Biocon is among few stocks which did not participate in Pharma bull run. However stock has recently given a big volume bounce from its demand zone. 295-300 is an important zone to watch out for as it is a confluence of trendline resistance as well as 200 Week EMA. 1st breakouts are normally traps so use pyramiding to save your capital. If stock posts good...
Stock has closed with good volumes and good momentum and managed to close above Fibonacci No which is 61.8 one can look to buy abv 2405 sl 2220 tgt 2550. Disclaimer: I am not SEBI registered Analyst Kindly consult your financial Advisor before taking any trading decisions.
FET/USDT crossing rsi trend line, RSI divergence formed and volume is rising which indicates that new all time high coming again. Target is 3.75$
Overview: Reliance Power Limited (RPOWER) has recently exhibited significant price action, forming a cup and handle chart pattern, which typically signifies a substantial bullish trend. Coupled with strong volume and positive indicators across multiple timeframes, the stock presents a compelling opportunity for investors. Cup and Handle Pattern: The cup and...
AGIX volume is falling and bearish divergence formed so we can expect buy chance. fair price : 0.896 SUPPORT : 0.577
FET shows clearly weakness becoz of decreasing volume and bearish divergence. best time to but fet fair price: 2$ much lower support : 1.2$
🔍Today is Tuesday, and it's a favorable day for trading. The cryptocurrency I'm analyzing today is Bitcoin. In the initial candle of the day, Bitcoin experienced a downward movement of around 6%, reaching a support level of $63,054. We need to observe its behavior in the subsequent candles around this support level. 🌊From a Elliott Wave Theory perspective, we've...
Meghmani Organics Ltd 1) Time Frame - Weekly. 2) The Stock has been in a Downtrend since (May, 2022) & In a Consolidation since (January, 2023) . Now It has given a consolidation / downtrend breakout & Closed with good bullish momentum in Weekly Time Frame. 3) The stock will find it's next resistance around the price 112.75 (13.75%) from the price 99.15. 4)...
1.Strong Trendline rejection 2.once the chart sustains above 149 level it can go up for sure 3.volume also increasing
Chart analysis: Pattern: Symmetric triangle pattern BO happened and re-testing of BO is happening. Breakout: BO of 1.5 years trend line and support is taken at 0.618 which is Golden Ratio . Volume: Volume action is clearly visible near breakout zone. Trade setup: Entry price: Close of 1400 price break candle. Stop loss: Below 1320. Target 1: ...
BIRLACORPN 52week breakout with volume rise and very important point is stock is retext & give a good support zone which is already broken resistant zone with h volume . respect SL ... like me of discipline trader large multicap company . .Company has delivered good profit growth of 19.3% CAGR over last 5 years holdings :-))) a) Promoters 73% b)FIIs &...
Procter and Gamble health is a pharma stock which is on the verge of giving horizontal level breakout. A weekly closing above 5500 will confirm the same. Stock is looking very strong with rising volumes. Keep in watchlist. This will be a slow stock.
Hey traders and investors! Let's explore the exciting world of Ingersoll-Rand (India) Ltd today, NSE:INGERRAND incorporated in 1921 is engaged in the business of providing solutions for infrastructure development, industrial solutions and climate control markets. Today, the company has emerged as being amongst the largest exporters of engineered goods in...
Chart analysis: Pattern: Basing pattern is formed. Consolidation might happen near breakout zone after a big rally. Breakout: Basing pattern is broke the All Time High (ATH) price after 16 years. Volume: Volume action is clearly visible near breakout zone. Trade setup: Entry price: Close of 148.40 price break candle. Stop loss: Below Low of price...
Chart analysis: Pattern: Rectangle pattern is formed when the consolidation takes place. Breakout: Rectangle pattern is breakout happened on 24-Jan-2024. Price might comes to 770 for re-test of the BO. Volume: Spike in volume in BO candle indicating big players are interested. Trade setup: Entry price: Between 769.45 and 802.85 Stop loss: Below...
GOLDIAM INTERNATIONAL (DAILY TIME FRAME) This stock Trading 193 level Now. This Stock breaking the resistance zone of 190 range with huge volume. if this level sustains above 190 level expected to move 229, 250 and 333+++ on coming Days...
TATA STEEL KEY RESISTANCE LEVELS (136/138). The stock has been facing resistance at 136/138 levels multiple times. We saw a breakout candle on 2nd Feb. Follow-up buying will lead the stock further higher. Stock price if sustains above these levels Expected move upto 160 , 180 .
CMP : 128.10 STOPLOSS : 101.50 TARGET : 184.65 This is not a buy or sell call, analysis is shared for educational purpose.