Jio finance is a finance sector stock whose market cap is Rs 218965 crore. The fundamentals of the company are performing well and the company is generating good profit for the last 2 quarters. Now let's talk about technical analysis of the stock. Stock may be forming descending channel breakout with good volume.
Bel is a capital goods sector company whose market cap is Rs 218854. The stock has a peg ratio of 3.20 which is considered valued. Now we will talk about technical analysis, the stock has made its top above Rs 340 from where the stock can most probably go sideways. The support level of the stock is 1st 280 2nd 246
rbl bank is facing resistance at 278 and stock is banded above 238 level in last few days buying can be seen with a target of 278 as passed
The mcap of the stock is 21411 crore...now we are doing technical analysis of the stock which has made its top 4922, hence profit booking has been done in the stock...for the last time we have found 2 conditions in the stock, Either the stock will remain sideways for some time or respecting its Fib retracement it may come to 4200, 3800, 3400 step by step.
happiest mind stock analysis- The mcap of the stock is 12255 cr and the current price is trading at 805 p. According to the technical analysis of the stock, the support zone of the stock is 750. On the weekly timeframe, next week buying is expected...so you can keep an eye on it.
Axis Bank short term breakout range is... Once this 1200 is broken then in the coming time we can see a range of 1220-1250...
The stock's resistance level is 1200 and support level is 974, which is its Fib retracement level of 0.50.The fundamental of the stock is not good so if buying passes near 1200 then exit will be done.
If we want to see a rise in the market from here then Nifty will have to strongly break the level of 24900 and the sell side level is 23900
looks good with up side with good volume..follow strict sl; at 60 tgt 80-90
amar raja battery is a stock of auto battery sector. Whose market cap is 28266 cr... Valuation ratio is expected to reach 2024- Pe ratio-14.90 PB ratio -2.05 Now let's do technical analysis of the stock. The stock's resistance level is 1700 p with all time high of 1775 and support level is 1500 p. Currently the stock is not going to go sideways in the long term.
Bankniftay support level is 49600 and resistance level is 50800..currently there is a sideways range but the most likely resistance is likely to be broken
midcap break this level then will see breakdown. midcap nifty has strong support zone at 12430 level
we are seeing breakout level at 2900...facing resistance at this level and also seeing fibretracement 0.61 golden ratio so focus on this
Dow Jones resistance level 40240 is facing strong resistance
IT sector facing resistance level strongly.One of the strongest reasons for this is that there are elections in November, so we may see a bullish environment in the IT sector in the coming few months.
The stock returned 11% in the last 2 days, which is called the power of breakout range stock.
Focus this stock on breakout range from 120. breakout with good volume .next resistance level 146 ..keep on radar
My view is this, the stock is in the range of 526-728, sideways, and the stock is in the range of 700-730, which has strong chances of sustaining the breakout.