SIEMENS, one of my favorite stocks as this stock has always obeyed the untold rules of price action without any hindrance. The stock has always been fundamentally very strong. Now the stock is trading at 7,968 at a very crucial level. the stock can plummet back to its Support Zone or if it manages to break the Resistance level (on the Daily as well as the Weekly...
POLYCAB has given a breakout today from a long consolidation and is currently trading at 7,541. The stock is fundamentally strong and has even given a breakout on the weekly TF. There is also a hidden Support-Cum-Resistance Level marked on the chart with a dotted line. So far, the stock looks good for a Long-Position and can expect to see targets of 8000 in the...
SONACOMS CMP at 631 has given a Doji candle exactly near its Support zone. The stock had been in a down trend for the last couple of days but the market never fails to follow its Golden Rules of Price Action. The stock has always taken support at this level and jumped back up. We can only expect the stock to go up from this level. However, there is very little...
SHAKTIPUMP, currently trading at ₹899.35, has shown a solid breakout above the marked resistance levels on the chart, indicating a strong potential for upward momentum in the coming weeks. Additionally, the stock has confirmed an ascending triangle breakout, reinforcing the bullish sentiment beyond the resistance level. This is a clear example of effective price...
Infosys (INFY) has been in a prolonged phase of consolidation, repeatedly testing a well-established resistance level over time. Despite multiple attempts, the stock consistently retracted from this level without delivering a decisive breakout. However, INFY has now closed convincingly above this resistance on both the Daily and Weekly time frames. This breakout...
ICICIBANK is currently trading at 1328.75, showcasing a strong breakout and successful retest at a critical level, where the previous resistance has now turned into support. The stock has consistently performed exceptionally well since its inception, supported by great fundamentals and a solid technical setup. With this bullish momentum, a significant rally could...
EIDPARRY currently at 896.40, can show a good bull run in the coming few days. The stock has broken its ATH and might retest the new support level as shown above and fly to the moon. EIDPARRY has always been a volatile stock, so trade safe. PS: 898.85 is a crucial level for the stock on the 5M Time Frame, its built a resistance on 898 levels.
INDIANBANK has been facing resistance at 600-610 levels. Can be a good make or break opportunity for the stock currently trading at 604. Indications and Financials seem good. Keep on radar. PS: The stock has already made a red candle on the 1 hour time frame.
JSWSTEEL has given a nice breakout after consolidating in a range for a few weeks. Bullish trend spotted, can be a good short term trade at the CMP.
Stock Name: Axis Bank CMP: ₹1160.50 Technical Analysis: Axis Bank is currently displaying strong bullish momentum. The stock has achieved a breakout, with the previous close decisively above the trendline, confirming a significant bullish setup. This move is supported by high trading volumes, indicating strong participation from buyers. Moreover the stock is in a...
M_M is showcasing significant potential for a strong upward movement. Here’s why: 1. Fundamental Strength • The company fundamentals are robust, with consistent performance and promising future growth prospects. 2. Technical Setup • The stock has broken out of a long-term trendline, signaling a change in market sentiment. • A successful retest of the...