TRADINGNASA

TRADINGNASA

Analysis: Current Price: ₹1107.45 Breakout: Price recently broke above a resistance level at ₹1040.60 (marked by the yellow line on the chart). Long Entry: Confirmation: If the price sustains above the breakout level (₹1040.60), a long position can be considered. Alternative Entry: Pullback: If the price pulls back and finds support at the previous...

TRADINGNASA

Analysis: The chart of KEC International on TradingView suggests a bullish breakout opportunity, potentially signaling a long entry chance for traders. Here's a breakdown based on the image and the information you provided: Current Price: ₹748.40, above the resistance level of ₹737.40 marked by the yellow line on the chart. Breakout Confirmation: The...

TRADINGNASA

Analysis: The chart of NOCIL on TradingView presents a post-breakout scenario, offering potential long entry opportunities but also demanding cautious consideration. Let's delve into the details: Current Price: ₹290, surpassing the key resistance level of ₹285 marked by the orange line. Breakout Confirmation: The recent surge past the resistance zone,...

TRADINGNASA

Analysis: The chart of Federal Bank on TradingView suggests a confirmed breakout above the 158.95 resistance level (orange dotted line), offering a potential long entry opportunity. However, recent market volatility and the price action within the chart require careful consideration. Current Price: ₹164.70, above the breakout level Breakout Confirmation: ...

TRADINGNASA

Analysis: The chart of Granules India on TradingView suggests a promising breakout opportunity, potentially signaling a long entry chance for traders. Let's analyze the details based on the information provided on chart. Current Price: ₹455.75, above the old year resistance level of ₹436.20 marked by the orange line. Breakout Confirmation: The recent surge...

TRADINGNASA

Analysis: The chart of Natco Pharma Ltd. on TradingView depicts an intriguing post-breakout scenario, presenting both potential long entry and cautious approaches for traders. Let's dissect the situation: Current Price : ₹1026.50, well above the multi-year resistance level of ₹921.10 marked by the orange line. Breakout Confirmation: The recent surge past...

TRADINGNASA Updated 

Analysis: The chart of Apollo Pipes Ltd. on TradingView suggests a potential upward breakout, offering a possible long entry opportunity. Here's a breakdown: Current Price : ₹743.35, above the multi-day resistance level of ₹727.20 marked by the blue line. Breakout Potential: The price is attempting to break above the resistance level, with increased volume...

TRADINGNASA

Analysis: The chart of Parag Milk Foods on Trading View suggests a potential multi-year breakout opportunity, offering a long entry chance for traders. Here's a breakdown Current Price : ₹280.55, above the key resistance level of ₹260.50 marked by the orange dotted line on the chart. Breakout Potential : The price is attempting to break above this critical...

TRADINGNASA

Analysis: The provided chart of SMS Pharmaceuticals (SMS Pharma) on TradingView reveals a potentially lucrative breakout opportunity. Let's break it down: Current Price: ₹145.45, comfortably above the multi-year resistance level of ₹136 marked by the blue line. Breakout Confirmation: The recent surge past the resistance zone, accompanied by strong volume,...

TRADINGNASA

Analysis: The provided chart of India Tourism Dev (ITDC) on TradingView depicts a promising breakout opportunity. Let's delve into the details: Current Price: ₹838.90, significantly above the multi-year resistance level of ₹715.00 marked by the blue line. Breakout Confirmation: The recent surge past the resistance zone, accompanied by strong volume, signifies...

TRADINGNASA

Analysis: The chart you provided shows BPCL's stock price currently trading at ₹558.38, which is above the multi-year resistance level of ₹541.60 marked by the blue line. This recent breakout, accompanied by strong volume, suggests a potential continuation of the uptrend. Key Points: Breakout confirmed : BPCL successfully broke above the multi-year...

TRADINGNASA

The chart you provided shows NBCC Ltd.'s stock price currently trading at ₹168.65, which is significantly above the multi-year resistance level of ₹145.35 marked by the orange line. This breakout, accompanied by strong volume, indicates a potential continuation of the uptrend. Key Points: Breakout confirmed: NBCC successfully broke above the multi-year...

TRADINGNASA

Analysis: The provided chart of Borosil Renewables Ltd. on TradingView suggests a bullish breakout with potential for further upside. Here's a breakdown: Current price: ₹608.75, up 7.45% from the previous close Breakout: The stock decisively broke above the resistance level of ₹528.75, Volume: Increased volume at the breakout point confirms strong buying...

TRADINGNASA

Key Points: Bitcoin currently hovers around $40,900, sitting on the lower edge of a sideways trading channel. A confirmed channel break with strong volume could lead to a retest of $30,391 (previous breakout level). Wait for price action to consolidate and confirm support at $30,400 before considering long positions. Technical Analysis: The price...

TRADINGNASA

Key Points: Nifty Bank currently at 46000, a key resistance area. Previous attempt to break resistance resulted in sideways consolidation (distribution phase). Recent breakdown with volume suggests potential bearish continuation. Wait for pullback towards 46300 for confirmation and short entry. Technical Analysis: Resistance zone around 46000...

TRADINGNASA

Key Points: LIC is currently trading at ₹906, near its IPO price of ₹906. A breakout above ₹906 could signal a bullish move. A pullback to ₹728 could offer a good entry point for long positions. Technical Analysis: The stock is testing a key resistance level. A breakout would confirm a bullish trend reversal. Volume is increasing, indicating...

TRADINGNASA

echnical Analysis Update (18 January 2024): Trident stock has found strong support around the 43 level, as we anticipated in our previous analysis. After a brief dip below this zone, the price has bounced back convincingly, signaling a potential bullish reversal. Bounce Confirmation: The recent price action shows a clear bullish engulfing candlestick pattern,...

TRADINGNASA

Indus tower recently made a bold move, breaching its long-standing resistance at ₹206 with strong volume. This breakout signaled potential bullish momentum, exciting traders and investors alike. However, the excitement seems to have cooled down as the stock is now retracing towards its support level, leaving many wondering: is this a temporary dip or a sign of a...