GTL infra may be a next multibagger... Infra sector on the verge of breakout Triangke pattern breakout Monthly Trend line breakout Volume rising
Daily time has the largest volume buildup in since its IPO. Second largest volume buildup in the weekly timeframe. Maintain long term view. Price trading near its 52 week high range. Defense sector in boom after election. Caution - Small cap!!!!!! NOTE: I do my analysis, do your analysis before trade.
LTF is looking good with a strong breakout supported by good volumes Check the relative volume on the lower scale Can give a upside to the upper channel of rising wedge
In the Weekly Chart of ICICIPRULI , we can see that, it has given strong breakout with big candle. Let it retest and then Enter with SL and Targets. Expected momentums is shown in chart.
NSE:BANKNIFTY Maximum Call writing near CMP is at 50000 strike with 25.72 Lakh followed by 14.64 Lakh at 51000 Strike and 13.68 Lakh at 50500 strike and Put writing of 15.16 Lakh at 50000 Strike followed by 11.59 Lakh at 49000 Strike and 10.85 Lakh at 49500 strike. Index is closed near 49845 level. Index has resistance near 50250 level and if index crosses...
RELIGARE had given a Bullish Flag and Falling Wedge Breakout with above average volumes on 1D timeframe. The stock is also trading above 200EMA. Enter with proper risk management.
Saregama has been consolidating in an ascending triangle flag pattern since past 3 years after giving multibagger returns from 2020. Stock is getting ready for a breakout. If stock gives weekly closing above 360, stock can move quickly towards 500 and them to 750. Nifty media has been underperforming and this stock can fly once Media sector starts its bull run.
Natco Pharma Cmp 1082 dated 7-6-2024 1. Flag Pattern BO @ 1095 2. RSI BO Buy above 1095 target 1115-1130-1150-1180-1200-1280 SL 1030 It is just a view, please trade at your own risk.
Mazdock followed by stellar results agrees to make electric tugs. daily chart showing breakout. Volumes rising in 15m chart. Fundamentally strong stock. Disclaimer: Holding
Observation based on past 4 examples. Clear upside visible if it breaks this trend. Target4-5 is achievable in a month period if it takes positive direction. But keep booking it ones they hit my targets. Or trail it with previous levels (start with SL1) And ones it cross & sustains 3500 levels. There wont be any limits. If market itself takes negative direction....
On a weekly chart - Rising Wedge channel formed - Previous breakout gave 61% returns - Breakout in the current weak - Strong tailwinds
Good volume buildup in last couple of days. First breakout- symmetrical triangle breakout with good volume. Second conformation- recent ATH breakout with good volume. RSI divergence in 1day timeframe- positive indication. Wait for retest on trend line for conformation or breakout of current candle. NOTE: I do my analysis, do yours before trade.
As we can see despite various attempts and strong openings, NIFTY ends up closing in red facing resistance from the structure hence we can expect NIFTY being sideways to negative till it is below the structure. On the other hand, we can see NIFTY forming more like flag-pole pattern which is a trend continuation pattern hence we may expect a strong unidirectional...
IEX is giving positive signal of moving out the pattern Relative strength against Nifty also gaining strength & turns positive
In the Weekly Chart of GUJGASLTD , we can see that; it has given Cup & Handle breakout. Let it retest and then enter with SL and Targets. Expected momentum is shown in chart.
In the Weekly Chart of TCS , we can see that, it has given strong bounce back from 3600 levels. After Bounce back it has shown respect to the move and created a inside candle. Enter on breaking Candle's High with Low as SL. Expected momentum is shown in chart.
In the Weekly Chart of TIINDIA , we can see that, it has given Cup & Handle breakout. Let it retest and then enter with SL and Targets. Expected momentum is shown in chart.
NSE:NIFTY Maximum Call writing near CMP is at 24000 strike with 36.02 Lakh followed by 32.71 Lakh at 23400 Strike and 30.98 Lakh at 23500 strike and Put writing of 29.05 Lakh at 22500 Strike followed by 28.98 Lakh at 23400 Strike and 28.51 Lakh at 23500 strike. Index is closed near 23400 level. Index has resistance near 23450 – 23500 range and if index...