📈 Stock Name - VOLTAS Limited
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 1922.
🚨Disclaimer: This is not a Buy or Sell recommendation....
📈 Stock Name - Yatharth Hospital & Trauma Care Services Ltd
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 570.
🚨Disclaimer: This is not a...
- US100 is currently trading at 18,309
- We saw massive sell-offs last week in the US100 and other indices too
- It's approaching crucial areas and if it doesn't respect that and if we continue to see these expansionary candles towards the downside don't expect NASDAQ to pump anytime soon every pump is going to be a sell on rise
- However, before the CPI this can...
# we mark Support and Resistance on the charts so you can check..
Support Levels: Look for recent price points where the stock has repeatedly bounced upwards. These are points where the price tends to find buying interest and does not fall further.
Resistance Levels: Look for recent price points where the stock has reached and then turned downward. These are...
# we mark Support and Resistance on the charts so you can check..
Here’s a general example of the type of news you might find for Bajaj Finance:
Quarterly Earnings: “Bajaj Finance reports a 15% increase in net profit for Q1 2024, driven by robust loan growth and improved asset quality.”
Strategic Initiatives: “Bajaj Finance announces a strategic partnership with...
There is no guarantee in Stock market and Nothing over week.
STOCK TO STUDY (EDUCATIONAL PURPOSE ONLY, NOT BUY OE SELL RECOMMENDATIONS)
HINDALCO INDUSTRIES LIMITED
TARGET RS 720
CMP RS 685.10
ENTRY RANGE RS 678-692
STOP LOSS RS 635
Disclaimer: I am not Sebi Registered.
Clearly, on the 2-hour charts, we can see the Ashoka buildcon . Can take a long entry above 238 once the breakout of the marked trend line. Watch every time stock touches the 200 EMA level it bounces back with good price action. please keep the stock on your watch list. Good risk to reward trade.
A Good setup has been seen on the daily chart of SCI. Long SCI above 274 for the target of 350+ with SL of 242. A very high probability that the stock will bounce back from the 200 EMA & the marked resistance area. Good risk to reward trade. hence keep the stock at your watchlist. This is for your educational purpose only.
The above weekly chart shows that the price has formed a cup & handle pattern in the last 2 years. If this pattern continues we can expect a breakout on the charts.
MACD is showing a likely crossover too. Possible targets may be 1600/1800 or even more.
As long as it sustains above 1300, this setup remains relevant.
Decide your exit levels according to your...
Ambika Cotton Mills Ltd | A Trending sector
Ambika Cotton Mills is engaged in manufacturing and selling specialty cotton yarn catering to the needs of manufacturers of premium branded shirts and t-shirts. Exports constitute significant portion of the operations. The company operates with total installed spindle capacity of 108288 (Previous Year 108288 Spindles)...
CDSL has given a strong breakout of it's ATH on monthly basis with a strong bullish candle having great volumes. The ATH level has been retested and now it is getting for another rally.
Hello Everyone, i hope you all will be doing good. I have brought an analysis on Pharmaceuticals stock which has given neat and clean short term consolidation zone breakout. Stock name is Alembic Pharmaceuticals and it is in the business of development, manufacturing, and marketing of Pharmaceuticals products i.e. Formulations and Active Pharmaceutical...
On Weekly Basis:
S&P 500 (SPY) completed its correction from 4800 to 3490 in its 5 Wave Down. Fibonacci 50% retracement from bottom 2300 to top 4800 ends at 3540, a support level in October, 2022. It took a support at 4115 which is a long-term horizontal support with multiple pivots on weekly charts. It looks like a fresh new Wave has just started from 4115...
Hello everyone, i have brought a stock which has given a breakout of triangle pattern with huge volume spike on weekly chart, there is higher probability that we will see bullish uptrend momentum in this.
Hindustan Foods Limited is an India-based company, which is engaged in contract manufacturing of various FMCG products including food, home care, personal care,...
Wockhard has been consolidation since 2013, over 10 years! But now it has given breakout on monthly chart. It's a structural change on the chart.
Needless to say, volumes look great for recent months.
CMP : 404
SL - 320
Target - 650, 750, 950 ,1200
Note: It's a monthly chart breakout. Stock can take a few months to couple of years to attain this...
Bank of Maharastra is currently making a Rising wedge pattern. It is also making a shooting star at the upper line of the wedge signifying selling pressure.. The price if breaks out of the rising wedge in coming weeks can drop to 55 levels where it has support.
We can see a strong breakout on monthly basis in " Apollo Hospitals ". The current monthly candle is undergoing a retracement to test the level of breakout. If the breakout is genuine, after retracement, there will be signs of bullish reversal. This indicates that the current trend is about to continue and for that I've used the ABCD pattern of Harmonics to find...
Bajaj Auto is currently near it's ATH, and is getting ready for another rally in short term. The target is calculated using the ABCD pattern of Harmonics. Current daily candle tried to break ATH level but gave a closing below it. So, candle closing above 8700 will decide whether it will move upside or not. However, this is a perfect example of price action of a...
