Hey There! The chart should tell you everything you need to know about NSE:BALKRISIND Below are some additional pointers: - Huge candle breakout: Such breakouts usually show exhaustion and loss of momentum - Volatile long wick candles: The recent 3 Month consolidation at the resistance zone shows indecision. - RSI has a Bearish Divergence (-Ve) - MACD...
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 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...
⚠️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 ✌🏻
⚠️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 should give you everything you need to know. But here are some pointers for those who like to read: - A beautiful Symmetric Triangle breakout. The support and resistance trendlines were religiously followed. Thus, making the pattern stronger. - The consolidation period was a good 15 months. Every IT company has gone through the pain. - We have defined...
🎯The chart is pretty self-explanatory as always. If you'd like to request an educational 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...
- The chart is pretty self-explanatory but here is the gist: - 10 months of pure sideways consolidation (I get it. Wipro tested Investor's patience, the most) - Breaks the support only to reverse back into the range, trapping sellers - On the verge of breaking its range for the cage-free price momentum - Also, the Indian IT sector is approaching its critical...
Hey There, Welcome Back. Today we analyze the evergreen hedge commodity. - If you are an Indian, Given that Gold rallied almost 17% in a very short span You must be quite happy. We Indians love gold. Especially, the ladies in our homes. - The chart of Gold Futures is showing something interesting. The price took quite a rejection from the recent support zone. -...
🎯 The chart is self-explanatory as always. 🎯 After 2.5 years of consolidation, The price broke below the 500 level. 🎯 The price is below the 50,100 and 200 DEMA & WEMA 🎯 Looks like tough times ahead? 🎯 Immediate support is marked. What do you think of this price actin? Comment below... ⚠️Disclaimer: We are not registered advisors. The views expressed here are...
Another indicator on if things go well with the breakout, we may see good momentum in Indian IT Sector. Although until that happens, the price can always reverse. So a little patience might pay well.
Hey There, Welcome Back. We are not big fans of industries that are on the commodity (Raw Material) side of the value chain, But for those who don't mind, Here is everything you should know about Hindalco. - A support trendline has been pushing the price up - An ascending triangle was formed with the recent 6M consolidation - A breakout candle broke both the...
- DJI is currently encountering strong resistance at 34500. - The psychological significance of this resistance level adds to its importance. - This could be one of those, Go Big or Go home scenerios - In case the resistance holds, a potential psychological support level at 33000 may come into play. The support trendline intersects at a similar level. What is...
Keeping it simple as always: 🎯 Strong financial indicators 💪🏻 🎯 Growth rates ⬆️ 🎯 ROE & ROCE ⬆️ 🎯 Green Quarter ⬆️ 🎯 Huge Volume Spurt on both Breakout and Retest ⬆️ 🎯 Increasing spreads between 50, 100, and 200 EMA ⬆️ 🎯 A resistance is holding it back⬇️ 🎯 1000 level will be a crucial level ❗ If you'd like to request an educational analysis, simply send us 100...
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 price action is pretty self-explanatory as always. 🎯Well, We cannot post pictures here, So I will put a link to the relevant delivery information in the comments below. x.com 🎯4 big fall days, 4 Huge volume spikes with Big delivery % 🎯The current price bounce came from the premarked support Zone which is guarded by 100 WEMA 🎯The 2500 Psy level was there...
🎯 The chart is self-explanatory as always. 🎯 The stock has appreciated NIL since 2015 🎯 The support zone has been standing since 2015 🎯 Investing Just because you know the brand is a grave mistake 🎯 This is why Diversification is critical What do you think of this price action? Comment below... ⚠️Disclaimer: We are not registered advisors. The views...
🎯The chart is self-explanatory as always. 🎯 The price is showing rejection from the support zone a.k.a Positive 🎯 The 50,100,200 EMAs are standing guard at CMP 🎯 Support levels coincide with the support zone 🎯 We may see a rebound from here 🎯 The view is purely technical ⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal...