Small cap Index is facing heavy Sell offs. Expecting the price to show a small pullback and continue moving down. It might test the FVG (14278 - 14495) before making further LL's.
This week sell off was triggered by SEBI chairman's statement about a bubble in small caps and midcap . In this video , i discuss about the possible outlook for small caps and midcaps and should you stay invested ? Cheers
Nifty Analysis - Stance Bearish⬇️ Recap from yesterday: “One thing is sure, the sudden price moves we are seeing right now are quite indicative of a massive shift in fundamentals. Technical Analysis cannot detect the directional impact this early, but it would be prudent to keep an eye out for any possible clues.” 4mts chart We got some action today on Nifty...
One can long Venus pipes with an SL of 1200. Please consider that I am not a SEBI Reg. Analyst. Do your own research before trading or investing.
Nifty Analysis - Stance Neutral ➡️ Recap from yesterday: “They need to take out the 22051 and 21913 support levels, which is only possible if we have a macro level bad news. Banks are the only sector that could give away such an opportunity. Already the FIIs are not so happy with the future prospects of the financial sector in India. A small trigger could set the...
Stock is in Stronger DemandZone. Good to buy at current Levels for a Better Risk Reward. Can initiate buy for a minimum 20% Returns.
Bayers Cropsciences hasn't touched its top since 2020. Now, after a long time and the pattern formation of a downward channel, you can also make it a flag and pole pattern that can be visible. The stock has given a breakout and corrected last month near the trendline above. So, it is clearly showing a solid commencement of a new uptrend.
An Rounding Bottom Chart Pattern Breakout happened on the weekly Time frame of NSE:KPRMILL Price Action is well supported by the volume. The stock is currently in uptrend making higher highs and higher lows. One can add this stock into their stocks to buy list. Initiate the long trade only according to the levels mentioned on the charts. Stop loss will be...
Long KNR constructions CMP 265 Triangle breakout with good volume. It can be fake breakout So, Buy Above 277 Stoploss 226 Swing Trade Target 1 299 Target 2 310 Long Term Target 1 317 Target 2 339
Hello Traders, Chart Type - Heikin Ashi Time Frame - Daily Swing Chart The price has successfully tested its retracement level of 61.80% and the price holds these levels. Swing High - 387.15 (August 2023) Breakout Level - 347.95 First trade zone - 347.95 to 357.25 Second trade zone - 357.25 to 373.30 Breakdown Level - 338.65 Trade Zone - 338.65 to 308.60
An On Neck Chart Pattern Breakout happened on the weekly Time frame of NSE:WHIRLPOOL Price Action is well supported by the volume. The stock is currently in uptrend making higher highs and higher lows. One can add this stock into their stocks to buy list. Initiate the long trade only according to the levels mentioned. Stop loss will be on weekly closing...
Solex Energy Limited is engaged in the business of renewable energy solutions. The Company manufactures solar lighting systems, solar panels, solar water pumping products and water heater products. Financials: TTM EPS: -- TTM PE: -- P/B: 14.78 Face Value: 10 Mkt Cap (Rs. Cr.): 555 Sector PE: 72.46 Book Value Per Share: 47.03 Positives: Strong Momentum:...
Inverted Head and Shoulders Buy @ 67 SL : 49 Target : 80-100-120++
The stock has been seen making multiple cup and handle patterns. Once the stock closes above its All time high on a monthly basis an entry in the stock can be taken. This is for high risk takers and people with deep pockets. Also do not risk all your capital in one stock. Deploy cash in a smart manner. Updates on Buying, Stop loss and Targets will be given...
Happiest minds had given multibagger returns in 2021 and since then, it has been a correction phase in the stock. Recently, the stock has bounced from a strong support and has given breakout from resistance trendline. It is a good small cap IT stock with decent fundamentals looking strong for a bullish momentum. Best buy level for the stock is around 875-880 with...
InfoBeans Technologies Ltd is primarily engaged in software development services, specializing in business application development for web and mobile and operate at Capability Maturity Model Integration (CMMI) level 3. Key Clientele The company's clients include companies like American Express, Wework, amazon, Viatech, IQVIA, ALM Media, CoAdvantage and others.The...
Overall Market view and All sector view. All sector view and major index are not showing any strength as of now but few individuals are good.
IDEA is taking support on trendline. Good risk to reward ratio. But very very high risk. Not recommended to invest more than 2% of total portfolio.