Tci stock bullish from support TRG 800Tci stock has Taken good support from trend line .
Stock has high probability of Given ROI of 15-18 %
Rectangle
Kotak Mahindra Bank I have observed that Kotak Mahindra Bank is in weekly range of 1650-2000 since two years. Bank Nifty has shot-up up to 71 percent in last two years. Kotak Mahindra Bank is one of the fig four bank in major four private banks namely HDFC, ICICI, Axis and Kotak.
Still kotak mahindra bank is within the range. If, Kotak Mahindra Bank breaks range of 2000 and moves above, we will see fantastic rally in such stock.
Banknifty view for 10 Nov ExpiryNSE:BANKNIFTY is Trading in a narrow price range from date 24 nov to 4 nov.
41,500 is crucial level for banknifty. Its a strong resistance or supply zone. Banknifty is trying to break this resistance. On Nov 1 it succeed to break resistance but not able to sustain. Also this level is tested for multiple times.
On the other hand, 40850 is strong support. 2 times banknifty took support from that level and gone upside.
Banknifty is curretly neither in Up trend nor in Down trend. Its just moving in between 41500 - 40850. we can say sideways.
On longer time frame like daily or weekly we can clearly see an up trend. So if we get banknifty around 40850 and gives us a bullish confirmation we will think for Long (Bullish view) for target of 41100,41300 & 41500.
If Banknifty breaks 41500 level and sustain above that we will surely go for Long (Bullish view) for target of 41700, 41800 & 42000.
In worst case banknifty will break its support level 40850 and sustains below we can go for short(Bearish view) for target of 40600, 40500,40300.
If we think logically, most of the major banks NSE:SBIN , NSE:AXISBANK , NSE:HDFCBANK , NSE:ICICIBANK having good quarterly earning report. FII have started buying recent. So we can expect a bullish move for upcoming days. But, we are close to all time high.
Disclaimer : I am not SEBI registered analyst. Do your own analysis before taking trade. I am not responsible for your profit or loss.
Tata Motors : Range BreakoutTata motors has given a beautiful range Breakout and also retest done.
can show good imminent upside movement
capture Quick 5/10/15% movement.
BESTAGROBOX PATTERN / RECTANGLE BREAKOUT
Buy @ cmp & in dips till 1440 | WCBSL 1365 | Tgt 1850 / 1950+
In past, stock moved more than 550 points twice after the BOX / RECTANGLE BREAKOUT. Now again gave breakout of same pattern. Price Action indicates stock can move 450_550+ points from the Breakout level.
LEVEL TO SEE FOR DEVYANI INTERNATIONNSE:DEVYANI
There is box is fromed on 4 hours chart pattern
If it breaks there is chance of great movenment both side
This is foe educational purpose
EKC ready to breakout ! follow for more 🙏ekc is ready for break ou buy with cinirmation after retest of stock and ready to profits. follow for more such technical analysis
MUTHOOTFIN Consolidation from 3 months !!NSE:MUTHOOTFIN
#NSE:MUTHOOTFIN Consolidation from last 3 months, Breakout sustainability may give good momentum !!
Cummins India Cmp 1293 dated 30-10-2022 RECTANGLE BOCummins India Cmp 1293 dated 30-10-2022
1. Rectangle Pattern Bo @ 1290
2. Price Rise with Volume Rise
Buy @ Cmp for target 1350-1415 SL 1250
Disclaimer :
I am not a Sebi registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, pls trade at your own risk.
LANCER CONTAINER CMP 323 DATED 30-9-2022 Price+Volume+LANCER CONTAINER CMP 323 DATED 30-9-2022
1. Price rise with Volumes.
2. Double top BO above 330
Buy above 330 for a target 375-405 SL 300
PROS
Company is expected to give good quarter
Company has delivered good profit growth of
74.7% CAGR over last 5 years
Company has a good return on equity (ROE)
track record: 3 Years ROE 34.3%
Company's median sales growth is 41.0% of last
10 years.
CONS
Stock is trading at 13.8 times its book value
Promoter holding has decreased over last
quarter: -6.71%
Company might be capitalizing the interest cost
Disclaimer :
I am not a Sebi registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, pls trade at your own risk.
MCX LTD: BREAKOUT Mcx ltd looking bullish above 1315
multiple resistance break
can enter for 2% target
always trade with stoploss
MCX Cmp 1495 dated 25-10-2022 RECTANGLE BOMCX Cmp 1495 dated 25-10-2022
1. Bullish Katana Candle
2. Rectangle Pattern BO above 1501
2. Volume Rise
3. RSI BO
Buy above 1501 for target 1540-1610-1665-1715-1790-1850 SL 1385
Disclaimer :
I am not a Sebi registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, pls trade at your own risk.
Murudcera- Rectangle pattern (14 Years)NSE:MURUDCERA 42.15
1. Cup and Handle pattern breakout at 35.00 inside the Rectangle pattern (56 to 8 range)
2. Strong volume in last 4-5 weeks
3. upcoming levels to watch 55.00-75.00
4. Support near the 35.00 level
#TechnicalAnalysiswithMrChartist
Mighty Nifty - Expiry day analysis Oct 13Price action is trending in a downside channel. Also it has formed a range 16950 – 17120. Choppy movement is expected if price stays within the range and channel. If price sustains above 17210, it will move towards 17240, 17290 and 17320. If it stays below 17090 – 17120, then it will move towards 17060,17020 and 16980.
Note : Price moving inside a channel has created a choppy move and caution is needed to trade on expiry day.
EVEREST INDUSTRIESCUP & HANDLE BREKOUT
At Huge Volumes.
Check out Everest Industries.
Do like & Share.
Intraday Trading level for ITC ITC STOCK for Monday 03/10/2022 If stock open in the range of consolidation, then please prefer to book profit at top of the consolidation or bottom of the consolidation, you can book your 50% profit at this level and if you see volume hike at this level or momentum you can wait for next target. Please book your loss at stop loss level. Save your precious MONEY
DO YOUR OWN ANALYSIS BEFORE YOU ENTER THIS STOCK
HAPPY TRADING 😊
Breakout Day with support of High VolumesLooking forward for the Long Position after the stock manages to close above its parallel channel. Buy NSE:APCOTEXIND at the End of the day after the confirmation of close above the channel line.
COROMANDEL INTL CMP 1045 DATED 22-9-2022COROMANDEL INTL CMP 1045 DATED 22-9-2022
1. Rectangle Consolidation
2. RSI had triangle BO
Buy above 1045 for target of 1065-1095-1150 SL 1015
Pattern Target 1200 SL 990
Disclaimer :
I am not a Sebi registered Analyst so please do
your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses
amounting out of it incase if any trades on it.
It is just a view, pls trade at your own risk.
Channel breakout in Sterling & Wilson Ltd?Channel breakout in Sterling & Wilson Ltd.
Earlier stock was trading in a sideways channel, now it has given a breakout with good volume.
Price level of 310-315 should act as immediate support, in case stock is coming back for retest. For any further strong upside movement, price has to close above 326.
All possible targets are marked on the chart. Maintain strict stop loss @ 300
This is just a view, not recommendation to trade. Do your own analysis before making any investment.
Do like and share this idea and share your opinion in the comment section.
NSE:SWSOLAR
PNB Housing CMp 445 dated 19-9-2022 VOLUME SURGEPNB Housing CMp 445 dated 19-9-2022
1. Rectangle Bo @ 435 already done.
2. High Volume Surge
3. RSI BO
Buy @ CMP 455-470-490-515-560 SL 400
It is just a view, pls trade at your own risk.
#TIRUMALCHMCan be accumulated at CMP 241 with SL 235 for rectangle breakout above 256 for Target 308
