ASIANPAINTASIANPAINT has given pullback and renounced from 200 DMA. Chances are there that it may change its trend. Long term investor can consider this pullback.
Pullback
ETHOSLTD ETHOSLTD can be a good bet on this pullback. Currently available at very decent risk-reward. Do your due diligence.
Nifty 50-October 2024 viewI feel it is time to be little cautious.
Post 4th June(the election results day), we have seen a good rally in market from 21300 to 26250 today which is almost 25% and that too without a significant pull back or correction.
The rally since past couple of weeks is mainly due to large caps.
There is no reason to be extremely bearish but as per fib retracement, we are near golden ratio of 61.8%.
We might see a pullback or consolidation here before next move towards 27000+ levels.
Important levels to look at is 26000 below which we should expect 25800, 25500 and 25350.
Midsmall caps might see a bigger pullback than Nifty hence follow risk management in your swing positions. Nifty metal is looking quite bullish and is sector to keep in watchlist.
Please note that I am not expecting a crash or big correction and hence please don't overreact and do panic selling.
Ready for Next LegNSE:SANOFI after Breaking out Heavily with Volumes took some Rest on the Accumulation Zone and now that 50 EMA has caught up and Took Support Today. Keep in Radar
Check out my other stock ideas below until this trade gets activated, I would love your feedback.
Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
Fake Breakdown and Now PullbackNSE:GAIL Gave a Fake Breakdown from the Parallel Channel and Took Support on 100 EMA and again faked the 100 EMA Breakdown closing below it but in the past three days it has shown reversal trying to respect the 100 EMA and getting back into the rising Channel a close above 243 will give more strength to it when it reaches the midpoint of the channel.
Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
Breaking Out, Supporting 200 EMA in Accul. ZoneNSE:HINDCOPPER is breaking out of key levels with strength respecting 200 EMA, which was accumulated between 290 and 320 Zones.
With China's Stimulus and Rate Cut ExpectationsCopper Prices have risen. Nifty Metal also Went up Today.
Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
GRSE (Reversal Indication On DTF + 4hr Time Frame)Garden Reach Shipbuilders & Engineers Ltd (GRSE) is forming reversal on DTF and 4hr time frame. The stock has given reversal from 200 EMA Level on 4hr time frame. The possible upside remains for 1950, 2100 levels. Support on the 4hr time frame is placed at 1670 levels. Also, the stock has formed bullish engulfing pattern on DTF with Good volume.
Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a financial advisor before making any investment. It is not a buy or sell recommendation.
Tube Invest of India NSE:TIINDIA is trying to break major levels after consolidation and taking 100 EMA Support with good volume today. Keep in Watchlist.
Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making any investment decisions.
TITAGARH : Fib + 200 EMA SupportThe chart shows that the price is currently near the 200 EMA, coinciding with the 0.618 Fibonacci Retracement level, which is considered a strong support zone. These two indicators are likely providing solid support. However, it's possible that the price will consolidate or remain range-bound before making an upward move, which could further strengthen this support.
ROSSARI Long Idea.............ROSSARI BIOTECH looks good from chart.
Stoploss and Targets are given in chart.
It is also a good swing trade which is taking support near 44ema.
Should Plan trade with proper risk management.
NOTE : It is just Technical chart analysis of ROSSARI. No idea about company fundamentals.
USHA MARTIN LTD..Ascending triangle breakout & retest on 200 ema..
good volumes & good bullish candles..
trade responsibly!
Tata Motors Swing IdeaStock has reacted to the daily demand zone
It also has confluence on 50 Ema
It is also bullish on 4HR timeframe
Note : this is not Financial advise or be treated or be endorsed as financial advise
Bajel Project, its reaction from 50 emaWhenever market weakness take it to 50 ema, it bounce back strongly : showing big players buying at so called "dip"
And now after budget day shakeout it gapped up showing urgency and accumulating near old BO level.
Check vols: Green > Red
Indus tower near a strong demand zoneIndus tower is in continuous downtrend and now, it is on a strong weekly demand zone.
A small pull back, at least can be expected from this level. Even for a continuation of bear trend, a lower high has to be made.
However, entry can be confirmed only when there is a small breakdown from the level and subsequent strong buying is done, i.e. a bear trap.
Radico Khaitan, Long Base BreakoutRadico Khaitan, a major alcohol manufacturer in a very long base(~200 days)
Long base = Big Breakout (check recent example Gravita India)
-Kind of Inverted Head n Shoulder too
-Good shakeout of 200 dema too
-Recovered fast from 4th june fall with good vol and price action.
EMAMILTD at Good Support NSE:EMAMILTD THis Stock Respect The Support of 2020,2023 Now 2024 We can get Upmovw with Small Stop Loss
SteelCast ready for Modi 3.0Steelcast is holding strong at the trendline and touching the 200 EMA. I'm going long! In my view, the steel sector will do well under the next government. To the moon we gooooo!
🚨 DYOR & SL Must, not sebi reg.
#NiftyBank #Nifty #btst #INTRADAY #StocksToWatch #GIFTNIFT #swingtrade
NIFTY50 Update - Index Analysis - 6th May #indicesNIFTY50 Update (1W TF) - 6th May, 2024
- Trading inside the channel as of now
- The Support Zones are marked out
- A weekly candle will give us clarity on which side the Nifty may head to
- This should help choosing our Swing Trades as well
If you are in FOMO:
- Then ensure to choose stocks that are at Weekly support levels only
- Do not jump into falling knives which are away from their support levels
* Disclaimer
EBAY | Looks high probable setup for 60%EBAY | Looks high probable setup for 60%
CMP : 51
SL : 45
Target : 80
UJJIVANSFB 50% Retracement Complete NSE:UJJIVANSFB This one is also good Retracement 50% dONE Stock Wait for the Day and Weekly Closing Guys
INDUS TOWERS - Swing Trade - 20th February #stocksINDUS TOWERS (1D TF) - Swing Trade Analysis given on 20th Feb, 2024
Pattern: RECTANGLE BOX
- Volume buildup at Resistance - Done ✓
- Resistance Breakout - In Progress
- Retest & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #INDUSTOWERS #stockmarket #sharemarket #viral #sharemarketindia #StockMarketindia
