GTPL Hathway Ltd had a golden run in past few weeks.
From a LOW of 32.35 on 23rd March 2020 the stock has managed to show a very sharp recovery of almost 302 percent.
Great things about the fundamentals:
Company has reduced debt.
Stock is providing a good dividend yield of 3.06%.
Company is expected to give good quarter
Company has been maintaining a...
Hello Tradimg Enthus
In this video i have analysed the ICICI bank for upcming week
It will be very helpful for u if u want to take trade or get some position on it
If still have any query dont hesitate to ask me
- Rv The Trader
Price Action Analysis:
The present scenario in Nifty reminds me of a paradigm MOB - Make or Break situation. The previous week price bar structure was a Bearish SKR. On Monday price opened at 11057 and recored a low 10882 breaking the low of previous two weeks. But the low of Monday was protected throughout the current week and price advanced making higher low...
Totally price action based analysis...... if rejection happens at lower black line after retracement then just buy it for target mentioned in charts
volume spike happened after range and trendline breakout
A good safe stock which is fundamentally sound & catering to products whose demand would increase with the end of lockdowns and resumption of activities.
After the breakout, a small pullback is always expected which is when the stock should be accumulated. A safe 15% available for conventional investors with patience.
Technicalities are self explanatory in the chart.