RSI Breakout is done and it is sideways for consolidation & setting up base. 📈 This week one big green candle is expected for breakout in main chart 📊 Target 1 - 430 Target 2 - 570
Hi Folks, Vinati organics has been in price as well as time correction since September 2022. Almost, corrected for 2 years and maintained a falling wedge, cooling off RSI on weekly and Monthly timeframes while correcting for almost 700 points. Fundamentals Stocks in chemical/speciality chemicals sector are mostly sitting on operational capex with stable...
The setup is low risk high reward. A nice base formation refusing to fall 5 times. Stage 2 Stock New India Assurance Company Ltd is India's largest non-life insurance company. It is promoted by the Government of India (GoI) holding ~86% stake Presently, the company operates through a network of 2,200+ offices across 29 states and 7 UTs in India Presently, the...
Approaching the buying zone RSI breakout on the cards IF reversal does effect then looking for a GOOD large upside :)
GREENPLY | Channel breakout ahead for 75% rally CMP : 163 SL : 140 Target : 280 1:5+ risk reward setup
Hello Friends, Here we had shared possible Elliott wave counts on chart of TPL Plastech ltd. which is showing currently we are in impulse wave, we have completed wave (1) and wave (2) of some degree, & now possibly we are unfolding wave (3), in which we had completed wave 1 and 2 and possibly now we are unfolding wave 3 and again in which we had completed wave...
Fundamentally there is nothing encouraging here however, purely on technical basis, this stock seems to be ready for a big move. RSI breakout is an early indication, and the relative strength of the stock seems to be in a very sweet spot. A triple bottom is adding confidence to this Low-Risk High Reward setup.
Key Points: - Breakout from very Long period consolidation zone - RSI > 70 and Crossed RSI MA - All EMA crossed and good potential of up-move - Resistance Level breakout - Portfolio component In Gujarati “ Bhav is Bhagwan ” Disclaimer : I am not a SEBI registered Analyst. Please do your own Analysis before taking any trade/investment. The above view is just...
Market Cap 1,608 Cr. Promoter holding 51.2 % Pledged percentage 0.00 % Intrinsic Value 453 Stock P/E 7.72 Industry PE 16.70 ROCE 15.8 % ROCE3yr avg 12.2 % ROE 13.2 % ROE 5Yr 11.6 % OPM 12.7...
Market Cap 1,284 Cr. Stock P/E 30.7 Industry PE 27.4 Dividend Yield 1.24 % ROCE 22.2 % ROE 16.6 % OPM 14.5 % Promoter holding 75.0 % Pledged percentage 0 % Free Cash Flow 14.4 Cr. EPS 65.5 vs 51.2 -...
The stock of Symphony has been following a descending triangle pattern. It has a strong demand zone near 800 levels and currently, its looking to give a bullish breakout from the trendline resistance. Next supply zone is around 1200-1220 levels. The company has also announced a buyback at Rs. 2000/ share. Also, the summer heat might help boost the revenue in Q4...
BUY Intellect closing 461.6 with stoploss 420 then targets are 500-550-600-700. Buying Reason. 1 --> Price made the ragne and wait for breakout. 2 --> RSI is ready cross 60. 3 --> ADX is show the Bullish move +DMI is bullish. 4 --> Bounce from the Demand Zone.
Key Points: - On daily chart strong Bullish breakout momentum seen with potential of 15% rise from retracement price of Rs. 153 - Resistance breakout @ 153 - RSI > 70 - Tech showing buy signals - Price is above 20,50,200 EMA - Volume is above VMA Bhav is “ Bhagwan ” Disclaimer : I am not a SEBI registered Analyst. Please do your own Analysis before taking any...
Key Points: - Bullish cup and handle patter with potential of 23% rise from current price - Resistance breakout @ 474 - RSI near to cross 70 - Tech showing buy signals - Price is above 20,50,200 EMA - Volume above average - Super trend is possitive Bhav is “ Bhagwan ” Disclaimer : I am not a SEBI registered Analyst. Please do your own Analysis before...
Key Points: - Ascending Triangle - Resistance @ 234 & Support @220 - RSI crossing 63 - Tech showing buy signals - Price is above 20,50,200 EMA - Potential uptrend above 250 to 265 and next level 300 Bhav is Bhagwan - Find your Bhagwan Disclaimer : I am not a SEBI registered Analyst. Please do your own Analysis before taking any action. The above view is...
1. On daily chart with technical view I have seen bullish trendline breakout with upside move. 2. The closing price is also closed above 68% FAB retracement level which also shows positive trend. 3. MA i.e. 21-11 cross over is seen upward move. 4. RSI is near to 70 i.e. 68. I can see 20 to 25 points upside move in near short term. P.S. This technical analysis...
As per weekly chart Coforge is looking quite strong, Weekly RSI has already broken out of its resistance of 48. Personally I would want weekly RSI to be above 55 for bigger upmove or price to give pullback to 3645 levels. I will be keeping eye on this counter for quick 5-6% gain if price sustain above 3700 levels, or price to give pullback to 3645 level for great...