SAIL is on the verge of giving big monthly breakout from trendline. It is one of the few PSU stocks which have not shown rally in past couple of years. We can expect huge upside in this stock given the improved profitability and efficiency of the company. Definitely a must have stock in portfolio if interested to invest in metal sector. However, metal sector is...
Hi, NSE:LICHSGFIN has given a Bullish Flag Breakout on Daily charts with very good volume. MACD is also on the bullish side on daily, weekly and Monthly time frames. RSI is also on the bullish side on daily and weekly time frames. In the current market scenario, I am expecting that the bullish momentum will continue. Complete price projection like entry,...
Hi, NSE:SAIL has given a Bullish Flag Breakout on Daily charts with very good volume. MACD is also on the bullish side on daily, weekly and monthly time frames. RSI is also on the bullish side on daily and weekly time frames. In the current market scenario I am expecting that the bullish momentum will continue. Complete price projection like entry,...
We have seen in past how consolidation breakouts always give rocket moves. One such pre breakout consolidation trade is NALCO If this stock manages to sustain above 140, we will enter mad bull run in this stock. It is always safe to enter before breakout since we get an option to partially book and trail SL post breakout. Levels mentioned on chart. I hope you all...
Hello & welcome to this analysis After a super run in 2023 its now in a retracement with support at 130 and below that at 100. Resistance is at 155 and then 165 - sustaining above these levels it could see a decent upside in the medium to long term Happy Investing
Hello & welcome to this analysis The stock after seeing a 90% retracement from 2017 to 2020 and see a strong rally, recently going past its previous ATH made in 2017. It has resistance around 145 with possibility of strong upside above it and support at 100 and below that near 75. Happy investing
A Bullish Breakout of Flag and Pole pattern is visible on the Weekly chart of NSE:POWERGRID MACD already gave Positive crossover on Daily, Weekly and Monthly chart. So, expecting the momentum to continue. One can create a fresh position in the scrip as per the levels mentioned on the chart. Risk Disclaimer: The information provided in this analysis...
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...
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst. If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you. 🔍 More Analysis & Trade Setups...
An On Neck Chart Pattern Breakout happened on the weekly Time frame of NSE:RECLTD Price Action is well supported by the volume. The stock is currently in uptrend making higher highs and higher lows. One can add this stock into their stocks to buy list. Initiate the long trade only according to the levels mentioned. Stop loss will be on weekly closing...
LIC, the biggest IPO of Indian market history which was bearish since listing has finally showed the start of bullish move. We have seen great rally in government run insurance companies like GICRE and NIACL. LIC has given a breakout of inverted head and shoulders 2 weeks back. Today, it has crossed its strong supply zone near 750. We can see ATH levels in this...
watch nifty psu bank stocks in next few years. Watchlist -Bank of Baroda -Bank of India -Bank of Mah -Canara Bank -Central Bank -Indian Bank -IOB -JK Bank -Punjab & Sind -PNB -SBI -UCO Bank -Union Bank Warning:-Please note that I'm not a financial advisor, and investing in the stock market involves risks. It's important to do thorough research or consult with a...
NATIONAL ALUMINIUM bounced from 200 ema daily timeframe near breakout. 2-3 days it should breakout first small target 106.
From Nov'22 high stock was under pressure and tested the Jul'22 on 27-Mar'23. From there prices are bouncing back forming higher high and higher low on the lower degree time frame. There is also a formation of INVERSE HEAD & SHOULDER PATTERN which is a bottom reversal pattern whose neckline is 655 and currently prices are trading above this level on weekly chart...
Welcome to this analysis Stock had a dream listing and a very strong 2 years bull trend. Post that it saw a sharp retracement. Now, it appears to once again attempting another rally after making a double bottom in the weekly time frame. Range for short term 725-690 for medium term 900-650 Happy Investing
A probable Inverted Head & Shoulder Chart Pattern Breakout will happen on the weekly Time frame of NSE:METROPOLIS 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. Initiate the long trade only after successful breakout confirmation. Stop...
A bullish flag & pole Chart Pattern Breakout on the Weekly Time frame of NSE:MMTC Price Action supported by very good 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 Weekly closing...
Stock has given BO on daily chart with good volume, trading near 2years resistance area making double bottom, above this level will be good move, follow chart for proper support and resistance levels.