#JUBILANT FOODWORKS LTD#JUBLFODD Make Rounding Bottom Chart Pattern
Buy - If daily price close above 715
Stop Loss - 630
Target - 875
Duration - 2 to 3 Month
MRF Stock Alert: Bullish Pennant Formation! 🚀 Are you ready for a breakout?📈
MRF stock is showing a promising bullish pennant pattern, signaling a potential upward price movement. This pattern often indicates that a strong rally might be just around the corner, making it an exciting opportunity for investors.
What is a Bullish Pennant?
A bullish pennant is a continuation pattern that occurs after a significant price rise, followed by a period of consolidation within converging trend lines. This is often seen as a pause before the next big move upwards.
Why is this important?
Strong Momentum: The prior uptrend sets a solid foundation.
Consolidation: MRF’s price has been stabilizing, indicating healthy market behavior.
Potential Breakout: Once the price breaks above the upper trendline, we could see new highs!
Key Levels to Watch:
Support Level: ₹131770.45
Resistance Level: ₹133350.25
🛑 Disclaimer: This is not financial advice. Always do your research and consult with a financial advisor before investing.
Are you keeping an eye on MRF? Share your thoughts below! 📊
Xchanging Solutions - Breakout on the cardsAfter large cap IT stocks, time has come for small and Midcap it stocks..
Can go long with breakout candle low as SL (WCB)..
CIPLA ......Sharp fall May Expected in Few DaysCipla has broken the Decending Triangle Structure .....Reteted the Broken Line today.....There are Several Gaps (Unfilled Order Blocks) in down side .....Hopefully we gonna see a sharp fall soon.....Below Red lines are GAPS to be filled up ...
Jupiter wagons Ema 100 > 144 > 200 > 300Jupiter wagons Ema 100 > 144 > 200 > 300
1) Inverted H & S pattern
2) trendline breakout done, but retesting pending which may be achieved in a while from knot level.
3) Than stock may boom.
oilindia - Ema 100 > 144 > 200 > 300oilindia - Ema 100 > 144 > 200 > 300
1) Strong wide base formation
2) Bigger time frame Overall trend is upside
3) On DTF consolidation is goin on
4) Wide Consolidation going on
5) wait for trap breakdown till green ema
Expect stock to rally at least 40 % there after.
SHRIRAM FINANCE LTD Swing TradeHello,
Trend-Based Analysis. Buy the Dips, Sell The Rallies, Also Following the Trend. Let's see where the Price Action takes us, Riding the wave. Potential trade setups based on trend momentum.
Technical analysis based on trend identification and momentum, Looking for high-probability setups within the prevailing trend.
Analyzing the current market trend and potential future price movement. Focusing on risk management and reward-to-risk ratios.
Details is Mentioned in Chart, Read carefully.. .
HAVELLSDisclaimer:
This is not financial advice. Please do your own research or consult with a financial advisor before making any investment decisions. Investments in stocks can be risky and may result in loss of capital.
GO LONG ON AMAR RAJA ENERGY & MOBILITY (ARE&M)The stock has touched high of 1775 and now stands at a correction of 26%. The current price is at 1320. One can accumulate the stock in the price range of 1300 to 1320. The daily and weekly charts are both oversold. Also the 4h time frames have made their respective hl. So one can buy the script with the stop Loss of 1203. Short Term Targets 1400 and Long term Target 1 Year is 1900.
Knr Construction Good For Long as per FibonacciKnr Construction Good For Long as per Fibonacci Now 342 Invalid 288 Possible target 374-416-456++
Jupiter wagons limited Good For Long Side Jupiter wagons limited Good For Long Side possible target 786-820+++ Now 558 invalid 518
TATA COMMUNICATIONS Swing Trade Hello,
Trend-Based Analysis. Buy the Dips, Sell The Rallies, Also Following the Trend. Let's see where the Price Action takes us, Riding the wave. Potential trade setups based on trend momentum.
Technical analysis based on trend identification and momentum, Looking for high-probability setups within the prevailing trend.
Analyzing the current market trend and potential future price movement. Focusing on risk management and reward-to-risk ratios.
Details is Mentioned in Chart, Read carefully.. .
TATACOMMDisclaimer:
This is not financial advice. Please do your own research or consult with a financial advisor before making any investment decisions. Investments in stocks can be risky and may result in loss of capital.
HIND unilever - Entry Levels to go bullish The stock expected to get rejected from the levels of 2294 and from the levels of 2200.
The price can fly to the levels of 2670 and 2500 as a minimum.
Hindalco - Levels to Enter Hindalco has the potential to go higher, but retracements expected before getting bullish.
Entry 01 - 592
Entry 02 - 550
Grasim - Quick 10% move Grasim expected to get rejected from the levels of 2370.
This short term move has produce 9 to 10%.
Dr.Reddys - Pivot level - Potential for 1450Dr. Reddys has potential for the levels of 1450 , however the stock if breaks the levels of 1170 may slide to below levels before flying high.
IRB Infra TargetBased on RSI Hidden Divergence. While the price is going up, RSI is going down.. This indicates trend continuation..
CIPLA - BUY - 1755CIPLA to hit the lower levels of 1268 before flying to the higher levels of 1755.
The Stock has shown consolidation for the last 2 months .
GO LONG ON - HONEY WELL AUTOMATION.This Script has corrected @30% from its highs of 60000. The Monthly and Weekly charts show oversold territory. One Can buy the Script @ current levels of 40500 with Stop Loss of 38000. With a Short Term Target of 45000 & Long term targets of 60000
Technical Analysis Report: Balmer Lawrie & Co. Ltd.Overview:
Balmer Lawrie & Co. Ltd. is showing key technical setups, offering potential trading opportunities. Here's a concise breakdown based on the daily chart analysis.
Key Observations:
1.Fibonacci Retracement:
The stock retraced to the 0.5 level at INR 225.00 and rebounded from the 0.382 level (INR 202.40).
2.Chart Patterns:
An inverse head-and-shoulders pattern signals potential reversal, with a target of INR 263.45 if INR 249.54 is breached.
3.Moving Averages:
Near-term support: 20-day EMA (INR 232.30) and 50-day EMA (INR 238.84).
Resistance: 200-day EMA (INR 245.56), aligning with the pattern neckline.
4.RSI Momentum:
RSI at 58.36 suggests mild bullish momentum, with room for upside.
Key Levels to Watch:
Resistance: INR 249.54, INR 263.45, INR 279.95.
Support: INR 238.00, INR 225.00, INR 202.40.
Potential Scenarios:
Bullish: A breakout above INR 249.54 could lead to INR 263.45 and potentially INR 279.95.
Bearish: A rejection near INR 249.54 may push prices back to INR 238.00 or lower.
Volume Analysis:
Rising volume indicates renewed buying interest, supporting a bullish outlook.
Conclusion:
Balmer Lawrie & Co. Ltd. is poised for a potential breakout above INR 249.54. Traders should monitor key levels closely and manage risk accordingly.
Disclaimer:
This analysis is for educational purposes only and not financial advice. Conduct your own research before investing.
Buy above 810 on closing basisStock gives clear breakout of the falling trendline with volumes, stock also formed a inverse H&S at the bottom of the move, if stock sustains 810 one can go long for the targets of 880 and 920, while stock loss is at 770 on a closing basis.
