i think the stock is turning its trend into positive although a good spike has been seen but after a short profit booking i again see the stock to touch good levels that may surprise !!!!!! stop loss in such stock is compulsary!!!
posting it because someone asked me to do so on twitter!!!! let it come to the levels where it would be a favOur able risk reward as it is always better to not to take a trade then to take a wrong trade ... i can be wrong!
It appears as if BTC is getting traded in an ascending parallel channel and currently it's around the middle of the channel. The price of the pair is hovering around Fib level 1 and the volumes are gradually decreasing. MACD is +ve and the divergence is too high. RSI is hovering around 83. Way to high in my opinion. With all the above observations I'd expect to...
dont think the 17% weightage holder of banknifty will sustain the levels and thus can drag bank nifty to lower levels ...
There is clear selloff at higher level seen in this counter. For chart pattern we need to wait for confirmation.
LOOKS SYMMETRICAL BREAKOUT TOO WITH VOLUMES LOOKING TO GO LONG IN THIS NOV 14 IS THE RESULT SO KEEP STRICT STOPLOSS TO AND NEXT MONTH FOOD POLICY IS ALSO ARRIVING SO I AM KEEPING MY BULLISH VIEW FOR LONG TERM TARGETS ARE BELOW BUY : 65 TARGET : 85+ SL : 55 PERSONALLY INVESTED I AM A BEGINNER SO IF ANY MISTAKES PLEASE LET ME KNOW ITS PEER COMPANY KRBL ARE IN...
Break out happned with volume. Currently retested the break out line. EMA Support. RSI in Buy Mode. Other Details Mentioned in Chart. Positional View. I am not SEBI Registered Financial Advisor.
On Weekly Chart Stock has Break Out with Heavy Volume. Multiple Break Out. Details Mentioned in Chart. Investment View. As per Internet Data : Stock PE : 18.55. Industry PE : 49.05. Book Value : 236.10. I am not SEBI Registered Financial Advisor.
CANFINHOME stock price bounce from the medium team support zone 508/538 ready for target of 650+ by keeping stop loss below 473. 1. we can RSI divergence. 2. MACD is positive. 3. RSI above 50.
It has been observed that the price action is trending down technically but on the fundamental side the valuations are improving and looking good. Some of the key valuation indicators are as follows: 1. P/E: 13.3 (Undervalued) 2. Book Value: 74 3. Debt to Equity: 0.01 (almost a Debt free company) 4. Current Ratio: 3.3 5. Net Profit Margins: 30% 6. Return on...
CASTROLIND Is BUY Above 395.5 Target 400 SL@ 393 SELL Bellow 390 Target 387 SL@392
KSCL is a Buy Above 694 Target 700 SL@ 692 Short Bellow 687 Target 684/681 SL@ 690
Huge Qty traded in Wockhardt Buy above 590 on trend line Break. Maintain 582 as safe hold for 600 605 target.
Tata Motors - Last time I left at 464 & returning back again with bullish butterfly which is with volumes happening in 440-445 Zone. Some accumulation is going on in the pattern. Trading Plan Moving above 452.50 gives us 1st clue & later moving above 455-456 zone can confirm even further that Tamo wants to move upside. Volumes happening in the zone 440-445...
Plus - Huge volume of buyers this week. Though penny stocks don't really care about trendlines, but still taken nice support and gaining momentum. Minus - Still a bad stock to trade as nothing is working well in terms of fundamentals. STRICTLY FOR RISKY TRADERS as technical analysis never worked for me for penny stocks.
maruti Bouncing from support zones will test its previous highs soon .