HDFC AMC looking ready to bounce from supportThere is a strong demand zone for HDFCAMC at 1950-2010 levels. Today, it gave a good 5% move by bouncing frok yesterday's low of 1990.
It might retrace at around 2050-2070 tomorrow.
RSI has gained strength at the support in both daily and weekly time frame.
Minimum target can be around 2450-2500.
This is just my personal opinion.Please don't trade on basis of this.
BLUECHIP
L&t at a crucial supportLT had given an upmove of massive 30% in just 6 months from its previous breakout level of 1600 shared earlier.
It has already retested that breakout zone. Currently, stock is trading at its 200 DEMA and a strong demand zone of 1720-1740.
This stock is looking great for long term as well as short term investing at this current price.
SRTG: RETEST TRENDLINE & FALLING WEDGE, BULLISH BIAS CONFIRMED?Hello Stock Market Enthusiast! Here's Long-term outlook for SRTG, Support the Channel by smashing the FOLLOW and LIKES Button, then Share your opinion on the Comment Section below.
SRTG created a falling wedge pattern and rebound on the bullish trendline. The Golden Cross of Stochastic Indicator indicated a potential bull momentum ahead. Therefore, There is a probability of bullish movement to the target area.
The roadmap will be invalid after exceeding the support/target level
*DISCLAIMER:
This isn't a recommendation to buy or sell stock, only an Outlook from technical perspective.
"We might cover NASDAQ or Other Indexes in the near future so stay tune on the channel"
TLKM: THE RAISE OF TELECOMMUNICATION INDUSTRY?Hello Stock Market Enthusiast! Here's medium-term outlook for TLKM, Support the Channel by smashing the FOLLOW and LIKES Button, then Share your opinion on the Comment Section below :)
*TLKM created a symmetrical triangle on h4 Timeframe
*TLKM has broken out of the symmetrical triangle which indicates a potential bullish movement ahead
*MACD indicator starts crossing up above the zero level area, that signify the stronger bullish momentum may remains in the future.
The roadmap will be invalid after exceeding the support/target level
*DISCLAIMER:
This isn't a recommendation to buy or sell forex pairs,only an Outlook from technical perspective.
ASII: INDICATION OF AUTOMOTIVE INDUSTRY RECOVERY AHEAD?Hello Enthusiast Stock Traders! Here's Medium-Term outlook for ASII, Please give us the thumbs up and support the channel by Smashing the FOLLOW button :)
ASII has broken out of the Descending Broadening Wedge Pattern Impulsively. The MACD already crossed above the zero level area, it signify the potential upside movement ahead.
The roadmap will be invalid after exceeding the support/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the Stock.
PENN Long - One Dip, Everybody Knows The Rules.Penn has experienced a substantial drop in share price due to a correlated attack from Business Insider against CEO David Portnoy being released the same day as an earnings miss. The CEO of Business Insider is barred from ever trading securities again in the United States derived from a history of insider trading. Penn Is a large player in the Casino industry and have been seen in recent years branching out to other forms of media. Long story short - Penn is highly-highly undervalued in this position and the market will soon capitalize on the opportunity.
I typically don't post equity charts but this one is free money.
-xx HoodChef
PMMP: INDICATION OF RECOVERY ON CONSUMER GOODS STOCK?Hello Enthusiast Stock Traders! Here's Long-term outlook for PMMP , Please give us the thumbs up and support the channel by Smashing the FOLLOW button :)
PMMP is breaking out of the Wide Range Falling Wedge Pattern. Breakout of Falling wedge pattern could indicates the possibility of bullish movement. The momentum indicator already crossed above the zero area, it signify the potential bullish bias ahead.
The roadmap will be invalid after exceeding the support/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the Stock.
LPPF: BREAKOUT DBW, WILL IT BE THE RAISE OF RETAIL INDUSTRY?Hello Enthusiast Stock Traders! Here's Long-term outlook for LPPF, Please give us the thumbs up and support the channel by Smashing the FOLLOW button :)
LPPF is breaking out of the descending broadening wedge pattern. Breakout of descending broadening wedge pattern could indicates the possibility of bullish movement. The momentum indicator crossed above the zero area, it signify the potential bullish bias ahead.
The roadmap will be invalid after exceeding the support/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the Stock.
MYOR: BREAKOUT CHANNELING, INDICATION OF BULLISH TREND AHEAD?Hello Fellow Traders, here's your free outlook for AUDUSD! Don't forget to smash the LIKES, COMMENT, and FOLLOW button to support the channel :)
MYOR broke out of the flag pattern. Breakout of flag pattern indicates the possibility of bearish movement.The momentum indicator is crossing upward above the zero area, it signify the potential bullish movement to the target area.
The roadmap will be invalid after exceeding the support/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the MYOR
BBRI: INDICATION OF POTENTIAL BULLISH TREND ON BANKING SECTORSHello Enthusiast Stock Traders! Here's Long-term outlook for BBRI , Please give us the thumbs up and support the channel by Smashing the FOLLOW button :)
BBRI has broken out of the Falling Wedge Pattern. Breakout of Falling Wedge could indicates the possibility of bullish movement/reversal ahead. The momentum indicator already crossed above the zero level, it signify the potential upside movement to the target area.
The roadmap will be invalid after exceeding the support/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the stocks.
ARTO: IS IT THE DIGITAL BANKING POTENTIAL UPSIDE MOVEMENT?Hello Traders, here's your free outlook for ARTO! Don't forget to smash the LIKES, COMMENT, and FOLLOW button to support the channel :D
ARTO is creating the bullish flag pattern. Breakout of Bullish flag is indicating the possibility of upward movement to the target or resistance area. The momentum indicator is crossing up above the zero level. Therefore, there is potential upside movement to the target area.
The roadmap will be invalid after exceeding the support/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the stock.
UNTR: INDICATION OF RECOVERY ON HEAVY INDUSTRY SECTOR?Hello Traders, here's your free outlook for UNTR! Don't forget to smash the LIKES, COMMENT, and FOLLOW button to support the channel :D
UNTR is creating the base pattern after breaking out of bearish trendline. Breakout of bearish trendline is indicating the possibility of upward movement to the target or resistance area. The momentum indicator is also pointing up in the neutral area,indicating potential bullish bias to the target area.
The roadmap will be invalid after exceeding the support/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the stock.
PRDA: IS THERE ANY UPSIDE POTENTIAL LEFT IN HEALTHCARE SERVICES?Hello Traders, here's your free outlook for PRDA! Don't forget to smash the LIKES, COMMENT, and FOLLOW button to support the channel :D
PRDA is creating the bullish flag pattern. Breakout of Bullish flag may occurs in the near future,indicating the possibility of upside movement to the target/resistance area. The momentum indicator is pointing up in the neutral area. Thus, there is a potential upside movement to the target area.
The roadmap will be invalid after exceeding the support/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the stock.
lambda/usdt is waking up in middle of alt seasonso when we talk about blue chip it refers to stable and reliable stock which keep you safe as a back up. in my opinion lambda could be blue chip for every kind of traders even long or short daily or monthly. it grows slowly but stable. in other hand it has a proper white paper. in my analyses with regard to vol/market cap i expect more than 400% profit from it.
"not suggested to buy or sell"
COMPUND FINANCE (COMP) Looking Nice.Looks like we're sailing towards some price appreciation in the days to come. Blue chip DeFi projects such as Compound Finance will perform well throughout this year. Decentralized lending protocols play such a vital function in DeFi.. We're oversold on the daily Stochastic RSI and about to bullishly diverge on the MACD. I'm liking how COMPs chart is looking moving steadily sideways. May be a decent time to get in on a short term. Only 10,000,000 coins and 55% are already circulated. COMP has great potential to easily be a $1,000+ coin this cycle. Good Support at $400!
Peace, love, health, and wealth be with you.
BRITANNIA: Consumption SectorSl- 3250
#CLEANANDCLEARCHARTS
WHY does consumption sector stocks like ITC, BRITANNIA, NESTLE does not participate in this whole rally of nifty?
EVEN these were the few sectors which were used throughout the lockdown and then also it didn't give breakout or 100-200% return.
BECAUSE at that time everyone knew that consumption sector is never going to be in bear phase and when everyone new something then it will eventually not happen in Stock Market.
It is a BLUECHIP stock and it won't start rallying from tomorrow. It will take some time, if nifty starts retracing this week then it will participate.
And in next Index rally will outperform.
CONSUMPTION sector stocks are like metal sector - They have their own Cycle(Periods of consolidation)
so PLAN OF ACTION is try to buy every dips towards that yellow zone( the more closer to yellow zone= less SL)
(Will post analysis of ITC, Nestle, HUL, Dabur)
Queries in comment section.
LONG MATIC: Massive Cup & Handle Breakout on Volume!LONG MATIC: Massive Cup & Handle Breakout on Volume!