- Here is an update to the Nifty IT analysis we posted back in 2022. - The price action is pretty sluggish. Literally "Trading in the Zone" ( Get it? If not you need to read that book " Trading in the Zone by Douglas" It will teach you the psychology aspect of trading) - We will keep updating the price action as it unfolds. - In the meantime, look at how NDX has...
This is a quick one. The chart should tell you everything there is to know. We will keep updating the comments below as the price action unfolds. Have Requests, Questions, or Suggestions? 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,...
🌟 Here's a Harsh truth in the world of Finance, " The wealthy always have a financial edge" 🙅♂️ 💰 When we chose to invest in the safety of gold , they opted for Fixed Deposits (FDs) and relished high-interest rates. 💰 As we transitioned to FDs, interest rates gradually decreased and they moved into real estate, reaping capital appreciation🏡 💰 When we...
- The chart is pretty self-explanatory - The price tests a 2 year old resistance trendline - The formation is one beautiful symmetric triangle that can have either outcome - The consolidation has been solid so far. This means The momentum may be really good. - The PE ratio is stagnant with the price - Do check out our take on JSW Steel in the suggested ideas...
Here are some pointers for HCL: - HCL recently broke its range and the final resistance trendline. - The breakout was quite close to a resistance zone. A bearish engulfing prompted selling, but retest and continuation potential remains. - A retest candle with a long lower wick signifies bullish sentiment. Notice the price sustained over the trendline. - Your...
🎯The chart is pretty self-explanatory as always! 🎯Will we reverse or continue the downfall?? Share your thoughts 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...
#NMDC has finally broken a resistance zone since 2011. - Bullish H&S Pattern Breakout - Currently in a retest phase - Potential support - 145-150 - Also sharing the monthly chart for a better understanding of the resistance. 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...
- We posted the initial analysis of Tech M on March 5th, 2023 which can be accessed below. - Given that the price action changed with time, we decided to post the updated price action for the ease of our followers - The chart is pretty self-explanatory - The Price action is similar to that of NSE:WIPRO . The price consolidated for over a year and finally...
🎯The chart is self-explanatory as always. 🎯 The price has been consolidating in a range for a long time 🎯 A rebound is possible as the price has been respecting the support zone 🎯The sugar companies are in focus given the govt policies in this domain ⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective...
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...
#abcapital 🎯This could easily be a Bear trap. 🎯Observe that the breakdown came at an immediate support 🎯The immediate next candle is an insider candle pacing the fall 🎯 The breakdown level is at 50WEMA 🎯 If next week's price closes back in the range, We may see a bounce. Especially if we see a long lower wick candle touching the 155 level before shooting back...
Okay, This one was #Requested by @Sensiiiii Here is all you need to know about NSE:POLYPLEX : - Stock depreciated about 60 % from its ATH - It filled the long due Gap and took support from it - Thence, It has been consolidating for 9 Months now - Price trading below 200 EMA a.k.a accumulation phase - The PE was 15 at ATH and after 60% Depreciation, it still...
The chart is pretty self-explanatory as always :) What do you make of this price action? 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...
🎯The chart is pretty 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...
Like always, the charts are self-explanatory :) If you like such snippets, Do give us a like and a follow :)
1. Promoter Holding up - 65.93% ---> 74% 2. DII and FII holding up by a negligible amount 3. Reduced Retail holding - 25% ---> 16.4% 4. Price at a Breakout Level - Since 2019 5. Stock Rallied over 80% in the last 6 months 6. The Psy. Resistance of 1500 sits immediately at the breakout area. 7. Potential immediate resistance zone The price action will be...
- All the necessary pointers are on the chart. We are trying to keep things short and simple. if you like this concept, give us a boost/Comment to let us know. For those who need a writeup, Here's a quick one: - Until the resistance zone is broken, Going long may trap investors in a consolidation phase. - MACD is all up for a bearish crossover - Price trades...
Emotions play a significant role in trading and can have a profound impact on decision-making and overall trading performance. Here are some common emotions that traders experience and how they can influence trading behavior: 1. Fear: Fear is a powerful emotion that often arises when traders face unexpected market movements or potential losses. It can lead to...