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Trend Analysis

multiple timeframe breakout candidate JINDAL DRILLJindal Drilling, incorporated in 1983 is a Small Cap company (with a market cap of Rs. 2474.84) operating in Gas & Petroleum sector. The Return of Equity (ROE) in last five financial years given by Jindal Drilling stock was 3.75%, 7.39%, 5.39%, -0.52% and -46.29% respectively. The Jindal Drilling share gave a 3 year return of 585.9% as compared to Nifty 50 which gave a return of 41.5%. Jindal Drilling announced 10.0% final dividend on August 14, 2024.
NSE:JINDRILLLong
by TechnicalAnalystSucrit
BTC Targets 100K Despite ResistanceBitcoin has shown a clear uptrend in the past two days, characterized by higher highs and higher lows. The recent upside breakout of the consolidation in the 94K to 96K range has pushed the price up to 98K. Short-term resistance is currently located at 99K, while support is located in the 92K to 94K area. This is a psychological threshold, which precedes the critical 100K level. Traders seeking entry opportunities can target pullbacks to the 96.5K–97K area for entry, and exit strategies at 99K–100K. Long-term traders can consider buying on pullbacks towards the support zone and plan to hold on a breakout of 100K. The arrival of 100K prices may prompt profit-taking, hindering further gains. In addition, declining volumes or momentum divergences may indicate weakening bullish momentum. Traders should remain vigilant to macroeconomic developments or crypto-specific news, which may change market dynamics. Strategies vary by time frame: Short-term traders can focus on a breakout or pullback to 96K to 99K, while long-term holders should aim for a pullback toward 92K to 94K. It is recommended to place a stop loss below 94K to effectively manage risk.
Long
by Ring-1
Reliance Industries Dragon Fly Doji in Weekly chart at SupportHi this is Kapil, Reliance Industries took support at 1257 on weekly and monthly support area, Made Dragon Fly Doji on weekly chart as well Bulls can be seen pulling the price back above the support level of 1237. after 43% upside swing in one year from oct 2023 to oct 2024 the stock looks in minor consolidation period to a possible reversal we can plan adding reliance in our portfolio with annual returns of 25-20% for 2025 year. Next support below 1200 is at 1004. So add near here and @1015 Near term targets are 1405 and 1569 in 2025-2026. Special Note- Reliance will actually be used as index management tool so every hourly oversold portion can be seen as possible reversal for intraday basis. Consult your Financial advisor before making any decisions
NSE:RELIANCELong
by kapilbhama
Tata Motors-2-Chart AnalysisTata motors CMP:786.45; RSI: 36.35; TATAMOTORS has completed 5 wave impulsive -Primary Bull cycle phase on weekly chart basis and now in corrective of ABC wave in formation . Corrective Wave-A has bottomed out and wave-B may give a swing trade opportunity for aggressive trader . This wave-B may take the Tata Motors shares at levels of 969-980 levels. In Long term view is still avoid and fresh entry is suggested only for swing trade. On daily chart basis, also 5 wave structure has formed as identified in chart structure, It suggest script will now reverse as it has entered wave-a formation. Chart structure suggest a swing trade is open. The key crucial levels are listed below Swing Trade Target 1: 969-980; Target 2: 1000-1020. Stop Loss : 710 ✅ For more trading ideas like this, please like, share, and follow my Idea Stream ✅
NSE:TATAMOTORSLong
by DrPrashantVerma
EMKAY - Breakout Setup, Move is ON..NSE:EMKAY ✅ #EMKAY trading near Resistance of 311 ✅ Next Resistance is at 396 Related charts: Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:EMKAYLong
by Sandeep_Aggarwal