Indieconomic

Indieconomic Updated 

The nifty remained range bound, clearly respecting the July'23 low of 19234.40 . Candle Analysis Doji Candle from support , Follow up with morning star and inverse hammer and another Doji Candle at resistance or ema 20. Strategy i) If market remain range bound - Buy dip and sell at supply zone (19234.40 to19482.75) ii) If resistance break; T1 19634.40, T2...

Indieconomic Updated 

The multiple stock analysed on weekly time frame. 1.Globus Spirits Ltd 2.Clean Science & Technology Ltd 3. ITI Ltd 4. Sagar Cements Ltd 5. Honda India Power Products Ltd 6. GMM Pfaudler Ltd 7. Jubilant Pharmova Ltd 8. Varroc Engineering Ltd Thanks -aJ Disclaimer: The information and publications are not meant to be, and do not constitute,...

Indieconomic Updated 

the daily chart analysis based of support, resistance, area of confluence and ema. 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 stock in uptrend and retested the resistance breakout level with bullish candle. entry Rs 982; target – t1/t2; stop loss below Rs 860 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 

pole & flag breakout. target - t1 ; stop loss below Rs 1600 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 stock analysis based on trend, support, resistance, moving average and volume. 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 

in weekly chart , stock making a higher high and lower low in parallel channel. in daily chart , price consolidating in inside bar and continuously taking support at 20 ema; and facing resistance at ema 200. Today's moved broken the resistance & hidden triangle pattern with bullish candle , which supported by volume . Price above all key moving...

Indieconomic Updated 

The thread includes multiple stocks given a weekly breakout and factors considered for analysis are support, resistance, volume, fib and moving average. 1. Insecticides India Ltd 2. Firstsource Solutions Ltd 3. GOCL Corporation Ltd 4. RPSG Ventures Ltd 5. Veranda Learning Solutions Ltd 6. Jindal Worldwide Ltd 7. Kesoram Industries Ltd 8. Everest...

Indieconomic Updated 

Since breakout (May'22), the stock given a return of 100% and retrenched to fib level. On analysis the chart the on shorter time frame, solid strength visible for long term investment and expected target will be Rs 580. The stock was consolidating in range of Rs 219 – 260 from past 3 months, clear resistance breaks visible in chart. Golden Crossover, the...

Indieconomic Updated 

The downward trend reversal with bullish candle and stock successfully retested the breakout level with STRONG volume in 2d frame . Stop Loss below ema 200 | Target - t1,t2 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

✅for a month, price is consolidating and formed a based at Rs 820. ✅rising volume, indicating a strength in stock. ✅price above all key moving average and key support at 200 ema. 📈with stop loss below Rs 820, stock can be accumulate to long/short investment. Thanks -aJ Disclaimer: The information and publications are not meant to be, and do not constitute,...

Indieconomic Updated 

The analysis based on : - Inverse Head & Shoulder Breakout - Close above ema 200 - Descending Triangle Pattern in weekly chart - Volume Surge - Gap Short Term Target Rs 710 ; Stop Loss Rs 640 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 auto index at all time high and Auto Ancillaries will be direct beneficiary of booming auto sector. Multiple ancillaries identify as their technical set up and for 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. 1. Sona BLW Precision...

Indieconomic Updated 

In weekly chart, breakout is visible , therefore chart analysed on different parameters. The short term resistance level will be trendline i.e., 10% from current level. Daily Chart & Point of Entry - For a year, stock was range bound from Rs 180 to Rs 242. Recently price given a breakaway gap and follow up with yearly resistance breakout. Correct entry level...

Indieconomic Updated 

The chart analysis based on support, resistance, ema and fib. - price respecting the 200 ema - resistance at fib 50% and area of confluence in weekly chart - enter above supply zone entry above Rs 54, stop loss below Rs 52.50 or 5%, target Rs 62 or 15% Disclaimer: The information and publications are not meant to be, and do not constitute, financial,...

Indieconomic Updated 

From past 10 months, the stock was consolidating and range bound between Rs 730 to 900. Today's price movement broken the resistance with huge volume and positively closed above 200 ema. Safe entry at Rs 930, Stop Loss below Rs 844, Targets market in chart. Thanks -AJ Disclaimer: The information and publications are not meant to be, and do not constitute,...

Indieconomic Updated 

The price analysed in daily and monthly time frame. Gap Analysis - the news based gap created in stock and price reversed to fill the gap. As mentioned in chart, now gap level acting as support and price closed above 200 ema. Monthly Chart - the fib level acting as support & resistance and volume strength visible in chart. Thanks -AJ Disclaimer - The...

Indieconomic Updated 

The price has successfully retested the breakout level and chart analysed on follow factors : - Candle Analysis - Support & Resistance - EMA - Ascending Triangle - Volume Build-up - Channel Pattern - Retest of Breakout Level Thanks -AJ Disclaimer : The chart analysed for educational purpose only.