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...
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...
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:...
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...
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...
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.
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...
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...
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...
1) There is gap of 4.5% , 405-387 2) Break trend line 3) Pullback from 0.5% 4) continuous fall with sector
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
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
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
GODREJCP is looking weak making HH &HL BREAK DOWN a important support of 940/945 gap between 917-975
Balkrisind is in triangle pattern , and making LL &LH . and also it fall down fron a weekly DYNAMIC ZONE 2280/2300 is support zone
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
PFC 1) Monthly TF - Channel Breaking 2) longest time accumulated 3) tgt -160 / 192
we can see level of 7300 ALSO a break of trend line