LINDE INDIA 1. Descending channel Breakout reversal strategy 2. Inv Head and Shoulder Pattern 3. Close within 52W high zone (-12.6%) 3. Close above the previous day's high 4. Close above last week high 5. Close above last month high 6. High increase in 1 month (+18.8%) 7. High increase in 6 months (+33%) 8. High increase in 12 months (+47.9%) 7....
NSE:FEDERALBNK looking good for reversal after correction. Closed just at Resistance zone. If sustains above resistance which is 190-192 can show Positive move till 195-198 in very short term. above 198-200 zone stock will head towards new life time high and 1st levels will be 215-220. very Short term support is at 187-188 and mid term support is 182. No buy...
1. Easy 64 percentage return and more. target 165. But requires patience. 2. resistance turning support. 3. one line analysis. 4. Do your research before investing.
NHPC has been moving in a Parallel Channel from January. No green candle has closed above the upper trendline. There is also a Resistance Zone between 115-119. After testing the above resistance zone the price has been continuously falling to touch the Bottom Trendline. Yesterday a green candle has been formed signalling a trend reversal. A buy can be initiated...
🚨#StrongReversal on #IREDA 🚀 CMP: 230 High: 310 ✅Wave 4 Complete on #ElliottWave, Reversal Begins at 230 🎯Targets: range between 360 and 426 📈MACD and RSI show a reversal.
Buy below/at 95 Target 3 = 107.30 with trailing stop loss Target 2 = 103.32 with trailing stop loss Target 1 = 99.19 Stop loss = 90.93 Just paper trade, This is not a financial advice.
Kabra Extrusiontechnik Ltd. is an interesting 6 month long consolidation breakout 1. RSI on all time frames above 60 2. Price Breakout with huge volume candles 3. Narrowing Bollinger Bands on both daily and weekly charts Will it sustain ? or Will it Fizzle out ? Lets See How it Evolves. Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I...
SBI Cards And Payment Services Ltd. an interesting chart with Harmonic Pattern under progress 1. Narrowing Bollinger Bands on Weekly chart and price started moving on upper band last week 2. Break out from base formation after 8-9 month's consolidation within 680 - 750 levels. 3. Daily and Weekly RSI above 60 4. Next minor resistance between 830-870...
Geojit financial has shown cup and handle breakout from trendline. We have seen similar chart in Heromotorcorp where ATH levels have been breached. We might get to see a similar story in this stock. Do check out my Hero motor corp analysis as well. If you like my analysis, please like it and follow me for more such trading ideas.
Approx. 340-355 is a strong demand zone and from there the price took a reversal. Also MACD has given a positive crossover. T1- 450, T2- 500 and T3- 568. Sl- 340 and trail as price goes up. Safe traders can book profit on hitting T1 or T2 as per your risk appetite. Risk takers can go till T3 at max. Note:- This is only for educational purpose and not a recommendation.
1. Trend: Bullish 2. Set up: Reversal from Fib levels 3. RR 1:10+ 4. Strength strong
1. Trend bullish 2. Price trading at support 3. SL wait for 2 weeks closing below the 507 levels 4. RR lucrative from 1:8 to 1:22+
Price approaching support trend line. Overall, the structure looks strong. Valid only if bounce sustains!
Jubilant Ingrevia is a multibagger stock from 2021-22 bull run which has now corrected to a fair value. The stock has given a trendline breakout as well as a breakout from a supply zone with good volumes. Also, the stock is already forming higher highs, higher low,. Keep this stock in watchlist as the next supply zone is at 500-510 levels. However, this is a very...
BASF is consolidating near a strong support. We can see a higher low, higher formation with daily RSI over 60 which indicates that a breakout might happen soon. Stock might face resistance at 2650 and 2800 levels. Kindly trade as per your own analysis since this idea is shared only for educational purpose.
1. Trend: Bullish 2. Set up: Fib level reversal 3. RR: Lucrative 4. Strength: Stron
Castrol is a safe stock which has shown an amazing trendline breakout. Stock provides a good dividend yield as well. If trend continues in upward direction, stock can test ATH and make new highs in medium term. Keep in watchlist. Levels mentioned on chart.
Hi All, This idea is about Butterfly Gandhimathi Appliances Ltd CAUTION: Please keep in mind that FY24 was not at all good for this company and this idea is purely based on technical analysis Weak Fundamentals Market Cap - 1500 Cr Stock PE - 184 ROE - 2.8% ROCE - 5% Promoter Holding - 75% D/E - 0.01 Technicals Post correction of 64%, price has reached a...