BUY - WABAG
CMP - Rs. 354
Target - 1: Rs. 515
Target - 2: Rs. 710
.
.
Technical -
1) Trendline BO
2) Cup and Handle(nearing BO).
.
.
Fundamentals -
1) VA Tech Wabag Limited (NSE:WABAG) is considered a reasonable investment option due to its current share price increase of over 10%. Its price-to-earnings ratio of 12.34x is lower than its industry peers’ ratio...
According to the weekly chart analysis, TATAMOTORS has been experiencing a prolonged downtrend. However, there is a possibility of a significant upward movement if the stock breaks out of this downward trend.
TATAMOTORS is the largest player in the electric vehicle market in India, making it an attractive investment opportunity. As a result, we are monitoring the...
BankNifty Analysis for Tomorrow 14th March 2023
As per our analysis for Bank Nifty, we are expecting these below levels tomorrow, kindly check the charts on 15 min time frame and act accordingly.
Previous Close : 39564.70
Buyers can be active above : 39564.70
Level = TGT 1 : 39784 | TGT 2 : 39936.40 | TGT 3: 40061.80
Sellers can be active below :...
BANKNIFTY FUTURE ANALYSIS ON 1 HOUR CHART
WE ARE EXPECTING THAT BANKNIFTY CAN TOUCH 40600 LEVELS WITHIN NEXT 2 OR 3 DAYS AROUND.
IF BANKNIFTY FUTURE DOESN'T SUSTAINED ABOVE THESE LEVELS 40600 THAN IT CAN RETEST AGAIN 39900 LEVELS IN THE UPCOMING DAYS.
ONCE IT WILL RETEST AFTER THAT WE CAN AGAIN EXPECT 42000 LEVELS IN THE MARCH EXPIRY ONCE AGAIN.
(Please check...
As the market sentiment turns bullish, Policy Bazar has broken its resistance after a small consolidation and form a series of higher high and higher lows with increased volume and it seems to be taking support from the 200ema and a channel.
Entry-598
Target-699 ( next high )
Stop loss-542 ( below 200ema )
Keep It Simple
Technical Analysis of Nifty50 index on 4H Chart by using exponential moving averages of 20, 50, 100 and 200 periods.
Also we use Fibonacci Retracement for the analysis of levels.
As we know that the market moves in the cycles of Expansion and Contraction.
EMA (20,50,100,200)
1) EMA lines are contracted after the expansion.
2) The 50ema and 200ema are almost on...
Hello Traders!
We recently saw the market analysis of Nifty50 using Elliot wave theory. Elliot wave theory can be very accurate when it comes to the market. You can get the analysis wrong, but if you apply the theory correctly, it can help you in more ways than one .
1. As we see on the chart, Wave 1 and Wave 3 were completed in 62 days each . This is not...
In this chart I've shown The white lines as support and resistance. once there is a breakout on either side The red and green lines are the targets on each side.
But the MACD has both EMA lines going upwards so The trend is probably going to be in bullish side.
Analysis Dated on 30/12/2022
So,
the BULLISH trade would be:
Buy: 151 (if clear breakout)
Target-1:...
As per my analysis, Bank Nifty Closed at 43216 and also broken this parallel channel in the last Friday session, I am expecting Bank Nifty Can Open Gap Down Around 100 to 120 Points, Near Around 43100 than It can Retrace till 43260-43290, If Not Break 43300 than we can expect again downfall till 43900, as per chart of 1 hour, 43900 is a strong level for...
Chart is 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...
LIBERTSHOE - After a long and big breakout, taking support @ .5 Fibonacci. Also at the level of previous weekly resistance, now treating as support. It can move upward and can give a good return.
Please take your trade as per your risk apatite. I'm a stock market learner.
Expecting Big Rally (Range Breakout)
Positive RSI
Higher High Closing
Keep on radar for November Month
Try to enter near retracement level around 440-445
Approx 10-12% rally Expecting
Tata Steel is forming a pole and flag pattern in 4 hours tf and expects an uptrend breakout in the coming month. I'm hoping for a price around 94-96 as a good entry point for short-term trading. Because of the previous major rejection, a reversal from the 108-110 level is expected on the above chart.
NSE:ICICIBANK
Hi Everyone
This is an chart of ICICI Bank same as the structure of Bank Nifty where we are in a bullish trend which has been extended.
Currently we are in L series in which we have completed 5 wave structure in M series, but rally has been extended and we are again in M series.
Completed wave M1 and we are in correction of wave M 2. We likely to...
POSSIBLE UP MOVE
EVERYTHING IS MENTIONED ON THE CHART
DEEP VOLUME ANALYSIS + BREAKOUT + ADVANCE ANALYSIS
NOTE - THIS is for educational purposes only. This is not any recommendation. I am not SEBI registered.
