UnknownUnicorn39322609

UnknownUnicorn39322609

We have analyzed above mentioned stock on hourly time frame. We have used anchored VWAP and linear regression line. Stock has formed double bottom pattern at 75. As per anchored VWAP line, Support line at 79.60. Stock is currently traded at 80.90. We can buy this stock with stop loss of 79 and take profit around 87. Risk to reward ratio in this trade is 1 : 3...

UnknownUnicorn39322609

We have analyzed company on daily time frame. We have drawn linear regression line and anchored VWAP. We have seen strong support at 350-370 price level with strong volume .Based on parameters, any one can buy above stock with stop loss of 434 as seen in VWAP. Stock price can go up to 550.

UnknownUnicorn39322609 Updated 

Indus Tower is one of the flagship company for providing telecom network to licensed telecom operators Indus Tower is JV between Bharti Airtel Group and Vodafone Idea Group. Company has delivered 1. Company has made compounded sales growth of 35% in last five years. 2. Company has made compounded profit growth of 21% in last five years. 3. Company has generated...

UnknownUnicorn39322609

We have seen volume spurt in hourly candle of 28-11-22. Stock is showing increasing trend since couple of weeks. As per the Elliot wave analysis stock can go up to 132 in next month itself. Stock is having PE ratio of 2.82 and PB Ratio of 0.58 only. Company is Maharatna status in PSU unit.

UnknownUnicorn39322609 Updated 

I have observed double top patterned is formed in daily chart. I have also drawn regression line into it. Based on both technical analysis, short term move upto USD 89 per barrel can be expected. This move is for short term. We can expect fall within 1-2 days.

UnknownUnicorn39322609

On daily time frame, we have drawn regression line and on the balance indicator. Both are basic one. We have seen quick rise coupled with good accumulation in this stock. Median line of Regression chart is at 340. Stock is trading at CMP of 354. We have seen divergence in regression line with downward trend with upward line in OBV. It is showing tremendous...

UnknownUnicorn39322609

We have draw regression line on daily time frame with On the balance Value Indicator. Stock is showing meagre upward movement since last six months. from INR 264 to INR 295. However, OBV indicator is showing strong rising line. It is showing good accumulation. Chambal Fertilizers is one of the leading company for fertilizer manufacturing and supplying in India....

UnknownUnicorn39322609

NIFTY50 Index is range bound ( in range of 18000-18180 ) since 1-11-22. Eight trading sessions are gone. Index does not break the range. I drew a parallel lines for defining range. If, market showing upward trading in upcoming session, it will create double bottom and index will touch all time high in near future. However, If Index breaks 17900 on closing basis,...

UnknownUnicorn39322609

We applied parallel line and 20 moving average on weekly basis. Currently brent crude is trading at USD 97.31 which is upper range of parallel line and just above 20 moving average on weekly basis. If, brent crude could cross USD 100 psychological level on daily closing basis, we could se a good rally up to USD 115. As per my opinion, in order to go long; brent...

UnknownUnicorn39322609

I have observed that Kotak Mahindra Bank is in weekly range of 1650-2000 since two years. Bank Nifty has shot-up up to 71 percent in last two years. Kotak Mahindra Bank is one of the fig four bank in major four private banks namely HDFC, ICICI, Axis and Kotak. Still kotak mahindra bank is within the range. If, Kotak Mahindra Bank breaks range of 2000 and moves...