe, NIFTY indicating breakout of downtrend broadening wedge pattern near 17820 level. After this breakout expected strong upside bullish rally upto 18930+ target in short term(1-3 months). This breakout gives good opportunity to go long in nifty with stop loss around 17550 level. This pattern will be fail if nifty starts trading below 17550 level....
1. Pinbar formed at S/R level 2. Fibonacci Retracement 61.8% confirms that S/R level. 3. Trendline is in perfect position for the pinbar which acts as trendline. 4. Stop Loss and Take Profit levels are perfectly mentioned in the chart window. 5. Once Take profit level reached, try to sell half of your stocks position there and move your stop loss to breakeven and...
Nifty will be gap up opening in today's session. After opening nifty sustain above 18100 level and then possible upside rally up to 18230 in today's session. in case nifty trades below 18050 level then the downside target can go up to the 17930 level.
Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 42550 level then possible upside rally of 400-500 points upto 42950 Level. And this rally can extend for another 400 points if it gives breakout of 43050 level. Any Major downside only expected in case banknifty starts trading below 42450 level.
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