Chance of consolidation or reversal is there...rsi is showing a bullish divergence...trading near support of weekly dynamic zone... Seems like bearish impulse wave have formed..can expect a correction wave then probably a bullish impulse wave...
Pitrosky 8 ATH is Oct 2017 Cmp is 32% below ATH Stock is creating higher high and higher lows... Trading in a channel.. Watch lower channel ...if it takes support..go for a buy... keep a tight stop loss too.. Not a stock recommendation
Pitrosky is 7...last 3 quarter profit is slightly low...but that isn't reflected in the chart...last swing high is a all time high...now the stock is in a dynamic zone...I have took a position right now....do ur own analysis and enter...it's not stock recommendation...
Tomorrow nifty might fall...it have given a bull run..and now it seems like there is a huge call buildup too... I will go with bear call spread Sell 15750 CE & Buy 15850 CE This is my idea... Kindly do your own analysis 😊
Tata chemicals just broke the dynamic resistance and probably it will move toward the all time high... fundamentals are really strong for this company... pitrosky score is 7
From a important support region stock seems to be bouncing and going towards its all time hight... fundamental are really good...rsi is rising...and the Heiken ashi shows a bullish trend too... Do ur own analysis before taking positions... It's not a stock recommendation....
Fundamentals are really good...having a pitrosky score of 7... And the stock seems to be consolidating in a support region right now...if it haven't broke the dynamic support line..stock can give a good rally...now it is trading near its all time high...there is a great chance it can give up to 25% in a few days....I have added it my watchlist...do ur own...
Seems like it's taking a bounce from the dynamic support zone.. previously it respected the support line 3 times...and the rsi seems to be rising too...in Heiken ashi...it clearly shows a buy signal...and the stock is approaching to all time high...so there is a chance there might be a breakout to the upward direction breaking the dynamic resistance...even within...
Bhushan steel that was acquired by Tata...72% stake is in hands of Tata group now...since the metal rally....tatastlbsl is performing really well compared to its peers... especially compared to Tata steel itself...when all eyes are on the Tata steel...it's subsidiary had outperformed Tatasteel...even when the whole metal segment fell...tatastlbsl opened 5+% gap...
Seems to be taking supporting at important level...it was consolidatng for a few days..
Seems to be taking a support in the channel...
Once consolidation stage breaks...there is a chance of bull run... pitrosky score is 8.. last 3 quarter results were good..it's a undervalued stock , subsidiary of Tata steel..14 days return almost 75% while on Tata steel was 24% ... it's best time to consider buying... I'm not SEBI registered...do ur own studies and analysis...this is just my idea☺️
Stock seems to be bouncing back from a support zone...next high formed will be as give in the image...this is my speculation..for the last 3 quarter stock seems to be performing well...and it have a good pitrosky score... Karnataka gov is pushing cipla to produce more remidisiver( they couldn't make the promised delivery) so they will try their best to increase...
Since the parallel channel is respected at many points...it seems like from the low of the channel it just bounced back...either it will get a resistance at the top line of the channel...or it breaks the resistance and go further high( but that seems not so easy.)..and looking at volumes...we can see the volumes are raising in the day candle... showing another...