🎯The chart is self-explanatory as always. 🎯 We have strong support at the current level 🎯 The 200 WEMA stands guard at the same level 🎯 I will watch this price action for the next week ⚠️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...
🎯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...
- If you are a layman with some knowledge of charts and price action, This chart looks good, Doesn't it? - It finally broke the trendline starting in March 2021. Breaking a 2-Year Trendline - With Bulls charging the markets, everything looks lucrative. Now that investors are getting greedy, Caution is advised. - If you look closely, The price is taking...
🎯The chart is self-explanatory as always. 🎯 The price is sustaining above the resistance zone 🎯 The 500 level is an acting psy. Support 🎯 This price movement will be interesting to watch ⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be...
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 pretty self-explanatory as always! 🎯 With Asian paints into valuation trouble and JSW entering the affordable paints domain, Berger paints will too have an impact. 🎯 Although, the price action is worth keeping an eye on. ⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language...
Hey there, Welcome back to a new case study. Here is everything you need to know about NSE:DEVYANI : - Devyani had a tepid journey so far since its IPO. - The price stayed in a 50 point range for the last 20 months - It defined support and resistance zones that were actually respected. Both bulls and bears have been trapped by the break of zones a.k.a....
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...
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...
• 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...
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 shareholding pattern of a company refers to the distribution of its ownership among different categories of investors, including promoters, Foreign Institutional Investors (FII), Domestic Institutional Investors (DII), and the general public. The ideal shareholding pattern can vary depending on the nature of the company, industry dynamics, and regulatory...
- 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...