As marketing Dynamics have shifted towards the bull run after a long period of consolidation. Nifty witnessed strong rally in last trading day and touched record high. Where lot of sectors and stocks have shown significant run up but CDSL is still available at 30% discount, If we look at its financials there is no red flags concerning its fundamentals. We can...
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...
Lic housing finance 1Dtf forms a perfect evening star pattern at a resistance which is a sign of trend reversal. Stock looks bearish
1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula: - Stop Loss Amount/(Buy Price - Initial Stop Loss Price) 4. Sell on initial Stop Loss hit or RSI close below 40 5. Some other ways to sell stocks can be a. 25% or 50% up in three weeks or less b. Weekly tailing tops with high volume c. Exhaustion...
I was not able to share this in morning but you can see how levels worked. as you know yesterday we were in bearish mood but it didnt form a resistance at levels and start making Higher highs.
I was not able to share this in morning but you can see how levels worked. as you know yesterday we were in bearish mood but 1st 45mins has spoiled all everything.
1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula: - Stop Loss Amount/(Buy Price - Initial Stop Loss Price) 4. Sell on initial Stop Loss hit or RSI close below 40 5. Some other ways to sell stocks can be a. 25% or 50% up in three weeks or less b. Weekly tailing tops with high volume c. Exhaustion...
Wait for nifty to reach at resistance levels and let it form proper resistance and then we can go for bearish trade till support levels
Wait for price to reach at resistance level and let it form proper resistance an then go for bearish trade
trend line breakout in stock breakout and also retested trend line now price giving up move up side rending movement after braking 8850
This stock was already in Bullish trend with max put writers before news came. After news of x% stack sell it stabled and now again its on bullish trend yesterday sellers could not grip on this and made doji candle but today it has strong green candle and more buyers. It can be good opportunity to enter in this stock upto 240-250 price. best of luck
after a big gap down infy consolidated in certain price range form here it given range breakout it may try to fill that gap nifty it is turning back It stock will get movement from here
NIFTY50 index has approximately fallen 1500 points from all time highs of 18900 levels and a possible reversal is coming from major support areas of 17200 to 17000 , there maybe a start of another rally towards all time highs and also towards 20k levels in the index . A good bottom formation and a breakout of highs can give confirmation of a trend change , so for...
BUY - FCS SOFTWARE SOLUTIONS CMP - Rs. 2.50 Target - 1: Rs. 6.50 Target - 2: Rs. 13 Target - 3: Rs. 26.50 . . Technicals - Multiple Line BO . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
Current market movement looks like a beginning of a downtrend according to Elliott wave theory. A small pullback taken by the market and from point A it's taking resistance. confirmation of downtrend would come if point B breaks and market continues to rally down.
Dear All, So finally yesterday, Nifty had touched the level of 17800 . However, being unable to sustain over the same, it failed to give us a closing of above the stated level, and ultimately we got to witness a closing of 17769 approx. Besides that, we had also witnessed a selling pressure in many of the stocks, yesterday. Well Just as we had...
Motherson Sumi Wiring India Limited is a leading and fast-growing full-system solutions provider to OEMs, in the wiring harness segment in India with a market cap of Rs. 22,000.00 . The stock is currently in a range and on strong support @ 50.45 . Aggressive traders may take entry at CMP @ 49.90 as the stop loss is very low. Safe Trader , enter the trade after...
Stock has been consolidating from past one year after a giving a strong rally of more than 300%. On 19/04/23 stock has finally given breakout from its downtrend. Price level of 275-280 which was acting as immediate resistance for the stock has been broken. In this week, if price manages to close above this level we can expect a decent rally in coming days. All the...