Hello fellow traders, I hope you're all doing well. As you may have noticed, the market has recently become more volatile and uncertain. In light of this, I'd like to share an analysis of a potential future growth stock with you.
>>Bandhan Bank has been experiencing a correction in its stock price since it first got listed in the market. Now, if we take a look...
SRF Ltd. has shown a clear Support by reversing from Weekly TF zone.
After this breakout it has consolidated for 3 weeks and gave a clear breakout backed by volume.
It may move upto now from current levels to TL rejection level or may move to ATH.
SL can be placed below consolidation zone on closing basis.
DISC: Please consult your financial advisor before...
VIP INDS CMP 663 dated 27-9-2023
1. Rectangle Consolidation
2. RSI reversal
3. Reversed from support
Buy above 668 target 685-705-725-740-760-775-810
It is just a view, please trade at your own risk.
BHARTIARTL has been trying to break the level of 920.65 multiple times since last few sessions but unable to break the level
Go long if 922.50 level breaks .
First Target - 935.00
Second Target - 948.00
SL would be around 915.00 level
Happy Trading. Cheers :)
Entire sugar industry rising. I like fundamentals of E.I.D Parry. Also like Dwarkesh. technically bullish. I guess inflation in sugar prices & ethanol volumes leading to stock price inflation expecting better results. Parry, Balrampur, Dwarikesh, Triveni all looking good.
Rise in crude oil, less than expected monsoon all factored in shortage. Exports has been...
On the Monthly chart, it's walking the upper BB line.
PR has become PS, as indicated by the yellow line.
Great chances of crossing the ATH levels(Rs.2135).
Disclaimer: This analysis is strictly for educational purposes. Please take your own informed decisions before investing your hard earned money.
Stock is forming pole and flag price action pattern near ATH or you can also see it as consolidation before making a big move crossing all previous resistances.
Stock can move upto 1045 as per Pole and Flag targets.
Other targets can also be derived from Extension based FIBO.
DISC: For educational purposes only. Please consult your financial advisor before...
This FMCG giant is consolidating in the range of 2428-2723 from a long time. It is near the support levels. If there is a close below 2428, there can be a new downside in this counter. But if it sustains 2428 on closing basis then we may see 2723 again