BankNifty Analysis - Stance Bearish⬇️ The bearish call on the BN was spot on, but we ended the day less bearish than N50, for me that is not good enough. Most importantly, BN did not breach the support of 47465, this was very crucial for the momentum to build. I am not exactly sure if we will start negatively tomorrow or not, a huge gapup or gapdown may work in...
This support fails if day candle closes below support region. This is for educational purposes only
**Technical Analysis Chart Description:** Welcome to my Technical Analysis charts on TradingView! Before we dive into the analysis, it's essential to understand some important warnings: 1. **Subjectivity Alert:** Technical analysis involves interpreting market data and chart patterns, which can be subjective. Different analysts may interpret the same data...
**Technical Analysis Chart Description:** Welcome to my Technical Analysis charts on TradingView! Before we dive into the analysis, it's essential to understand some important warnings: 1. **Subjectivity Alert:** Technical analysis involves interpreting market data and chart patterns, which can be subjective. Different analysts may interpret the same data...
**Technical Analysis Chart Description:** Welcome to my Technical Analysis charts on TradingView! Before we dive into the analysis, it's essential to understand some important warnings: 1. **Subjectivity Alert:** Technical analysis involves interpreting market data and chart patterns, which can be subjective. Different analysts may interpret the same data...
EID Parry’s Q4 results are not announced yet and that’s one major reason the stock hasn’t moved decisively. Once results are out of its way, it is likely to continue its journey up (unless results are too bad). Any fall towards 590-580 levels should be treated as an opportunity to accumulate. This is not a trade recommendation. Please do your own due diligence/analysis.
As mentioned in the 5th May post, any fall towards 570-560 levels can be treated as an opportunity to buy. The stock shot back up to 610+ levels today (9 May’24). It could still spend some more time but 20% in near term is very possible. Have conviction in the idea even before you invest Rs 100 in it. This is not a trade recommendation. Please do your own due...
Downside entry at 22168 First target 22003.80 Last Target 21793.80 Upside Entry 22284.45 First Target 22400.25 Last Target 22543.55 Fib Levels 0.5 and 0.618 are important levels both are reversal zones
**Technical Analysis Chart Description:** Welcome to my Technical Analysis charts on TradingView! Before we dive into the analysis, it's essential to understand some important warnings: 1. **Subjectivity Alert:** Technical analysis involves interpreting market data and chart patterns, which can be subjective. Different analysts may interpret the same data...
Divis- CMP 3847 That's an ascending triangle forming in the B leg of the 2nd wave correction. So two opportunities one is shorting the C leg which is very strong. And then for investing and trading at the end of C wave.
Inching towards a new ATH value IC in the making Closing more than 50% of the previous candle HSL 105 can be good to exit
Good morning, friends🌺🍬! Here are the directions for May 9th: Still, the global market maintains a moderately bullish sentiment, while our local market sentiment indicates a moderately bearish trend. It might open with a neutral to slightly gap-down start, as suggested by GiftNifty, showing a decrease of -15. Nifty had a solid pullback after the minor correction...
BankNifty is structurally a little different from Nifty. If the market takes a pullback initially, we can expect a minimum of 38% on the upside. After that, if it rejects there (around 38%), it may undergo consolidation between the previous low to 38% for correction. on the other hand, if the pullback breaks the Fibonacci level 38% (upside), then it may continue...
Dabur CMP 556 The correction is still not over in this counter. The B leg of the correction is a descending triangle and is now complete. The C leg should start from here. Look at the RSI oscillating between the bear zone 60-65/ 25-35. Further strengthening our case. First target will be 433.
Bata CMP 1320 The stock has been in a prolonged down trend. In my view it should bottom around the 1175 zone where it will find Fib support as well as channel support.
What are the prospects for Bajaj Auto company shares for 5 years? Investment/Disinvestment Rationale Bajaj Auto Limited is an India-based manufacturer of motorcycles, three-wheelers and parts. The Company's business segments include Automotive, Investments and Others. The Company's vehicles include two-wheelers and commercial vehicles. Its two-wheelers include...
+Stock is forming corrective abc pattern then it long period consolidation we can see all time high breakout in this share as per candle behaviour. I have market all wave pattern in this share you can ask me any question in comment section First target is 957 second target is 1176 Third target is 1293 Thanks