srf hit multiyear breakout price will go 3500, 4000... Disclaimer: This is not a buy, sell, or hold recommendation
Technical Analysis: The stock is currently trading at its all-time high of ₹1,367, which may appear attractive to new investors. However, a triple top pattern is forming, indicating potential resistance at this level. This pattern is considered a bearish signal, suggesting that the stock may face rejection from this level. A potential downtrend toward ₹1,200...
CGPower is a large-cap stock with a market capitalization of ₹98,023 crore. The stock currently trades at a Price-to-Earnings (P/E) ratio of 104, which is significantly higher than the industry average of 64. Based on these fundamentals, CGPower seems to have entered an overbought zone, suggesting that the stock may be trading at a premium compared to its earnings...
Doms Industries, a name synonymous with stationery and art supplies in India, has recently captured investor attention with its IPO. While the brand enjoys strong consumer recognition, a deeper dive into its financial health and market dynamics is crucial. Key Observations: Valuation Concerns: A market capitalization of ₹18,333 Crore positions Doms as a...
castrolind short term breakout .If this level make strong resistance zone so if break will make atleast 10% return
poor fundamental company...if fundamental will recover this year hopeful will see up side and as of technical analysis this zone is important support zone ....250 range
strong resistance at 45082 level. focus on this level crucial level for dow jones
Market Cap: ₹46,547 Crores (Indicating a large-sized company) PE Ratio: 32.34 (Slightly lower than the industry PE of 40.38, suggesting potential undervaluation) Book Value: ₹174.85 (Represents the value of each share as per company accounts) Price to Book Value (PBV): 2.22 (Indicates that the market values the company 2.22 times its book value) Solvency Ratio...
Equitas Bank stock (EQBNK) has seen a significant downturn from its all-time high of 116, currently trading 47% lower. Chart Analysis: Key Resistance Broken: A crucial development is the recent break of the 66 resistance level. This bullish move initially propelled the stock upwards by 7%. Support Level: Following this initial surge, the stock has experienced...
Axis Bank is currently trading near a crucial support level at approximately ₹1120, significantly below its all-time high of ₹1340. Recent price action within a range of around ₹1133 indicates a period of consolidation. Bearish Scenario: A decisive break below ₹1120 would be a bearish signal, potentially triggering a further decline towards ₹1080. Market...
"Bank Nifty, after reaching its all-time high of 54,338, has faced significant downward pressure. A low of 49,904 was recorded, marking a decline of approximately 8%. The index is currently testing a critical support level at the 200-EMA. A decisive break below this level could signal further downside potential. We will closely monitor price action and indicators...
"In recent days, Nifty has formed a bearish head and shoulder pattern, indicating potential downside. It has currently reached 26,277.34, which is approximately 10.50% below its previous high. The 23,500 level is a crucial support zone, coinciding with the 200-day Exponential Moving Average (EMA). Historically, Nifty has tended to bounce off this...
Head and shoulder pattern is forming and support for the stock is at 390.