Indieconomic

Indieconomic

The stock analysis is the ITC , lets see whether it will get a momentum or will continue to consolidated as MEME stock 🤣

Indieconomic

The price breakout from falling wedge with surge volume. Key Points : RSI> 60 ; EMA 21/55/100/200 crossover ; Successful Retest of Trendline ; Entry Rs 152 - Stop Loss Rs 140 - T1 Rs 186 , T2 Rs 204 Thanks

Indieconomic

-Breakout of Cup & Handle neckline. -Price of all key moving average -RSI > 60 -Volume > past 40 session

Indieconomic Updated 

The chart is simple and price available at support level with potential upside of 40% , risk & reward ratio is very favourable 1:6 _ Earlier stock was in downtrend _ Currently price moving with High High and Lower Low : Upward Trend _ Price level at channel support _Stop Loss 7% and potential upside 40% Thanks

Indieconomic Updated 

The chart is self explanatory and analysis based on price movement, correction, breakout , consolidation and further breakout. Thanks

Indieconomic Updated 

Wait for triangle breakout : Entry , Stop Loss and Target mentioned in chart itself. Thanks

Indieconomic Updated 

The stock has given breakout from fall wedge and retest candle confirmed trend of price. Thanks

Indieconomic Updated 

The chart structure is favourable supported by multiple factor. Pros: a) The healthy correction of 30% - price breakout from channel b) Fib retrenchment c) Moving Average above 21 & 200 d) RSI d) Similar breakout candle from same level Cons: a) Volume b) wait for 50 & 100 EMA crossover for safe entry Entry, Stop Loss and Target mentioned in chart. Thanks

Indieconomic Updated 

The chemical sector are showing positive move from past few trading session. GHCL established itself in diversified segment of Chemicals, Textiles and Consumer Products segments. Fundamentally, may avoid the stock but technically price action will generate subsequent gain in short term view. The technical analysis based on simple descending triangle breakout...

Indieconomic Updated 

The chart is self explanatory, based on support & resistance, fib and area of confluence. Thanks

Indieconomic Updated 

The price in oversold area and at major support level. The breakdown of support will generate 6-10% return on short term basis Long entry if & only trend reversal candle create from level of EMA 200. The chart is simple and self explanatory. Disclaimer : Consult your financial advisor before any trading or/and investing activity.

Indieconomic Updated 

The stock is looking weak in chart structure at crucial support level but below important moving averages of 20, 50, 100 and 200. The chart explained with multiple support & resistance with proper entry & exit scenario. Thanks

Indieconomic Updated 

The price was range bound and in consolidating phase, wait for channel breakout with volume for potential upside of 20%. The exit as per risk appetite and target as price action. Thanks

Indieconomic Updated 

The price consolidating in round bottom pattern supported by DOW theory of HH-HL , moving average and significant volume. The neckline breakout will probably generate multi fold return in long term holding. Keep accumulating in multiple lot and stop loss will be trendline support. Thanks

Indieconomic Updated 

The price given a breakout , in past 3 session approx. 20% return generated. Correct entry will be retest level between Rs 490-Rs 500 with target of Rs 580 , Rs 630 and Rs 700 and stop Loss at Rs 425 Thanks

Indieconomic Updated 

Analysis : - The stock at resistance zone as mentioned through blue trendline in chart. - It will be a good opportunity for long or short trade as significant volume observed today but with RSI divergence of HH-LL, dicey situation. - Other factor are price above all moving key average. Trade Idea : a) Long : Trendline with volume b) Short : Entry will be...

Indieconomic Updated 

The price failed form retest level of Rs 232 i.e. resistance level in weekly time. The analysis based on simple downtrend , upward trend , cup & handle , moving average , parallel channel , resistance breakout with volume , retest of price and Fibonacci (explained in chart) Enter for potential upside of 20% - 50% from curre1nt level with stop loss below Rs 190....

Indieconomic Updated 

The stock has taken a support form crucial level due to news for "MERGER and BUYBACK". Support Level : After the retrenchment and channel breakdown, price recovered from fib level of 0.618 & EMA 100 and close above trendline with bullish candle. If news momentum continue, probability of 20-25% upside are high quiet in such volatile market. If support broken...