- This is one beautiful price action. One that we see in a textbook. - 1.7 years of Pure range-bound market - Support and resistance respected. - A retracement prior to breakout - Weak hands are moved out - A strong breakout beyond the 3000 mark - The psychological level was no match today. - Although, A sustenance above it is crucial for the momentum to...
Let's keep it straight to the point, Shall We? 1. Emotional Investing: One of the most prevalent mistakes is allowing emotions to drive investment decisions. Fear and greed can lead to impulsive actions, such as panic selling during market downturns or chasing speculative investments during bullish phases. Solution: Develop a well-thought-out investment plan...
Turns out, A farmer is no different from an investor. Here are a few qualities that every investor must inculcate in themselves. - Do not shout at the crops: Just as a farmer doesn't shout at their crops, investors should remain patient and avoid making impulsive decisions when market conditions are unfavorable. - Do not blame the crop for not growing fast...
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 self-explanatory as always. 🎯 We have a huge volume breakout. 🎯 We also have a sidelong 1000 mark breakout. 🎯 Something good seems to be happening here. Note that we still have Friday to close the breakout weekly. ⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language...
This is one important case study as to why investors lose money in the stock market. Now if you look at the chart, Here is what you see: 1. 32 Months of pure range-bound consolidation 2. Clearly defined support and resistance zones 3. Five months of consolidation at the resistance zone 4. A beautiful high-volume breakout followed by a...
The chart is pretty self-explanatory as always. But as usual, Below are some good-to-know pointers. - The price has been stuck in a range for about a year now - The support zone is holding up. But for how long, we do not know. - The best case scenario will be the break of the support inviting sellers followed by filling of the long due gap and a recovery. Again,...
- EMT has been one of our star investments right from its IPO in March 2021. - After giving 400% returns, It seems to have settled down in a comfortable range for almost 16 months now - Yes, It is in the news for acquiring new companies and opening franchise stores. But, the latest news of the promoter selling his stake was a weak hand move. The holding went from...
🎯 The chart says it all. Keeping it simple as always. 🎯 The price has remained within a range for quite some time. 🎯 We're approaching the support zone defended by the 200 WEMA 🎯 It will be interesting to see how the price reacts from that point. 🎯 Also, we await the results for FY 24. ⚠️Disclaimer: We are not registered advisors. The views expressed here are...
The chart should tell you everything you need to know about NSE:SUNPHARMA Some additional Points for the regular readers: 🎯 The previous day i.e 31-10-2023 saw a huge volume spurt with high delivery Volume on retest. 🎯 The 200 DEMA and 50 WEMA guard the support zone 🎯 JP Morgan has added Sun Pharma to its EM Model portfolio Do appreciate our efforts with a...
⚠️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 ✌🏻
The chart is self-explanatory as always :) What should we analyze next? Have Requests, Questions, or Suggestions? DM us or comment 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...
Okay, This one was requested by @Saikumarvsk The Chart should tell you everything you need to know. But here are some specific pointers: - The price looks to be in a consolidation mood - We have a support trendline at play - The Support and resistance zones are clearly marked - The Psy. levels, 5000 and 4000 are positioned near the support and resistance. They...
- It has been in a sideways channel for almost 2 years with clear support and resistance zones - It showed strength in the initial phase of this week but at the end got hung over Literally, upside down. - In the end, the price was prevented from breaking the trendline. Buyers appear trapped if the momentum changes sides. It did weaken the upside momentum for...
The chart is self-explanatory as always :) Want to request a specific analysis? Check our bio for details. ⚠️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 chart is pretty self-explanatory as always. Just a Note: The chart is on weekly TF. We will Wait for the Weekly Candle Close ⚠️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...
Info Edge recently exhibited a breakout from a descending triangle pattern with notable momentum and trading volume. The stock is currently taking a resistance near 4300. A successful break of this zone has the potential to generate further momentum. Disclaimer: Please note that we are not registered advisors and the views expressed here are solely personal...
🎯The chart is pretty self-explanatory as always. 🎯We do have an immediate potential support about 14% below CMP. ⚠️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...