DragonFly-Trading

DragonFly-Trading Updated 

Zydu LIFE currently at very good support, There is good volume around that levels. and crossed VAH. also there is a trendline. it might bounce from that level.

DragonFly-Trading Updated 

Hindcopper is breaking through strong resistance levels, and if a daily candle closes above the 348 mark, a potential upward momentum could be anticipated. The trendline has also been broken, further supporting a bullish outlook.

DragonFly-Trading Updated 

DBCORP has recently found support at a well-established trendline, with multiple candles confirming this level. An upward movement towards the 373 resistance can be anticipated. Entry is possible with a minimal stop loss for risk management.

DragonFly-Trading

Apollo Tyres: Technical and Fundamental Analysis Technical Analysis Long-Term Trendline A strong 2-year trendline has been established This trendline has provided support 7 times on the daily chart Current Market Situation The market is currently attempting to take support at this trendline If support holds, it could indicate continued upward...

DragonFly-Trading

Trendline Breakout: Tata Steel has recently broken out of its trendline. Current Position: The stock is currently sitting at a key support zone. Potential Reversal: It's crucial to wait for a solid bounce from this support level to confirm a reversal. Alternative Trendline: There is another potential trendline below the current support where the stock may also...

DragonFly-Trading

Previous Bullish View (4th October) Strong candle closed on the trendline Nifty moved up 200 points post-closure Current Scenario Reversal occurred Closed below the trendline Trendline currently acting as resistance Bullish Scenario Requirements Nifty needs to make a strong close above the trendline Key Points for Traders Watch for a convincing break and...

DragonFly-Trading

Following a 4% decline, the Nifty has found support at a significant trendline. This technical setup suggests the potential for a substantial upward movement. Given the recent pullback and the current support level, the index may be poised for a strong rebound, potentially offering considerable returns to investors.

DragonFly-Trading

IRCTC stock has shown resilience at key support levels. With the recent market correction, it may present a potential entry point for long-term investors. Some analysts project the stock could reach ₹1430 in the coming year, representing a significant potential upside. Fundamental factors to consider for IRCTC stock: Business model: IRCTC has a monopoly on...

DragonFly-Trading

Tata Steel has shown a significant technical breakout, successfully crossing a strong resistance level. The stock has already made an impressive 7% move, indicating strong momentum. While the current price action suggests potential for further upside, with a possible target of 184, investors should consider their time horizons: Long-term perspective: Entry at...

DragonFly-Trading

Wipro currently took support at strong support of 529 levels . and forming small pattern , can buy now or wait for retracement.

DragonFly-Trading Updated 

NMDC currently oversold, may be pullback from this levels, good support levels for long term entry.or you can wait trendline to break.

DragonFly-Trading

Maruti currently broke strong resistance, good entry for long term.

DragonFly-Trading

Manapuram currently at good support , can entry in this support or entry on trendline , or even wait for trendline to broke.

DragonFly-Trading

nifty support and resistance levels, no upcoming resistance for nifty. drew some trendline not that so strong.

DragonFly-Trading

Bank nifty support and resistance levels, 54197 is upcoming resistance for bank.

DragonFly-Trading

Bank nifty currently crossed strong support of 52340,no strong trendline found on bank.

DragonFly-Trading

Nifty exactly took support at trendline , and went to the upper trendline, rejected from there and huge down move. and again rejected from the down trendline. Today need to break that line for uptrend in nifty

DragonFly-Trading

Coal India has recently found support at the trendline, with the Volume Point of Control (POC) also aligning at this level. This presents a strong opportunity for a long-term entry, with the potential for a minimal stop loss. I'm regularly posting, make sure to follow