With its strong foothold in the Indian banking sector and commitment to providing financial services to customers, Indian Overseas Bank presents an intriguing opportunity for swing traders. Reasons are listed below : Strong Support at 55-60 Zone : IOB has established a robust support base in the 55-60 zone, from which the price is rebounding, reflecting...
A potential swing trade opportunity in Cyient , a leading global engineering solutions provider, renowned for its innovative approaches and commitment to sustainability. Reasons are listed below : The stock is currently retesting the significant resistance level of 1800, which historically served as a strong barrier. This retest could indicate a potential...
This stock looks good for a swing trade. Reasons are stated below : 1566 levels acted as a resistance but the price broke that level and now its retesting the same. Formed a morning star pattern on daily time frame. 0.5 level Fibonacci support. 50EMA support on daily time frame. target - 1950 stoploss - 1508
This presents an attractive opportunity for swing traders to capitalize on the potential uptrend in Hindustan Petroleum Corporation Limited ,a leading energy company in India engaged in the refining and marketing of petroleum products. Reasons are listed below : Strong Support at 450 Level : HPCL has established a robust support level at 450, indicating...
This chart reveals a harmonious convergence of price action and key indicators, suggesting a potential buy opportunity on the horizon. The stock has displayed remarkable strength, with patterns that indicate a possible upward trajectory. Reasons are stated below : price tested 168 levels twice on weekly tf and finally has come down to retest after a strong...
Sapphire Foods , a leading player in food and beverage industry, emerges as a potential swing trade candidate. Reasons are listed below : Ascending triangle pattern breakout observed, suggesting potential bullish continuation. Bullish engulfing candle on the weekly timeframe, engulfing the previous 13 weekly candles, indicating a strong bullish reversal. ...
- Trade Strategy: Trend Trading - Sideway Bounce Setup - Key Levels: Key Support at 1.2461, Target at 1.2502 - Profit Potential: 41 pips (410 USD/lot) Analysis: - Trade Strategy: Trend Trading - Sideway Bounce Setup - Key Levels: Key Support at 1.2461, Target at 1.2502 - Profit Potential: 41 pips (410 USD/lot) Trade Plan: - Long Opportunity: Consider going long...
This Tasty Treat is at the bottom of the Channel, as you can See. Springboard, with that Strong Marubozu. I dont Even have to Tell you, What's Next...!
MapmyIndia (CE Info Systems) presents a compelling prospect for swing traders. Combining innovative technology with mapping solutions, MapmyIndia has established itself as a leader in the navigation and location-based services industry. Reasons are listed below : The 1600-1700 range, once a challenging barrier, has now transformed into a strong support...
Today, we delve into KPR Mill Ltd , where a confluence of technical factors suggests a potential swing buying opportunity. Reasons are listed below : KPR Mill Ltd recently revisited the critical support at 760 levels, a zone that has historically proven significant. The noteworthy aspect is the successful breach and subsequent retest, signaling potential...
In the dynamic realm of market opportunities, Latent View Analytics emerges as a compelling prospect, poised for an upside rally. Reasons are listed below : After multiple tests at the crucial 500 level, Latent View Analytics is currently positioning for a decisive breakout. Robust bullish marubozu candles, both on the weekly and daily timeframes, signal a...
ACC has recently emerged as a focal point of interest, presenting a promising buying opportunity when analyzed through the lens of technical indicators. Reasons are listed below : The 2080 levels underwent multiple tests before the price eventually broke through. Currently, the price is in the process of retesting those levels. A bullish marubozu candle is...
Renowned as a premier housing finance company in India, India Bulls Housing is esteemed for its innovative financial solutions tailored to the housing sector. Delving into technical indicators and price action, we uncover compelling factors signaling a potential buying opportunity within India Bulls Housing's stock. Reasons are listed below : Multiple tests...
Celsius Holding with ticker CELH is looking good in my opinion. This non alcoholic beverage company is ranking as the 2nd best company in this sector, Coca Cola is number 1. When we compare those two stocks, KO has a market cap of $260 billion and CELH has a market cap of just $15.64 billion. The chart is looking pitch perfect, just like the financial data of...
On the chart of DOT in pair with USDT, we can observe a second correction close to around 30%, what is more, we can see here how the price is approaching a strong upward trend line. This would indicate green zone number 1 as a potential entry into long positions, while the next zone marked in green may be the second purchasing zone to increase the position and...
In the ever-evolving tapestry of stock markets, CoForge has emerged as a compelling prospect, hinting at the possibility of a promising rally. The technical landscape paints an intriguing picture, suggesting favorable conditions for a potential swing trade. Reasons are listed below : CoForge has undergone multiple tests within the 5800-5900 zone, breaking...
NYSE:BA is definitely below its current fundamentals for the 1st quarter of 2024. This was the biggest gain of all the Dow 30 components yesterday. It was an obvious reversal point at a prior Buy Zone at October's lows. Yesterday was driven by pro traders with a run up at open rather than an HFT gap up at open. We can also see the pro trader nudge pattern in...
Currently, my eyes are focused on couple of stocks with good potential and positive fundamentals following them. The one I am watching for quite some time now is JPM, JP Morgan, one the biggest US banks. JPM with $3.7 trillion in assets at this moment, is the largest US bank, and it has a full 16.3% of the total assets held by all the US commercial banks. This...