Page Industries presents a compelling investment opportunity, supported by both technical indicators and robust fundamentals.
Reasons are listed below :
Technical strengths :
The psychological level of 35,000 has shifted from a resistance point to a strong support level, reflecting market confidence in the company's prospects.
The formation of a hammer...
Indus tower stock trades on indian market is going to ready for break out after six years . It is on rounding bottom pattern . On both weekly and monthly it is ready for break out . On both time frame rsi is also on higher side .
There seems to be a strong breakout in CASTROL IND . This could potentially be an excellent swing trade.
Reasons are listed below :
Multiple tests on 161 levels and finally the price broke these levels with high volumes.
Marubozu candle (bullish sign) on weekly timeframe.
Breakout after a strong consolidation of 5years .
Stock price is above 50 and 200EMA...
This presents an attractive opportunity for swing traders to capitalize on the potential uptrend in Petronet LNG .
Reasons are listed below :
Breakout of Strong Resistance at 300 : Petronet LNG has successfully broken above a significant resistance level at 300, signaling potential bullish momentum.
Bullish Marubozu Candle on Weekly Timeframe : The presence...
The technical intricacies of NAUKRI (INFOEDGE) indicate a promising buying opportunity.
This is a very good buying opportunity for such a fundamentally strong stock.
Reasons are stated below :
The 5015 levels experienced repeated testing before the price successfully breached them. Presently, the market is undergoing a reevaluation, with the price in the...
A potential swing trade in Finolex cables , a prominent figure in the cable manufacturing sector.
Reasons are listed below :
The stock bounced convincingly from the strong support level of 850, indicating solid buying interest at this price point.
A hammer candlestick on the weekly timeframe signals a potential reversal, suggesting a shift from bearish...
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...
With a rich legacy and a strong foothold in the industrial sector, Finolex Industries emerges as an intriguing candidate for swing traders seeking opportunities in the market.
Reasons are listed below :
Breakthrough Attempt: After multiple tests, the stock is attempting to break through the critical 240 level, signaling a potential bullish breakout.
...
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...
A potential swing trade opportunity in Redington Ltd , a leading distributor of technology products and supply chain solutions.
Reasons are listed below :
The stock has broken above a significant resistance zone of 180-190, and it has successfully retested this level, indicating potential upward momentum.
Redington Ltd recently broke out of an ascending...
Suprajit Engineering , renowned for its excellence in automotive cable manufacturing, stands as a stalwart in the industry, poised for potential growth and value appreciation. Let's delve into the technical factors guiding this promising swing trading opportunity.
Reasons are listed below :
A notable breakout has occurred, as the stock successfully breaches...
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
PIDILITE INDUSTRIES looks good for a swing trade. This stock is a fundamentally strong and is now available at a discount as per technicals.
The Reasons are listed below :
Strong support at 2250-2300 levels.
Formed a strong bullish engulfing candle on weekly timeframe.
0.382 Fibonacci support.
Broke falling wedge pattern i.e a bullish sign.
Holding onto...
Cyient has been moving in a zone of support and resistance. A triangle pattern has occurred and there's a potential breakout that could occur if Cyient picks up bullish momentum. Price is currently also around an area of volume imbalance so its likely to get pushed up. There is also a bearish F.V.G. at around 2155, if price starts moving up and doesn't get...
