• The highly anticipated demerger of Jio Financial Services Limited is currently underway, and on 20th July 2023, Reliance shares finally went Ex-JFSL. • According to brokers' estimates, the per share price of JFSL was expected to be around 190. However, the market-derived valuation has exceeded expectations, reaching 261.85. This indicates that people have high...
Well, like always, the chart is pretty self-explanatory. Do check out our view on nifty50 of which reliance is a major chunk. If it was worth your time, do give us a like. Anything on your mind? Feel free to leave us a comment :) DISCLAIMER: WE ARE NOT ADVISORS. WE ARE NOT REGISTERED. THE IDEAS ARE MERELY PERSONAL OPINIONS. PLEASE CONSULT YOUR FINANCIAL...
With the markets being volatile, Nestle broke its support only to retest the zone. We may see a continuation of the downfall. What are your views????
A breakdown and retest of the upward channel can be seen on a 15 Min chart. If the low is triggered, we may see a good downmove???? What are your thoughts? Leave us a comment. Disclaimer: Please note that we are not registered advisors and the views expressed here are solely personal opinions. We strongly recommend consulting with your financial advisors...
Case Study: Nifty seems to be in a crucial position. It can either get stronger to give a flag pole breakout and extend higher in the near future OR BREAKDOWN to cover up the 3 remaining gaps. We know that 99% of the time, Nifty fills its daily gaps and with these 3 pending, an up move will only mean a future down move to cover them up later. It is better for the...
The chart is pretty self-explanatory. Now all that matters is if the price holds above the zone. if it does we may see good momentum. DISCLAIMER: THIS IDEA IS MERELY FOR EDUCATIONAL AND CASE STUDY PURPOSES. THIS IS NO ADVICE. DO NOT INVEST BEFORE CONSULTING YOUR FINANCIAL ADVISOR.
Edit - The horizontal line on the top is ATH ( Stupid White font) Disclaimer: Please note that we are not registered advisors and the views expressed here are solely personal opinions. We strongly recommend consulting with your financial advisors before making any investment decisions. We like everybody else, have the right to be wrong.:)
Disclaimer: Please note that we are not registered advisors and the views expressed here are solely personal opinions. We strongly recommend consulting with your financial advisors before making any investment decisions. We like everybody else, have the right to be wrong.:)
With a bias to RED, the chart is pretty self explanatory :) If you liked it, do give us a follow. We will keep posting such informative ideas :)