ShreePushk : Good Breakout and retestShreepushk Has given a good consolidation breakout with volumes
It has confirmed its intend to go up by making a Bullish Engulfing candle at retest zone.
It may move up to 320 levels to complete its round bottom structure.
DISC: Not a buy or sell advice. Please consult your financial advisor before investing.
Rectangle
Bajaj Healthcare looks very BullishWeekend Pick 2: Bajaj Healthcare
Fundamentals : Average, Stable on Sales and Profits. Increasing Reserves but little higher on debt!
Technicals : Bullish Trendline after good consolidation. *Big Volume Blast* .
R 1: 550
R 2: 610
R 3: 680+
In case of fall, avg small btw 430-400 SL : 360
MFSL Simple Price Action Analysis NSE:MFSL
Company Overview
Max Financial Services Ltd. operates as a holding company. The firm engages in the provision of advisory services. It operates through the following segments: Business Investments and Life Insurance. The Business Investments segment deals with treasury investments. The Life Insurance segment offers private life insurance products and services. The company was founded by Analjit Singh on February 24, 1988, and is headquartered in Noida, India.
Technical analysis
1. Flag Breakout + Horizontal Resistance Breakout
2. Forming 2nd Swing High Which Has a Higher Probability Of Trend continuation.
3. Price is trading above 200 Ema
4. Entry Logic
5. Target forecasting.
hope you found this helpful.
Please comment your views.
Keep Learning,
Happy Trading!
Bandhan Bank: A Promising Future of PotentialHello 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 at its performance on a weekly chart, we can see that it has been trading within a descending rectangle pattern for the past three years. During this time, it has been closely following its support and resistance levels.
>>Currently, it has once again tested its resistance level. If it successfully breaks through this level with strong momentum, it could be an excellent opportunity to start a position for potential significant growth in the future.
>>The bank has been expanding aggressively, opening branches in various cities. Moreover, it's offering attractive financial solutions compared to its competitors. Notably, the promoter's holding in the bank is stable, and interestingly, Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) are actively increasing their holdings, which is a positive sign.
Do consider pressing the boost button🚀🚀, It helps me bring more interesting analysis. And if you've any question and suggestion please feel free to post in comment section.
Note: This is for informational purposes only. Do your own research before investing.
SRF Ltd : Support from Weekly TF Zone and consolidation BreakoutSRF 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 taking any trade. I am not a SEBI registered analyst.
BHARTIARTL at resistance levelBHARTIARTL 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 :)
@equity #bhartiartl
MCX Reaching for the StarsOn 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.
Axis Bank: Pole and Flag formation Near ATHStock 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 making any investment.