We may see an Invert H&S formation which looks like it has already broken out, but we still need a confirmation as this may be a fake out instead, currently we need a continue green candle which can take the RSI to 70.5 or above without falling. This will confirm the BO and counter may reach its all time high, if it fails to do so, we may see a sharp fall.
An opportune moment presents itself for potential investors eyeing Bata India, as positive news regarding franchises and robust management strategies emerge. Within the graph, meticulously outlined are the buying zones, stop-loss levels, and targeted objectives, all strategically positioned for educational insights and informed decision-making.
Stock is under long consolidation and trying to break the resistance with the volumes.
Stock witnessed the massive volumes on 05/04/24, closing above 1485 will take it to the new highs above 1650. on weekly pullback done and moving now upside.
Stock has witnessed the massive volumes in recent time, once stock sustain the 135.50 levels, stock may try to go upto the falling trendline resistance which is near 160
Taking position With stop 399 Consolation over with breakouts
stock has been consolidating in a range, expecting to sweep the low
{ "Market Cap": "₹1,10,378Cr.", "Current Price": "₹4,031", "High / Low": "₹4,202/2,926", "Stock P/E": "31.4", "Book Value": "₹502", "Dividend Yield": "0.92%", "ROCE": "29.5%", "ROE": "22.2%", "Face Value": "₹1.00" }
Hello everyone, I'm sharing a long-term investment plan on HDFC Bank. The price is currently at a great level, about 1400. Over the last two to three weeks, the stock has been declining, and it is currently near a buying/support region. If the stock breaks this level, we will purchase some dips and hold until the 1000 level to break even. 1900 would be the first...
the stock gave a good breakout on daily charts with huge volumes. there is clear breakout of resistance of cup . target 310 . SL close below 267 which would indicate fake breakout.
Might break trendline , targets can be fibonacci levels
Hello Guys, I was just sharing my personal views, The RBA is forming a Falling pattern in daily chart. The assest has also given a breakout but have to wait for the confirmation candle with volume. - After breakout the first resistance will be around 120 - 2nd resistance will be around 138 which is on weekly chart, if it breaks both the resistance then there are...
1:3 RR , do your own research before enter, IRFC Trendline break. Not a sell or buy recommendation
BANK OF INDIA CHART IS LOOKING AMAZING. IT HAS CONSOLIDATED ON THE UPPER RANGE DUING THE FALL ON PSU BANK STOCKS. One should keep this stock in their watchlist.
Current Zoomed view Daily MACD turned Positive Trishul Activated in RK-Brahmastra 4Hourly Breakout Elliott Wave Analysis of SBICARD (SBICARD) Overall View Zoomed View Overview: SBICARD has displayed a promising Elliott Wave setup, indicating the potential unfolding of a bullish wave cycle. Recent breakout movements, supported by strong volumes and...
Vedanta Limited is an Indian multinational natural resources company that primarily operates in the fields of oil and gas exploration, production, and processing; metals and mining; and power generation. Vedanta Limited is a subsidiary of Vedanta Resources Limited, a global diversified metals and mining company.
The BankNifty is showing strong momentum as it aims to surpass its previous all-time high levels and move towards the target of 51K. Analysis of the charts indicates a breakout of the triangle pattern, suggesting bullish sentiment. However, confirmation will be established if the price successfully breaches the all-time high of 48636.40 and maintains above this...
we are looking TMB bullish move. Disclaimer: Kind regards to all friends and members , Stock market investment is subject to 100% market risks. Our company is not a SEBI registered company. Please consult your financial advisor before investing. This is for learning and training purposes only. Market Traps administrators are not responsible for any financial...