🚀 Dixon Technologies on the Verge of a Breakout! 🚀 Looking at the 4-hour timeframe, we see an interesting setup forming. Dixon Tech has shown resilience by bouncing off a well-established channel that’s trending upward. It’s touched the upper trendline multiple times, giving us a potential double top scenario. 📈 However, the latest breakout from the downtrend...
The Nifty 50 chart displays a classic head and shoulders breakdown, signaling a potential reversal of the prior bullish trend. The breakdown occurred as the price decisively breached the neckline around the 24,590 level, which coincides with the 70% Fibonacci retracement. This breakdown suggests a potential bearish move, with the price targeting key Fibonacci...
📉 IndusInd Bank’s Crash: What's Happening? 📉 Today’s massive drop in IndusInd Bank stock price has left investors stunned! The stock plummeted by over 22%, closing at ₹1,041.60, with a high at ₹1,694.50 earlier this year. With earnings missing estimates, reporting just ₹17 vs an expected ₹28.40 (a 40.14% negative surprise), the market responded aggressively. Even...
This chart on the Bank Nifty 2-hour timeframe tells a story of critical support and resistance levels. After breaking down from the rising channel and falling below the 50-period SMA, the index has shown weakness, retesting the channel and getting rejected near key moving averages. Bullish sentiment remains in check, with potential recovery only if the price can...
This chart shows a breakout setup, with the following levels as targets: Breakout level: 5,935 (23.6% Fibonacci) After the breakout from 5,935, the targets are: First target: 6,038 (38.2% Fibonacci) Second target: 6,123 (50% Fibonacci) Final target: 6,209 (61.8% Fibonacci) The invalidation level is at 5,771, where the breakout setup would be considered failed,...
📈🚀 KOTAK MAHINDRA BANK READY FOR A BULLISH MOVE? 🚀📈 We're eyeing a promising setup in Kotak Mahindra Bank on the 1-hour chart! After a strong uptrend from the lows of ₹1,770, it looks like we are building momentum for another leg up. Key Levels to Watch: 📊 Potential Upside: ₹1,920: A crucial resistance, breaking above this could propel us towards ₹1,942, a...
With the current price action targeting the 281-288 range and potential to push further towards 298, Zomato is shaping up to be one of the hottest stocks to watch! 🔥 But don't forget to manage your risks — the bull trend would be invalidated below 268, so keep a close eye on those levels. What's really exciting about Zomato’s growth isn’t just the food delivery...
Eyes on the breakout! 🎯 BHEL targeting 316 with a tight invalidation below 282. Risk-managed and ready for the move! 📈💪
#OFSS a move above 11550 would be a breakout and prove the breakdown as a fakeout. Just like #DIXON this can go above 12600 in no time after the fakeout and hence should be on our radars.
#OFSS can retest this as a resistance and fall a bit further off here! Can then target 10800, 10500 and 10300 off there with 11500 as invalidation.
REC LTD is showing potential as it attempts a bounce off the lower trendline of its falling channel, with targets set at 577-592 and a long-term goal of 616. Invalidation of the bull view occurs below 541. REC LTD, a key player in India’s power sector, finances and promotes renewable energy projects, making it a solid prospect in a growing industry. With a focus...
🚀 Nazara Technologies Breakout Alert! 🚀 Exciting times ahead for Nazara Technologies as the stock has officially broken out and is gearing up for a powerful rally! 🎯 With target levels set at ₹1060, ₹1215, and a potential high of ₹1315, investors are eyeing big gains. This gaming and sports media powerhouse has been making waves in the industry, and now, the...
🚀 Paytm on the Move! 🚀 What a time for Paytm investors! We’ve just witnessed a powerful bull flag breakout, one of the most bullish chart patterns in technical analysis. This is a textbook signal that a major upward trend could be underway. 📈 For those unfamiliar, a bull flag pattern forms when a stock makes a strong upward move (the flagpole) and then...
Zomato Breakout Alert 🚀 Zomato has broken through a key resistance level at ₹245, signaling strong bullish momentum. 📈 Volume Spike: The breakout is accompanied by higher-than-average volume, indicating strong buyer interest. Next Resistance: The next major resistance to watch is around ₹261. Support Level: Immediate support lies near ₹252, which was the...
Granules form 483 for Telangana plant...This point is very bad....torn documents will not sit well. So a news driven rally if 594 breaks can make it go towards 500.
Globus Spirits Ltd. breaks out of consolidation, fueling investor optimism as the stock charts a strong upward path in the market.
As the Fed prepares for a rate cut, concerns about slowing global growth and economic uncertainty are casting a shadow over investor sentiment. Bank Nifty could be under increasing pressure, with heightened volatility and downside risks looming large. With financials often sensitive to interest rate shifts, traders should brace for turbulence, as this policy...
As the Fed gears up for a rate cut, concerns about slowing global growth and economic uncertainty are weighing on investor sentiment. NIFTY may face increasing pressure, with potential for heightened volatility and downside risks. Traders should brace for turbulence, as this shift in monetary policy could trigger cautious market reactions and profit-taking. Stay...