ashishmore1047

ashishmore1047

Breakout Confirmation: Current CMP: ₹558.05 -Breakout Level: ₹496.30 -The stock has recently broken out of a long-range consolidation pattern. Target Levels: -Based on technical analysis (rectangle breakout pattern), the price target is ₹700 - ₹750. Volume Confirmation: -Relative Volume: 7.21X (indicating strong interest and participation in the...

ashishmore1047

Current Zone: - NIFTY is trading between the No Trading Zone of 24,800 (Resistance) and 24,140 (Support). Market Fall: - NIFTY has declined by 11.47% from its recent top, indicating significant bearish momentum. Fibonacci Resistance: - At the 24,800 level, there is strong resistance at the 0.50 Fibonacci Retracement level. On-Balance Volume (OBV): -OBV is...

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MAKING NEW HIGH Current Price Movement: Motherson International is trading at ₹211, showing signs of strength after a recent pullback. Sectoral Strength: The auto sector is witnessing a breakout, adding further momentum to the stock. Volume Surge: Increased volume suggests heightened interest from traders and investors, signaling potential upward...

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Sector Trend: The Pharma sector is showing a bullish trend, providing sectoral support to Lupin. Technical Breakout: Lupin has broken above the significant resistance level of 2130, which has been intact since 2015. Volume Confirmation: Strong volume is accompanying the breakout, indicating robust buying interest. Stop Loss: Set a stop loss at 2000 to manage...

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Recent Performance: Motherson International experienced a significant 45% upmove last month following a breakout. Pullback Opportunity: The current pullback presents a favorable reentry point for investors. Strong Fundamentals: The company's fundamentals remain robust, supporting a positive investment outlook. Target Price: ₹250 Stop Loss: ₹170 Recommendation:...

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Bullish Outlook: Voltas is showing a positive trend and appears bullish. Breakout Confirmation: The stock has broken out of its 2021 range and has consolidated between ₹1300 and ₹1400. Entry Signal: Consider buying if the stock trades above ₹1600 with decent volume. Stop Loss: Set stop loss between ₹1530 and ₹1500 to manage risk. Target: Swing to positional...

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Trade Idea: Stock: L&T Finance Holdings (LTF) View: Bullish Entry Level: Above ₹181 Target: ₹300-₹355 Stop Loss: Custom based on risk tolerance Key Points: 1.Stock is near a breakout zone of the 2017 level high at ₹198.90. 2.Currently accumulating in the ₹170-₹180 range with notable volume. 3.Potential for upward movement if the price successfully crosses the...

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Trade Idea: Stock: ICICI Prudential Life Insurance Company (ICICIPRULI) View: Bullish Entry Level: Above ₹732 Target: ₹1150 Stop Loss: ₹640 Key Points: Breakout above 2021 levels observed. Significant breakout accompanied by high volume. Price crossed the 40-week moving average. Increased interest from market participants evident.

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All-Time High: HSCL is trading at an all-time high, indicating strong bullish momentum. Retest of 400 Level: The stock successfully retested the 400 level, confirming support. Volume Confirmation: Increased volume suggests strong buying interest. Consolidation and Breakout: The stock has consolidated and broken out, followed by a retest, which is a bullish...

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Technical Breakout: The company has broken a key resistance level after 7 years, indicating a strong bullish trend. Target Price: Anticipating a target of ₹1800, suggesting significant upside potential. Support Level: Potential retest of the ₹1100 level, offering a good entry point. Outperformance: Over the past 6 months, the company has consistently...

ashishmore1047

Based on my technical analysis, I foresee a bullish trend in the IT sector for the next 3-4 months. The following points outline the key reasons behind this optimistic outlook: Key Observations: Cup and Handle Pattern: A positive cup and handle pattern has formed on the weekly timeframe. This pattern is known to be a bullish continuation pattern, typically...

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1) There is gap of 4.5% , 405-387 2) Break trend line 3) Pullback from 0.5% 4) continuous fall with sector

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Flag and poll pattern & channel pattern up direction uptrend zigzag support on important level of 405 break out of Monthly level tgt 472/500 for swing or positional sl swing low

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Head and shoulder pattern support on 3590 level break with huge red candle continuous selling pressure GAP in 3096.30 to 3207 its 3.45% may it come down to fill that GAP SL IS 3680/3700 Support 3000/3025

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ZEEL looking weak major resistance and weekly dynamic zone @ 325 gap of 7.70% between 261.75-281.25 also breakdown of 1HR trend line if it break 287/292 level then it fill gap

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GODREJCP is looking weak making HH &HL BREAK DOWN a important support of 940/945 gap between 917-975

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Balkrisind is in triangle pattern , and making LL &LH . and also it fall down fron a weekly DYNAMIC ZONE 2280/2300 is support zone

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Because of Result its gap up 4.25% .. and high was 866 but not sustain above 855 & then making LL &LH And finally broke the level of 824/827 if banknifty weak may it fill gap tgt 870/865