There is a very high chance that the correction in the Nifty 50 is close to being over. Gift Nifty also looks ready for a new rally. I have already shared the chart. Now there are two scenarios possible. 1. Nifty 50 takes one final dip to test the lower range of the box. 2. Nifty 50 stays here and consolidates until the midcap and small-cap indices catch up,...
Big bullish divergence has formed on the 4-hour timeframe. Looks like we might get a post-budget rally instead of a pre-budget one. Correction in Nifty50 is very close to an end, if not completed. Retailers are being thrown out before the rally. Have patience for one week. HODL.
A very strong base formed at 151.15. We can expect a good reversal from here. Few resistances are on the way, but the risk-to-reward ratio looks very good.
Such a precise and beautiful setup. Everything is written on the chart. The orange bar is on the weekly chart, and the blue lines are on the daily chart. Good luck.
Pnb Housing Finance: Q2 Cons Net Profit 4.7b Rupees Vs 3.83b (yoy); 4.32b (qoq) || Q2 Revenue 18.8b Rupees Vs 17.78b (yoy) PnbHousing Finance: Q2 Gnpa 1.24% Vs 1.35% (qoq) || Q2 Nnpa 0.84% Vs 0.86% (qoq) 7-year breakout retest appears to be successful. Phenomenal results were posted today. Expecting a solid re-rating. Hold for wealth creation. This has now...
The stock has successfully retested the breakout zone on Friday and today. The trading volume is relatively low, presenting a favorable buying opportunity with limited risk. The stop loss will be set at the blue bar. The breakout zone is between 903.25 and 913.70.
Breakout is supported by high delivery volumes in the last few trading sessions. It will retest the recent high of 1200. This presents a good opportunity to buy.
Worst stock ever to be listed on the Indian stock exchange. A clear flag and pole pattern formed on the monthly chart with a target of 2.8, in line with Goldman Sachs' target of 2.5. Retail investors should stay far away. The AGR outcome was the final nail in the coffin. Buy at 2.82 if you wish.
171 is the ideal entry price if entered after the retest. This is such a massive breakout. 25 years!!! The crazy thing is it also did a retest. This stock will soon trade above 600. It being in ASM has halted the fast movement. This can create generational wealth in the next 10 to 15 years. Hold this for your next generation. You don't see such breakouts often....
The stock corrected almost 15% in 2 days. A sharp fall after facing resistance at the 1182 level, which is a 6-year resistance. We will now only follow this 4H TF chart. Support was taken exactly from the 1015 zone. The stock will consolidate here. EMAs will catch up. The 1400 zone will be the next resistance.
Institutions increased their holdings @1097. MS has upgraded the target price to 1500. The chart looks absolutely beautiful and clean. Heavy volumes accompany each upward movement, followed by very low volume consolidation. The stock is moving at a very good pace. The valuations are very cheap even after around a 45% upmove. Bajaj IPO valuations after listing will...
Excellent breakout with good volume. 353 is the next target. Hold for the next 10 years; it will create generational wealth.
This is what happens when smart money enters in very large amounts. Also, the hype surrounding the Bajaj Housing Finance IPO is the reason for its listing around a PE of 50. The chart is incredible, with the pink channel as your support and stop loss. Volumes during the entire rally have been amazing. This rally might continue till the 1400 zone, which is the...
It appears to be poised for a breakout, with significant trading volumes observed. The delivery volume has been exceptionally impressive, indicating the potential for a substantial upward movement in the near future. My target range is approximately 280 to 300, with a possibility of reaching 353.
A clear inverse head and shoulders breakout has occurred on the weekly timeframe. Strong volumes are supporting the breakout as well. Expecting a significant rally from here.
This is such a beautiful monthly chart. There have been insane volumes this month. There has been excellent buying by institutions. It is one of the cheapest housing finance stocks in the market. There are strong sentiments with a turnaround story. Patience has been rewarded; now, people who bought with me should hold this gem for the coming quarters. We are in...
Today's cleanout trade was a big, big piece of good news for the upward movement of this stock. It was an overhang that is finally gone. The block deals floor price was set at 775, but the trade was executed at 803. The entire trade was consumed in the pre-market window. As we know, the stock had given an 8-month breakout last month. Today, the stock gave a...
This looks very promising. Ready for a massive rally. Inverted head and shoulders pattern completed. A breakout this week as we await Powell's speech on rate cuts?