The price is currently on an upward trajectory, characterized by a series of higher highs and higher lows.
After hitting resistance around the 3,740 level, the stock price pulled back but found strong support near the 2,700 level.
It then bounced back and surpassed its previous resistance.
This breakout was significant, as it emerged from the Rounding Bottom...
There is no guarantee in Stock market and Nothing over week.
STOCK TO STUDY (EDUCATIONAL PURPOSE ONLY, NOT BUY OE SELL RECOMMENDATIONS)
JSW STEEL LIMITED
TARGET RS 980
CMP RS 932.80
ENTRY RANGE RS 922-945
STOP LOSS RS 910
Disclaimer: I am not Sebi Registered.
About Companies
Greenply Industries NSE:GREENPLY is a prominent player in the plywood industry, dedicated to the production and trade of plywood and its associated products. Their extensive range features plywood, block board, wood flooring, medium density fiberboard, flush doors, and decorative veneers. Founded in 1984 by Shiv Prakash Mittal, the company...
Hindcopper is consolidating since few months.
There is breakout above 420 and then we can see 500-600.
There is all time high breakout above 660, so it will touch to 1000.
Volume is increasing very slowly which is very good for the stock.
Good to buy on the dip.
Technical Analysis (Weekly Timeframe)
● The stock had previously consolidated and established a Rounding Bottom pattern.
● Following the breakout, the price surged, hitting an impressive all-time high of 3,880.
● However, it then began to decline, ultimately dropping to the support level around 2,000.
● A robust rebound from this support, accompanied by...
DIXON
Following a significant upward trend, the stock price experienced a correction and later established a Double Bottom pattern.
Recently, a breakout occurred, backed by strong volume, suggesting that the price is set for further gains.
Additionally, a notable increase in future open interest—nearly 11%—has been recorded.
This rise in both stock price...
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.
Company Overview
Thangamayil Jewellery Limited (TMJL) is a rapidly growing company in India with a chain of retail jewellery stores in Tamil Nadu. They specialize in selling Gold, Silver, Diamonds, and Platinum, with gold being the main source of income. The majority of their ornaments are purchased from dealers in states like Andhra Pradesh, Gujarat, Kerala, and...
SHYAMMETL
Following an upward trend, the stock price encountered resistance around the 740 level, resulting in a correction that brought the price down to the 530 level, where it established support.
Subsequently, the price entered a consolidation phase before successfully breaking through its trendline resistance.
With a surge, the stock price climbed back...
Balrampur Chini
The stock price saw a notable decline after dropping beneath the Rising Wedge pattern.
Subsequently, it entered an extended phase of consolidation, during which it formed an Inverted Head and Shoulders pattern.
After the breakout, the price surged initially but then experienced a short consolidation period before breaking out again.
This...
The Bank Nifty NSE:BANKNIFTY stands at the 50,500 level, reflecting a decline of approximately 5.3% from its all-time high. When evaluating private banks, HDFC NSE:HDFCBANK , Axis NSE:AXISBANK , ICICI NSE:ICICIBANK , and Kotak Mahindra NSE:KOTAKBANK typically emerge as top contenders for investment. However, in the mid to small-cap arena, Federal Bank...
There is no guarantee in Stock market and Nothing over week.
STOCK TO STUDY (EDUCATIONAL PURPOSE ONLY, NOT BUY OE SELL RECOMMENDATIONS)
Multi Commodity Exchange of India Ltd.
TARGET RS 4870
CMP RS 4636.35
ENTRY RANGE RS 4590-4685
STOP LOSS RS 4302
Disclaimer: I am not Sebi Registered.
The 1700-1800 range has acted as a formidable barrier for this stock, with the price faced rejection at these levels on two separate occasions.
After experiencing a significant downturn, the price eventually found support around the 135 level, led the price to a period of consolidation.
During this time, the stock developed a Double Bottom pattern.
Following...
There is no guarantee in Stock market and Nothing over week.
STOCK TO STUDY (EDUCATIONAL PURPOSE ONLY, NOT BUY OE SELL RECOMMENDATIONS)
TVS MOTOR COMPANY LTD.
TARGET RS 2765
CMP RS 2635.80
ENTRY RANGE RS 2610-2665
STOP LOSS RS 2535
Disclaimer: I am not Sebi Registered.
There is no guarantee in Stock market and Nothing over week.
STOCK TO STUDY (EDUCATIONAL PURPOSE ONLY, NOT BUY OE SELL RECOMMENDATIONS)
BAJAJ AUTO LTD.
TARGET RS 10200
CMP RS 9710.85
ENTRY RANGE RS 9610-9810
STOP LOSS RS 9615
Disclaimer: I am not Sebi Registered.
There is no guarantee in Stock market and Nothing over week.
STOCK TO STUDY (EDUCATIONAL PURPOSE ONLY, NOT BUY OE SELL RECOMMENDATIONS)
ONGC LIMITED
TARGET RS 350
CMP RS 332.55
ENTRY RANGE RS 329-336
STOP LOSS RS 305
Disclaimer: I am not Sebi Registered.
Weekly Chart
The stock has been experiencing a strong upward trend, consistently pushing its highs and lows to new heights.
We've noticed that the bullish pole and flag pattern appeared twice in a row, indicated a solid presence of buyers in this stock.
Recently, a breakout occurred on the weekly chart with high trading volume, suggesting that the price is...
