Earnings are kicking back after the pandemic. Can go back to its previous high.
Chiliz is facing a consolidation after a big breakout. A typical flag and poll pattern is observed. Looking at the combination of Bollinger band and fib retracement, a good buy zone is seen. Looks good buying at the zone.
BTC will come comeback to support. But that does not mean to wait for it. Markets cannot be predicted, they are just understood on historical performance. Start accumulation from the current price and keep adding it starts to retest the support zone.
Affle India is a technology company with a proprietary consumer intelligence platform that delivers consumer acquisitions, engagements, and transactions through relevant mobile advertising. It’s a Singapore-based company founded in 2005 and entered India in 2006. They work on Paas (Platform as a Service). Geographical- India - 47% and the rest of the world - 53%...
KIOCL moving in ascending channel. Showing signs of harmonic pattern formation with volume supporting it. Script credit - @vikramjain2626
Flag pattern forms in Binance coin, crypto under consolidation. If there is a breakout, a 50% up move is expected. Else Risk: Reward of 1:1. Flag was violated so a close eye is needed.
Wedge-style flag. Consolidating for a long time can show a 25-35% breakout in a couple of months.
Good TTM. Steady growth over the last couple of years. It is significantly unaffected concerning other businesses affected by the pandemic since business nature can be well managed by work from home. Prices have been consolidating since breakout and swinging in a small range. Once equilibrium is reached, it can show another breakout with similar gains as the...
This is short term target for GAIL. Prices are settling with good volumes. Can profit from volatility in rangebound trend.
HDFC consolidated by decaying exponentially and currently in a slow accumulation phase. Earnings looks decent for HDFC, can reverse back to the previous high. However, it provides a risk-reward ratio of approximately 1:2.
Historically script is bullish at the time of earning. TTM is better than last year. Can reach back to previous years(before covid-19) levels.
Remember folks, tata motors are strong on fundamentals. Although they have been heavily priced upwards in past quarters they might not fall back so quickly. There is tremendous potential for tata motors to grow. And growth stock generally gets priced really high. I think tata motors provide a healthy risk to reward ratio.
The idea should work in ideal condition. Markets are heavily influenced right now by institutional selling. Idea based on support - resistance formation. Analysis by Pranay Jain a.ka WizSmash
NSE:ITC Price very near to a strong support trendline. Formation of a divergence channel. Price movement backed by RSI and MACD signal(reversal). First resistance at 243.
Dogecoin is about to complete the wedge(flag) after its latest breakout. Looking at volume, it seems it will go back to the moon.