Indieconomic

Indieconomic Updated 

The price violated the Head & Shoulder neckline in 1D and triangle support in 15m. The chart is simple and self explanatory. Disclaimer : The market is violate , avoid carrying position and discuss with you financial advisor.

Indieconomic Updated 

The chart is self explanatory with key level and analysed on basis on Support & Resistance , Parallel Channel , Fib and EMA. Thanks

Indieconomic Updated 

The chart is self explanatory with entry, target and stop loss and favourable risk : reward ratio.

Indieconomic Updated 

The chart is self explanatory with entry, target and stop loss and risk & reward are favourable. Thanks

Indieconomic Updated 

The chart structure is positive supported by multiple factors. Entry : Current Level Target : Rs. 2880 and Rs 3100 Stop Loss : Rs 2580 Thanks

Indieconomic Updated 

The stock is looking good as price above important moving average , fib support , healthy correction and flag pattern. Long: Entry above Rs 770 , Stop Loss Rs 740 and Target Rs 850 Short: Entry below Rs 750 , Stop Loss Rs 780 and Target Rs 650 Thanks

Indieconomic Updated 

It is an anticipatory opportunity in Glenmark; Entry will above Rs 550 with Stop Loss at EMA 200 and Target will be Rs 580 , Rs 600 and Rs 640. Points considered : Multiple Resistance Points, Price at EMA 200, Upward Channel Pattern, RSI, Fib Level and Good consolidation in past 3 months. Thanks

Indieconomic Updated 

Strong Fundamental with sales and profits growth. a) P/E 4.81 b) P/B 0.96 c) ROE 38.50 % d) ROCE 8.34% e) Dividend Yield 13.61% i.e., Rs 10 per share f) Operating Income has grown well for the company over past 3 years CAGR 38.02% Technical The price was consolidating inside Darvas Box past 6month and given a Resistance breakout Entry will be at retest...

Indieconomic Updated 

Nazara Tech consolidating from past three month, 4th Jan'22 candle was a gap fill attempt created on 2nd Nov'21. Support at Fib 0.382 and currently price above moving average 21 & 55 with resistance of Rs 2530. Correct entry will be above Rs 2550 with Target of Rs 2940 & Rs 3350 and Stop Loss will be Rs 2300. Thanks Disclaimer: Consult your financial advisor...

Indieconomic Updated 

The chart is self explanatory and price given a rounding bottom breakout. Thanks

Indieconomic Updated 

The chart is self explanatory. Entry above Rs 56 Target Rs 69 Stop Loss Rs 51 Thanks

Indieconomic Updated 

The price given channel breakout and retest the level for upward movement. Key Point : Cup & Handle Breakout and above EMA The entry , exit and stop loss in chart. Thanks

Indieconomic Updated 

The price at support level and 200 EMA will act as next crucial support . The RSI divergence observes in daily time frame with Higher Low and fib level supporting the current price. The price correcting in descending triangle pattern with double top rejection. For Long Entry, EMA will be crucial level for any long trade. For Short Entry, wait for 200 EMA...

Indieconomic Updated 

The price is range bound from past 3 months and chart structure is quiet positive for upside movement of 10%. If stock move for long pending gap filling, expect a further addition of 10-15% return. The entry will be above Rs 386 with target of Rs 420 and stop loss as per risk reward appetite Key Points : Range bound consolidation of price, moving average, RSI...

Indieconomic Updated 

After the long consolidation, the stock has given breakout and return of 100 % in past 3 months. ATH level of Rs 300, price corrected by 25 % and currently given a pole & flag breakout. It's small cap stock, invest cautiously with proper research and risk management theory. Entry at Current Level , t1 Rs 300 t2 Rs 350 t3 Rs 400 and Stop Loss Rs 217 Thanks

Indieconomic

Idea : The price has given breakout on 2-12-21 and consolidating in range between Rs 200-216 since two months. Today's bullish candle broke the descending triangle resistance with substantial volume. Indicator: Support & Resistance, Volume , Triangle Pattern, RSI, Moving Average Position: Entry Rs 210, Stop Loss Rs 199 and Target 260 Thanks

Indieconomic

Keep a watch on NTPC, chart structure in continuous upward with proper support and resistance. Multiple time price rejected from level of Rs 146 and expect minimum return of 7% from current level & if multiple year resistance broken, stock may generate further return of 30-40%. The power and energy sector is looking positive, donn't miss the theme. Thanks ...

Indieconomic Updated 

Refer charts for explanatory : Entry above Rs 530 Stop Loss Rs 500 Target Rs 580 R:R 1:4 Thanks