No Over head resistence + Excellent Q2 Results Rest will be the history
A prior uptrend with 450% return Depth of Base is less than ≤ 25% Vol.greater than 40% above 50 Day average Catalyst: Good Q2 Result
The momentum is undeniable. It looks like the third white soldier is destined to claim its rightful place.
Dominant Sellers are prevented much awaited 3 year multi breakout Evening Star Formation At resistance Stock Slips below its short term Moving Averages
Last 5 trading days Stock price surged almost 29% Increase in FII's & DII's Stakes
Usha Martin's technical chart has been showing strong bullish signals. A confluence of three powerful patterns breakouts; Horizontal channel breakout, Inverted head and shoulder breakout, and Symmetrical triangle breakout with high volume, suggests a strong potential for an upward move. Let's have a closer look at this stock next week for potential...
Fundamentals may be a concern, but the technical picture tells a different story. Check out this chart.
1.Ends up a 3 month long consolidation with a decent breakout 2.Upward candles gained momentum 3.Tweezer Bottom Formation before trend reversal 4.Excellent bounce from 0.6 Fib + EMA 50 Confluence 5.Outperforming Sector & Broader market 6. Gained Momentum, trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages 7.Volume Gain 8....
Despite being removed from the Nifty 50 index,Divis Labs strategic focus on GLP-1 APIs presents a significant growth opportunity, with the market expected to reach $800 million by 2030.
SJS had a great first quarter with their automotive business exceeding industry growth. They also secured a new important customer and their new products are selling well. The company expects to keep growing faster than the market average Excellent Q1 Figures : SJS automotive business outperformed 2W+PV industry growth by >2.5x Dixon Technologies added as a...
Here's why DB Corp. is a hot stock: This stock is at the confluence of strong technical’s and impressive fundamentals DB Corp. smashed earnings expectations in their latest Q4, almost tripling their net profit. The company declared a generous dividend of ₹8 per share. The stock boasts a low PE ratio of 12.3, significantly lower than the industry average of...
Sansera Engineering Ltd. reported impressive Q4 results, exceeding analyst expectations. Revenue and EBITA surpassed street estimates, prompting brokerage firms to maintain their buy recommendations. Building on a 36% return in the past year, Sansera's stellar performance positions it for a potential bullish breakout. Technically, the stock appears on the...
Government Tailwinds for Solar The Indian government's PM Surya Ghar Yojana scheme presents a significant opportunity for Tata Power. This ambitious plan aims to install rooftop solar panels in 1 crore homes, creating a massive demand for solar modules (25-30 GW). Tata Power's Strategy to Capture the Opportunity The company plans to capture a significant...
1. Double Bullish Confirmation: Ascending Triangle and Inverted Head & Shoulders Breakouts Signal Potential Bull Run. 2.Clean Break out which is far away from Ascending Triangle's wedge Shows Breakout Strength 3.Strong Volume Accompanied the Breakout, Highlighting Bullish Momentum 4.This analysis is for educational purposes only and should not be considered...
Pharma on Fire ! Breakout Season in Full Swing ? Dr. Reddy's consolidating after a channel breakout, while Alembic, Natco, Torrent & Auro wait in the wings. Primal & Ajanta Pharma already rocketed! This Breakout Frenzy Hints at Sector Boom
The stock has been consolidating for 2.5 months, forming higher lows along the way. This could be a sign of a big move coming up! #NATCO #StockMarket #Breakout #TechnicalAnalysis This is for informational purposes only and should not be considered a buy recommendation.
Technical’s After 2.5 years of consolidation , recently CDSL has experienced a channel breakout, then moved to stage- 1 & 2 breakout & consolidation. CDSL is now advancing towards a potential stage 3 breakout There has been an increase in trading volumes since 27/03/24 Stock is trading above all key moving averages Fundamentals Posted stellar Q4...
Technical's Signal Breakout Potential: • Textbook Cup & Handle pattern suggests a bullish continuation . • Price rejection at the Fib 0.236 level and previous resistance zone confirms buying pressure. Strong Fundamentals Support Growth: • Q4 FY24 results show a solid turnaround with robust EBITA growth. • Profitability shift from loss to a PAT of...