An inverted yield curve is unusual; it reflects bond investors' expectations for a decline in longer-term interest rates, typically associated with recessions.
COROMANDEL breakout from resistance line is visible. Can it sustain momentum?
The bullish momentum is seen in MARUTI for the last week , breaking the Resistance line might create a bull motion with a target of 8400, while ultra bullish thesis might be a target of 10K
TATA MOTORS currently testing 340 resistance a breakout might lead to ATH of 600
HPCL is currently testing 310 level breaking this crucial level may followed by major bullish momentum to its ATH 480 levels
BULLISH VIEW :- If the underlying stock cross over "2350",Its good for the bullish momentum and can be seen as bull continuation started from 2017. NEUTRAL VIEW:- If the underlying stock fail to break the resistance level of "2350" ,It might retest descending line for future support. BEARISH VIEW :- If the underlying stock fail the crucial support of "1830" ,the...
There might be bullish momentum in the upcoming weeks ,as chemical sector is in bull run
It is moving toward all time high, hence be on alert to catch the bull!! ANALYSIS Breakout from ATH can create a bullish sentiment in this stock as well as whole IT sector. TARGET Great stock hold for ever, even covd 19 is a boon for this sector
DISCRIPTION LTI after making double bottom is moving towards all time high (ATH). It has broken the trendline clone as well as 0.786 fib-level. If the momentum is strong in Nifty IT ,LTI can easily break the ATH and another sharp bull run might be observed. EXPECTATIONS 1)Breakout from Trend 1 clone 2)Breakout from 4500 level RESULT If the expectations are met...
THE STOCK IS MOVING IN AN RISING CHANNEL.THE MOMENTUM IS STRONG AS IT BROKE THE RESISTANCE LINE .1500 IS THE SHORT TERM TARGET,WHILE STOPLOSS WILL BE CONFORMED IF THE CHANNEL IS BROKEN.
Breakout from this consolidation might lead to bullish sentiment