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.
Pullback
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.
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.
TLong
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.
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
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
Asian Paints (200 EMA Pullback Seen on Weekly Time Frame)Asian Paints has bounced from 200 EMA on a Weekly Time Frame (2788). Now at 2853. It is possible that stock could head towards 2900, 3000, 3100, and 3200 in the next few months. View invalid below 2776 level.
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.
Andra Papers - Trend reversalFundamentals,
1. Operating Profit are improving
2. Piotroski score 9
3. Net profit TTM is high in Industry
4. Stock with Low PE
Technical
1. Tweezer Bottom
2. Price action supportes by previous resistance & 200 ema
3. Price structure - Consolidation (basing), trend reversal
4. Momentum is expected
Entry : 565 (50%) , 595 ( 50%)
SL: 540
Metal Stocks Nifty Metal index which represents the metal stocks has already given a very good move and in last few months, now as we mentioned and projected it need to retest the lower levels and so that we can see pull back like that so you can plan your trading or investing accordingly ...
Disclaimer - views are just for education purpose only, make all your decisions independently..






















