📊 Details State Bank of India is a Fortune 500 company. It is an Indian Multinational, Public Sector banking and financial services statutory body headquartered in Mumbai. It is the largest and oldest bank in India with over 200 years of history. Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst. If...
📊 Details Incorporated in 1995, Shree Renuka Sugars Ltd does manufacturing and refining of sugar, ethyl alcohol, ethanol, generation and sale of power Disclaimer: This analysis Is intended solely For educational purposes And does Not imply that I am a SEBI registered analyst. If you found this analysis helpful, I encourage you to like and share it. Your...
Ascending triangle forming on Nifty 60min Chart. Once it breaks out with good candle we can see retest of previous ATH and even a new one. Stop Loss: SL has to be 19,700 Entry: Entries can be made after a 30 min candle closes above resistance zone or on retest of the said zone for better RR Target: Targets can be 20,200+ & Fresh lifetime highs
📊 Details CSB Bank (formerly The Catholic Syrian Bank Ltd) is engaged in the business of banking Services ,oldest private sector banks in India with a history of over 98 years, and a strong base in Kerala , Bank focus on SME, retail, and NRI customers.(Source : Company Web-site ) Disclaimer: This analysis is solely for educational purposes and does not make...
ICICIBANK is forming an Inverted Head and Shoulder pattern on hourly timeframe. The stock has bounced off it's lower longterm trendline and now has formed a range. We can expect the price to test the ATH Levels after breakout. Above this level, the stock will also cross above 50 MA on Daily timeframe so that gives more confidence. Stop Loss: SL for this trade...
📊 DETAILS Sector: Paper & Forest Products Mkt Cap: 1,084 cr Orient Paper & Industries Ltd is engaged in manufacturing and selling of paper and other products including Caustic soda Lye, C.S Flakes, Liquid Chlorine and Hydrochloric Acid. TTM PE : 8.39 (Average PE) Sector PE : 7.22 Beta : 1.10 📚 INSIGHTS Strong Performer Stock with good...
📊 Details Incorporated in 1979, Deepak Fertilisers and Petrochemicals Corporation Ltd is in the business of fertlisers, agri services, bulk chemicals, mining chemicals and real estate Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst. If you found this analysis helpful, I encourage you to like and...
It can be marked that the stock has bounced back from 2290 twice. If crosses 2360 with momentum, can go to 2400 or 2460. MACD is showing a likely crossover. Sustaining below 2310 will show the weakness on the charts. Also, according to the setup (if works), the risk-reward ratio is good. Exit any trade, if it violates your risk management. Only for learning and...
NATIONALUM is moving out of significant consolidation and can move towards a Weekly breakout. It was the previous support and after the downward flight it acted as a resistance and now it had given the breakout. #SwingTrading #Breakout #PriceAction Disclaimer: This video is for educational purposes and not a recommendation. Analysis Posted here is just our...
KEI Industries: Powering Up with Strong Trends 🚀 Fueling your trading journey! ⚡📈 Snapshot: KEI Industries Limited, a key player in power cable manufacturing, is making waves. Serving both retail and institutional sectors, their influence is undeniable. Technical Breakout: A double bottom pattern breakout in the daily time frame has caught our attention. This...
Lemon Tree: Ascending Triangle Breakout 🚀 Lemon Tree, a major player in India's hotel industry, is making waves. 🏨🌟 📈 Technical Analysis: The stock is exhibiting an ascending triangle pattern breakout, indicating a potential bullish move ahead. This formation suggests that the upward momentum could continue, presenting a trading opportunity. 🔍 What's...
Short Term Trading Advice by Goodluck Capital Buy Bharat Wire Ropes (NSE:BHARATWIRE) Buy Range- 250 - 263 Target- 285 - 295 StopLoss- below 233 Potential Return- 12-15% Approx trade duration 14 - 15 days
📊 Details Dabur India is one of the leading fast moving consumer goods (FMCG) players dealing in consumer care and food products.(Source : 202003 Annual Report Page No:280) Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst. If you found this analysis helpful, I encourage you to like and share it. Your...
📊 Details Emami Paper Mills Limited is engaged in production of Newsprint, Writing & Printing Paper and Multilayer Coated High-end Packaging Boards. Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst. If you found this analysis helpful, I encourage you to like and share it. Your observations and...
📊 Details Nelco, a part of Tata Group, started in 1940 as a electronics company. Nelco offers solutions in areas of VSAT connectivity, Satcom Projects and Integrated Security & Surveillance Solutions Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst. If you found this analysis helpful, I encourage...
RELIANCE is at a confluence support zone and can be a good opportunity for a long trade. Stock has a valid support of 200 DMA and previous breakout zone, so a long trade can be initiated with a minimal stop loss. Entries can be made on show of strength (Strong wide range daily candle with good volumes) or above 2,380 for safer players. Stop loss should be a candle...
📊 Details Marico Limited is one of India's leading consumer goods companies operating in global beauty and wellness categories. It is present in over 25 countries across emerging markets of Asia and Africa. It nurtures leading brands across categories of hair care, skin care, edible oils, healthy foods, male grooming and fabric care. Disclaimer: This analysis...
SUZLON again took support this week over the rising trendline which it has been respecting from over 7 months since it began its wonderful breakout. The descending resistance line was also broken out today. Pennant formation. The swing breakout also sent price above 10 and 20 EMA and a crossover was avoided. RSI again crossed over 60 and yesterday was 5% upper...