$NSE:QUESS breaking out
NSE:QUESS has broken out with increase in volume after consolidating at 570-580 levels for almost a month. RSI looks bullish too.
Target:
660 can be an initial target. 690 can be a second target. Position size can be increased once it breaches ~660 level.
Stop-Loss:
SL can be kept at ~616.
Trend Analysis
Gold ew updatesGold is recovering from lows of 2835.
It has made an implusive pattern from bottom and 1st wave is having gaps.
wave 3 slow in this pattern compare to its nature. which creates doubts
wave4 is abc correction and about 38.2 correction and wave 5 is completed
at 38.2 extention. Only drawback in this pattern is no wave is extended.
This pattern can also this pattern can also turn out to be a WXYXZ pattern,triple zigzag
In this case price has to fall big to the start of wave. Only problem with this is 5th wave
is single wave, means one upside move is pending.
That's see how it turns out
This is deflationaryCrude CMP $65.80
These inverted V shaped falls are just the first leg of the fall. In Elliott they are wave A. The rally was very small indicating weakness, which is wave B. Below $63.80 we will see minimum $47. This is very deflationary. In my view the Fed will start to reduce interest rates very soon.
APOLLOTYRE Trading Near Weekly Demand ZoneAPOLLOTYRE is currently trading at ₹389, which is just below the ₹390 (baseHigh) level of its weekly demand zone (₹390 - ₹370.60), identified on 6th November 2023. This suggests the stock is testing the upper boundary of the demand zone. If buyers step in, it could see a bounce from this level, whereas a breakdown below ₹370.60 may indicate further weakness.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Please perform your own due diligence or consult a financial advisor before making any investment or trading decisions.
OBEROIRLTY Trading Above Weekly Demand ZoneOBEROIRLTY is currently trading at ₹1570, which is above its weekly demand zone range of ₹1546.35 (baseHigh) to ₹1444.4 (baseLow), identified on 17th May 2024. Since the price has moved beyond the demand zone, it suggests that buyers have taken control, potentially signaling strength in the stock. A retest of this zone could confirm support before further upward movement, while a break below ₹1444.4 may indicate weakness.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Please perform your own due diligence or consult a financial advisor before making any investment or trading decisions.
BEPL Trading Within Weekly Demand ZoneBEPL is currently trading at ₹105, which is within its weekly demand zone range of ₹105.49 (baseHigh) to ₹96.43 (baseLow), identified on 21st June 2024. Since the price remains inside this zone, it could act as a potential accumulation area where buyers may step in. A bounce from this zone might indicate renewed demand, while a breakdown below ₹96.43 could signal further weakness.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Please perform your own due diligence or consult a financial advisor before making any investment or trading decisions.
APARINDS Trading Above Weekly Demand ZoneAPARINDS is currently trading at ₹5800.45, which is above its previously established weekly demand zone. The demand zone was between ₹5670 (baseHigh) and ₹5330.15 (baseLow), identified on 2nd February 2024. Since the price has already moved above this zone, it may indicate strong bullish momentum. Traders might watch for a potential retest of the demand zone or continuation of the uptrend.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Please perform your own due diligence or consult a financial advisor before making any investment or trading decisions.
Mazagon Dock (HOW IDENTIFY STOCK FOR INVESTMENT)Mazagon Dock Shipbuilders Limited (MDL), Mumbai, established in 1774, is a prominent shipyard in India. Initially a small dry dock, MDL has evolved into a renowned shipbuilding company. It has constructed 801 vessels since 1960, including warships, submarines, cargo/passenger ships, and offshore platforms.
HOW IDENTIFY STOCK FOR INVESTMENT :-
CONCEPT: FIND OUT INSTITUTIONAL BUYING/OPERATOR FOOTSTEPS IN CANDLE IN WEEKLY CHART. AND FIND OUT 50% PROFIT ZONE. IF STOCK PRICE PULLBACK THIS ZONE & RETEST THE ZONE ,AGAIN GOES UP.
FINCABLES Trading Above Weekly Demand ZoneFINCABLES is currently trading at ₹828.05, which is above its previously tested weekly demand zone. The demand zone was identified between ₹817.3 and ₹777 on 16th June 2023. Since the price has moved above this zone, it may indicate bullish momentum. Traders might watch for a possible retest of the zone for confirmation or continuation of the trend.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Please perform your own due diligence or consult a financial advisor before making any investment or trading decisions.
SUNTV Trading Above Weekly Demand ZoneSUNTV is currently trading at ₹568.4, above the weekly demand zone, which ranged from ₹562 (baseHigh) to ₹536.55 (baseLow), identified on 25th August 2023. This breakout from the demand zone could indicate bullish momentum, but traders should watch for a potential retest of the zone before further upside confirmation.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Please perform your own due diligence or consult a financial advisor before making any investment or trading decisions.
BALKRISIND Trading Within Weekly Demand ZoneBALKRISIND is currently trading at ₹2497.2, positioned within the weekly demand zone ranging from ₹2490 (baseHigh) to ₹2402 (baseLow), identified on 17th May 2024. This zone could act as a support level, potentially attracting buying interest. Investors may watch for signs of price stability or upward movement before making decisions.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Please perform your own due diligence or consult a financial advisor before making any investment or trading decisions.
AIAENG Trading Within Weekly Demand ZoneAIAENG is currently trading at ₹3136, positioned within the weekly demand zone ranging from ₹3265 to ₹3100.75 , identified on 14th July 2023. This zone may act as a support level where buying interest could emerge. Traders should observe price behavior to determine whether the zone holds or if further downside movement is likely.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Please perform your own due diligence or consult a financial advisor before making any investment or trading decisions.
UNITDSPR Trading Within Weekly Demand ZoneUNITDSPR is currently trading at ₹1320.15, within the weekly demand zone ranging from ₹1317.45 to ₹1282.85 , identified on 26th July 2024. This zone may serve as a support area where buyers could step in. Traders should monitor price action to assess whether the support holds or if further downside movement occurs.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Please perform your own due diligence or consult a financial advisor before making any investment or trading decisions.
SUNPHARMA Trading Within Weekly Demand ZoneSUNPHARMA is currently trading at ₹1575.4, within the weekly demand zone ranging from ₹1596.6 (baseHigh) to ₹1565.15 (baseLow), identified on 26th July 2024. This zone may act as a key support level, potentially attracting buyers. Investors should observe price action for signs of support holding or a potential reversal before making trading decisions.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Please perform your own due diligence or consult a financial advisor before making any investment or trading decisions.
GOLD UPDATE Our Spot #Gold Range Prediction from 06/03/2025 to 07/03/2025 is as under.
Gold Spot :2890$-2930$
Gold INR : 85000-86450
Our Spot #Silver Range prediction from 06/03/2025 to 07/03/2025 is as under.
Silver Spot: 31.88$-32.44$
Silver INR: 93500-98100
It must be remembered that price of precious metal depends on so many world wide factors like inflation, Fed interest rate, trade barrier, geopolitical tension, demand, supply, bond yield, dollar index , GDP, payroll data, CPI, currency fluctuation, debt ceiling , expected tax & duty changes, other commodity price crude oil etc. etc. and hence there can not be any accurate barometer of predicting precious metal price.
Gold INR has been calculated taking Gold Spot international price and converting the same assuming fixed Indian rupee rate. However, this is not accurate method as change in rupee value to dollar can substantially impact Gold INR price. Pl. note that price of commodity doesn't depend upon performence of company but depend upon performence of world economy, hence it is extremely risky to trade in commodities. Commodities market also become more volatile during contract expiry.
These are not a recommendation for buy or sell. This view is only for educational purpose. You are requested to consult your financial advisor before entering in to any trade.
GOLD STBT UPDATE Our Spot #Gold Range Prediction from 06/03/2025 to 07/03/2025 is as under.
Gold Spot :2890$-2930$
Gold INR : 85000-86450
Our Spot #Silver Range prediction from 06/03/2025 to 07/03/2025 is as under.
Silver Spot: 31.88$-32.44$
Silver INR: 93500-98100
It must be remembered that price of precious metal depends on so many world wide factors like inflation, Fed interest rate, trade barrier, geopolitical tension, demand, supply, bond yield, dollar index , GDP, payroll data, CPI, currency fluctuation, debt ceiling , expected tax & duty changes, other commodity price crude oil etc. etc. and hence there can not be any accurate barometer of predicting precious metal price.
Gold INR has been calculated taking Gold Spot international price and converting the same assuming fixed Indian rupee rate. However, this is not accurate method as change in rupee value to dollar can substantially impact Gold INR price. Pl. note that price of commodity doesn't depend upon performence of company but depend upon performence of world economy, hence it is extremely risky to trade in commodities. Commodities market also become more volatile during contract expiry.
These are not a recommendation for buy or sell. This view is only for educational purpose. You are requested to consult your financial advisor before entering in to any trade.
WIPRO - 4HR CHARTWipro has reversed form the OB area, now there is probability of an upward move, it seems to be moving towards 323 to take buying side liquidity. Right now in buying zone, always trade with strict SL, risk management is utmost important.
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For learning and educational purposes only, not a trading advice. Pls consult your financial advisor before investing.
LTIM: Sideways Consolidation Continues After Strong 2021 RallyLTIM has been trading in a well-defined range since its 2021 bull run, with strong support and resistance levels dictating its movement, between 4000 and 7000.
Key points:
1. The stock faces heavy resistance at 6800, as the 23.6% retracement level acts as a strong barrier.
2. Price consistently finds support at the 50% retracement level and has bounced back from this level multiple times.
3. The stock is currently near the 50% retracement level and trading below the 180-day exponential moving average, making it oversold.
#SDBLFundamentals:
* ROCE - 19.4%, ROE - 18.4%. Debt to Equity - 0.21
* EPS / Revenue - has been steadily increasing
* FII/FPI have increased holdings from 0.56% to 0.90% in Dec 2024 qtr.
* Institutional Investors have increased holdings from 0.57% to 0.92% in Dec 2024 qtr.
* Promoters have increased holdings from 35.33% to 36.32% in Dec 2024 qtr.
Technicals:
* Bullish Candlestick Patterns - Closing Marubozu Uptrend / Long Line Uptrend
* Weekly Chart shows that 10 WEMA is crossing above the 20 WEMA
* On daily chart, there is a low risk entry available
* Two days of green candles Price is forming a tight action and emerging from a cup formation
* Volumes had declined while consolidating and with up move are now showing signs of increase
* RVOL and ADR is great and spiking
* Relative strength is strong / Momentum indicates steady maintenance / ADR is 5.8% and indicating up move
Good for positional trade. SIP type entry considering that market is pretty crazy as of now.
Note - Entry / SL / Target / Position size - Please figure out on your own based on risk appetite
Disclaimer - Your money requires your due diligence! I merely analyze and bring out probabilities. All the best.
PFCPower Finance Corporation Limited is a Systemically Important Non-Deposit taking NBFC registered with the RBI as an Infrastructure Finance Company. It is engaged in extending financial assistance to the Indian power sector.
Right Now Stock Book Value 333 (PFC CMP 396 INR)
And Industry PE 19.3 & stock PE 5.85 (cheaper the industry PE)
So that if I buy 100 Stock then here I buy 20% only and will wait for a retest 50% zone balance buying .
Nifty spotThe upside view and the downside view are given to everyone here based on the retracements to the upside/downside starting from the lows of 21998. There isn't much to tell here except that when you are able to pinpoint a swing whether minor or major in nature and are able to take out ONLY the retracements....... every trade becomes a winning one.
NHPCNHPC, a Mini Ratna category I public sector utility, is Government of India’s flagship hydroelectric generation company. The company is primarily involved in the generation and sale of bulk power to various Power Utilities. Its other business includes providing project management / construction contracts/ consultancy assignment services and trading of power.
HOW IDENTIFY INVESTMENT CONCEPT : WHEN INSTITUTION TAKE PROFIT AVERAGE 50% IN DOWN MARKET. THIS CASE 76INR.