Nava is one of the strongest stocks in the market...Company is having a profitable turnaroud in its Zambia operations wherein the govt. entity ZESCO, has begun honouring an arbitration award won by Nava and the power tariff issue has also been settled.. further, as per screener this has less than 50,000 shareholders which I think is pretty low for a 7500 crore...
Explaining the current impasse in fibonacci terms: > In the previous upmove 0.618 was the resistance from which share price retreated despite blockbuster earnings coinciding with a slew of negative news.. > After finally exploding through 0.618 level, the next logical resistance level of 0.786 is the new barrier.... Once it overcomes this resistance it may...
While the market is rife with speculation of specific stocks and sectors getting a boost due to possible budget discretionary impact I continue to focus on Natco Pharmas steady rise in price as it begins to start the catch up with its stellar business performance... One can see the bollinger band reducing now and the share price coiling up within a triangle like...
Q1 results on saturday... share price stuck in a triangle with 424 ish offering resistance... if the performance pleases the market then it may go on to 518 which is the target of the triangle and thereafter proceeding towards the resistance area of the parallel channel within which the stock is travelling... ofcourse, stop loss is if and when the share price...
Hello Everyone. The market was in a very tight range the previous day. Let the resistance or support range break with 15-minute candle before going for any trades. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE...
Jio Financial Services Ltd: Share Price Overview Currently, Jio Financial Services Ltd is trading at ₹320.20 on the NSE. The stock has witnessed fluctuations in recent sessions, reflecting the market's uncertainty about its future direction. However, understanding the technical indicators can provide valuable insights into what might be expected next. Technical...
Hello Everyone. The market was in a very tight range the previous day. Let the resistance or support range break with 15-minute candle before going for any trades. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE...
Network 18 Trade in an upside range. Which support is 70 and resistance is 140. You should watch upto 140 🎯
Round Bottom Breakout RSI above 70 and rising Trading above EMA50 Volume spurt 30+ months of consolidation Good quarterly results Disc: for study, not a recommendation
Price has witnessed a breakout after a consolidation phase since its listing. Current pullback towards breakout level of 430 gives a good risk-reward entry point. In many such low history charts, a breakout above the listing day high has seen strong rallies. Hence we could also see such a rally to 800 in this stock. Bullish outlook remains valid as long as...
Consider this chart analysis as a case study rather than a basis for taking a position. The company's business dynamics are currently volatile, but it has potential and could be worth monitoring over the next few quarters.
The weekly chart might be making IH&S Pattern. Will it make IH&S on the Weekly Chart?
BankNifty Support and Resistance levels to look and trade on friday are immeadiate resistance if 49800 above sustains above long for targets of 50050,50230,50300,50400,50600. Immeadiate support if 49600 below sustains below short for targets of 49400,49250,49100,49000. Mentioned support and resistance including target areas can act as reversals please check...
Strong Resistance hitting twice on a weekly time frame also making inverted w pattern which shows bearish trend.
Date 15.08.2024 MRPL Timeframe : Day chart Remarks : Formed descending triangle & at neckline. In between 100 ema & 200 ema as support & resistance. Breakout & breakdown arrows/direction is marked. Regards, Ankur
Sector: Iron & Steel 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 60.79% in Jun 2024 qtr 52 Week High 286.35 52 Week Low 103.80 All Time High 571.20 All Time Low 61.55 Book Value Per Share 119.43 Dividend Yield:...
Sector: Aluminium & Aluminium Products 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 51.28% in Jun 2024 qtr 52 Week High 209 52 Week Low 80.65 All Time High 209 All Time Low 9.13 Book Value Per Share 68.34 Dividend...
Sector: Iron & Steel 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 65.00% in Jun 2024 qtr 52 Week High 175.35 52 Week Low 80.45 All Time High 293 All Time Low 3.95 Book Value Per Share 131.25 Dividend Yield:...