SHIPPING CORPORATION OF INDIA (Monthly Chart ) Roaming into the 15 years long resistance zone of 172-175. Sustain above this zone will take it into the free sky Rising container freight charges are positive for the shipping companies. #technicals #StocksToBuy #stocks #StockMarkets #investing #Index #Nifty #nifty50 #observation #Breakout #BreakoutStock
GBPUSD extends the late 2023 pullback from a five-month-old horizontal resistance area towards 1.2700 during early Tuesday. In doing so, the Cable pair justifies the RSI (14) line’s retreat from the overbought region, as well as the sluggish MACD signals. However, the bull cross on the SMA joins the quote’s sustained trading beyond an ascending trend line from...
IT Company, Making wedge pattern, Go long only if it breaks the upper trend line. this is also for our education on how wedge patterns form. you just need patience.
Bank of baroda stock is giving breakout of 2010. The stock has tried to give breakout of the same level in 2014 but got failed and after multiple attempts, the stock was not able give a successful closing above levels of 204-218. Now the stock is giving a multi-year breakout with increasing volumes. Study this chart closely. Disclaimer: The stock shared is only...
Please add CESC Ltd. to your watchlist as there is a potential monthly breakout that is happening after 15 years! There is a huge upside potential if the breakout happens this month (December 2023)
Indian Energy Exchange Ltd |The Next Multibagger Incorporated in 2007, Indian Energy Exchange Ltd provides an automated platform and infrastructure for carrying out trading in electricity units for physical delivery of electricity Financial: Excellent Market Cap = 14,980 Cr. ROCE = 51.8 % ROE = 39.4 % Debt to equity = 0.01 ...
Nifty Analysis - Stance: Bullish Recap from yesterday: “Nifty is definitely on cloud 9, the newfound momentum is intact and almost all the sectorial indices are strong. What next? Is a big question. Just like a goods train, it is difficult to stop the bull run that fast. For tomorrow, I wish to continue my bullish stance with the first support level at 21652.” ...
NGL Fine Chem Ltd | a Momentum pharma stock Established in 1981, NGL Fine-Chem Limited manufacturers and markets APIs, Intermediates and Finished Dosage forms for human and animal pharmaceutical product. It caters to various Indian and global companies with high quality and reliable products. Financial: Market Cap = 1,382 Cr. ROCE = 11.5 % ...
8-year long consolidation breakout can be seen in weekly chart of Exide industries. The stock looks good for next 5-6 month period
USDJPY fades the previous day’s corrective bounce off a five-month low amid sluggish markets on the final trading day of 2023. In doing so, the Yen pair extends the mid-week pullback from 200-SMA even as the oversold RSI (14) and the sluggish MACD signals challenge bears. Also putting a floor under the risk-barometer pair is a 50% Fibonacci retracement of the...
BankNifty Quarterly Analysis Surprisingly BankNifty rose only 9.56% ~ 4232pts compared to 11.6% by Nifty. There are 2 reasons for this. RBI’s I-CRR and CAR weight adjustments decisions rocked the boat and BN fell much more than N50 NiftyIT rose to the occasion and supported N50, in the same period NiftyIT gained almost 12% 1D chart link - click here ...
Nifty Quarterly Analysis Nifty has gained 2263pts ~ 11.6% in the 3rd Quarter of FY2023-24. Almost on 9 particular days, we hit new all-time highs. 1D chart link - click here Nifty Monthly Analysis Surprisingly 70% of the gains for the Q3 came in the December series. We rose 8.21% ~ 1653pts. 8 out of the 9 ATH breaks also came in the Dec series. It really was...
A multi year breakout is happening in Engineers India Ltd chart. Breakout of almost 13-years.
EURUSD remains firmer at the highest level since late July while justifying the previous day’s upside break of a four-month-long previous key resistance line, now support around 1.1040. Adding strength to the upside bias are the bullish MACD signals and broad fundamental weakness of the US Dollar, especially amid the Fed rate cut concerns. The same suggests the...
BUY ABOVE - 48350 SL - 48200 TARGETS - 48600,48800,49000 SELL BELOW - 48030 SL - 48200 TARGETS - 47820,47650,47420 NO TRADE ZONE - 48030 to 48350 Previous Day High - 48350 Previous Day Low - 47820 I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle...
Stock was in consolidation phase for 10+ years ..... Now it's bottomed out and ready to breakout anytime and also future data shows that accumulation taking place.... Keep in watch...
Gold price snaps a three-day winning streak within a fortnight-old rising trend channel while positing mild losses near $2,065 during early Wednesday. In doing so, the XAUUSD justifies the overbought RSI (14) line and the sluggish MACD signals. However, the pullback moves remain elusive unless breaking the $2,042-41 support confluence comprising the stated...
Technical Analysis for DASH/USDT: - Resistance Level: $31 DASH is currently attempting to break the resistance line at $31. - Long Position Entry Criteria: Place a Long Position Bid at $31.50, but only execute the buy order if the price successfully breaks and holds above the $31 resistance level. - Target Levels: Target 1: $32.50 Target 2: $34 Target 3:...