NiFTY PSEPSE Sector is expected to give a run up in the next few days where Nifty is expected to retrace in this period.
It might probably reach upto the Trendline resistance and then analyse further at that time.
Gann Box
PNGS GargiMicro Cap
Looks good technically and fundamentally decent stock as well.
Delivery good quarterly results too
Weekly candle BO and in to the new Gann level zone.
Caplin PointWeekly closure above 818 is a good entry or wait for the retest of the Trendline and can enter
Delivered good results and technically looks good as well
TBZBreakout is achieved with huge volumes followed by good quarterly results.
Entered into the bullish Fann zone.
Levels are marked in the chart.
Triveni TurbinesChart speaks by itself
Into the new zone forming breaking out Inv H&S structure and volumes have been increasing for the last 3 months
NLC India Looks good after breaking out long term trendline
Monthly RSI is above 65 after many many years and it shows strength aloh with the volumes
Fundamentally good stock too
Initial entry can be taken now and add more positions once it crosses 103 on the weekly basis.
RPP InfraPerfect setup for becoming a multibagger
Broken out long term trendline and right at the resistance of one of the box levels at 57
Weekly Closing above 57 is a good entry
Fundamentally decent stock too
ConFinvestConFinvest -
Making a beautiful setup which is also a fundamentallyvgood stock.
Keep an eye on this gem
Torrent PowerLooks good above 680 but a light position can be taken now based on the technical indicators.
Nava Multi year BO looks imminent as the technical indicators suggests.
Would be ideal to take an entry after 292 and can expect for the target 1(0.6 level) and then Target 2(0.75) levels
MazdaMazda:
Looks excellent after a multi year BO.
Would most probably give handsome results in a short time
Not an investment advice
SP Apparels Bullish setup
Most of the textile stocks including GOKEX, Nitin Spinners and other export companies look good
Nitin SpinnersLooks good above 278 and chart looks good all the Daily, Weekly and Monthly timeframes
Buying Trend Continuation on CHFJPY. The Swiss Franc/ Japanese Yen pair appear to be on a strong bullish direction since September 2016. However, since January 2023, we can see a steeper and stronger bullish pressure on the pair.
The CHF/JPY pair is currently trading in a swing Premium level, and has been for months, but while we predict that the pair should sell, Fundamentals has also been adding to the massive gain in the CHF pair. Our confluences for a Bullish trend continuation include:
1. HTF bullish trend.
2. FVG range (146.402-149.287) is unbroken, but instead acts as a SUPPORT LEVEL.
3. Price hasn't still reached our main Point of Interest (POI, which is at 158.520).
4. Price is currently at Equilibrium on the Daily chart.
Therefore, we are expecting a consolidation on the 50% level, before an expansion towards 155.583. Let's be expectant between today and Friday.
Sharda Crop - Swing TradeLooks good after trend line BO and retest and weekly candle going past one of the Gann levels , closing above weekly 50 EMA after almost 8 months and entering new Fann angle.
Rama Steels - Long term BOLooks good after breaking out a long term trendline and monthly candle opening above the close of the previous candle and will be moving rapidly once it crosses 44.7
Keep an eye on this script
Patel Engineering Risky Bet based on the recent awards and projects it has been winning lately and could be a turnover story
Has broken out of the long term downward resistance trend line and crossed bothe Gamm box and Famk angle levels
Andrew YuleAndrew Yule - Setting up nicely with HL formation and closing out of falling trendline resistance and gann box level.
Parvnath DevelopersPenny Stock (Risky One)
Monthly Flag Pole BO and closing above Monthly 50 EMA and looks good for reversal
