Market Cap- 3,613 Cr. Promoter holding 39.4 % Stock P/E 48.4 Industry PE 24.9 ROCE 23.7 % ROE 20.9 % OPM 19 % EBIDT growth 3Years ...
Looks like the formation of rising wedge pattern on chart of JK Cement. Most probably the price will come to trendline again for re-test and will take position there and can expect target of 2850-2700.
Falling Wedge Breakout is seen in AGS TRANSACT with volume and the momentum has been seen as well. Quarter 4 Results are due today i.e. 26th May 2023 but this call is purely on Technicals! Entry at 58.5 to 59 and Targeting around 73 with Stoploss of 49 to 50 on Weekly Closing is good for a Swing Trade. Ideally Targets are bigger if we go by Technicals but we are...
The stock is trading along the trendline for past 2 years. It has formed a wedge and will be looking for a breakout in the coming days.
Here I am sharing the daily chart of Sudarshan chemical it is looking that it created a falling wedge pattern now breaking out from that pattern and gives a proper breakout with a good volume jump in it so we can see coming bullishness in this stock for the targets of 423 and 450 in coming sessions stop should be consider below the upper trendline of falling wedge...
Bandhan bank is continuous downtrend and currently, we can see a bounce from its strong demand zone of around 200 levels. The stock is forming higher lows in smaller time frame. Looks like a good swing stock for targets of 250 and above. 235 might also act as a small resistance. Keep in watchlist. Trade as per your own analysis as this idea is shared only for...
bank nifty is forming rising wedge pattern (blank line) and double top (M) green line and there is a strong support trendline. If the support trendline is broken at 43888 level then possibility of reaching 43333 is high. if it takes support at 43888 level then market might retest and try to break all-time high. Don't be bullish or bearish trade with the market...
Siemens on weekly timeframe is forming a rising wedge formation. It is also formed at the top of the rising channel in which Siemens has been trading from quite some time, generally such formation are formed as ED formation in EW and can be a signal of truncated 5th in its impulsive wave upmove. Although, this post doesn't deal in great detail with EW wave...
DLF looks attractive Fundamentals: Strong, consistent on Sales, Profits, EPS, Growing Reserves Vs reduced debts.., Healthy Dividends Technicals: LTH Breakout, moving in rising wedge R1: 535 R2: 600 R3: 670+ SL: 420
Nifty is in failing wedge pattern if it sustains above 18210 then possibly it can reach 18414 level and there is another indication of W pattern or double bottom forming if it breaks the same level(18210) then it can reach 18418 level easily. From the Feb speed resistance fan it is taking support at 0.382 level(18110) and if it breaks then 18004 is the next...
banknifty forming a failing wedge pattern if it sustains above 43782 possibly it can try break the 44132. Buy above 43786(43700 CE) Target 43885, 44005,44132 Sell below 43579 (43500 PE) Target 43465, 43333,43186
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose
Buy clean science for longerterm ABOUT Incorporated in 2003, Clean Science and Technology Ltd is one of the leading chemical manufacturers globally. It manufactures functionally critical specialty chemicals such as Performance Chemicals (MEHQ, BHA, and AP), Pharmaceutical Intermediates (Guaiacol and DCC), and FMCG Chemicals (4-MAP and Anisole). KEY POINTS ...
Introduction In the world of financial markets, technical analysis plays a crucial role in understanding market trends and making informed investment decisions. One powerful tool in this domain is wave analysis, which has proven its accuracy time and again. In a recent BankNifty analysis, wave analysis beautifully predicted the index's movements, providing...
Bank nifty found found raising wedge breakdown in hourly, Stop loss and target mentioned in the chart
Their are to scenario of btc price movement. 1) BTC break falling wedge & retest then goes to 38K$. 2) If BTC break down side then, it bounce from demand zone at 24-25K$. and goes for 38K$ target
Welcome back to another episode of Wave Talks. Bank Nifty's Tidal Wave -Ride or Crash: Index can face a significant shift with the unfolding ending diagonal. Will you ride the wave to profit or crash on the shore? Unfolding wedge pattern It's time to reconsider Bank Nifty's pattern as it poses a risk. Let us discuss in details price objective & outlook for next...
BUY - TRIDENT LTD CMP - Rs. 32 Target - 1: Rs. 50 Target - 2: Rs. 67 Target - 3: Rs. 98 . . Technicals - Bullish Wedge BO . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!