Good Morning Traders. Yesterday nifty and other indices has done well after opening in gap down. Means buyers are taking every dip. We can assume we have a strong support zone on nifty around 19300. Because it has taken just U turn on chart, as there was a previous support zone at same place. As long as this area getting supported we can see further buying for...
Hello Dear Traders. I hope you all will be doing good in your trading career. Guy's we have seen Head and Shoulder Neckline Breakdown Pattern in 30 mints chart and Banknifty also have broken Important support zone of 44200-44300. Chances are high we can see sharp downfall from here, So guy's plan your trade accordingly. Global news also coming negative and FIIs...
About Company:- Tata Motors Group is a leading global automobile manufacturer. Part of the illustrious multi-national conglomerate, the Tata group, it offers a wide and diverse portfolio of cars, sports utility vehicles, trucks, buses and defence vehicles to the world. Technical and fundamental analysis:- Tata Motors is consolidating in bullish flag pattern from...
Coal india trading in bullish uptrend channel and very soon coal india will take support of channel support and will shoot up for upside and it will convert into higher high and higher lows formation,,so after assuming all this we can say this will move towards 275+ levels very soon after taking support of channel,,so this could be a best swing trade for one to 3...
This was request by Maddy50 one of my follower,,so i am analysing behalf of him. well this stock is in downtrend since many month,,technically it looks penny stock i don't know properly, i have to check regarding why i found it is a penny stock because bellow daily time frame stock is not clearly showing its chart...well downtrend trendline breakout seen in this...
Shares of Geron have been on the retail trader’s radar following a series of news and industry catalysts. The late-stage biopharmaceutical company specializes in developing treatments for hematologic malignancies. At the beginning of the year, the company announced positive top-line results from its IMerge Phase 3 trials of imetelstat. t’s the company’s candidate...
Buy Newgen Software target of Rs 460 to 465. Result was good i mean result was quite mixed and its looking good also on chart so might be we can see some upside from these levels keep stop loss at 386. And hold
there could be a possible breakout in ETHEREUM very soon,,if this can break above 1386 and sustain then definitely that will trend change for ETHEREUM and then long term chart will be very attractive for this tiker,,,,and we can se towards 2050 level. please wait for level to enter in it. and put stop loss at 1180.
Metro Brands (MBL; CMP: Rs 875; Market cap: Rs 23,782 crore) posted a strong set of results in Q3FY23. Contrary to the commentary by various retail companies, which indicated some softening in demand in the post-festive period, MBL witnessed continued strong momentum towards the end of the quarter as well. MBL has a huge runway for growth and it is fast expanding...
Since morning it was bearish set up we seen trendline breakdown this move just to retest the levels i am thinking it should go for down, if my analysis will be good then we can see a downside move. Chances are high we can see some down move,. I think i am the only one who is bearish at here, where everyone on bullish side, so please i might be wrong also. So...
Bajaj Finance is mainly engaged in the business of lending. BFL has a diversified lending portfolio across retail, SME and commercial customers with a significant presence in urban and rural India. It also accepts public and corporate deposits and offers variety of financial services products to its customers. Market Cap ₹ 364,577 Cr. Current Price ₹ 6,022 High /...
Chennai Petroleum Corporation Limited - Falling trendline - breakout seen in the prices along with breakout in RSI. volumes, a bull sash candle, closed above EMA 61, all these are seen in the daily time frame, indicating a further up move in prices. Prices can move up at least up to 240 and above that, they can rally to 250 -275. Can be bought if the price...
After a short term correction, the stock has consistently been forming higher low formation, and formed a inverted head & shoulder and given breakout too,,On last Thursday, the stock has ralled 5% and also formed long bullish candle which is broadly positive. For trend following traders now, 20 day SMA or Rs.70 would act as a sacrosanct support zone. Above which,...
TVS Motor daily chart pe badhta he ja rha hai,,aur ye aur bhi badhega ish level se bhi,,Stock price has moved above 50 day exponential moving average on daily time frame. The MACD indicator also showing positive divergence in short term,,TVS MOTOR can fly till this level 1130 and if this level got sustained then definitely we can see it can reach previous highs...
After a long correction the stock took the support near Rs 3850 and reversed sharply, on last thursday the stock rallied over 5%. Despite tepid market condition, the stock held the positive momentum throughout the day. Technically, the medium term texture of the stock is still in to the bearish side. however, above Rs. 4000 the pullback formation is likely to...
We have seen proper breakout on this ticker and if this is going to sustain then definitely we can see blast in upside and soon it will cross 100 level and then that can head towards 125 and on more highs..well company is good to invest for long term,,it has good past track data so we can assume that can perform better in future and most attractive thing is...
BankNifty is trading in a range, and now it has taken support at lower range and also given a breakout of falling tredline in short term so we can assume a bounce back for 200-400 points in banknifty. So if anyone wants to go long from this levels can go right now it is trading at 39085 keep stop loss at 38875 and go for target 39300/39400/39500+. Chances are high...
The stock has risen above the falling channel on the daily and weekly chart, suggesting increasing bullishness. Besides, the stock price has moved above the 50 day exponential moving average on the daily timeframe. The MACD indicator also suggesting bullish crossover in ITC .. Stock kam se kam previous high pe to jana chahie jo ki 360 ka hai,,lower side bat kre to...