NMDC bullish structureNMDC bounced from the weekly support and in DAILY time frame have framed a very good Bullish Engulfing Candlesticks which clearly depicts that stock is trying to change the trend.
A long build-up can be initiated in NMDC above 145 if we get hourly good closing support in short term target of 175 are easily on charts in long term we can see bounce upto 300 also.
INVEST wisely always follow risk and position management.
Trader
NIFTY Trend ReversalOn last trading session (FRIDAY) before the closing of the market we have seen a clear bounce from the important zone of 17600 if market manages to sustain above 17600 level on Monday index is heading for 17900/18000 in coming days.
As a trend reversal trader I will like to built a long position in NIFTY above 17760 for the above mentioned targets.
Also RSI Is also below 30 which also depicts the change in trend in coming trading sessions
Always follow proper Risk and position management.
Trade as per your risk appetite
Great long term investment in insurance sector fundamental analysis-
1. shareholding
73.42% promotor holdings ( unpledged )
17.17% FII investors
4.14% DII investors
almost 95% holdings is in strong hands.
2.performace
56.62% 1 year performance (better than peers)
net sales are better than peers.( Rs.2,755 )
financials are getting quite stronger.
*reason to invest in insurance sector-
Having a look at the current market scenario, we can find that LIC has taken over a major part in the overall Insurance Industry in India. However,
given the rate of growth in the other Non-life insurance sectors, it is estimated that they are sure to compete with
Life insurance companies in the years to come. New insurance companies rising up in the market will definitely experience a vibrant growth
and expansion both in the Life as well as General insurance sectors. The general insurance industry is expected to increase by 7-9% in terms of
gross direct premium income in FY22, backed by healthy growth from the health and motor segments.
technical analysis -
on daily frame it looks like bullish flag pattern.
short downtrend was recently broken and retested also with a great heavy volume.
time to accumulate the stock for long term.
this study is for education purpose only.
BANDHAN BANK ready to move UPtechnical analysis -
points to be bullish on Bandhan Bank.
1. Bandhan bank was in downtrend for many weeks gives a fake breakout once , but gives pullback again.
2. for more confirmation, at 1 hour time frame- confirmation that the current breakout is not fake, downtrend breaks & retested results in ready to move up.
3. on weekly chart, shows bullish divergence.
4. bank nifty is corrected very well for now, we can start to accumulate some banking sector stock from now onwards, one can bet for Bandhan Bank as swing as well as long trade.
this study is for educational purpose only.
TATA CONSUMER PRODUCTS "BUY CALL" POSSIBLE 4% ROIThis channel provides Nifty and Bank Nifty analysis and provides swing trades for equity.
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NIFTY AND BANK NIFTY LEVELS FOR 11TH NOV AND NIFTY IT ANALYSISThis channel provides Nifty and Bank Nifty analysis and provides swing trades for equity.
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IDFC FIRST BANK "BUY CALL" 14% TARGETThis channel provides Nifty and Bank Nifty analysis and provides swing trades for equity.
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NIFTY AND BANK NIFTY LEVELS FOR 8th NOV AND ANALYSIS OF NIFTY ITThis channel provides Nifty and Bank Nifty analysis and provides swing trades for equity.
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NIFTY AND BANK NIFTY LEVELS FOR 8th NOVThis channel provides Nifty and Bank Nifty analysis and provides swing trades for equity.
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bullish trend of ASHOK LEYLAND points to be noted-
1.strong upside trendline support ( containing 50 daily candles)
2.consolidation of 8 months breaks (October monthly candle)
3.october sells of company are better than expected.
4.strong demand at 140 and 145 strike price.
this analysis is for education purpose only.
BANK NIFTY AND NIFTY LEVELS FOR 3rd NOVEMBERThis channel provides Nifty and Bank Nifty analysis and provides swing trades for equity.
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market may be reverse at the present point be consus.Dear traders, There is also a Supp. & Res. zone, need to be consus here if it break the upper res. may be goes for long trade in upside.
request to you trade with a Stop loss. RSI & Stochastics both are at Over bought But it is under the 26MA. Good Luck
Mindtree gave a good upmove!The stock was consolidating from from two trading sessions now It gave a good momentum and I achieved my target. Seeing today’s sessions there can be chances that it can again rally up.