Price Action made a retest @ 90 levels and MACD started making a Higher Low Pattern formation, which took the stock up to 50%+ profits. Another MACD Cross is in play now at a good zone. Ideally it should take the stock easily to its previous Swing High and possible even higher. Stock is currently at a good buying zone. Let's see how the Price Action plays out for...
Price Action is making Lower Low Pattern, while MACD Cross is making Higher Low Pattern. MACD is showing good momentum upward. The stock should be ready for its next leg up, at least until the next Support/Resistance zone. Worst case, a retest to the nearest Support zone @ 480 levels. Any weekly closing under this level can take the stock to new lows. Trade with...
MACD Cross is in play. Volume has increased a lot this week. 1Y Beta is @ 1.78, which is very good for this stock. This week could be your Entry week if stock retest levels mentioned on chart. Good change it might too. Overall looks good till Swing High.
📊 Script: NATIONALUM 📊 Sector: Non Ferrous Metals 📊 Industry: Aluminum and Aluminum Products ⏱️ C.M.P 📑💰- 191 🟢 Target 🎯🏆 - 203 ⚠️ Stoploss ☠️🚫 - 183 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜...
Weekly MACD Crossover is in play and also very good volumes in the Stock off late. Expect the Stock to rally to its next leg up provided our Indices are stable and low volatile. Any big move in market can take the stock down faster. Ensure to follow Strict Risk Management when trading this stock. If all is well, the stock can easily rally up to its Swing High levels.
Stock has currently formed a good support at 116 levels. It seems to making newer Higher Highs since the last few weeks steadily. The most recent MACD Crossover has shown a good move upward. Currently the MACD Cross is in play on the Monthly Charts. Once it completes successfully, the stock could start seeing massive movement upward in the coming weeks/month.
Stock has completed its Correction phase and found its lowest at 860, much below the 1700 IPO listing. Stock seems to be forming a new Higher High and Higher Low Pattern since Oct 2023. Also it can be seen following the Trendline as well. A Hammer on the weekly close last week, could indicate a strong support forming exactly on the Trendline, which is a good...
📊 Script: MTARTECH 📊 Sector: Aerospace & Defense 📊 Industry: Engineering Key highlights: 💡⚡ 📈 Script is trading at middle band of BB. 📈 MACD is giving crossover. 📈 Script may fill the gap. 📈 Right now RSI is around 50. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 1911 🟢 Target 🎯🏆 - 2071 ⚠️ Stoploss ☠️🚫 - 1828 ⚠️ Important: Always maintain your Risk & Reward...
NSE:SUTLEJTEX Stock has completed its Lower Low Formation and the new Higher High Higher Low is in play currently. MACD is also about to make a crossover, which could indicate a good momentum upward in the coming days/weeks. In addition, the stock has seems to be following the Trendline as marked. This could also start acting as Key Support in the coming...
Stock is currently at its 52W high and also breakout zone. MACD is indicating a good momentum in the upward direction. Also Monthly MACD has made a crossover, which could possibly take the stock to new highs in the coming weeks/months. 406 has formed as a Key Support for this Trade be to be valid. Weekly closings above this Support level will surely take the...
MACD is going to cross pretty soon in the coming days. Once Cross is done, should open new entry levels for next leg up. Good chance the stock can easily retouch its Swing High. Try to take entries only after MACD Cross completes successfully. Stock's fundamentals looks promising too.
📊 Script: SARLAPOLY 📊 Sector: Textiles 📊 Industry: Textiles - Spinning - Synthetic / Blended Key highlights: 💡⚡ 📈 Script is trading at upper band of BB and giving breakout of it. 📈 MACD is giving crossover . 📈 Right now RSI is around 67. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 98.50 🟢 Target 🎯🏆 - 111 ⚠️ Stoploss ☠️🚫 - 92 ⚠️ Important: Always maintain your...
The Stock seems to be following the Trendline and successfully forming Higher High and Higher Low Pattern. Convergence Divergence is also in play currently. MACD Crossover has also happened exactly at Trendline retouch indicating a move upward. Election results has helped the stock to rally as well, since Modi government retains power for the 3rd time. If...
📊 Script: ARE_M 📊 Sector: Auto Ancillaries 📊 Industry: Auto Ancillaries ⏱️ C.M.P 📑💰- 1401 🟢 Target 🎯🏆 - 1555 ⚠️ Stoploss ☠️🚫 - 1308 📊 Script: IRB 📊 Sector: Infrastructure Developers & Operators 📊 Industry: Construction ⏱️ C.M.P 📑💰- 76 🟢 Target 🎯🏆 - 85 ⚠️ Stoploss ☠️🚫 - 72 📊 Script: RAYMOND 📊 Sector: Textiles 📊 Industry: Textiles - Products ⏱️ C.M.P...
Nifty opens near previous day closing and bulls were aggressive from starting of the day and made days high of 22320 level with 468 points up which is almost 2%. Index has formed big bullish candle on daily chart with small upper and lower shadow. MACD is giving Bullish Crossover. Nifty has broken the resistance of 23059 so, further 23396 will work as...
Price Action and MACD have shown Convergence Divergence. Also a new Higher High and Higher Low Pattern seems to be in play currently. Another new MACD Crossover as well is happening now. Could this cross take the Stock to a Swing High again? While Weekly charts look good, even the MACD Cross on Monthly charts look promising as well. Let's keep an eye on this.
📊 Script: UBL 📊 Sector: Alcoholic Beverages 📊 Industry: Breweries & Distilleries Key highlights: 💡⚡ 📈 Script is trading at upper band of BB and giving Breakout of it. 📈 MACD is giving crossover . 📈 Double Moving Averages are giving crossover. 📈 Right now RSI is around 68. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 2035 🟢 Target 🎯🏆 - 2219 ⚠️ Stoploss ☠️🚫 -...
📊 Script: DEVYANI 📊 Sector: Quick Service Restaurant 📊 Industry: Hotels Key highlights: 💡⚡ 📈 Script is trading at upper band of BB and giving Breakout of it. 📈 MACD is giving crossover . 📈 Double Moving Averages are giving crossover. 📈 Right now RSI is around 70. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 170 🟢 Target 🎯🏆 - 191 ⚠️ Stoploss ☠️🚫 - 160 ⚠️...