Chambal Fertilisers , a prominent player in the fertiliser industry, has recently garnered attention for its intriguing price action and technical indicators, prompting a closer examination for potential trading prospects. Reasons are listed below : Recent price action witnessed a breakthrough of the strong resistance zone at 350 levels, indicating a potential...
Rallis India , a leading player in the agrochemical sector renowned for its innovative solutions and commitment to sustainable agriculture, showcases promising potential for swing trading amidst favorable technical indicators. Reasons are listed below : After multiple tests in the 270-290 zone, Rallis India has finally breached the resistance, signaling a...
Marico Limited is one of India's leading consumer goods companies operating in global beauty and wellness categories. It is present in over 25 countries across emerging markets of Asia and Africa. It nurtures leading brands across categories of hair care, skin care, edible oils, healthy foods, male grooming and fabric care. Below are all the product categories...
PIDILITE INDUSTRIES looks good for a swing trade. This stock is a fundamentally strong and is now available at a discount as per technicals. The Reasons are listed below : Strong support at 2250-2300 levels. Formed a strong bullish engulfing candle on weekly timeframe. 0.382 Fibonacci support. Broke falling wedge pattern i.e a bullish sign. Holding onto...
Simple weekly chart depicting buy zone around bottom of a parallel downtrend, contingent upon Bitcoin and its greater market holding up
Page Industries presents a compelling investment opportunity, supported by both technical indicators and robust fundamentals. Reasons are listed below : Technical strengths : The psychological level of 35,000 has shifted from a resistance point to a strong support level, reflecting market confidence in the company's prospects. The formation of a hammer...
Caplin Point Laboratories , a leading pharmaceutical company known for its focus on generic formulations with strong fundamentals, presents an attractive opportunity for swing traders and investors. Reasons are listed below : Support Zone at 1200-1250 : Caplin Point Laboratories has established a strong support zone in the range of 1200-1250, showcasing its...
A potential swing trade opportunity in Cyient , a leading global engineering solutions provider, renowned for its innovative approaches and commitment to sustainability. Reasons are listed below : The stock is currently retesting the significant resistance level of 1800, which historically served as a strong barrier. This retest could indicate a potential...
This stock looks good for a swing trade. Reasons are stated below : 1566 levels acted as a resistance but the price broke that level and now its retesting the same. Formed a morning star pattern on daily time frame. 0.5 level Fibonacci support. 50EMA support on daily time frame. target - 1950 stoploss - 1508
Sapphire Foods , a leading player in food and beverage industry, emerges as a potential swing trade candidate. Reasons are listed below : Ascending triangle pattern breakout observed, suggesting potential bullish continuation. Bullish engulfing candle on the weekly timeframe, engulfing the previous 13 weekly candles, indicating a strong bullish reversal. ...
- Trade Strategy: Trend Trading - Sideway Bounce Setup - Key Levels: Key Support at 1.2461, Target at 1.2502 - Profit Potential: 41 pips (410 USD/lot) Analysis: - Trade Strategy: Trend Trading - Sideway Bounce Setup - Key Levels: Key Support at 1.2461, Target at 1.2502 - Profit Potential: 41 pips (410 USD/lot) Trade Plan: - Long Opportunity: Consider going long...
This Tasty Treat is at the bottom of the Channel, as you can See. Springboard, with that Strong Marubozu. I dont Even have to Tell you, What's Next...!
MapmyIndia (CE Info Systems) presents a compelling prospect for swing traders. Combining innovative technology with mapping solutions, MapmyIndia has established itself as a leader in the navigation and location-based services industry. Reasons are listed below : The 1600-1700 range, once a challenging barrier, has now transformed into a strong support...
Today, we delve into KPR Mill Ltd , where a confluence of technical factors suggests a potential swing buying opportunity. Reasons are listed below : KPR Mill Ltd recently revisited the critical support at 760 levels, a zone that has historically proven significant. The noteworthy aspect is the successful breach and subsequent retest, signaling potential...
In the dynamic realm of market opportunities, Latent View Analytics emerges as a compelling prospect, poised for an upside rally. Reasons are listed below : After multiple tests at the crucial 500 level, Latent View Analytics is currently positioning for a decisive breakout. Robust bullish marubozu candles, both on the weekly and daily timeframes, signal a...
ACC has recently emerged as a focal point of interest, presenting a promising buying opportunity when analyzed through the lens of technical indicators. Reasons are listed below : The 2080 levels underwent multiple tests before the price eventually broke through. Currently, the price is in the process of retesting those levels. A bullish marubozu candle is...
Celsius Holding with ticker CELH is looking good in my opinion. This non alcoholic beverage company is ranking as the 2nd best company in this sector, Coca Cola is number 1. When we compare those two stocks, KO has a market cap of $260 billion and CELH has a market cap of just $15.64 billion. The chart is looking pitch perfect, just like the financial data of...
On the chart of DOT in pair with USDT, we can observe a second correction close to around 30%, what is more, we can see here how the price is approaching a strong upward trend line. This would indicate green zone number 1 as a potential entry into long positions, while the next zone marked in green may be the second purchasing zone to increase the position and...