Expecting ROI - 30% As mentioned in multi time frame analysis charts, 1) Monthly 6 year old VCP Breakout, Retest done , consolidated for 2 months, now ready to move out of the consolidation zone. 2) Compressing at major supply region with minimal sellers strength 3) Expecting BO soon, SL at prev week low.
In consolidation phase now from 323, Can correct till 243.7 (done ), 219.3, 195 and then might rise towards 322, 401, 450 in 2 years So, buy few now, and buy on lower levels and hold so many chemical stocks are in consolidation , giving opportunity to accumulate , can invest 5-10% capital and hold for very good gains in 4 to 6 months.
SMSPharma, now at 186.15, on March-14-2024 : Per EW, this has retraced till 0.618 at 162.5 twice and rising. Looks like swing trade happening here, and so buy on dips is adviced Buy few, Buy until 162.5, 152.8, 143.2 Uptrend confirmation comes after 194 and Target prices thereafter --> 212.85, 224.75, 234.5, 244 Expected gains from current price --> 31 Sl...
BLS Intl, now at 343 on March-14-2024 : 2 ongoing patterns can be seen #1. Per EW, the major Motive wave is completed and retracement is done closer to 0.382 and rising again, So, invest few now, invest until 256 for target of 604.5 in 1-1.5 yr holding period #2. Per another ongoing pattern ( highlighted zone ), One can invest until 300 for a target of 604 As...
Following a brief pause, the previous upward trend is poised to resume. A Continuation Wedge (Bullish) represents a temporary interruption to an uptrend, taking the shape of two converging trendlines both slanted downward against the trend. During this time the bears attempt to win over the bulls, but in the end the bulls triumph as the break above the upper...
Success! The share I recommended on 6th Feb has turned into a winning trade. Today's gains affirm the wisdom of that suggestion. Here's to more successful trades ahead. 2 Days Profit=10.65%
Buy-51.20 Target-57.90(Adjustable) Stop-44.65 "Before considering a purchase, it's advisable to conduct your own analysis. However, with approximately an 80% chance indicating a favorable buying opportunity for this stock based on current market trends and analysis, conducting thorough research could validate its potential for growth and profitability."
Success! The share I recommended on January 30th has turned into a winning trade. Today's gains affirm the wisdom of that suggestion. Here's to more successful trades ahead. 7 Days Profit=13.33%
Success! The share I recommended on January 29th has turned into a winning trade. Today's gains affirm the wisdom of that suggestion. Here's to more successful trades ahead. 8 Days Profit=(+48)9.99%
Embark on a journey of potential gains with SUZLON as we analyze the formation of a weekly order block with billions in volume. NEOALGO's study suggests the possibility of a remarkable 190% return over the next 1.5 years. This is our personal analysis and is intended for study purposes only, not as investing advice. It is recommended to consult your financial...
Embark on a short-term exploration of RPOWER as we delve into the dynamics of a potential minor pullback, seeking support at an order block, and eyeing a 40 INR target. In this analysis by NEOALGO, we consider the prospect of momentum gaining strength through upside order blocks, presenting a favorable outlook. This is our personal view and not trading or...
Title: "ADANIENT: Anticipating a Rocket Move Towards All-Time Highs, Eyes Set on 6100 INR in the Next 4 Years! 🚀📈" Description: Embark on an exciting journey with ADANIENT as we anticipate a rocket move propelling the stock towards all-time highs. NEOALGO's analysis suggests a potential surge, with a bold outlook projecting a target of 6100 INR over the next four...
In the midst of market turbulence, PAYTM takes center stage as we observe panic selling, juxtaposed with the intriguing stability provided by a weekly order block. In this analysis by NEOALGO, we explore the dynamics influencing PAYTM's current trajectory and the possibility of a noteworthy shift. The prevailing panic selling sets a challenging tone, but the...
Buy-484 Target-536(Adjustable) Stop-449 Chart=D "Before considering a purchase, it's advisable to conduct your own analysis. However, with approximately an 80% chance indicating a favorable buying opportunity for this stock based on current market trends and analysis, conducting thorough research could validate its potential for growth and profitability."
An undervalued stock in the packaging industry, Polyplex has been stressed in this bull run and is currently trading below its book value. Volume is building up and DMI indicates buyers momentum building up. Any move above 1100 should propel the stock price upwards from here Entry - 1100 Will update SL and Target once trade is triggered
#WSTCSTPAPR / West Coast Paper Mills Ltd Looks amazing at current levels. Paper stocks were in focus few months back and should be back in focus soon I believe. Technical and Fundamentals of these stocks are good. Stock was in consolidation mode for 1 year before the breakout and now retesting previous ATH levels. I'll be looking to buy this on Monday as soon...
There are three bullish confluences that you can see on this chart. 1.According to Elliot wave model the stock is taking off in wave III of 3. 2. A probable cup and handle breakout attempt.(target for this pattern comes in at around 200 Rs.) 3. Breakout attempt from imp 6 years old(2018-2023) horizontal resistance zone (145-150(Rs.)) The stock can give a swift...
The price has recently broken out to the upside after a period of consolidation, indicating that the prior upward trend is likely to continue. A Symmetrical Continuation Triangle with a bullish bias is characterized by two converging trendlines. During this formation, prices make lower highs and higher lows, creating a tightening range. As the pattern evolves,...