Since a long time in the past, the IT sector has experienced extreme market volatility and pressure. even if one of the most favored industries is IT. Thus, because of this unstable market, "ITBEES" appears to be the greatest investment in the IT sector. I've seen that there has been a 16–17% correction to this volatility. That one, I think, if you investigate...
Nifty Nifty is overall Bullish in Weekly timeframe. Some corrections may come, but now it is standing on below support trendline. Wait for some bullish pattern when it retests the Support Trendline and then you can go for an upmove. Bullish pattern 1. Bullish engulfing 2. Hammer
Bharat Dynamics Ltd. engages in the manufacture of defenses equipment. It specializes in surface-to-air missiles, air defense systems, heavy weight torpedoes, air-to-air missiles, and other allied equipment. The company was founded on July 16, 1970 and is headquartered in Hyderabad, India. Stop-Loss - 1740 Target 1 - 2230 Target 2 - 2400
Early Entry: After the breakdown of a Rounding Pattern formed since Sept 21, It has shown renewed interest at the bottom of a channel both on the weekly with a hammer candle and a strong bullish bottom shaved engulfing on the daily! Entry above daily close of 2375. Morning Star at the bottom... Safe Traders wait till Price closes above 200EMA or the Golden Crossover....
This Stock has been consolidating between 100 and 140 for 2.5 years now in a rounding bottom pattern, in daily Time frame it has stayed above 127 resistance. Breakout above 139-140 on daily/weekly close. Keep in watchlist. SL below 120.
ASTRAL has recently hit 2143 and retraced to 1894 now between the 50 & 61% FIBO, keep in watchlist Entry above 1966 SL 1894...
Nifty fell like a hot knife going through butter slab reacting to Iran Israel news. There was some respite today as Nifty has takena support at 21777 and bounced back to close the week at 22147 staging a remarkable recovery. 21777 will remain a critical support to watch for reminder of the month. In case this support is not held further supports will be only...
Nifty opens gap down almost -150 points but into second half bulls were back into the market and made days high that is 22179. (which means nifty recover 150 points from bottom and another rally of 150 points which means total nifty recovered by 300 points). Nifty has formed a big green body candle with long lower shadow and upper shadow, which indicates buyer...
If Neckline Breaks , -Immediate support is near 900 level -Two possibilities to watch out from thereon: 1) Sharp reversal and Continuation of Uptrend inside rising channel (not respecting the neckline) 2) Deeper correction (around 820) if channel low broken
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...
Caplin Point Laboratories , a leading pharmaceutical company known for its focus on generic formulations with strong fundamentals, presents an attractive opportunity for swing traders and investors. Reasons are listed below : Support Zone at 1200-1250 : Caplin Point Laboratories has established a strong support zone in the range of 1200-1250, showcasing its...
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...
Multiple times price bounce from AVWAP and nifty50 price follow a rising channel and today bounce rising channel lower boundary , above todays high nifty may be test its upper boundary .
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...