Trendxinc

Trendxinc

Good morning everyone! 16 Sept. 2024, Monday. So, after a decent short covering on last Thursday we didn't see any follow up move in $NSE:NIFTY. On Weekly chart the index made Bullish Engulfing indicating an intact bull run in the coming week. However, on intraday chart we may see a short correction or say profitbooking to the support level - 25200. This is also...

Trendxinc

Good morning everyone! 12th September, 2024. Thursday. NSE:NIFTY has been in consolidation mode for last 4 sessions. Believe me, this is very good for bulls to continue. So don't be afraid it. Rather, try to some good setups suitable to you and BUY ONLY NEAR SUPPORT. Support for Nifty for the day is 24821. Below this we may see 24540 levels coming into the...

Trendxinc

NSE:INOXWIND for short to medium term only. Buy above 238 ONLY. And that too when it closes above it on daily chart. Don't be in hurry to enter. Be a pro and wait for the levels to come into play. SL 210.10 on weekly closing basis Target for Short-term - 345 (44.96% upside potential) Holding period - 1-2 months Target for Medium-term - 485 (97.61% upside...

Trendxinc

Good Morning Everybody! Sept. 5, 2024, Thursday As we discussed in yesterday's commentary, NSE:NIFTY opened near the exact marked support and bounced from there in the second half. NSEIX:NIFTY1! is hinting at a gap-up of nearly 100 points. However, do not assume this indicates new buying. Today is the weekly expiry of the index, so a short covering rally was...

Trendxinc

NSE:KCPSUGIND Date: July 31, 2024 Current Market Price: 52.18 INR --- KCP Sugar & Industries, operating in the agricultural commodities and milling sector, has demonstrated strong upward momentum recently. The stock is currently consolidating near its recent highs, indicating potential for further gains. --- ### Technical Analysis 1. **Price Action and...

Trendxinc

Looks like we are in 2nd stage. Just need a follow up green today. Nifty macro data positive for the day 🟢 Use this gap-up only to book profit. DO NOT chase any breakout Stock which is opening with a gap up. No Options Trading in Index or stock till August starts. #PSUBANKS on Radar today #PNB Result🔥 #PSB #MAHABANK #CENTRALBANK #UCOBANK #YESBANK

Trendxinc

Wanna see an interesting thing? This is #Nifty's PCR Ratio (posted on X) which was up on Intraday which is negative sign. Now another thing is Banks and Financial companies have 35% weightage on nifty, collectively. And PSU Banks posted great results. Hence Banknifty looks strong. And as Banknifty is strong so is Nifty bcz of the weightage shared. Now we have...

Trendxinc

Based on the technical chart of Som Distilleries & Breweries Ltd (NSE), here is my analysis and prediction: 1. Current Trend: The stock appears to be in a consolidation phase after a recent decline. The price is currently testing the resistance provided by the 50-day moving average. 2. Support and Resistance Levels: - Support: The immediate support level is...

Trendxinc

The chart for AYM Syntex Ltd. shows some promising movement. Entry: You might want to consider entering around the current level of 120. Stop Loss: To protect your investment, place a stop loss at 113.44. This gives a buffer below recent support. Targets: The first target could be around 130, given the recent upward momentum. If the trend continues, you might...

Trendxinc

#Nifty Technically strong. All FnO stock clearly in Strong Uptrend After recovering. But, Global Data is negative 🔴 Can't conclude anything as of now. Will update in morning after 7am.

Trendxinc

NSE:NIFTY in upcoming few days Masterclass assignment done by a student #Learning is Earning📚🥇 Post these big panics, the probability of a bounce is highly likely. In this image, you can see a graphical view of the number of stocks down 4.5%+ with respective dates. One can check what happened after these big days. Often, a bounce occurs post big panic...

Trendxinc

Today, everyday. Till the end of my life. I encourage you to read a lot of books, earn a lot of money and help the society and world to be a better place. Bcz a life that helps many lives is the life worth living for. Thanks. The time has come to be cash ready to reinvent your portfolio. You have 1.5 months.

Trendxinc

#NIFTY GLOBAL DATA POSITIVE 🟢 Nifty global data is positive 🟢 but not in a way that Nifty will directly open at 25000 and so on. It indicates just a 1% upside as of now. However, this is election time, so anything can happen. I'm open to either side and will plan my trades accordingly. Suggest the same to all my members. No bullish/bearish bias. Just go with the...

Trendxinc

#GANESHHOUC Analysis Suggested at 493, did 915 (85% done in a few weeks). Cmp 775, support 730 closing. Upside 845/875. Above 875, flag and pole breakout will take it to 965/1025/1140++ with 855 cbsl. #StockMarket #Trading #TechnicalAnalysis #GANESHHOUC

Trendxinc

#DHANUKA Analysis Suggested at 824, did 1429 -> 72% done. Fresh view now. Cmp 1275, support 1200 Best above 1300, keep 1250 cbsl for cup and handle breakout. Upside 1435/1615/1785/1999+ doable. Fresh view above 2000 closing.

Trendxinc

#BERGEPAINT Analysis Fresh breakdown. Cmp 460, support 440 Below 440, 395/365/330/290 are support levels. Upside (in case of reversal) 505/555/602/640 Above 645 closing, keep 610 cbsl for 710/765/825/890/970++ doable Right now PE is higher than benchmark, even after the fall.

Trendxinc

#FIEMIND Analysis Suggested at 2000, pre bonus. Bonus adjusted -> 998, it did 1310 (2620). Only 2800 was left. 30% in 8 months. Cmp 1184, channel support 1000 Upside 1400 doable Above 1400, cup and handle breakout will take it to 1570/1775 Fresh view above 1800 closing #StockMarket #Trading #TechnicalAnalysis #CupAndHandle #FIEMIND

Trendxinc

$REFEX.NSE Analysis: 1/ Previous Performance: Suggested at 105 (split adjusted), hit 170+ (880+ pre-split), achieving almost all targets with a 65% profit. 2/ Current Status: CMP 135, support at 120. 3/ Downside Risk: Below 120, targets: - 110 - 100 - 90 4/ Upside Potential: - 150 - 170 5/ Cup & Handle Breakout: Above 170 closing, targets: ...