PVRINOX is at the support of trendline. This will be an good short term buy.
Nifty Analysis - Stance Bullish ⬆️ Recap from yesterday “Nifty looks perfectly neutral from here, the moment the support of 21491 gives away — we can start looking for bearish opportunities. To go bullish the ATH has to be taken out. With the IT majors TCS and INFY declaring the results — we should have a strong swing direction tomorrow.” 4mts chart link Major...
CIE INDIA Chart Looks good. Trendline Breakout scenario looks possible. One can Keep in their Watchlist.
BankNifty Today Analysis - Stance Bearish ⬇️ Look at what the Gap-up did today to BankNifty, it messed around with the resistance level of 47539. Was it a genuine break? Absolutely NO. Would that have shocked the Bears? Absolutely YES. Gaps are the easiest option available for the manipulators to scare off the retail crowd. 4mts chart link Again the 280+pts...
This is just for educational purpose. trendline breaks & sustain above trendline
Key levels: Support: 127, 110 Resistance: 154, 170 Key Description: The stock has a moderate Market Cap of ₹809 Cr. with a current price of ₹146. It exhibits a relatively low P/E ratio of 16.6, indicating potential undervaluation compared to the industry average P/E of 41.8. The stock's book value is ₹101, and the Price to Book Value ratio is...
1. Trend - Bullish 2. Breakout - Yet to confirm 3. Consolidation before breakout 4. Strength - Very strong
Hello Traders, Welcome to SriTrader5121 -------------------------------------------------- Bank Nifty - 04/01/2024 - Levels IMPORTENT ZONE FOR THE DAY: 47675 – 47690 Important Support and Resistance for the Day... Support - Resistance - Support-1: 47675 Resistance-1: 47878 Support-2: 47500 Resistance-2: 48110 Support-3: 47407 Resistance-3:...
Made 'W' Pattern in the weekly time frame, looks bullish if breaks w pattern also, there is trendline, if both breaks go for long.
Key levels: Support: 780 CL Resistance: 900 950 1000 Description: The stock is getting ready to break the trendline after a very steep downfall. Lets track the stock and see how the things will work.
Tata Chemicals- Handle formation in progress. Need to break the resistance of 1070 which is also clashing with the trendline resistance. Once broken target of 1200 can be easily reached. Note: This is for educational purpose only.
EID Parry has made double bottom after about a year of consolidation. Now it is ready to give a breakout which will break its lower-high pattern and give a boost for new highs. Stock has seen good volumes during past a few weeks, giving confidence for a breakout soon. CMP: 565 Breakout level : Today's high (579) SL: 560 Targets : 540 / 700 Disclaimer: I'm not...
ZEEL (1D TF) Swing Trade Analysis given on 3rd December, 2023 (Sunday) Pattern: SYMMETRICAL TRIANGLE - Volume Spike Near Resistance Trendline - Done ✓ - Trendline Breakout - In Progress - Retracement + Consolidation - In Progress #stocks #swingtrade #chartanalysis #priceaction #traderyte #zeel
Hello and welcome to this analysis The index has always performed in line with the Nifty except in the brief period of 2018-2020 when it underperformed. Currently attempting to break above the rising trendline formed in the Monthly time frame with crucial support near 42000 and next resistance near 45000 Check out the outlook of the Nifty Small Cap Index from...
Banks fell badly (especially SBIN & SBI Card) after the new RBI card rules, which was a drastic reaction. NSE:SBICARD is currently in the accumulation phase after creating strong support at 730. Once the level is broken i.e. 750, I expect a big up move.
So well NIFTY is currently trading at 20068 points with -BIG Support levels at 1.19207.75 2.18832.75 -Resistance levels at 1.19877 2.19983 3.20228 The index well is near its highest resistance level that is 20228 which was actually achieved because of the G20 summit that was held in india that had crossed resistance levels at 19983. Now looking at the RSI...
Breakout in BPCL @398.00 Weekly Chart basis. :: Data Point :: Breakout Level: @398.00 1st Target: @420.00 2nd Target: @470.00 Stoploss Level: @372.00 Note: BPCL traded above 200 EMA as well as Good Volume showing its Breakout poteintiality.
Stock is obeying the trendline from the past few months as shown on the chart. stock is taking support on 200 moving average. Can hold it for at least a month or 2 for the desired target. DO NOT TRADE IF BREAKS THE TREND LINE DISCLAIMER - Analyse yourself before investing. HAPPY TRADING