Metal sector: Nifty metals has not shown much rally but as per time cycle this sector seems to be ready to fly in next few days/weeks. My Preferred picks are: Jsw steel, Nalco, jspl.
Cyient LTD
Cup and Handle Pattern
After breakout of the Neckline, Retesting happened.
Now it's ready for the rally
Tgt 1 : 2278±
Tgt 2 : 2600±
Shared it for EDUCATIONAL PURPOSE. DO YOUR ANALYSIS FROM YOUR SIDE ALSO.
Attached: Nifty Pharma Daily Chart as of 26th June 2023
- Today Price has triggered another Breakout closing above the Green Trendline and thus activating a Fresh Up Leg for the Pharma Sector and Stocks alike
- This is the 2nd Breakout Trigger (marked by arrow) and the 1st Breakout Trigger was the activation of the Cup & Handle Pattern for which Price is yet to...
Market may move reverse towards downside, in order to remove pre-budget rally event (in retail people mind) in next two week by big boys. SO that big boys can re-enter at lower levels in last week of Jan Month.
Sl compulsory
Duration: 5 days
Previous Close: ₹631.05
Buy at: ₹633
1st Target Price: ₹638
2nd Target Price: ₹647
3rd Target Price: 657
Stop-Loss: ₹ 624
Duration: 1 - 2 weeks
Not guaranteed as the stock market is subjected to market risks. These calls are based on my own research and are meant for paper trading. Please do your own research if you are interested in investing or trading in the...
The most recent bounce is not an impulsive move so maybe it is an x wave and that means one more a-b-c down can follow and waves a and b are already done. Next week should see wave c complete into the year-end. but will it make new lows? The Nifty Elliott wave update with weekly charts and wave counts is already online on indiacharts.com, enjoy my Truth about the Markets
NSE:WELSPUNIND
Multi-Year Breakout above 5 Year Resistance of 89
Huge Gap in Weekly Charts filled after 5 years and 3rd Breakout Attempt
Short Term Tgt : 103 - 113 - 121
Time Frame : 1- 3 Months
Long Term Tgt : 160
Time Frame : 3 - 12 Months
R:R - 1:5
SL : 76
Golden Cross Over & +ve RSI Divergence
NSE:MCX Swing Trade
Current Price : 1713
This Script perfect support on its trendline
I expect it will bounce back from its support line and try to brake the triangle formation
Target : 1880+
Stop loss : 1678
This is only for education purpose.
Follow for more update.
As you can see in the chart after a strong bullish now stock is in the correction mode,
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So for tomorrow, if COFORGE go above 5524, then you can go long on this trade.
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If Stock goes below 5404, then we can short this trade.
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What's your view on this comment below in the box.
Fundamental Aspect:
First Source Solution is an IT company and has a decent market cap. The stock has been witnessing a huge volume since June. Just compare the size of red vol candles vs the green vol candles. FII's increased their shareholding in June quarter and promoter pledging is zero.
The debt to equity ratio is low. Also, the result season is around the...
