SCHNEIDER at all time high. Nifty making all time high. India Vix crashing. Electric equipment industry is showing strength. SCHENEDIER have a breakout with good volume after a consolidation phase. Offering a good R:R. Cheers
Very nice price contraction and then an impulsive volume jump. The alcohol industry is showing strength, and Nifty is making new highs. Fundamentals are not that supportive, so there will be less support from fundamental investors. This is a technical trade with a tight stop loss, giving an excellent risk-to-reward ratio. Be cautious about the rising vix. Cheers....
Clear demand is visible on the 15 min chart. Can provide good return in short time. SL can be 215 and target 345.
Nifty making all time high. India Vix at comfortable level. Nifty Auto sector outperforming Nifty. Tyres industry showing strength. CMP 2172, SL 2060, TGT 2515-2520. R:R 1:3. Fundamentals are also looking good.
Textile sector is outperforming Nifty. Textbook style cup and handle breakout in the stock.
Its a technical trade. Stock is offering a lucrative risk to reward. Up trust can be limited as it is not supported by fundamentals investors.
ELIN is offering good R:R ratio of 1:2.3. Nice pocket pivot after a strong consolidation. Demand is coming in the last part of the trading session means their is delivery based buying happening. Delivery is 5.9x times.
CNXIT just started to outperform. XCHANGING offers a good risk to reward. Nifty at ATH. INDIA VIX crashing. FII buying. Dividend notification