FMCG major ITC currently trading at 424.90 rupees is going to see a major jump in its share price from the current levels to the levels of around 590-600 giving a return of around 60% from the present levels. The analysis is based on cup with handle chart pattern which can be seen in the chart posted with this analysis. the target will be achieved within this...
GILLETTE is currently trading around its all-time high (ATH) and presents an opportunity for a long trade with a promising risk-reward profile. The strategy involves entering a position at 4% above the ATH and employing a dynamic stop-loss approach to manage risk and maximize potential gains. Entry: Enter a long position at GILLETTE's ATH price + 4%...
Hello Everyone, i hope you all will be doing good in your trading and your life as well, i have brought another stock which is getting ready for big move, Company name is Lux Industry. My calculation is saying it is going to give huge move in one way towards 10000+ levels in coming time, as price has formed double bottom, and if you will see stock has done sme in...
Price has been tested around 0.5 Fibannocci levels and if it closes today strongly and i target it to the trendline drawn on 21062023 in the given chart. However, stock has got a high PB and PE ratio. Please provide your views if anything which i might have missed out.
📊 Pattern: Rising Channel 📌 Symbol/Asset: Britannia Industries 🔍 Description: FMCG Defensive stock available on Strong Support 👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
Gillette is in the same price range of 2017-18 but it has given a net profit of more than 1643 crores and it is 29% down from its lifetime high. SO it is currently an undervalued stock. If it reaches lifetime high then a profit of 37% is made on the bet but it will surely break the lifetime high and make a new lifetime high. The company has significantly reduced...
Stock is looking weak in daily time frame. From past few days it’s not able to cross it’s previous swing in daily time frame. It’s at crucial level 520-523. It has bounced multiple times from this lvl. However, if this lvl breaks on 30th June it will be good opportunity to go short. Please make sure there should be a bearish price action in 5/15minute time frame...
NSE:COLPAL COLPAL is looking bullish in weekly/monthly time frame. Last month there was a rejection from the top. However, it did not receive follow up for bearish momentum. Instead, stock has took support on last month’s closing levels 1590-1600. This is the good opportunity to go long if monthly/weekly candle closes near 1700-1710. We may see a big upside...