Metro Brands (MBL; CMP: Rs 875; Market cap: Rs 23,782 crore) posted a strong set of results in Q3FY23. Contrary to the commentary by various retail companies, which indicated some softening in demand in the post-festive period, MBL witnessed continued strong momentum towards the end of the quarter as well. MBL has a huge runway for growth and it is fast expanding...
Since morning it was bearish set up we seen trendline breakdown this move just to retest the levels i am thinking it should go for down, if my analysis will be good then we can see a downside move. Chances are high we can see some down move,. I think i am the only one who is bearish at here, where everyone on bullish side, so please i might be wrong also. So...
Bajaj Finance is mainly engaged in the business of lending. BFL has a diversified lending portfolio across retail, SME and commercial customers with a significant presence in urban and rural India. It also accepts public and corporate deposits and offers variety of financial services products to its customers. Market Cap ₹ 364,577 Cr. Current Price ₹ 6,022 High /...
Chennai Petroleum Corporation Limited - Falling trendline - breakout seen in the prices along with breakout in RSI. volumes, a bull sash candle, closed above EMA 61, all these are seen in the daily time frame, indicating a further up move in prices. Prices can move up at least up to 240 and above that, they can rally to 250 -275. Can be bought if the price...
After a short term correction, the stock has consistently been forming higher low formation, and formed a inverted head & shoulder and given breakout too,,On last Thursday, the stock has ralled 5% and also formed long bullish candle which is broadly positive. For trend following traders now, 20 day SMA or Rs.70 would act as a sacrosanct support zone. Above which,...
TVS Motor daily chart pe badhta he ja rha hai,,aur ye aur bhi badhega ish level se bhi,,Stock price has moved above 50 day exponential moving average on daily time frame. The MACD indicator also showing positive divergence in short term,,TVS MOTOR can fly till this level 1130 and if this level got sustained then definitely we can see it can reach previous highs...
After a long correction the stock took the support near Rs 3850 and reversed sharply, on last thursday the stock rallied over 5%. Despite tepid market condition, the stock held the positive momentum throughout the day. Technically, the medium term texture of the stock is still in to the bearish side. however, above Rs. 4000 the pullback formation is likely to...
We have seen proper breakout on this ticker and if this is going to sustain then definitely we can see blast in upside and soon it will cross 100 level and then that can head towards 125 and on more highs..well company is good to invest for long term,,it has good past track data so we can assume that can perform better in future and most attractive thing is...
BankNifty is trading in a range, and now it has taken support at lower range and also given a breakout of falling tredline in short term so we can assume a bounce back for 200-400 points in banknifty. So if anyone wants to go long from this levels can go right now it is trading at 39085 keep stop loss at 38875 and go for target 39300/39400/39500+. Chances are high...
The stock has risen above the falling channel on the daily and weekly chart, suggesting increasing bullishness. Besides, the stock price has moved above the 50 day exponential moving average on the daily timeframe. The MACD indicator also suggesting bullish crossover in ITC .. Stock kam se kam previous high pe to jana chahie jo ki 360 ka hai,,lower side bat kre to...
Happiest Minds founded in 2011 is headquartered in Bangalore, with operations in the U.S, UK, Canada, Australia and Middle East. It is an IT company, ranked 4 in IT Services which works on disruptive technologies such as artificial intelligence, blockchain, cloud, digital process automation, internet of things, robotics/drones, security, virtual/augmented reality,...
About Company:- Voltas is engaged in the business of air conditioning, refrigeration, electro - mechanical projects as an EPC contractor both in domestic and international geographies (Middle East and Singapore) and engineering product services for mining, water management and treatment. Technical @ Fundamental Analysis:- We have seen falling trendline breakout...
Persistent systems ka result bahut acha hai islie aaj isne breakout bhi dia hai,,and aisa lag rha h jaldi he 4400 ke target dikha dega to stp loss lgaao 3912 ka and target k lie wait kro,,, vaise ek bat aur bta dun isko ap log hold bhi kar skte ho long term k lie behatreen stock hai with good fundamental and good management..and result always best ate hain iske to...
Hindenburg ne hila dia ADANI Group ko,,he is claiming ADANI group is doing scams with their funds that is the reason all stocks of adani group falling like anything,,and we can see this follow up sailing some more days until AGAG GROUP is not giving proper reply to their investor, Sale ADANI ENTERPRISES FUTURE FOR 20-35% RETURNS. FOR STOP LOSS AND TARGET SEE...
Hello traders..hope you all will making profits from market..I have analyse DLF for short term swing trade with strict stop loss..Go long in DLF from current level 357 with strict stop loss of 346 and ride this swing trade towards 375+...don't carry position if stop loss got triggered. Thankyou if you like my idea please like and follow me for updates.
Multiple breakout indicate an upward movement in Intellect Design. Price has now risen above the resistance of a horizontal trendline with a rise in volumes. MACD have given a bullish crossover which also happens to be a range breakout. Price has surpassed the resistance of its 61 ema. All these observations are in the daily time frame. price can rise at least 480...
Ekdam jhakkas company hai dudes,,the outlook appears promising as the company has a strong product portfolio and is focussing on increasing market share. Sectoral tailwinds such as strong demand, better semiconductor chip supply, and softer raw material price have helped ASHOK LEYLAND post a strong set of numbers in Q3 2023. bhai log,,company ka medium se long...
Hello traders, I have brought again one of best it sector Gem which can make you millionaire if you hold for a decade,,,best fundamental company and best management..best business model..We have seen a neat and clean proper break out in this Gem. We can assume this is now gonna to make another highs in coming days and price can move towards 900+ level..this is...