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Agarwal Industrial Corporation Ltd (AGARIND) is a diversified industrial conglomerate primarily engaged in the manufacturing and trading of petrochemicals, logistics of bitumen and liquefied Petroleum Gas, and energy generation through Wind Mills. Let's dive into the company's financial performance and technical analysis to assess its investment potential. ...

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Ashapura Minechem Ltd has shown a remarkable progression in its quarterly sales figures, escalating from INR 350 crores in December 202 to an impressive INR 713 crores in December 2023. This consistent upward trajectory is indicative of robust sales growth, a positive sign for potential investors. Despite facing challenges, as evidenced by the volatile operating...

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Introduction: Data Patterns (India) Limited is a prominent player in the Defence and Aerospace Electronics sector in India. With a focus on in-house development and manufacturing facilities, the company has been catering to the indigenously developed defence products industry for over 35 years. In this blog, we will delve into the key aspects of Data Patterns...

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As a technical analyst, I'm excited to share my latest findings on HDFCAMC, a stock listed on the National Stock Exchange (NSE). After conducting a thorough analysis, I've identified a unique trading opportunity that presents itself at the intersection of strong support and resistance lines. The Setup HDFCAMC has been trading within a well-defined range...

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Introduction APOLLOTYRE, a leading automotive company, has been making waves on the NSE Stock market recently. With its stock price bouncing back from a bearish trend, the company's shares have caught the attention of technical analysts and investors alike. In this blog, I'll take a closer look at the technical analysis of APOLLOTYRE's stock price and evaluate...

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I believe Pricol Limited presents a compelling long-term investment opportunity. Pricol is a leading manufacturer of instrument clusters and other allied automobile components, serving both original equipment manufacturers (OEMs) and the replacement market. Founded in 1974 and headquartered in Coimbatore, Tamil Nadu, Pricol has established a strong presence in...

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Introduction In a world where finding an edge in the market can make all the difference, we've identified a compelling opportunity with the GNFC stock currently trading on the National Stock Exchange (NSE) at its current market price (CMP) of Rs.619. This isn't just a hunch; our analysis suggests that there are strong reasons to believe that this stock is poised...

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Oct-Dec 2023 Consolidation From October to December 2023, WBA formed a regression channel on the 4h timeframe, which was a period of consolidation. The channel was marked by a support line drawn on the 1d timeframe, which acted as a resistance line on the 4h chart. Dec 2023 Breakout On December 2023, WBA broke out of the regression channel, reaching a high...

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Introduction: In this blog, we will discuss a potential shorting opportunity in ICICIPRULI, a stock listed on the National Stock Exchange (NSE). We will use a regression channel trading strategy to analyze the stock's price movement and identify a possible entry point for shorting. Regression Channel Analysis: ICICIPRULI has been trading within a clear...

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I am excited to delve into the intriguing scenario currently unfolding in Dalmia Bharat Limited's (DALBHARAT) weekly time frame. The company's shares exhibit a classic triangle pattern, which presents a compelling opportunity for both aggressive and conservative investors alike. The Setup Since late December, DALBHARAT has been confined within a symmetrical...

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As a seasoned stock market wizard and dedicated blogger, I present an intriguing technical analysis of IDFC FIRST Bank (IDFCFIRSTB), a financial institution known for its robust performance and strategic growth. In our current discussion, we will delve into the recent price action and potential entry points for investors seeking to capitalize on this promising...

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In this informative blog post, we will discuss Exide Industries Limited (EXIDEIND), a company listed on the National Stock Exchange (NSE) of India, whose share price has recently shown significant momentum by breaching the Fibonacci 0.236 retracement level with substantial trading volumes. This technical analysis indicator suggests that there may be potential...

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Introduction: As the stock market wizard and ghost writer, I have been analyzing PNCINFRA, a stock listed on NSE, which is currently trading at Rs.413.55. In this blog, I will share my analysis and insights on the potential bullish opportunity in this stock. Fibonacci Retracement: The fibonacci retracement analysis reveals that PNCINFRA has the potential to...

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As we delve into the captivating world of MTAR Technologies Ltd., a pioneer in the manufacturing sector since 1970, it becomes evident that this company has not only weathered the test of time but also demonstrated an impressive resurgence in recent market activity. With a diverse portfolio spanning energy, nuclear, space, aerospace, defense, and other...

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Introduction: IRM Energy, a company listed on the National Stock Exchange (NSE) of India, has been making waves in the stock market with its recent price movements. The stock has been respecting a two-month support trendline and has currently broken out of a two-month resistance horizontal line with a strong candle. This article will provide a technical...

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In the four-hour timeframe of the CAD/JPY chart, a bearish Cypher pattern has formed. This pattern is a relatively advanced harmonic pattern that can be used to identify potential trend reversals. The Cypher pattern is made up of five points, labeled X, A, B, C, and D. In this case: Point X is the starting point of the pattern. Point A is a retracement...

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Greetings, fellow technical enthusiasts! Today, we set our sights on APARINDS, a stock listed on the NSE exchange, embarking on a technical analysis voyage guided by the celestial beacons of trend channels, support and resistance lines. Charting the Uptrend Corridor: Green Guardian: Our journey begins with the verdant green line, a stalwart resistance...

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Greetings, fellow TradingView enthusiasts! Today, we embark on a technical odyssey to decipher the enigmatic whispers of the XAUUSD chart. Armed with the wisdom of trendlines, ATR, and Fibonacci retracements, we shall navigate the price labyrinth and uncover potential turning points in gold's majestic dance. Charting the Cosmos: Ray of Hope: Our...