RML (RANE MADRAS) Made over a 6-year resistance breakout today on strong volume. Monthly vol is already higher than that of the last month. Its momentum (RSI), & relative performance to Nifty, both are strong. On this monthly chart RSI is strongly moving above 60, and the RS Line is rising above its 52-week MA. If the momentum sustains the stock can make some...
Date 19.08.2024 Fsn E-Commerce Ventures Ltd NSE: NYKAA Timeframe : Weekly Remarks : Technically rounding bottom + legends like Warren buffett & Relaince are entering in to cosmetic business & overall positive outlook for sector Regards, Ankur
STERLING TOOLS LTD. Made a 16-Month Stage-1 base breakout today on strong volume. The trigger appears to be the deal with S Korea’s Yongin Electronics for EV components facility in India. It made its footprint clear last week itself, though B/O did not happen. On this weekly chart RSI moved strongly above 60 for the first time after it went < 40 during mid-March...
DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and...
Date 19.08.2024 RPSG Ventures Ltd NSE: RPSGVENT Timeframe : Weekly chart Remarks : Breakout of cup & handle as well as gann angle. Weekly closing above neckline or neckline + gann angle is bullish closing. Regards, Ankur
DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and...
Bullish Outlook: Voltas is showing a positive trend and appears bullish. Breakout Confirmation: The stock has broken out of its 2021 range and has consolidated between ₹1300 and ₹1400. Entry Signal: Consider buying if the stock trades above ₹1600 with decent volume. Stop Loss: Set stop loss between ₹1530 and ₹1500 to manage risk. Target: Swing to positional...
Any closing above 900 could go to 2500 level after seeing cvolumes i am pretty much sure it will go there for sure
Advanced Enzyme Technologies Ltd. is an interesting chart in momentum with following 1. RSI on all time frames above 60 2. Price crossed above a box consolidation zone of 404 level last week 3. Breakout of six month long consolidation with high volume. 4. Narrowing Bollinger Bands on weekly chart 5. Price moving on upper Bollinger band on daily chart can...
Rounding bottom with fresh volumes. Targets(T1, T2, T3 & T4) mentioned along with expected time frames. Stop loss marked as SL. Can achieve better targets, should carry trailing stop loss once in good gains. Also keep tracking quarterly results to monitor performance.
Rounding bottom with fresh volumes. Targets(T1, T2 & T3) mentioned along with expected time frames. Stop loss marked as SL. Can achieve better targets, should carry trailing stop loss once in good gains. Also keep tracking quarterly results to monitor performance.
Last weekend we had a strong increase on Friday that broke the old peak to create a new ATH. This increase has caused the RSI indicator to enter the overbought zone. In my experience, when the price moves quickly and sharply while looking at the RSI entering the oversold zone, this is a sign of wave 3. - Currently we see the price falling to the 2500 zone, so...
Forming a good Pattern Only hurdle is near 570 Can be a buy on dip, with a SL of 494 Expecting 650, 800+++ It's just a view, not any recommendations.
DSSL Daily Chart Suggest 3000 Target possible in next 1 Year. We can see Flag Pattern Breakout on Daily charts & Targets seems to be 3000+ LTP - 1645 Targets - 3000+ Timeframe - 1 Year No SL as its long term investment peak. Happy investing to my friends.
Date 19.08.2024 Dr Reddy's Laboratories Ltd Timeframe : Day chart Remarks : If breakout out 161% extension of ascending broadening then high momentum breakout If breakdown base of ascending broadening triangle pattern then high momentum breakdown Regards, Ankur
#banknifty #nifty #option #trend Important points are marked. Bank nifty on Bearish side. All targets achieved ****Video is for education purpose*** ****Investing in stock market is subject to market risk do own research before investing****
apex fozen forming flag and pole stock is looing good for short term
Blackbox reverses after hitting its trendline support, a new high is coming soon. The stock is also above its 30, 50, and 100-day EMA. showing strength.