Get started
EXIDED INDUSTRIES (-elliott-wave-theory)We can again see in the stock of a EXIDE industry that the alien wave theory is being formed and here you will see inside the chart that from the price of ₹ 300 to the price of ₹ 400, big players have made activity entry, which is working like an export and here we can see inside the stocks that the N Sled pattern is being formed, we can see where the stocks have made corrections in time along with the price and when such a chart pattern is formed and there is a breakout in it, then we see the stock going up, so here we can get to see very good price projections in the long term and here also we can clearly see the elliott-wave-theoryry being formed, so this can also be a very good example of elliott-wave-theory, you can clearly see it being formed on the chart with time, this is not an investment idea, we are sharing it only for educational purpose that how the technical things work on the chart, but all these things will be possible then When good profits are seen in the balance sheet of the company, the sales of the company increase and the profits increase, then all these things can be seen as possible. The share price does not move only on technical illnesses. The profits of the company should increase, then all these things start appearing in the share price of the company. If you want to invest, take the advice of your financial advisor and invest only after that.
NSE:EXIDEINDLong
by MARKETSUPDATES
polyplex Corporation (elliott wave theory)In the chart of stocks, you can clearly see that here we are getting volume indication as per Elliot Webb theory and in the long term within two to five years, we can get to see very good price projections in these stocks. All these things will depend on the fundamentals of the company. If there are changes in the fundamentals of the company, then the kind of technical analysis projections we are seeing, we will see all those things happening and a big move of the upward side can be seen in the stocks. We have taken the price projection of the stocks through (elliott wave theory) , whereas when the theory of the aliens is formed, there we get to see volume indication, which tells us that the big players have made their entry at the lower price and then as the fundamentals of the company change, the stock will keep performing in the same way. In this process, sometimes it takes two to five years, but we get to see very good returns. You can also use it for education purpose. If you want to invest then take advice from your financial advisor and only then invest. This is not a recommendation from our side. We are sharing your investment with you only for educational purpose.
NSE:POLYPLEXLong
by MARKETSUPDATES
SARLAPOLY By KRS Charts27th Nov 2024 / 3:30 PM Why SARLAPOLY ❓ 1. Stock was Stuck under 80 Rs. Resistance since many Years and this year in May it broke the resistance and sustained above 80 Rs. 📈 2. Fundamentally Good company with less than 15 P/E. 💪 3. With Accumulations on Higher TFs SARLAPOLY is making Cup & Handle Pattern. ☕ 4. As we discuss it already Broke 80 Rs. Range and recently it retests too on same resistance this makes my conviction strong on this 💪 5. Today giving 15 % Upside move with Strong Volume is confirmed Entry. ✅ Target is expected 145 Rs in Medium to long Term With SL of 78 Rs 1W Closing basis.
NSE:SARLAPOLYLong
by KRSCharts
2
Stock Analysis: Paramount Communications LtdIntro Paramount Communications Ltd. is involved in the manufacturing of wires and cables comprising of power cables, telecom cables, railway cables, and specialised cables. Clientele includes Indian Railways, BSNL, RailTel, Tata Projects Limited, Adani Renewables, Adani Power, L&T, Siemens, etc. Fundasmentals Market Cap: ₹ 2,378 Cr.; Stock P/E: 24.5 (Ind. P/E: 37.52) ROCE14.7 %; ROE18.4 % Compounded Profit Growth 3 Years: 202% Compounded Sales Growth 3 Years: 27% Technicals The stock has been trading in a box pattern for over five months. It has strong support around 69, followed by 63 and 48 levels. Resistance levels: 86, 98, 116 levels In the last couple of sessions, the stock showed a positive volume spurt, indicating interest among institutional investors. For greater returns, the stock should trade above 87 levels in the weekly closing. Similarly, 20EMA (black line) should cross above 50EMA level (orange line).
NSE:PARACABLESLong
by shanmurali
RECLTD - Downside target of 420 is OpenScript: RECLTD CMP: 491 TF:90 Minutes With today's move, RECLTD has done the following: - Broken down from the Symmetrical Triangle - Pattern target is 85 points - Broken the 200 DEMA decisively after multiple attempts - Closed below 500 (multiple attempts to close below 500 have failed in the past) - Broken 484 support - Trading below 20 WEMA for several weeks now - Trading below the cloud, Baseline and conversion line - 20 MEMA is placed at 420 levels.. If we dont close above 540 by end of Nov, most likely we will hit 420 in Dec - Taking support at the Weekly SuperTrend for now. Hoping for it to break and close below it (480) on weekly TF - 200 Period EMA on 90 minutes TF poses a strong resistance () Currently it is placed at 530. So any pullback to 530 level is a blind sell, unless or otherwise the candle closes above I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions.
NSE:RECLTDShort
by Murthy_Santhosh
MCX - Do you still want to chase FOMO? CMP: 6920 TF: Daily The current impulse from 2917.85 is on the fag end of the 5th move, and it could end/terminate anytime. Divergence seen on daily, although another 5-10% move on the upside cant be ruled out.. But be sure if you want to chase the price at this level just because of the latest price action moves. Just so can see, larger degree 5th is also in play now.. so, once this move is over, the pullback will be a bit deeper (retracing the entire move from 1140 level to 7K levels) Waves 0-1-2-3-4 Path with internal counts Investors - Trail your SL with tight SL Traders - Dont jump, better to wait for the right opportunity (significant weakness followed by a bounce is the ideal time to go short) I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions.
NSE:MCX
by Murthy_Santhosh