Axis Bank is on the verge of a multi-year trendline, which is been followed by it from its inception. as you can see in the chart and can easily find that, Axis Bank is also a stock that follows Darvas box theory very well. As per Fibo retracement shows the next level (Target) for Axis as 1500 around. it can reach there in the next 1-2 quarters. or till the...
Not bearish on Tata Motors ( Btw how can be bearish on a stock that made ~11x return in 4 years that to being LargeCap ), just update on the stock that it can face resistance of the trendline around 980-1010 levels. So to all the guys and girls having TaMo in portfolio time to book profit and again when it is around the 700-600 range, you can reenter. Thanks, Bye!!
TATA MOTORS is looking weak as per its daily chart it is getting ready to go down from 1080-1100 levels to around 970-925 around Disclaimer: All content on this site is for informational purposes of a general nature only, and does not address any circumstances of any particular individual or entity
It is a Joint-Venture between the Oberoi Family and the Rajan Raheja Group PE : 33.7 (lower than industry PE) ROE and ROCE is better than 3 year averages. Piotroski score is indicates its healthy. Q1 25 was not good as expected , though the overall hotel bookings were good numbered as per the data, almost hospitality sector is bullish for short term I am...
SJVN and IREDA has signed an MOU with Nepal govt to set up the Hydro electric project for an estimated cost of 91Billion Rs. Technially SJVN is completed a long term consolidation at the demand zone and today's candle shows a 6% strong buying with above average volume. From all these factors, I am expecting a upward rally with 14% first target and another 13.5%...
A strong build up is showing in the daily chart of Prakash Industries . The Q1 FY25 is also good. A further rally towards its ATH with a 35% target I am expecting in this chart. SL is below the weekly candle low or next and last support at 178 level. Beyond that my view will be invalid. PE is lower than Industry PE and its at an attractive level now.
Piddilte may bearish...!!! Upward trend line has broken with decreasing volume..
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your...
Potential reversal zone in-between 2972.50 & 2936.75, And RSI Divergence too that means the price is taking Higher Highs but Rsi taking Lower Lows, so that technical said when market touch the zone we consider it's temporarily reversal, when candle cross and close above 2972 this pattern is failed. if candle only sweep above the mention level (2972) it's also...
Zensar Technologies is a leading digital solutions and technology services company. It is a part of the Mumbai-based RPG group and is headquartered in Pune, India. It operates in two segments: Application Management Service and Infrastructure management service. It is focused on industry verticals, such as Hitech & manufacturing, consumer services, and banking,...
As I discussed in my last analysis, I have predicted that gold will move 170 pips and reach my Target
Company has reduced debt. Stock is trading at 1.09 times its book value of 40.6 Market Cap 635 Cr. PE 14 vs Industry PE 32 ROCE 11.7 % ROE 8 % vs ROE 3Yr 7 % EPS growth 3Years 170 % Earnings yield 13 % ROIC 8.16 % Debt to equity 0.56 Promoter holding 65 % Pledged percentage 0 % PEG Ratio 0.87 CROIC 12.8 % Piotroski score 9 Chg in FII Hold 0.13 %
As we can see BANKNIFTY is forming more like a cup and handle pattern is smaller time frame which is a strong bullish signal but the only criteria is that BANKNIFTY has to open flat to strong but if fails then we may see another bear takeover with false breakouts. Hence as long as BANKNIFTY maintains itself below 51350, we may see sideways to negative market till...
Granules India Ltd and its subsidiaries are primarily involved in the manufacturing and selling of Active Pharma Ingredients (APIs), Pharmaceutical Formulation Intermediates (PFIs) and Finished Dosages. CMP: 694.15 PE: 34.2 Debt to equity: 0.41 Since the valuation is reasonable and lower than Industry PE is giving attraction to this stock. The zone upto 697.5 is...
Almost from 2022 crude price taking support at Rs. 5540 ,its possible to bounce back for up from thus point of time , rising penant parttern making its eas to understand. under 1 week/ one da time frame ou can see the full movement and ou can see the expectation for up. comment below for our views for crudeoil
⭕️ Swing Trading opportunity ! Hourly Analysis Alert !!!⭕️ ✍️Technical Reasons to trade or Strategy applied :- ✅ Rally Base Rally Demand Zone ✅Strong Chart Pattern ✅Parallel Channel worked as Support And Tgt ✅Breakout confirmation #ThankU For Checking Out Our IDEA , We Hope U Liked IT 📌 🙏FOLLOW for more ! 👍LIKE if useful ! ✍️COMMENT Below your view !
Divislab has given a strong breakout after forming a good base. If the weekly candle closes strong we can plan for a good swing trade keeping a stoploss below weekly candle low. Also the stock belongs to Healthcare sector which is performing well now. Also in the last few weeks we can see the stock is continuously forming higher highs and higher lows. ...