Housing finance sector is looking very positive considering the tapering effects of recession and inflation data. PNBHsg finance has already skyrocketed post breakout. Lichsg finance is a good fundamental stock which is looking a good positional trade. This idea is not a recommendation and is shared only for educational purposes. You can also study stocks like...
CNX auto continues the rally and aims at the 18860-19000 mark to make the new all-time-high. Immediate resistance at 18719.50 which was the latest high made on 29th Dec'23 We can see a small divergence at the current level, indicating the possibility of a price fall. Hence any bullish new entries are advisable once the price validates the breakout of the last high...
NSE:CNXMEDIA Nifty media is the participant that will contribute in the 2024 rally. Nifty media has started forming a horizontal resistance around 2500 zone on a weekly chart After 2.2 years of consolidation it has approached the resistance with some strength and now within some weeks it can break out from this range. Keep an eye on the sector and its...
Pharma sector stocks have given a good bullish momentum in the past few months. If we analyze the pharma sector, we can see a bounce from strong trendline with higher high, higher low formation. Keep pharma stocks like Dr. Reddy, Sun pharma, etc. in your watchlist as we might see ATH levels in this stocks soon!
Indoco Remedies Ltd |A Sector Rotation (Pharmaceutical) Indoco Remedies (Indoco) is a Mumbai-based pharmaceutical company that focuses on formulations with a presence in contract manufacturing and research. Market Cap = ₹ 3,758 Cr. Dividend Yield=0.55 % ROCE=17.4 % ROE =14.8 % Debt to equity = 0.46 ...
Nifty BankNifty Analysis 6-Sept-2023. Small video for current index level and overall sectors
Upcoming Week / Days Looks like Auto Sector is going to outperform The formation of the Chart Nifty Auto Looks interesting RSI is overbought zone, whenever RSI goes above 70 the tendency of the sector is to fall back & touch the 21/50 day EMA giving an ample opportunity to buy stocks in the sector Though RS (Nifty) is above 0 still looking nice for an upmove
Nifty Metal index trading above 200 EMA. Looks good for upcomming days as almost all major sectors have recovered after the latest Downside rally. Vedl, Hindalco, JSWsteel and Jindalstel are stocks under focus. One can start investing with little portion after breaking 200 Ema and taking pullback. Note - Fib Retracement levels will act as resistance levels.
History shows that big winning stocks tend to favor certain industry groups - M.M IT index has good support of demand zone(big box) present below. in coming weeks or month hunt for best from this group. we might see lil compression after small rally which i think best time to select leaders.
most of psu - mahabank, unionbk, canbk, karurvysya... etc are consolidating and might perform well in coming weeks. look for low risk entry
#Auto Stocks are setting up for a NEW HIGH NSE:TVSMOTOR NSE:EICHERMOT NSE:TATAMOTORS
The below indicator shows the performance of NSE Sectors and top performing stocks in those sectors NSE Sector Performance It will help identify the stock sectors and individual stocks in those strong sectors. Also, the distance from 250d high/low is shown to focus on high momentum stocks
NIFTY AUTO chart is looking very bullish. Concentrate on Auto stocks.
1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price) 4. Sell on initial stop loss hit or close below daily supertrend (for short term traders) or close below weekly supertrend (for long term investors) 5. Some other ways to sell stocks can be a....
NIFTY FinServ is showing Heavy RSI convergence(Bullish signal) in oversold area. it seems people are selling in Panick. Inestors can start accumulating and buy on dips
Nifty It has been showing no particular direction for the past week, sometimes on a solid green day it manages to fall and sometimes seeing Nasdaq it seems to gain some points but what is the real direction of this sector? I have taken the top 5 Nifty I.T stocks that have the most weightage in this sector and have analysed them. Below are all the top 5...
- Sector Index Breakout - Sectoral Spread Chart Breakout - Sectoral Spread Chart 50ma crossover.
PSU banking index look attractive & anticipated stocks will be ready to blast under this sector keep closed eye on radar !!!!