Support Level: ₹2,716 This is a critical support level, as indicated by the orange line on the chart. The stock price is approaching this level, which could provide a buying opportunity if the price rebounds. Resistance Level: ₹3,212 The upper boundary of the rising channel acts as a resistance level. A breakout above this level could signal further bullish...
Piramal Enterprises Limited (PEL) presents a compelling case for investment, combining a promising technical chart pattern with strong fundamentals. The breakout from the downtrend, attractive valuation, and robust growth metrics make PEL a potential buy for investors seeking both short-term gains and long-term growth. However, as with any investment, it is...
Investing in Quess Corp could be a good opportunity if you're looking for a company with solid growth prospects and are willing to take on some risk associated with its current valuation and operational margins. As always, diversifying your investment portfolio and considering your risk tolerance is recommended.
Chart Pattern Analysis 1. Rising Wedge Pattern: - The chart shows a rising wedge pattern. This is formed by two converging trendlines where the slope of the lower trendline is steeper than the upper one. - Rising wedges can indicate a potential reversal pattern, often considered bearish, especially if it appears after an upward trend, as it might suggest...
it should reverse now my own assesment dont take positions blindly always do own analysis then take positions with own risk reward understanding.
BANKNIFTY LONG FOR COMMING NEXT WEEK!! as the us job payroll looks good and no upcomming major fear looks ahead for November
NSE:HAPPSTMNDS can give UPSIDE move . it is in consolidation phase .