Logic: Trendline breakout with volumes. Chemical sector reversing. Fertilizer stocks are booming. RSI positive divergence seen. Breakout Confirmation above 2500. Levels mentioned on chart
Uco Bank Current weekly Narrow Cpr NIFTY wait for the breakout
stock given trendline breakout on weekly and daily chart with good volumes also breaks 50 & 200 DMA Company is almost debt free & maintaining a healthy dividend payout of 20.8% Alkyl Amines is a leading manufacturer of aliphatic amines in India. Aliphatic amines are products derived from Ammonia (NH3) by displacement of H2 in the Ammonia molecule by other...
Key Levels: Support: 73 to 70 Resistance: 79 - 83 - 90 Description: This stock is getting ready for another rally making it reach to the new zone of trading.
The market will remain sideways from 47650 to 47737. I will plan a finnifty short strangle or sell puts with appropriate risk to reward. Market sentiment today is bullish. So we can plan a bullish trade—SL with 47650 and Target as 47830. The market will be bearish if it sustains below 47600. The target will be 47450, and then I will trail. But for now, my...
NSE:TEGA cmp is 1150 you won't get better entry point than this hold it for long term tgt 10,000 is possible The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional. It is expected of each person to carry out independent...
reviewing NSE:MOREPENLAB chart posted on 20th August 2023 when the price was 38 now it has made a high of 53. 40% gains till now and more to come immediate 1st target will be 75 The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is...
BALAAMINES (1D TF) Swing Trade Analysis given on 18th December, 2023 (Monday) Pattern: FALLING WEDGE BREAKOUT - Breakout of Resistance - Done ✓ - Retracement & Consolidation - In Progress #stocks #swingtrade #chartanalysis #priceaction #traderyte #balaamines
NSE:CNXMEDIA Nifty media is the participant that will contribute in the 2024 rally. Nifty media has started forming a horizontal resistance around 2500 zone on a weekly chart After 2.2 years of consolidation it has approached the resistance with some strength and now within some weeks it can break out from this range. Keep an eye on the sector and its...
#Breakoutstock #stocktobuy #stocktotrade #stockinfocus #HFCL (1-3 months) : Momentum Stock >> Long Consolidation Triangle pattern Breakout >> VCP Visible in Triangle pattern >> Good Strength & Volume Breakout Swing Traders can lock 10% profit & keep trailing Please Like or comment if u r Liking the analysis & Learning from it. Keep showing ur Love Disclaimer :...
As we can see despite the bearishness, we managed to see a strong REVERSAL from the trendline followed by last month hence maintaining itself in the range hence for a directional move it must sustain on either of the zone and any signs of REVERSAL around these trendline could be an great opportunity to make positions with great R:R so plan your trades accordingly.
NSE:WIPRO cmp is 462 getting ready for the upmove, but i will wait & watch i expect one more dip towards 400 and then the upmove should start The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional. It is expected of each...
The stock is at a new high. Keep it in your radar. A close above this level (680) this week would strengthen an upward momentum. Good support at 625-615 level. However, always keep a strict stop loss as per your risk if trade doesn't go as plan. Note: Not a buy/sell recommendation. Please consult your registered advisor.
1. The stock halted its downtrend, finding support and consolidating at the golden ratio of 61.8%. 2. Following the consolidation, there was a significant volume breakout on the weekly chart. 3. This breakout aligns with the characteristics of an ascending right-angle triangle pattern. 4. Notably, the stock rebounded from the trendline support, previously a...
NSE:ASHOKLEY may give impulsive moves now it breaksout 5 years of resistance and also retest confirmed in weekly tf and daily tf takes first resistance in 2018 followed by 2022 and finally breakout in 2023 now this resistance acting as strong support also in daily timeframe retest of this support is confirmed my personal view is very bullish and its the best...
NSE:SHREEPUSHK cmp is 221.70 50% gains is possible from here immediate target will be 320 The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional. It is expected of each person to carry out independent research and evaluation...
-public holding in 2017- 22% -public holding in 2023- 15% -highest ever sales (TTM) & capex underway -losses from exceptional items may not impact in future
reviewing NSE:ZUARI chart posted on 8th Sept 2023 when the price was 162 now it has made a high of 193 immediate target will be 300 and if there is capacity to hold long term then 700 is possible key to success and big gains will be to hold with patience The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in...