Key resistance levels to monitor include $46, where selling pressure may emerge, aligning with the 200-day moving average. A decisive move above these levels could lead to a rally toward $64. Conversely, support is observed around $35.50, which may serve as a potential entry point for investors. The chart suggests that SMCI may have completed an intermediate...
Analyzing price chart using Fibonacci retracement levels and Elliott Wave Theory. Key levels are as follows: $ 352: Strong support due to the 20 EMA and 0.68 Fib retracement. If it holds, a bounce could occur. That makes 352 a critical level—if the price holds and bounces, it could confirm the start of Wave 5 $ 320: If 352 breaks, this is the next major...
It looks like the beating is over for this stock and we have seen a healthy correction which now seems to be getting over. RSI has shown strength in the fall and has broken out of its trendline as you can see in the image, in such situations most probably the prices follow and the trend changes. I expect it to cross the previous high as Unicommerce is India’s...
with a major change in shareholding QOQ adding approx 8% FII & 8% DII investors this stock looks promising for the coming quarter and can be a great opportunity to buy at these levels. Abakkus Growth Fund participated in the Qualified Institutional Placement (qip) and bought 85,26,605 6.78% of the company. Expect the upper trendline to be tested during the...
It looks like the worst is over for the company as RSI has been flat while the price has been on a downward trend. Upward movement should start soon as the company has recently made significant strides in expanding its ethanol production capabilities and advancing sustainable chemical manufacturing. Investment in New Corn/Grain-Based Distillery On December 16,...
Completed its 5 wave and 3 ABC correction. Expecting a 50% move in next 2-3 quarters riding the third wave.
A breakout above 260 might take the stock to even higher highs in no time, but it might consolidate at current levels until DRHP files for the EV business.
Long term breakout with RSI breaking out before the price follows
The gap is being filled after a very long time..looks like will spike up with huge volumes.
Buy above 775 on a closing basis for 850-900-950. SL given in the chart
the script has bounced back from its 50 days EMA; close above 320 must for targets of 350; closing below 298 looks weak
If we get to see this script closing above 20 EMA; targets of 240 can be achieved this expiry
Stock is finally showing momentum and monthly breakout with huge volume can lead to 50% upside based on liquidity and growing digital market industry in the country.