Indieconomic

Indieconomic Updated 

The price movement in parallel channel. Bikaji Suzlon High Risk Stock – Target and Stop Loss as per price action M&M Finance 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 

Weekly Chart The downtrend reversed from support level and price given a yearly resistance breakout with rising volume. The stock continually making a higher high from past 7 months and 50% fib acting as strong support. Daily Chart Upward parallel channel breakout and retested the level with good volume. Technical Indicator - Golden crossover and...

Indieconomic Updated 

The self explanatory chart analysed on breakout, ema and volume. Stop Loss below 200 ema || Target Rs 8000 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 

After the listing, the stock was in extended downtrend. From April month onward, trend reversal observed with rounding bottom pattern . The stock convincedly formed the strong base and moving upward for expected target of 50% from current level. Other factors considered are 20 & 50 ema and Rising Volume. Entry at retest or retrenchment level Stop Loss...

Indieconomic Updated 

Daily Chart The price continuously making a higher low since feb’23. The price breached the long resistance and opportunity to accumulate for long term investment. Price above 20 & 50 ema and short term resistance will be 200 ema If today’s price closed above Rs 400. Target 20%, Stop Loss 7% Thanks -AJ Disclaimer: The information and publications are...

Indieconomic Updated 

The price closed above EMA 200 and given a parallel channel breakout in daily time frame. Thanks -AJ

Indieconomic Updated 

The price given channel breakout and successfully retested the breakout level with bullish candle and substantial volume. Entry above Rs 2450 , Stop Loss below Rs 2400 and Initial Target will be Rs 2700 Thanks -AJ Disclaimer: The information and publications are not meant to be, and do not constitute, financial, investment, trading or any other types of...

Indieconomic Updated 

Analysed on - Support & Resistance - Triangle Pattern - Rising Volume - EMA entry above Rs 380 ; stop loss below Rs 355 ; target as per price action & breakout volume Thanks -AJ Disclaimer : Consult your financial advisor before any trading or investing activity.

Indieconomic Updated 

Synopsis: The multiple footwear stock was analysed as weekly price movement is quite significant with record volume. Most of the stock bounced from support level and expected return will range from 20-40%. BATA – The price movement in channel, from support level, bullish breakout candle formed with record volume. Price above 20 & 50 ema and 200 ema (Rs 1618)...

Indieconomic Updated 

The chart analysed on support & resistance level and good opportunity to accumulate stock for long term investment with favourable risk and reward ratio. Thanks -AJ

Indieconomic Updated 

Solid strength in stock, in monthly chart - trendline breakout with volume , in weekly chart - ascending triangle breakout, in daily chart - price above all key moving avg. T1 18% / T2 58% , SL below Rs 88. Thanks -AJ Disclaimer : Consult you financial adviser before any investment.

Indieconomic Updated 

The chart simply - Cup & Handle | Retest & Fib Support at 50% | Bullish Candle from Support Level | Volume Target 40% ; Stop Loss below Rs 53 Thanks -AJ

Indieconomic Updated 

The price has given a trendline breakout and above 200 ema. The risk and reward is very favourable. Target 30%, Stop Loss below Rs 280, Risk Reward 1:5 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 is self explanatory, support & resistance highlighted for better understanding. Thanks -AJ

Indieconomic Updated 

The stock recovered from support level in daily time frame and showing momentum for further upside. Price closed above ema 20 with good volume. Target and Stop Loss marked in chart. Thanks -AJ Disclaimer : The analysis published for educational purpose only.

Indieconomic Updated 

The descending triangle breakout. | Price above ema 20 & 50 and Rising Volume | Entry above Rs 451 Stop Loss below Rs 435 Target 14% 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 bounced from support level and structure look positive for further upside. Thanks -AJ

Indieconomic Updated 

Monthly Chart Analysis The stock has given a thirteen-year resistance breakout in July’22 and retrenched to resistance level from ATH. The breakout level, currently acting as support and the bullish candle certainly confirm the momentum in stock. If the price breaks the level of Rs 400, expected target will be Rs 530 (80%). Daily Chart Analysis The level of Rs...