Current Price: ₹5552.00 Technical Pattern: Pattern: Ascending Triangle Breakout: Upward from the triangle pattern and upper Bollinger Band Trading Strategy: Target Price: First Target: ₹5580.00 Second Target: ₹5770.00 Stop-Loss: Range: ₹5470 - ₹5480 Buying Opportunity: A slight pullback might present a buying opportunity, with the focus on the target of...
In the monthly chart, the stock has been forming a cup pattern. In January 2015, it reached a high, breaking above the upper Bollinger Band, followed by a correction from the level of 613 down to 140. Since then, the stock has shown a reversal, nearing its all-time high, and once again breaking the upper Bollinger Band. Currently, the stock is taking support from...
The stock is currently in an overbought zone with the Relative Strength Index (RSI) at 72.47, indicating a potential reversal. The stock has also broken out from the upper Bollinger Band, which often suggests that a pullback might be imminent. Investors and traders should exercise caution. Key Support Levels: Primary Support: 335 Secondary Support: 320 The...
Hindustan Motors Limited (Hindustan Motors) Market Cap: ₹737 crore Current Market Price (CMP): ₹35.35 52-Week High/Low: ₹48.60 / ₹12.65 Average PE Ratio: 28.98 Technical Analysis: Daily Frame: The stock is crossing below its middle Bollinger Band, indicating a potential slight correction. Support Levels: The stock may find support in the ₹25-₹30 range. Overbought...
Nifty Auto Sector Analysis Since March 2023, the Nifty Auto sector has shown a consistent upward trend, indicating a clear bullish momentum. The sector has been hitting all-time highs and experiencing substantial trading volumes. Using the Bollinger Bands indicator, which measures market volatility, we can observe that prices have been consistently moving close...
Stock Analysis: Agritech Daily Frame Analysis: The stock gave an upward breakout from the trendline, but there are chances it could be a false breakout. It has also touched the upper Bollinger Band, indicating a potential reversal from the Bollinger Band. Support Level: 215 Weekly Frame Analysis: On the weekly frame, the stock is closely taking support at 220,...
Aditya Birla Fashions and Retail Ltd (ABFRL) has shown a significant uptrend, with a 14% gain following its recent quarterly results. This surge is notable as the stock has taken support from the middle Bollinger Band and is now approaching its overbought zone, breaking above the upper Bollinger Band. Current Support Levels: Primary Support: 240 Secondary...
The Risk of Market Predictions During Election Results: A Crucial Lesson for Traders and Investors As the dust settles after the recent election, one thing has become clear: predicting the market on such a volatile day can lead to substantial losses. Many traders and investors faced significant financial setbacks by attempting to anticipate market movements based...
Maruti Suzuki Analysis Technical Overview Current Market Price (CMP): ₹12,906 (all-time high) Trend: The stock has shown a strong rally with significant returns. Supply Zone: The stock tried multiple times to cross above its supply zone and has finally broken through. Bollinger Bands: An upward breakout from the upper Bollinger Band suggests potential for...
Financial Overview Market Capitalization: ₹535 Crore Current Market Price (CMP): ₹61.41 PE Ratio: -28.74 (indicating negative earnings) Dividend Yield: 0.50% Debt to Equity Ratio: 6.44 (indicating high leverage) Technical Analysis Bollinger Bands: The stock has shown expansion in the monthly frame and gave an upward breakout from the upper Bollinger Band,...
The stock in question has reached an all-time high of $219.45, marking a significant milestone in its performance. This impressive peak represents a substantial return of approximately 551.19% for its investors, underscoring the stock's robust growth trajectory. Given the current market indicators, there is a strong belief that the stock will continue to trend...
Key Points: Price Movement: In October 2020, the stock traded at an all-time low of ₹109.55. Recently, it made a new high of ₹507.35. Trend: The stock has been gradually moving in an uptrend, with the 20, 50, and 100 EMAs being surpassed by the stock price. Dividend Yield: 5.08% Investment Consideration: Coal India has shown consistent upward movement and strong...
Key Points: Market Cap: ₹29,961 crore Current Market Price (CMP): ₹2,130.05 Average PE Ratio: 44.03 Dividend Yield: 0.40% 52-Week High/Low: ₹2,318.80 / ₹1,357.00 Beta: 0.54 Technical Analysis: Upward Trend: The stock has been moving upward, forming a cup pattern on the daily chart. Support and Resistance: Resistance: ₹2,318.80 Support Levels: ₹2,026.34 and ₹1,951,...
Fundamental Analysis: Bluestar Limited has shown strong fundamental performance, providing substantial returns to its investors. A key indicator of its financial health is its significantly improved debt-to-equity ratio, which has reduced from 0.57 to 0.06. This reduction demonstrates the company's effective debt management and strong financial...
Stock Details: Market Cap: ₹43,154 crore Current Market Price (CMP): ₹1,304.20 PE Ratio: 171.15 Dividend Yield: 0.42% 52-Week High/Low: ₹1,502.30 / ₹745.00 Beta: 0.93 Technical Analysis: Hourly Chart: The stock opened with a gap down and has been experiencing slight bearishness. The price is currently moving below the 20, 50, 100, and 200 EMAs, indicating...
Hourly Chart Analysis: Current Trend: Bearish in the short term Moving Averages: 20, 50, and 100 EMAs are moving with the price, indicating a current trend alignment The 200 EMA is acting as a significant support level Fibonacci Retracement: Using a retracement from the recent low to high, the stock is taking support at the 38.2% level, which is 1490.05 Recent...
Analysis: Bombay Burmah Trading Corporation Ltd. has a market capitalization of 10,840 crore, with a current market price of 1553.70. Its 52-week high/low is 1839.95/918, offering a dividend yield of 0.08. The stock has a beta of 1.33. In the 15-minute timeframe, the stock is observed to be moving in a rounding pattern and is attempting to surpass its...
Analysis: Bharat Electronics Ltd. has a market capitalization of 166,005 crore and a PE ratio of 46.54, indicating a high average valuation. With a beta of 1.19, the stock is highly volatile. Its 52-week high/low is 241.65/105.70, offering a dividend yield of 0.79. In the long term, the stock exhibits a bullish trend, but in the short and medium terms, it's...