We can witness to take profit at the marked levels
JK TYRE& INDUSTRIES, Daily Chart ( Investment Pick.) JKTYRE Has given Wonderful Break-out with Very Good intensity of Volume, Above 2 years Long & Strong Resistance Trendline. Can Buy Now at CMP 90, or if Get Dips, With Stop Loss of 84 closing basis. For Targets of 100.70, 108.50, 119.55, 131.25 & 140 Too. DISCLAIMER. I AM NOT SEBI REGISTERED ANALYST. MY...
M&M on weekly time frames is poised to correct. Currently, hidden negative divergences are clearly visible on the chart. Even though, the price has established a new high post-September 2020 however, RSI failed to establish a new high and its the first sign of loss of momentum. Applying the Elliot wave theory From march lows of 250 and recent highs of 760 -...
Atul Auto is a fundamentally a strong company with great investors on board. Technically, the stock is showing positive divergences on the weekly time frames. CMP is 192 and it seems it is already to touch 260 and 340 levels. Any weekly closing above 340 levels will open the chances of it testing its all time highs
After reaching an ATH just above 75, the price has since fallen back and consolidated after failing to reclaim the upward trend line. Long entry above 51.49 is a confluence above the.236 fib as well as the VPOC, more conservative entry is at reclaim of the trend line. This may also have a possible earnings run-up approaching late November.
Manufacturing has been a red-hot sector lately, and the CARZ auto ETF has been a beneficiary of that boom. The latest manufacturing data out today show continued outperformance by this sector, which I suppose is why CARZ is up today: Empire State index: 17 Price of imported industrial supplies: +3.6% Manufacturing output: +1% When you drill into the data,...
Hello, guys welcome Back My self Ravindra, Guys please if you like my analysis then like it takes hours for making No more words Please. When you analyze Through elliote wave, Wave 3 is done at 340 Level which is approx 0.382 Fib level Its confirm. Now According to Elliote Wave after wave 5 we see a major fall Around 260 Points from 1 FEB to 8 APRIL. According...
M_M - Enters into multi - time frame resistance zone
By looking at tata motors daily chart it shows it can touch 200+ levels soon. one can buy it and hold it for short term for gain in tata motors.
TVS Motors after its sharp declines over the last few days has now headed into a stiff resistance zone. The strong volume lead rise is now seen halting at the higher levels as the resistance zones around 500-510 could witness supply. With a value resistance zone on weekly charts firmly laid out ahead the possibility of continued upward rise is now...
Buyer Ideology - Is it the time to do Bottom Fishing? Seller Ideology - Am I trying to catch a Falling Knife? Are you a buyer or Seller? Let me know. We will be Buyers for 10 years. We will be Sellers for 3-6 months.