EDELWEISS now forming Inverse H&S pattern ,once its breaks 70 then it will reach 90+ in short term and keep SL as 56 at weekly candle closing basis.
Financials are out performing since last QTR, still they have lots of scope to move up. A low risk bet with reasonable valuations. Numbers are improving and institutions are showing interest in EDELWEISS. A long term candidate.
Edelweiss -> Waiting for Breakout ? Since the beginning of November, the stock has gained 24%. It is currently forming an Ascending Triangle Pattern. Based on the pattern scenario, we can expect the price to fall to the 62-60 level before continuing to rise. Currently price in the range of 67 Rs,If the pattern continues on the higher side, the price may rise to...
stock in consolidation in weekly chart. seems it will break the pattern marked on charts,keep in watchlist .wait for trade to trigger and enjoy the ride
Bullish outlook on Edelweiss. This could potentially be a turning point from the weekly chart, resulting in this market shirting into a 'buy program' and seeking high prices. The eye symbol resides above old highs - a place where liquidity would be resting in the form of buy-stops. Think of the sellers who are making money selling short, were would there stops...
Big players like LIC, Mohnish Pabrai, Rakesh Jhunjhunwala, and some of the well-known funds have a stable holding in this scrip. Financial services especially ones who getting adapted to digitalization are going to be the next decade's mover in Indian markets. 30.15 is covid time low, even during the current down phase of markets, I personally do not expect that...
Edelweiss Group is an investment and financial services company based in Mumbai, India. It is co-founded by Rashesh Shah and Venkat Ramaswamy. Founders: Rashesh Shah; Venkat Ramaswamy Assets under management: 750 billion INR (US$11 billion) Revenue: 96.02 billion INR (US$1.3 billion, 2020) Founded: November 1995 Headquarters: Mumbai, Maharashtra, India Total...
Looks good for short/medium term Target 70+ CMP 58.80 SL 48
#Edelweiss ready for next journey Buy on Dip for good RR Target -83+ Sl-62 CMP:76.50 @9 December 2021 Timeframe: 2-3 months
Now buy edelweiss @ 77 Its entering into the proper demand zone. And also we have the sector trading at middle levels.which is very suitable for swing traders. So its time for this stock to blast. check out prev call in my profile
Stock Analysis: Edelweiss Fin Serv has broken the triangle pattern currently closing above the current demand level expecting price to reach to target given on the chart and lower demand zone a a stop loss. Let's see Happy Investing!
In EDELWEISS FIN SERV , A fine ascending triangle pattern is formed. It has already given a breakout from the resistance level with good volumes. A good amount of accumulation has been observed with the help of volume profile which suggests that strong hands are making positions in the stock. So, we can expect a good move in EDELWEISS FIN SERV. The stock has...
Looking like a good long set up with target of 80
If it breaks the upper trend of 101 then its first target is 108 and didn hold at 101 downside target is 92.15.
Trade setup: Monthly: change in structure from LL-LH to HH. Weekly: Crossed multi-year trendline. Change in structure from LL - LH to HH. Huge spike in volumes. Crossed 50EMA (never done after 2018) with strong bullish engulfing candle and volumes. Entry = wait for retracement between 80 INR to 90 INR. Brokerage stocks in flavor. SL = 50 INR (swing low) or below...
Hello friends, This stock is looking good for long term investing. Chart looks bullish. One can enter after confirmation above 93 rs and one day sustain. Stop loss should be same day's low. Minimum target :- 180 T2 & T3 upto 320 for long term. Take position as per you risk reward ratio. This is only for educational purpose, take advice from your financial...