Suzlon CMP: 79.95; RSI 72.77 At present script has enter into short term consolidation zone. However chart is very strong. Those who are in profit are advised to book profit (50%) between Rs: 80-82. and re-enter at lower level. Profit Booking: Between-Rs-80-82.5 Re-entry After profit booking: Rs-72-75 Final Target : Rs 92- 94 ( 4 weeks). ✅For more trading...
15 Time Frem HDFC AMC Made LH & RSI Divergence Also Seens / Stock is running between trend line If it will break trend line May it will down more
The stock has been in a strong up-trend since its listing. Currently, price has cleared its previous all time high of 3044, and is continuing to show strength. Going, by past up-move reference, the up-trend could continue to test the 685.4% FR level around 8300. Bullish outlook remains valid as long as price is above 3000.
Sector: Sugar Strong Performer Stock with good financial performance alongside good to expensive valuation, but lacks price momentum as suggested by technical indicators Promoters holding remains unchanged at 63.49% in Jun 2024 qtr 52 Week High 136.1 52 Week Low 83.40 All Time High 179.70 All Time Low 1.45 Book Value Per Share 104.87 Dividend Yield: 3.68 Sector...
Sector: Finance - Investment Mid range performer Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest. Promoters holding remains unchanged at 64.34% in Jun 2024 qtr. 52 Week High 54.25 52 Week Low 23.15 All Time High 54.25 All Time Low 6.06 Book Value Per...
Sector: Finance - Investment Momentum Trap Strong price momentum & technical indicators may tempt investors to buy this stock. Be selective, not all stocks with strong momentum have strong financials & balance sheet. Promoters initiated pledges of 100.00% of holdings in Jun 2024 qtr. 52 Week High 18.39 52 Week Low 7.15 All Time High 39.93 All Time Low 0.00 Book...
Welcorp's performance illustrates the effectiveness of the Dravas Box Strategy in identifying potential breakout opportunities. In July 2023, Welcorp's stock gave a Dravas Box Breakout at a price of 295, leading to a significant rally. The stock surged by 70% over the next few months, reaching a high of 500 by November 2023. This substantial return validated the...
Last week, Gold showed a strong performance with a 3.13% gain, closing above the bullish flag pattern that had been forming. This breakout is a significant technical signal, suggesting that the bullish momentum could continue. Additionally, the weekly chart displays a Marubozu candle, which is a strong bullish indicator. A Marubozu candle typically means there...
NSE:NIFTY Index closed near 24145 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 24500 Strike – 30.23 Lakh 24200 Strike – 25.10 Lakh 24400 Strike – 22.85 Lakh Put Writing 24000 Strike – 20.43 Lakh 24200 Strike – 19.87 Lakh 23700 Strike – 17.57 Lakh Index has resistance near 24350 – 24450 range and if index...
NSE:BANKNIFTY Index closed near 49725 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 50500 Strike – 14.29 Lakh 50000 Strike – 12.44 Lakh 51000 Strike – 11.45 Lakh Put Writing 50000 Strike – 8.91 Lakh 49500 Strike – 7.65 Lakh 49000 Strike – 6.60 Lakh Index has resistance near 50200 – 50400 range and if index...
NSE:CNXFINANCE Index closed near 22590 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 23800 Strike – 7.03 Lakh 23000 Strike – 5.68 Lakh 22600 Strike – 4.33 Lakh Put Writing 22600 Strike – 3.78 Lakh 22500 Strike – 3.14 Lakh 22700 Strike – 2.27 Lakh Index has resistance near 22700 - 22750 range and if index...
NSE:NIFTY_MID_SELECT Index closed near 12520 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 12500 Strike – 11.60 Lakh 12700 Strike – 9.43 Lakh 12600 Strike – 8.78 Lakh Put Writing 12500 Strike – 13.65 Lakh 12200 Strike – 6.85 Lakh 12300 Strike – 6.39 Lakh Index has immediate resistance near 12725 - 12825...
Sequent Scientific Ltd. has formed a classic Inverse Head and Shoulders pattern on the daily chart, indicating a potential bullish reversal. The stock has broken above the neckline with strong volume, suggesting upward momentum. The next resistance levels to watch are INR 160 and INR 180, with a potential target of around INR 200. Traders could consider entering...
Focus on Uflex short to medium term with a target of 780+ stop loss should've been 600.
It will move upside until day candle close below the reversal zone.
Birla corporation has been swinging to give 10 - 15% profits. The stock also has shown a bearish divergence in the weekly chart on 1st and 2nd week of July and dropped from 1648 to 1218 from July to now. In the daily chart the stock has shown buy opportunity on 13th August when the RSI has gone below 30 with a MACD Hist slope showing positive sign of bulls gaining...
This stock is moving between 1550 - 1850 ever few weeks. The low has been around 1562 and has reached this region in 24th March, 13th May, 5th June and 9th August. This stock can go from 1550 to 1800 in next few weeks giving a profit of 10% to 15%. Entry below 1575 and Exit between 1825 - 1850. Stop loss at 1500