Looking good for Long Retest is done near 600 level & Retesting Fib Levels 0.5 & 0.382 levels.
Took Support on 50DMA Relative Strength +ve Trade with tight stop, volatile market
As we see APOLLO HOSPITAL gave rectangle and trendline breakout. We can go long by keeping our sl below 4434.Targets are mentioned in the chart itself.
NSE:PALASHSECU Palash is holding well in this kind of market and seems ready to start an upmove.
IRCTC Cmp 814 DATED 23.2.2022 1. Closed above trendline. 2. RSI reversal. Buy for a tgt of 840-875 SL 790 It is just a view, pls trade at your own risk.
Rectangle pattern formation around 50 ema shows some accumulation. Pattern has a quite good consolidation for 3 months. Also with 50 EMA sloping flat to positive will help in price to move higher. A recent re-test of 50EMA inside rectangle pattern shows strength. DISC: chart posted for learning purpose only.
Strong Fundamental with sales and profits growth. a) P/E 4.81 b) P/B 0.96 c) ROE 38.50 % d) ROCE 8.34% e) Dividend Yield 13.61% i.e., Rs 10 per share f) Operating Income has grown well for the company over past 3 years CAGR 38.02% Technical The price was consolidating inside Darvas Box past 6month and given a Resistance breakout Entry will be at retest...
All levels are reasons are marked out in chart. DISC: Only for educational purposes.
2390 will act as support All time high as first target relative strength +ve against market
Escort in consolidation mode for more than 3 months. Has a potential for both, breakout and breakdown. Option seller can also benefit till the time it gives a clear direction.
Relative strength positive Took Support on 50DMA Relative Strength +ve
Triple bottom, 200DMA support, breakout on 21EMA and 50 DMA , small consolidation base
NSE:CNXMETAL Price spread analysis of metals index: 1)very wide spread bearish candle, but no downside follow through 2) weak upmove, range of candles on upside very low, took 4 weeks time to reach 5900 level, where it took just 1 week to fall 3) again a very wide spread bearish candle, limited downside implications 4) ease of movement still on downside, yet...
Above all key moving averages, relative strong against market Good above 900
JSW Energy Breakout after 3 months Consolidation Good Volumes Entry above 325.50 Target:-355/380/ 400+ SL:- 300 Contact your financial advisor before taking any investment decision.
JSW ENERGY Cmp 325.05 1. Rectangle BO @ 325 Buy for a tgt of 340-355-370-380 SL 305 It is just a view, pls trade at your own risk.
INDUSIND Cmp 972 dated 10.2.2022 1. Rectangle consolidation BO 980 Buy for a tgt of 1050-1125 SL 930 It is just a view, pls trade at your own risk.