Very good underperforming stock, high groth industry, Best part of this is very good risk to reward retio 1:5 Stoploss 1480 for INTRADAY playing
As we analysed that NIFTY could probably stay inside the range between 19660-19800 as mentioned in the chart and it exactly did and remained sideways throughout the day. Now we can stay intact with our analysis as we could only witness directional move if it sustains above or below or given levels so plan your trades accordingly.
Refer the chart for Entry,Target and SL. Buy scenario only above marked entry area NOTE: This trade is only for Equity Swing buy and not to be considered for options trading. Please do follow Position Sizing and Risk Reward Ratio while planning any trades. Note: This information is for education purpose only and please do your own research and consult your...
the stock had a resistance of 652 and it broke it today with strength and volume . it can give upto 17% returnes in short period of time
Refer the chart for Entry,Target and SL. Buy scenario only above marked entry area NOTE: This trade is only for Equity Swing buy and not to be considered for options trading. Please do follow Position Sizing and Risk Reward Ratio while planning any trades. Note: This information is for education purpose only and please do your own research and consult your...
-Weekly Timeframe is bullish -Daily Timeframe and 4HR has tested it's structure -50 ema is near the base as a confluence -Stock is within 10% range of the all time high
Tata steel gave a breakout from a promising channel pattern that has been in formation since over 2 years. Now the stock is taking support right at 50 DMA (Long tail candle), at .5 & .618 Fib levels and also at previous resistance zone which will now act as a support. Entries can be made in the same after a strong candle closes above 127 with strong volume. Short...
**Bank Nifty Analysis for 17/10/23** **Support Levels** * 44,120 * 43,995 * 43,770 **Resistance Levels** * 44,532 * 44,713 **Buying Zone** * Above 44,376 **Selling Zone** * Below 44,120 **Analysis** Bank Nifty closed at 44,251.40 on 16/10/2023. The market did not break the support level of 44,120 on 16/10/2023, and bounced back from there. This suggests...
Nifty 50 Analysis for 17/10/23 Support Levels 19,733 19,684 Resistance Levels 19,833 Buying Zone Above 19,833 Selling Zone Below 19,684 Analysis Nifty 50 closed at 19,772.05 on 16/10/2023. The market did not break the support level of 19,730 on 16/10/2023, and bounced back from there. This suggests that there is some buying support at the current levels. For...
Detailed View about this Breakout: No.of Resistance: 4 No.of Support: 4 Consolidation months : 15 months I Post educational chart for 3 Swing / Potential Stocks Everyday. Check Related Ideas section for more Swing Stock analysis.
Detailed View about this Breakout: No.of Resistance: 6 No.of Support: 6 Consolidation Days: 550+ Days I Post educational chart for 3 Swing / Potential Stocks Everyday. Check Related Ideas section for more Swing Stock analysis.
Detailed View about this Breakout: No.of Resistance: 8 No.of Support: 6 Consolidation Days: 400+ Days I Post educational chart for 3 Swing / Potential Stocks Everyday. Check Related Ideas section for more Swing Stock analysis.
FinNifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to...
Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction...
Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear...
Strategy:-Support&Resistance Major Resistance 44750-44800 Major Support 43800-43850 Banknifty is trading in a range of 44800 to 43800 range i think it will test lower level area of 43800 one more time that is strong support if held there can long with positive price action. For Monday intraday levels to trade are 44350 Above Long Targets...
NSE: BLS is closing with a bullish swing reversal candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 13% gain on deployed...
PE Ratio is 8 while Sector PE ratio of 53 - Company has delivered good profit growth of 49.7% CAGR over last 5 years - Annual Revenue rose 47.7%, in the last year to Rs 11,384.7 Crores. Its sector's average revenue growth for the last fiscal year was 17.2%. - Annual Net Profit rose 78.4% in the last year to Rs 1,210.1 Crores. Its sector's average net profit...