Good volume buildup in daily and weekly timeframe.
All time high breakout with good volume buildup after some consolidation.
Earning report in few days, if in favor can give good movement.
NOTE: i do my analysis, do yours before trade.
Raymond Ltd. is an interesting chart with following
1. RSI on all time frames above 60 (DWM)
2. Narrowing Bollinger Bands on weekly chart with price walking on upper band
3. Bullish Marubozu Candle on daily chart with huge volume
4. ABCD pattern under formation on weekly chart
5. Ascending Triangle breakout on daily chart
Major Support at 1790 - 1850 zone,...
Hello dear traders!
EUR/USD has recovered momentum and now sees positive growth, surpassing 1.0650 today. This upturn was a result of the earlier reduction in flight to safety, pressuring the US dollar as the week ended, thereby boosting the pair.
However, EUR/USD's upward momentum may only last in the short term because it has not yet surpassed the two EMA lines...
Probality of bottoming out strong bases build at 65 on correcion innext 4-5 week towards 75-80 levels build long position for upmove towards 95 and 115 in next 6 to 12 month .
View fails on weekly closing below 65
The stock seems to have entered the final wave 5 after completing wave 4.
Buy on pullbacks and look for standard candlestick patterns for confirmation to have a better risk to reward ratio.
Note: The SL & tgt are mentioned on the chart itself
NSE:NIFTY
Highest Call writing of 70.24 Lakh at 22500 Strike followed by 51.05 Lakh at 22200 Strike. Maximum Put writing of 81.79 Lakh at 22200 Strike followed by 53.34 Lakh at 21800 Strike.
Index may face resistance near 22425 - 224250 and go beyond 10950 level only when Israel Iran War Tension eases out.
Index has strong support near 21900 - 21800 level and...
NSE:BANKNIFTY
Highest Call writing of 29.34 Lakh at 48000 strike followed by 18.49 Lakh at 47500. Highest Put writing of 26.48 Lakh at 47000 strike followed by 17.78 Lakh at 47500 strike.
Index may face resistance near 48125 - 48250 level and and go beyond 45250 level only when Israel Iran War Tension eases out.
Index has support near 46500 level and less...
NSE:CNXFINANCE
Maximum Call writing is at 21800 strike with 8.13 Lakh followed by 6.51 Lakh Call at 21400 Strike then 6.18 Lakh at 21200 Strike. Maximum Put writing is at 12.17 Lakh at 20500 strike followed by 7.93 Lakh Put writing to nearer strike at 20800 then 7.64 Lakh at 20600 strike.
Index may face resistance near 21350 - 21500 level and land go beyond...
NSE:NIFTY_MID_SELECT
Maximum Call writing buildup of 20.70 Lakh is at 11000 strike followed by 16.92 Lakh at 10900 Strike then at 10800 Strike with 15.77 Lakh and Put writing of 18.91 Lakh at 10500 Strike followed by 12.10 Lakh at 10400 Strike and 11.53 Lakh at 10600 Strike. Index is closed near 10665 level.
Index may face resistance near 10850 - 10900 level...
NSE:HEG
✅ #HEG trading above Resistance of 2400
✅ Next Resistance is at 3085
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is...
about company -
Bhansali engineering polymers limited (bepl) has pioneered in manufacturing international quality acrylonitrile butadiene styrene (abs). the company is a value driven organization, aiming excellence in providing quality products and services, since its incorporation in 1984.BEPL is a company that takes pride in being the lowest cost producer of ABS...
Nitin Spinners Ltd, promoted by the Nolkha family of Bhilwara, is one of the leading manufacturers of cotton yarn, knitted fabrics, greige and finished woven fabrics and a Government of India-recognized export house. Established in 1992, NSL started operations with open end spinning with 384 rotors. Currently, the company has an integrated textile complex with...
NSE:EICHERMOT
Eicher Motors Limited, incorporated in 1982, is the listed company of the Eicher Group in India and a leading player in the Indian automobile industry and the global leader in middleweight motorcycles. Eicher has a joint venture with Sweden’s AB Volvo to create Volvo Eicher Commercial Vehicles Limited (VECV). VECV is engaged in truck and bus...
about company
• Welspun India Ltd (WIL), part of the $2.7 billion Welspun Group, is a global leader in Home Textiles, supplying to marquee global retail and hospitality brands. Our state-of-the art manufacturing facilities in India produce globally benchmarked products, driven by our differentiation strategy based on Branding, Innovation and Sustainability
•...
CANARA BANK
--> Elongated Flat CORRECTION
Wave formations:
Wave (A,B,C) denoted circle black colour
Wave A ==> inner wave (a,b,c)
Wave b ==> inner wave (a,b,c)
Wave c ==> inner wave (1,2,3,4,5)
Rules and objectives
Elongated Flat:
If the c-wave is more than 138.2% of
wave- b, the market is forming an
Elongated Flat
The Elliott Wave...
CAN INDIAN AIRLINES’ DEFY THE ECONOMIC PRINCIPLES?
BACKGROUND
A lot is being talked about the launch of Akasa Air and the potential relaunch of Jet Airways. And why not, the Indian airline industry is witnessing something good in the form of the launch of what potentially has the capacity to be one of the great airlines.
I have been fortunate enough to have worked...
