NSE:SYMPHONY The Consumer Durable sector in India has attracted significant investments over the years which resulted in increasing demand and also facilitated by the rise in disposable income. Indian Appliance and Consumer Electronics Industry’s market size was 21.49 billion USD in FY17 and is expected to be at 48.37 billion USD by FY22. The unorganized markets...
📌 NSE:BANKNIFTY seems to be hovering at the confluence of support from two critical Technical Setups: #1 Short-Term Support Trendline (marked in Red), which is placed at around ~43800 levels #2 Lower Support trendline of the Medium-term Rising Wedge which is under formation (marked in Green). The support is placed at around ~43600 levels 📌 The price...
1. **Technical Analysis**: - The stock has experienced breakouts on multiple time frames: daily, weekly, and monthly. This is generally considered a positive sign in technical analysis, as it indicates strong upward momentum. 2. **Trading Recommendation**: - The recommendation is to buy NSE:MMTC at around Rs 70. - The target price (TRG) is set at...
Technical Outlook medium team NSE:METROPOLIS CMP :1506 Good buy zone:1480-1500 Above can Touch 1770 And then 2570+ in the coming Months Major support level:1400 Fundamental Outlook The Indian healthcare sector is expected to reach US$ 372 billion by 2022, driven by rising incomes, greater health awareness, lifestyle diseases and increasing access to...
TECHNICAL VIEW ON GEECEE VENTURES "GEECEE's chart is displaying a promising cup and handle pattern, with a breakout expected above the 210 level. The potential price targets are 280, 350, and 400, with a recommended stop-loss at 270." Strengths Company is virtually debt free. Company has a healthy Interest coverage ratio of 59.75. The Company has been...