Trendxinc

Trendxinc

#CHENNAIPETRO Had a Bigger Shakeout a few days back and an Undercut. This might trigger an Urgency in moving the price. Market Environment is important, Let's see if it allows a trigger. #StocksInFocus #StocksToWatch

Trendxinc

IOC shows signs of a bullish reversal: - Breakout of downsloping wedge pattern - Above 50-day moving average & MACD bullish crossover - Anticipated rally targets 200 & 220 levels - Maintain SL below 164; hold for a few weeks. #IOC #StockAnalysis

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HDFC Bank has experienced a prolonged sideways movement between 1460-1400 for an extended period. However, a closer examination of the price action reveals a breakout from a descending triangle trend reversal pattern. Additionally, the price has crossed above its 50-day moving average, indicating a potential revival in prices. The MACD indicator has also moved...

Trendxinc

Havells India is exhibiting a classic breakout-pullback trade setup. The price has breached its significant resistance level at 1460–1470 and retraced back to this zone. It has reversed off the support of the rising trendline, the 50-day moving average, and the support area. Additionally, a bullish engulfing pattern on the weekly timeframe indicates buyer...

Trendxinc

#JYOTICNC JYOTI demonstrated remarkable resilience amidst the general market turmoil. While many stocks faced significant declines, JYOTI stood out from the crowd, displaying strength and forming a solid base. It emerged as a first mover as the market began to turn. Entering the trade was straightforward, particularly on March 20th, when the overall market...

Trendxinc

Endurance Tech (ENDU), India's top aluminum die-casting company, is showing consistent improvement in its performance metrics. This is fueled by increasing domestic demand, a recovery in the international market, and lower raw material costs. ENDU is highly preferred among automotive ancillary firms due to its advanced product range and strong presence in the...

Trendxinc

Small caps are going to rise again from next month as no second low was made below 14087. It is expected that RBI can also cut the repo rate which will eliminate the liquidity problem. Find opportunities in companies which have given good results in this quarter and are down in the fall.

Trendxinc

JSL hit its all-time high yesterday, surpassing its previous peak. It bounced from its 20 EMA support, with RSI moving up alongside the price and MACD showing a bullish crossover on the daily timeframe. The price target is 755, with further potential to rally to 764 - 776. Buying is recommended above 719, with a stop-loss below 690 on a daily close basis....

Trendxinc

Here are the top 10 things to know before the market opens on March 27: 1. The Sensex and Nifty are expected to start negatively, indicating a loss of 44 points for the broader index based on GIFT Nifty trends. 2. On March 26, the market ended lower after three days of gains, with the Nifty around 22,000 amid selling in IT, bank, and media sectors. 3. At close,...

Trendxinc

Electrosteel Castings Daily Chart Analysis - Clear Reversal from Support. - Made Double Bottom Pattern. - Bounced Back from Previous Swing Low. - Volume is Highest in past 4 months. Buy above 160. Targets = 183/194. SL =143 Disclaimer : Not just a post. Get a hint from the Analysis. Grow up.

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MUTHOOT FINANCE READY TO SWING UP WITH HUGE VOLUME BREAKOUT 📈💡🔥 🟢 What a Reversal on weekly chart from Long term support! I would be damned if I wouldn't take a position it. So I will tomorrow. 🟢 That too with a steller Quarterly Results 🔥👇🏻 🎯 Revenue: Revenue increased 26.8% year-over-year to ₹3,842.68 Cr in the Q3 2023-2024 🎯 Net profit: Net profit increased...

Trendxinc

NSE:IRCTC 🟢 BOUNCED BACK FROM STRONG DEMAND ZONE 🟢 SUPPORT RETEST ALSO DONE 🟢 SELLING VOLUME DRIED UP SO WILL NOT BOUNCE BUT BLAST 🔥 PLUS, IT'S A PSU AND GOVT RECENTLY ANNOUNCED EXPANSION OF RAILWAY SECTOR SO EVEN IF I SAY IT MAY BOUNCE 7%-10% IN NEXT FEW DAYS OR EVEN IN A SINGLE DAY, WON'T BE A SURPRISE 📚🟢 RESULTS WERE ALSO GOOD THIS QUARTER 🟢👇🏻 📌...

Trendxinc

A continuation pattern has been found in Monthly and Weekly chart. Buy above the Blue line and trendline support should act as the stoploss. Hold for a week or two for good return. Just For Learning Purpose. Not a recommendation.

Trendxinc

For #BankNifty resistance is at 47360. After this the target would be 47590/47935/48244. Support - 46930 for Intraday. 46215 for positionals. Other than this no specific update. Try not to trade today. If you do, use proper Stoploss and Risk Management. Have a good day ahead. #TrendX #Masterclass #March2024

Trendxinc

Gud morning everyone! 2nd March, 2024. Saturday. Told you, if 22225 taken away we may see a new record high in #Nifty. We just did yesterday. Once again it's proven that Technicals come before any other events. Be it news or Modi. So today, Market will open with a gap of 2 trading sessions. And because of this gap, we will only watching and learning today. No...

Trendxinc

So yesterday #Nifty washed away previous 2 days' gain. It may happen today once again. On other note, global data showing a bounce back plus, Reliance's new JV with Disney may also contribute to Nifty's bounce back. However, game is simple today. I will be watching 1st hour's candle made and that will decide the direction of market today. If it's high broken...

Trendxinc

#BankNifty tried to bounce back but failed yesterday. It may taste 200SMA again. The support now points at 45500 levels. If this is taken away then we can see 200SMA being tested which is at level of 44870 levels. On upside any major move will come only above 47200 levels. If this is taken away then we can see 48200 in next few days being touched. Again, it's...

Trendxinc

For #BankNifty, any big move gonna come above 46722. If this is broken then we may see a massive short covering to 47200 levels. Support for Intraday is at 46512. Other than that no specific update. Play safe. Have a profitable day ahead. 📈📚 #TrendX #StockMarket #Learning #Nifty #BankNifty