sagartharayil

sagartharayil Updated 

✅Trading above key DMAs ✅Consolidating above 50 DMA. ✅Forming inside candles ✅Contracting Right at 50 DMA a ✅Trading near ATH ❗️Bearish sentiments in the market. ❗️Deep and prolonged pullback after each upmove. ▶️Market Cap---₹ 5,378 Cr. ▶️Current Price---₹ 450 ▶️Stock P/E---76.6 ▶️ROCE---14.3 % ▶️ROE---12.1 % Early entry with a limited quantity is possible...

sagartharayil

It is so funny, the more you watch the more pattern you see in NIFTY 50. Reminds me of our childhood where we used to see different shapes and forms up in the clouds. Nifty is trading on a trendline from Jun 2022. So far it has been respecting that trendline. 23300 range could act as a good support if Nifty reach that level. Let us watch if Nifty is reversing...

sagartharayil

✅Stock is in Uptrend. ✅HH_HL structure intact. ✅Trading in a channel and not violating the channel yet. ✅Right at DMA and close to the bottom of the channel. ✅Offering good Risk to reward. ✅Dry volume when pulling back. ✅Bouncing from 50 DMA each time the stock retrace and close below 50 DMA. ❗️Bearish sentiments in the market....

sagartharayil

✅Technically Good. ✅Trading Above 50 DMA ✅Did not fall much in this market correction ✅Stock is in an uptrend Higher High- Higher Low structure Intact. ✅Forming A VCP, Cup & Handle in DTF. ❗️Overall Market is weak ❗️Nifty Pharma is a little bit stretched and trading below 50 DMA ➡️Market Cap---₹ 4,410 Cr. ➡️Current Price---₹ 440 ➡️Stock...