BattleofStocks

BattleofStocks

#BajFinance has been consolidating in this channel since Sep’21 IF and when this breaks, it will be a decisive move and can set the trend for next few months. Mark these levels on your chart so that you do not miss the breakout!

BattleofStocks

There is a good possibility that #NIFTY comes down to 20500 levels to close the gap it created in Dec’23. Market does not like to keep inefficiencies pending. More so, there is a confirmed weekly bearish divergence on RSI.

BattleofStocks

#WSTCSTPAPR Nice retest of the breakout parallel channel. If this retest holds as support, I think price can bounce nicely in coming day/ weeks. Weekly Stoch RSI also crossing bullish! Expecting 20-30% move minimum.

BattleofStocks

GOLD XAUUSD has confirmed a multi-year breakout on weekly timeframe. It has been in consolidation mode since 2020 and last weekly candle is the first candle that closed above the big resistance as can be seen on charts. MA's also are aligned; this definitely looks like its going up 20% in coming months.

BattleofStocks Updated 

Stock looks good for upside at current levels. S/R zone (in blue) tapped; this zone has acted as a good resistance zone earlier and now should act as a good support zone. Also price has moved back inside the range (marked in orange). I see good upside in stock in coming days.

BattleofStocks Updated 

#EPL At higher timeframe horizontal + Diagonal support. Also, on lower timeframe the market structure has changed to bullish. + Fib supports this pullback + bounce! All in all a good bet for about 20% upside. Let’s see!

BattleofStocks

#MFSL Max Financial Services Ltd. looks good for more upside. Reclaimed a very important S/R zone (orange); Currently at Golden fib zone. Also, Insurance sector overall seems to be gaining momentum. Expecting an upside of about 20-30% in coming weeks/ months.

BattleofStocks

#IPCALAB Stock looks good for another 20-25% move above. A candle close below ₹1100 would trigger me to close the position. 1) There is a bullish pennant forming with measured target of above ₹1400 2) Horizontal previous ATH support - Looks great.

BattleofStocks

#ITC ITC LTD looks bad here. Market Structure is bearish, price can go lower. ₹445-₹460 can be a good level to short if market gives a chance in future. There is a gap/ inefficiency that price has left above, which might get mitigated in future.

BattleofStocks

Looks amazing to me - Nice basing formation right at support. I expect this to move to new ATH and beyond. Expecting minimum 10% returns on this. SL will be a daily candle close below ₹1652/- Also, if you apply Stochastic RSI, there is a clear bullish divergence forming on Daily.

BattleofStocks Updated 

#YESBANK Bought some Yes Bank @₹21.65/- Broke out after > 3 years of consolidation. I like this because, the upside target that I have is about 45-50% and the invalidation is simple as well (a weekly candle close back inside the channel)

BattleofStocks Updated 

#PayTM Today’s daily candle is showing the biggest buy volume candle ‘ever’. You know what this typically means? While retailers are selling, Institutions or market makers are building position in it. Price made new low’s and has already reclaimed previous ATH level (dotted line as shown in chart) If price is able to reclaim this dotted line as support - I...

BattleofStocks Updated 

#SMLT is breaking out of a nice bull flag - Bullish! I have much higher targets for this stock. Solid fundamentals!

BattleofStocks

#ATGL Attempting a breakout on Daily timeframe. If it does breakout, we can see another good rally in stock! Also, if we use Fib tool, we can clearly see that the stock has been consolidating above 0.382% level and has been forming a nice base there since many days now. Breakout looks imminent imo.

BattleofStocks Updated 

#TATAMOTORS has broken out of the resistance after about 8.4 Years and it has been consolidating just above resistance since last more than 130 days. I don't think that the rally is finished yet. It is easily a 4 digit stock i.e. ₹1000 per share. Don't fade this rally.

BattleofStocks Updated 

Very strong buy back candle on #RECLTD I think it still has some juice left. A weekly candle close below that dotted line will be my SL.

BattleofStocks Updated 

#IOC looks great here as it is breaking out 30-40% move is possible in coming months. More so, If anyone is holding this for long-term, along with the upside, there is a good % that one can earn in terms of Dividend yield. In the past 12 months, Indian Oil Corporation Ltd. has declared an equity dividend amounting to Rs 8.00 per share. At the current share...

BattleofStocks

#HISARMETAL Another company stock which supports in Infrastructure development. I will plan to buy this soon for long-term hold. Market cap of just around ₹115Crores. From Technical perspective: Stock has been forming a nice break and looks ready for breakout! From Fundamental perspective: - The company has shown a good profit growth of 40.96% for the Past 3...