Here are some pointers to keep in mind: - One year-long consolidation. - Clearly defined support and resistance. - 6 Week consolidation at the resistance zone makes the resistance weak - Recent breakout was prevented with a long upper wick. A.K.A Sellers present. - Margin of Safety is a mere 6% ( CMP vs ATH) - There is no clear winner yet as the signals are...
The technical chart is self-explanatory as always. The company has planned some serious CAPEX. Will leave a link in the comments to the recent announcements made by the company. If you'd like to request an analysis, simply send us 100 coins as a token, and we'll be happy to post one for you. ⚠️Disclaimer: We are not registered advisors. The views expressed...
🎯The chart is pretty self-explanatory as always! 🎯RBI barred IIFL from disbursing new gold loans. The 20% Drawdown was triggered by the very same news. ⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation....
Hey There, - Like always, The chart is self-explanatory. - We saw a triangle breakout which happened very close to a crucial resistance zone that acted like one. - This is one previous support that turned crucial resistance - Previously, the price has fallen 3 times after testing this level. The fourth time's a charm? - We see a good consolidation at the...
- Colgate gave a good breakout which was met by a long upper wick candle showing the presence of sellers at the crucial resistance zone. - The price is now trying to break it. The structure does look good but given the volatility just after the breakout, it will be wise to wait for a break and sustenance of the price above the zone. What are your thoughts? Leave...
The chart is self-explanatory as always :) ⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. Like everybody else, we too...
- The chart is pretty self-explanatory. - If you look at the PE, It has come down substantially from about 100. - The crucial resistance zone is an important obstacle. A break and sustenance above it could mean further upmove. - Invest with caution as Investors are getting greedy post the bull run. What are your thoughts? Leave us a comment. Disclaimer:...
The chart is pretty self-explanatory as always. if you have any doubts or queries, let me know in the comments below. ⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial...
The chart is self-explanatory as always :) If you'd like to request an analysis, simply send us 100 coins as a token, and we'll be happy to post one for you. ⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or...
⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. Like everybody else, we too can be wrong at times ✌🏻
UTI AMC is currently displaying a symmetric triangle formation on its weekly chart. Recently, it formed a double bottom pattern on the weekly timeframe, which was followed by a breakout. The stock is currently encountering a minor resistance level. Interestingly, the resistance trend channel and the 50% Fibonacci retracement level align closely, making it a strong...
• NSDL has filed its DHRP, leading to market concerns that investors might shift their funds to NSDL, potentially affecting CDSL. (We'll be sharing a detailed comparison for NSDL and CDSL in the comments section below. Feel free to follow us for the updates.) Now CDSL: • In the last 13 months, it's formed a beautiful Flag Pole pattern. The breakout of...
This Analysis was requested by @anerishah269 The chart should tell you everything you need to know about NSE:DEEPAKNTR : However, Below are some 'good to know' pointers: - The Price action is completely sideways in nature with clearly marked support and resistance zones - The price has been consolidating for over 18 months now - Owing to the sideways nature,...
- The chart is self-explanatory as always. - A huge high delivery accumulation went down on 19th March at a crucial support zone - The CMP is below the 50,100 and 200 EMA. What do you think of this price action? Comment below... ⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language...
The chart is self-explanatory as always :) Have Requests or Questions? Let us know in the comments below. ⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors...
The recent price movement of Dr. Reddy's stock appears positive and indicates the potential for significant growth. The chart is also relatively easy to interpret, reinforcing this view. If you found our content valuable, please consider giving us a like. Additionally, if you have any thoughts or comments to share, we encourage you to leave a comment. ...
📈 BANK NIFTY - An Overview ! 🎯Price is at a crucial zone 🎯 Support zone + 45000 psy level 🎯 Current levels have 200DEMA and 50 WEMA support 🎯A breakdown would mean trapping of buyers on the breakout of the wedge pattern 🎯Next significant support is at 43650 - 43670 levels ⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal...
📈 Nifty - An Overview 🎯 Nifty has no signs of bias - Bulls or Bears 🎯 It has multiple possible supports 🎯 The price is well above the EMAs on both Weekly and Daily 🎯 CMP is just 2% below ATH 🎯 My accumulation levels are marked on the cart ⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the...