Indieconomic

Indieconomic

The stock is fundamentally sound with growth and earning perspective. The previous year results were excellent with good management commentary. After a listing gain, the structure of chart becomes bearish as Lower High – Lower Low. The price was moving in symmetrical triangle but respected the listed price of Aug’21. The positive buying seen in stock in the...

Indieconomic

The falling channel breakout observed in stock. The level of Rs 1428 will be a key resistance level, if price surpass that level then have a potential of further upside of 20-25%. Level marked in chart and stop loss will be below Rs 1270. Key Points: - Falling Channel : Price was making lower low in channel and pattern break with upside movement. - Volume...

Indieconomic

In past two years , the stock has given a multiple breakout and return of 150%. The breakout were explained in chart 1) Falling Channel Breakout 2) Cup & Handle Breakout 3) Rounding Bottom Neckline In current price structure, after making a all time high, the price retrenchment to 50% and from that level price move upward with higher high pattern formation. In...

Indieconomic

Nifty Energy: The index in continuous uptrend, retrenchment will give an opportunity to accumulate stock as mentioned below. RELIANCE: The low of 18-04-22 weekly bullish candle i.e. Rs 2500 will be a critical level. Any reversal candle the same level will be opportunity to accumulate, otherwise simply avoid. TATAPOWER: Since Jun’20, the price has not...

Indieconomic

The chart analysed on following points : - Price Structure : The stock has seen a sharp correction in downward parallel channel and currently hovering around resistance with Higher High (2D) and rising volume. - RSI is near to 60 level - Above EMA 20 & 50 but below EMA 200. The correct entry will be resistance breakout and price above 200 EMA. - Hidden...

Indieconomic

Daily Time Frame: The price has given a symmetrical triangle breakout with huge volume 15 min Time Frame: Cup & Handle Breakout clearly visible in shorter frame Continuous Support at moving average of 20 & 50 Entry above Rs 780 ; Stop Loss Rs 630 ; Target Rs 1040 & Rs 1195 Disclaimer : Trade cautiously as price surge may be due to company board...

Indieconomic

The stock has given a multiple signal for potential breakout. a) Similar Falling Parallel Channel pattern before breakout b) Retest Confirmation c) Price above moving average d) Head and Shoulder Pattern ENTRY ABOVE RS 515 , STOP LOSS BELOW RS 480 AND TARGET T1 & T2 Thanks

Indieconomic

The stock has given a multiple year resistance breakout. The chart is self explanatory.

Indieconomic

The chart is self explanatory. 1D Time Frame :

Indieconomic

The sector is positive and the stock has given a channel breakout. Entry at Current Level ; Stop Loss Below Rs 2119 ; Target T1, T2 , T3 Thanks

Indieconomic

The chart is self explanatory. Entry Current Level , Stop Loss below Rs 110 and Target T1, T2 & T3 Thanks

Indieconomic

The chart is self explanatory. ENTRY ABOVE Current Level , STOP BELOW RS 390 AND TARGET T1 & T2 Thanks

Indieconomic Updated 

The descending triangle breakout observed in stock - entry, target and stop loss mentioned chart. 15 min time frame Thanks

Indieconomic Updated 

The Reliance given a breakout after long consolidation in weekly time frame. 15 min time frame

Indieconomic

The breakout in weekly time frame with big spike in volume. 1 day time frame : Thanks

Indieconomic

The chart is self explanatory . Entry : Current Level ; Stop Loss : Rs 490 and Target Rs 630 Thanks

Indieconomic Updated 

Fundamental The company offers a wide range of services primarily categorized under information technology (IT) solutions, business process management (BPM), Big Data & Analytics & engineering services. The company have developed its own intelligent automation platform and market for the same is forecasted to grow at a CAGR of ~19% over 2020-25. Presently, the...

Indieconomic Updated 

The chart is self explanatory. Entry above Rs 180 Stop Loss Rs 155 Target T1 and T2 IN CHARTS Thanks