Keeping the faith on my scanner and investing in its throwup, i have decided to put in money on IRFC today, hoping to make good as my last trade. (though did not put in other two power sector companies which my scanner had given; and they did make good money). This is a swing trade - few days to a month or so holding period.
Jubilant FoodWorks is exhibiting bullish characteristics, with technical indicators suggesting further upside potential. Market participants should watch for a breakout above resistance levels, which could lead to a strong move higher. Keeping an eye on volume and price action will be crucial to confirming the strength of this bullish trend.
Muthoot Finance is currently in a consolidation phase within a bullish flag pattern, suggesting that the uptrend may soon resume. Traders should monitor the stock closely for a breakout above the flag's upper boundary, which would signal the start of the next bullish leg. Patience is key as we wait for this potential breakout to confirm the continuation of the uptrend.
IRCTC CMP 935 Investors The stock has given a brief correction from its previous highs. This dip is an opportunity. That support at 910 is a very strong one and in my view the stock will take a U turn from here. Breakout will happen after 4 years and hence to me it will be pretty significant.
TCS Breaks Out of Inverse Head and Shoulders Pattern: Bullish Momentum Ahead Tata Consultancy Services (TCS) has formed a classic inverse head and shoulders pattern, a well-known bullish reversal indicator in technical analysis. This pattern typically signals a potential shift from a downtrend to an uptrend. The structure of the inverse head and shoulders...
From a technical perspective, the Bollinger Bands as a whole are still upward, the MACD indicator golden cross continues to increase in volume, and the KDJ indicator also shows sufficient upward potential. Therefore, as a whole, the daily line is volatile, which does not mean that the weakness will continue, and the bullish outbreak may occur at any time. From...
Mastek Ltd. is trending up and has broken above the critical resistance level of 3000. Technical indicators are also gaining strength. Strong candidate for a short-term swing trade, if it sustains above ₹3,000.
HDFC Life Insurance: Uptrend Continues with Parallel Channel Formation, More Upside Expected HDFC Life Insurance is currently exhibiting a strong uptrend, with its price action moving within a well-defined parallel channel. This technical formation typically indicates a sustained trend, where the price oscillates between two parallel lines. The lower boundary of...
📊 Script: GODREJIND 📊 Sector: Chemicals 📊 Industry: Chemicals Key highlights: 💡⚡ 📈 Script is trading at upper band of BB. 📈 MACD is giving crossover . 📈 Double Moving Averages are giving crossover. 📈 Right now RSI is around 64. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 941 🟢 Target 🎯🏆 - 1000 ⚠️ Stoploss ☠️🚫 - 908 ⚠️ Important: Always maintain your Risk &...
Classic double bottom chart pattern formed in Polyplex. Price has corrected from top and after 2 years forming a bullish reversal chart pattern called double bottom. Double bottom is a bullish reversal pattern is forming after a strong downtrend. Price is printing lower top and lower bottom and finally price has settled at 760. Twice touch bottom at 760 formed a...
📊 Script: SUNTECK 📊 Sector: Realty 📊 Industry: Construction Key highlights: 💡⚡ 📈 Script is trading at upper band of BB. 📈 MACD is giving crossover . 📈 Double Moving Averages are giving crossover. 📈 Right now RSI is around 65. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 627 🟢 Target 🎯🏆 - 695 ⚠️ Stoploss ☠️🚫 - 599 ⚠️ Important: Always maintain your Risk & Reward...
📊 Script: HINDPETRO 📊 Sector: Refineries 📊 Industry: Refineries Key highlights: 💡⚡ 📈 Script is trading at upper band of BB. 📈 MACD is giving crossover . 📈 Double Moving Averages are giving crossover. 📈 Right now RSI is around 68. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 407 🟢 Target 🎯🏆 - 432 ⚠️ Stoploss ☠️🚫 - 393 ⚠️ Important: Always maintain your Risk &...
Silver bottom hunting ... Target achieved It was trading near support and thought of global crises to be bullish on it
Symmetrical Triangle Breakout Setup RSI above 65 and rising Trading above EMA50 Volume spurt 7+ months of consolidation Good quarterly results Disc: for study, not a recommendation
Borosil Renewables is engaged in manufacturing extra clear patterned glass and Low Iron Solar Glass for application in Photovoltaic panels, Flat plate collectors and Greenhouses. As We are moving towards developed nation we have to focus on renewables energy solution rather than traditional source of energy, due to his limitation. So our govt is taking initiative...
📈 Stock Name - Glaxosmithkline Pharmaceuticals Limited 🌐 Ichimoku Cloud Setup: 1️⃣ Today's close is above the Conversion Line. 2️⃣ Future Kumo is Turning Bullish. 3️⃣ Chikou span is slanting upwards. All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 3062. 🚨Disclaimer: This is not a Buy...
Monthly Time Frame Aug 24- 20 MA support, Fib 50% and Trendline Support Weekly Time Frame Lower BB Support- Daily Time Frame In trend channel - 1 Year- Consolidated at lower support and Breakout on 20 Aug 2024 Price taken 3 times resistance from 20 MA- Closed above 20 MA on 21st Aug 24 RSI- Bullish Range Shift Volatility Diversion- BB outside / Inside...
Union Minister of Health and Family Welfare Shri Nadda said: “The initiation of this Phase III clinical trial for India’s first indigenous dengue vaccine marks a critical advancement in our fight against dengue. It reflects our commitment to protecting our citizens from this pervasive disease and underscores India’s capabilities in vaccine research and...