On a Weekly time frame, RattanIndia Enterprises Ltd has given a breakout. The stock is trading at its 52-week high. It has a possible upside of 98, 124 in the long run. Also, good volume is seen (170.636M). The stock can retest 71 levels. One can place a stop loss at 60 (closing) on a weekly basis.
Disclaimer: I am not a SEBI registered analyst. All the stocks...
Union Bank of India is engaged in the Business of Banking Services, Government Business ,Merchant Banking, Agency Business Insurance, Mutual Funds, Wealth Management etc.
- Company has delivered good profit growth of 29.5% CAGR over last 5 years.
- the Largest PSB in Business Mix
- 9.4% Share among PSBs in Business
- Operating Profit ₹ 14,400 Cr
Increased by...
Based on the chart, RELIANCE INOS is in a bearish trend. The price has been falling for a while, and it is now at a support level of 2313.95. If the price breaks below this level, it is likely to continue falling. However, if the price can hold above this level, there is a chance that it could rebound.
Here are some of the key observations from the chart:
The...
Keep a close eye on the stock if sustained this week then we can witness a give a good upside in the coming days. Before breakout stock has formed the w pattern.
Disclaimer - The chart is shared only for educational purposes. Please do not trade ideas without consulting your technical advisor.
The Bandhan bank is looking good at this level and sustaining well above the resistance zone. keep on the radar.
Disclaimer - I am not a SEBI-registered technical analyst and advisor so contact your financial advisor and make a self-decision. I will not be responsible for any profit or loss.
The chart structure of ICICI Bank is very good at this level. Keep your eye on it.
Disclaimer - I am not a SEBI-registered technical analyst and advisor so contact your financial advisor and make a self-decision. I will not be responsible for any profit and loss
Hindustan Aeronautics cmp 3955 has been moving in a range for quite sometime and consolidating. A sustained close above 3975 would trigger next movement for 4300++ from here.
#capacite #trendingstock #bullishstock #demandsupplyzone
>> Potential Risk Reward more than 1 : 4
>> Good trending stock bouncing back from Demand zone & 20 EMA
>> Decent Volumes & Good strength in stock
Swing Traders should focus on 10% profit & keep trailling
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#hscl #swingtrade #bullishstock #trendingstock
>> Trending stock taking support of 20 EMA & bouncing back
>> Risk Reward Higly Favourable in this trade
>> Good Strength & Decent Volumes which can rise in coming days
Swing Traders should focus on 10% profit & keep trailling
Please Like or comment if u r Liking the analysis & Learning from it. Keep showing ur...
Gave a strong breakout after 5+ years (>444) supported with volumes and taking a breather for now before it take another leap.
A self explanatory textbook breakout.
Punjab Chem & Crop CMP 870
Retested it's previous base of 725-750 and took a good reversal supported with volumes.
This may initially approach for 1250-1450 levels from here and same shall be reviewed again around those zones.
In today's trading session, TECHM has given the major resistance line breakout. Keep your eye on the stock if 2-3 candles sustain above the resistance line it can be a trending move.
Disclaimer - I am not a SEBI-registered technical analyst and advisor so contact your financial advisor and make a self-decision. I will not be responsible for any profit and loss
The auto index is showing exhaustion, which means the auto stock may take a pause here. so if you have auto space stocks in your portfolio keep a watch on them and do a re-analysis of the stocks. closing below the horizontal line may reverse the trend of the index.
Disclaimer - I am not a SEBI-registered technical analyst and advisor so contact your financial...
ICICI Securities given double bottom formation on chart
breakout level is 577
if price sustain above 577 there will be more up side in stock
you can place target up to 734 after
This breakout level is resistance which will become support after breakout
once it break 577 price will suddenly rise after it may be some profit booking for intraday traders those who...
The chart pattern is suggesting that INFY is trending upside and today's closing is signaling that the stock has the strength to go up. As per the chart next stops should be 1333 and 1374.
Disclaimer - I am not a SEBI-registered technical analyst and advisor so contact your financial advisor and make a self-decision. I will not be responsible for any profit and loss
