Indieconomic

Indieconomic

The thread includes housing finance sector companies, analysed on technical parameter. 1. LICHSGFIN 2. PNBHOUSING 3. HOMEFIRST 4. INDIASHLTR 5. AAVAS 6. CANFINHOME 7. APTUS 8. HUDCO Thanks -aj Disclaimer: The information and publications are not meant to be, and do not constitute, financial, investment, trading or any other types of advice or...

Indieconomic Updated 

The stock in uptrend with higher high and lower low. In weekly chart , the price given a 9 month resistance breakout with bullish candle. Looking at the past pattern, short term target will be Rs 404 with stop loss at Rs 330. In higher time frame , long term resistance i.e., 7 year at Rs 463 and if given resistance breakout from that zone, potential long target...

Indieconomic Updated 

daily chart - the stock was consolidating from past 9 month and given the resistance breakout. Price above all key moving average. Thanks -AJ Disclaimer: The information and publications are not meant to be, and do not constitute, financial, investment, trading or any other types of advice or recommendations.

Indieconomic

After the quarter results, stock become bearish and may fall by 10% from current level. ✅Long resistance at Rs 1720 ✅Dec'23 and Nov'23 low's violated ✅EMA 200 violated ✅Next support at Rs 1270 Thanks -aJ Disclaimer: The information and publications are not meant to be, and do not constitute, financial, investment, trading or any other types of advice or...

Indieconomic

The stock given long term resistance breakout and aptly retested that level with volume. FII and DII increased their stake in Q3FY24. Daily Chart ✅the stock was facing rejection from trendline and remained range bound for a month between 110-120. ✅after the month of consolidation, price given breakout aptly supported by volume. ✅price above key moving average...

Indieconomic Updated 

Positive Set up: ✅Triangle Breakout / Impulse Wave (1) ✅Correction Wave (2) retrenchment to 50% and trend continue ✅Support at 200 ema Short Term Target Rs 5000 ; Long Term Target Rs 6033 ; Stop Loss = 200 ema Thanks -aj Disclaimer: The information and publications are not meant to be, and do not constitute, financial, investment, trading or any other types...

Indieconomic Updated 

After the bull run, price retrenched to fib level at 38.20%. The fresh movement observed in stock, aptly supported by volume and moving average. Stop Loss - Below support level ; Target 1 - Rs 109 , Target 2 - ATH Daily chart 9 months of consolidation, afterward symmetrical triangle breakout. The stock perfectly retested that level and uptrend continued. ...

Indieconomic Updated 

After the bull run, stock retrenched to 38.20% from all time high. The strong base formed at current level and breakout visible in daily and weekly. chart. As per technical set up. long term target will Rs 111 and short term target is t1 & t2. Weekly Chart for a year stock was consolidating and range bound. This week, price given a triangle breakout and volume...

Indieconomic Updated 

The price moving in rising wedge and adhering to Elliot Wave rule. Impulse wave (i) - from level Rs 248.70 to Rs 561.55 Correction wave (ii) - price retrenched to fib 50% of wave (i) i.e Rs 405.15 Impulse wave (iii) - equal to fib 1.618 of wave (i) i.e., Rs 780.70 Correction wave (iv) - retrenched to Rs 628.05 i.e., is equal to distance of wave...

Indieconomic Updated 

The thread includes realty sector stock for short and long term investment. 1. Prestige Estates Projects Ltd 2. Sobha Ltd 3. Oberoi Realty Ltd 4. Godrej Properties Ltd

Indieconomic Updated 

The stock has given a twelve year resistance and other technical parameter clearly showing a strength for further upside. The dual head and shoulder pattern visible in monthly chart, accordingly immediate target will be Rs 219 with stop loss at Rs 140 . Daily Chart The cup/handle breakout with breakaway gap and quadruple volume. The continuations of...

Indieconomic Updated 

The risk and reward ratio very favourable, price taken a support at Rs 1150 after the breakdown and consolidating between Rs 1150 to Rs 1700. The current set up looking positive as breakout observed in chart; supported of volume and travelling above key ema of 200|50|20.

Indieconomic Updated 

The stock in long term consolidation phase but set up look positive for near term breakout. Weekly Chart- The price consolidating in channel since Oct’21 and pole & flag pattern clearly visible in chart. The flag breakout will generate a significate return on long term basis, approx.to pole distance i.e., 55%. Daily Chart – The breakout with bullish...

Indieconomic Updated 

The price retrenched to fib level of 61.80% and at long term support level. The risk and reward ratio very favourable. t1 Rs 2590 , t2 2770 , stop loss = support level violation Thanks -aj Disclaimer: The information and publications are not meant to be, and do not constitute, financial, investment, trading or any other types of advice or recommendations.

Indieconomic Updated 

The chart depicts the current price structure in ICICI bank. Key points✅ ✅in weekly chart, price movement in rising wedge and in past, significant return generated from support level ✅currently price at long term support level. ✅in daily chart, price moving in parallel channel between Rs 940 to Rs 1000 ✅above 200 ema but below 50 &20 ema ✅potential return 10%...

Indieconomic Updated 

The company is fundamentally sound in growth and return prospective (previous quarter was exception). In June’21 analysis posted on same stock and given a phenomenal return during the year, the stock is still available a reasonable valuation and will be a good buy for long term investment. Fundamental: a) Business: It offers financial products & personalized...

Indieconomic Updated 

After the five year resistance breakout , the stock given significant return and retrenched to 50% fib level . In chart, falling wedge breakout is visible and momentum strength confirmed multiple factor i.e., ema, volume and rsi. Entry at current level, Stop loss below Rs 580 and Target 1 & 2 pointed in chart. Thanks -AJ Disclaimer: The information and...

Indieconomic Updated 

monthly chart - the price making a higher high in chart. weekly chart - support & resistance daily chart - the consolidation and range breakout. Price above all key moving average. Target - 15% , Stop Loss - Below support level as per daily chart. Thanks -aJ Disclaimer: The information and publications are not meant to be, and do not constitute,...