Range bound day with market hovering on the resistance side at 25300 and expected to touch an extension of 25350+-. Once in the day expecting 25260+- which can be a soft entry with 20 Risk. No entry points as for now or will Risk 25300 at current mp. #researchanalysis (to study theta decay in case of upside market and its %)
📉 BEL has shown a clear trend line break down in a daily time-frame. 🔰 It has broken down with a good short volumes. RSI also broke the 40 levels. 🟥 Short : 290 🎯 Target : 287 / 280 🛑 SL : above 295 ⚠️ Disclaimer : it's not a buy/sell advice. It's a view purely for an educational purposes.
✅ The stock has rebounded strongly from the 50 EMA and is approaching the upper trendline of the channel. This indicates renewed bullish momentum. ✅ Immediate resistance lies around 725. A breakout above this level could push the stock higher. Support is seen at 675, reinforced by the 50 EMA. RSI is near 56, showing positive momentum with more room for the upside.
✅ The stock is trading within an ascending channel, indicating a sustained uptrend. It recently tested the lower support of the channel and has bounced back strongly. ✅ The stock is heading towards the 100 level, where it may face resistance and if breaks it successfully a new rally will start. Support remains strong around 85, reinforced by the lower trendline.
Based on VIP industries chart a hammer candle formed at a support level. A hammer candle is typically considered a bullish reversal pattern, especially when it forms at the bottom of a downtrend, indicating potential buying interest and a possible reversal. Breakout of Hammer Candle price has broken out above the hammer candle's high, which is another bullish...
✅ The stock is forming a flag & pole pattern, indicating consolidation before a potential breakout. It is testing the 185 resistance level, which could trigger a bullish move. ✅ The 100 EMA is acting as strong support at 168, reinforcing the uptrend. A breakout above 185 could see the stock heading towards 200. RSI is trending at 64, signaling bullish momentum...
✅ The stock has formed an inside candle pattern near the 700 resistance level. This pattern suggests consolidation before a potential breakout. The price is also supported by an upward trendline. ✅ RSI is at 66, showing bullish momentum with room to move higher if the breakout occurs. ✅ A confirmed breakout above 700 could push the stock toward 750 in the short term.
The trend line/Falling channel breakout confirmed and retested. Now its a clear entry and its supported at Weekly support line also creates a high confluence zone. JioFin future outlook is very bright. Its my idea only, trade as much as your conviction and risk appetites..
INDIGO PAINTS LTD is looking strong upside. Entry for long term trade You can go for it after doing your own analysis. entry price target and stop loss has been updated in the chart. ONLY FOR EDUCATIONAL PURPOSE..!
for educational purpose only market moved in a range today it was a sideways move tomorrow we should look for breakout it will find a resistance at 535 and support at 355 look out for breakout of these levels it may touch 52000 level if it moves up
Company has reduced debt. Company is almost debt free. Company's working capital requirements have reduced from 89.4 days to 40.2 days
Bank Nifty (Left Chart) 30 August: There is a significant red candle indicating strong selling pressure, but the price remains above 50,500. 31 August to 1 September: There is a strong recovery with multiple green candles, showing that buyers are gaining control. The price moves above 51,250, indicating renewed interest in Bank Nifty. 2 September: The price...
Date 05.09.2024 Bajaj Holdings And Investment NSE: BAJAJHLDNG Timeframe : day chart
Date 05.09.2024 Tilaknagar Industries Ltd NSE: TI Timeframe : Day chart
Sharda Motor Industries on daily chart seems to be in Wave IV that began on 9th July’24 and likely to come down to 2000-2050 levels as seen in the chart. This consolidation can go on for a few months. Thereafter, the stock shall move up as Wave V (in five smaller waves) towards 3700+ levels (a 80% jump over corrected price), also marked in the chart. The stock...
Date 05.09.2024 Power Finance Corporation Timeframe : day chart
Laurus Labs cmp 489 by Weekly Chart view - Support Zone at 445 to 460 Price Band - Volumes are increasing week after week - Price sustaining over the Rising Support Trendline - Price sustaining above the Falling Resistance Trendline - Weekly basis : Support at 415 > 365 > 306 with Resistance at 530 > 589 > 660 > ATH 723.75 - *Bullish Cup & Handle formed with...
MRPL is trading in range (consolidation) from Feb 2024 as per the daily time frame charts. Stock is making symmetrical triangle pattern as per the charts. Stock will breakup from the long period of consolidation and is likely move up considering trend in markets and lower crude prices. Also, there is squeeze in Bollinger bands and RSI is in the buying...