Dalmia Bharat could be a good stock for the next week which looks better as per technical analysis, the stock is up trending on the daily chart. The stock is trading 53% on the daily chart as per the RSI indicator, indicating the strength of the stock. This stock can prove to be a better option for buying next week.
If you are looking for a good stock for the next week, ICICI Bank can be a best stock on our golden parameters. The stock has moved from downtrend to uptrend according to our parameters on the daily chart, of course the stock is still below the pivot point but the possibility of an uptrend in it cannot be ruled out. The stock closed at an upper level today after...
Baker Hughes Company
The stock was earlier caught in a prolonged consolidation phase, during which it established an Inverted Head & Shoulder pattern.
After the breakout, the price experienced a sharp rise but underwent a correction following the formation of a Double Bottom pattern.
Subsequently, the stock entered another period of consolidation, gradually...
NASDAQ
After a powerful uptrend, the stock encountered a significant resistance around the 72 level and plummeted sharply thereafter.
Finding stability near the 47 level, the price surged within a Rising Wedge formation.
Typically, following the appearance of this pattern, a decline occurs post-breakout. This scenario unfolded exactly as expected.
...
Rounding Bottom Breakout.
Huge Accumulation done.
Volume Buildup seen.
Above all EMA.
Good for Short Term.
Do Like ,Comment , Follow for regular Updates...
Keep Learning ,Keep Earning...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational...
D.R HORTON
After analysing the historical stock price, it is clear that the stock has been on an upward trend.
Following the market crash in March’20, the price began its upward movement.
During this uptrend, the price initially formed a Bullish Pennant pattern, leading to a surge after the breakout.
Around the 107 level, the stock faced resistance and...
FedEx
The stock price has been following a downward trend within a parallel channel.
After reaching a base near the 145 level, the price started to move in an upward direction.
With the support of a trendline, the stock managed to break through its trendline resistance with strong volume.
As long as the price remained below the 50 EMA, it faced resistance...
Company is almost debt free.
Company has delivered good profit growth of 56.4% CAGR over last 5 years
The combined share of operating losses at China and Romania came down significantly because of China
reporting positive profit in Q4 FY 2024. However, Romania continued to report operating losses in Q4 FY
2024.
➢ While the demand situation in Europe both on...
NSE:DCAL
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we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
A Bullish Breakout of On Neck pattern and a Rounding Bottom is visible on the Daily chart of NSE:SPARC
MACD gave Positive crossover on Daily, Weekly and Monthly chart. So, expecting the momentum to continue.
One can create a fresh position in the scrip as per the levels mentioned on the chart.
Risk Disclaimer:
The information provided in this analysis is...
Nifty has given a proper lifetime breakout on Friday. This Breakout has opened channel which can take Nifty towards 20700+. Resistances on the way will be at 20445 and further at 20734. Supports for Nifty will be at 20013 and 19675 on a weekly chart. These projections will be valid if Election results will be similar to Exit Poll results. If there are results...
NSE:CASTROLIND
Stock is consolidating in a channel from past 8 years. From last year it’s started to making higher low in weekly/Monthly Chart.
Monthly : As per monthly analysis stock has shown a bullish engulfing at bottom levels.
Weekly:
• June 2nd week we can see a big green candle engulfing past multiple weeks.
• June 3rd week there is rejection...
HAL has been testing the 1500 levels from last 7 months. It is a good long trade if it closes above 1500 today since it has never given a daily closing above it.
It is a breakout from inverted head and shoulders pattern and target can be 15-20% positionally.
Stoploss can be below 1410 DCB.
Just for educational purpose.
The share of Bharat Bijlee daily chart lots of price action you can learn, if you are interested read below
The first learn the trend line after 21st Jun the share follow the trend line, after trend line breackdown the trend line work like resistance
27oct 2022 the share strong bullish candle formation this candle break the previous high and trend line
...
Royal orchid hotels ltd good for swing trading
breakout on weekly chart
volume high on daily chart
Buy 272
1st target 329
2nd target 385
sp 211
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes
All details are given on chart. If you like the analyses please do share it with your friends, like and follow me for more such interesting breakout charts.
Disc - Am not a SEBI registered. Please do your own analyses before taking position. This post is only for educational purposes and not a trading recommendation.
