Indianstocksanalysis
NATCOPHARM Can Be Good For Holding From HereNSE:NATCOPHARM We can add this script in our portfolio for long run lets discuss about chart view first and then target and sl.
As you can see on chart it was correcting from long time ago and as per price action rules, Stock will start doing consolidation after a huge fall or huge bull run.. The same scenario visible with this scrpt. After looking at current consolidation we can say there can be huge bull run possible in comming days. You can keep in Watch-List If you don't want to participate this you can keep your view on this.
Let's look at level :
Entry : 835
Target : 900++
SL : 775
Thnaks,
-UD Trend
Disclaimer : All Suggestions And Calls Will Be Pure Educational & Self Examination Purpose Only You Can Take Advise Of Your Financial Advisor As Secuirity Market Linked With High Risk.
IndiaBulls Housing Finance can explode on Daily - 75-100% upsideIndiaBulls Housing Finance looks bullish on daily with huge potential upside both from Technical point of view and also based on fundamentals.
Fundamentals:
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The company said in a statement that it will gradually reduce its wholesale book by 33% by March 2022.
According to the company, it is also planning to double the retail customer base by March 2025 and said that retail loan disbursals have picked up on the back of rising sale house sales.
The lender reported a consolidated net profit of ₹329 crore in the three months to December, down 39.7% on the back of lower income.
Its gross non-performing assets (NPAs) stood at 1.75% of gross advances. Had it not been for the Indian Supreme Court’s dispensation on asset classification, gross bad loan ratio would have reached 2.44% as on 31 December.
Also, it has restructured 0.95% of its loan assets and its collection efficiency has now reached around 98%.
Technicals:
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The price has tested 0.117 Fib resistance a few times and is showing strong bull power on lower time frames to breach this resistance which will propel the price to 0.236 Fib resistance at around ₹ 400.
Also, the Support/Resistance bands are squeezing and turning around showing some strong potential price move to the upside with the extreme top bands coinciding with the 0.236 Fib resistance where the Daily price will have its first test.
Breaching this 0.236 resistance level, a big move can be expected to 0.382-0.618 (₹ 600 - 900 range) levels test, given the company hits its fundamental stakeholder expectations and its commitments.
The following 4hr chart shows price testing the top resistance bands and a big move is likely upon breach
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Do Your Own Research on Company fundamentals to get a good idea and its future potential.
July Bad For nifty + Nifty in multiiple Time Frame Hello guys,
How are you doing Nowadays?
Just make it Simple today
Bearish Engulfing Candle :
Monthly time Frame:
What I am doing?
I short 1 lot of Nifty at the current price if nifty Rise in a positive direction then I Sell 1 more lot in nifty I am averaging my positions with Sl 10620
TGT @ 10200-10000-9800
Technically I am bearish In nifty
It's JUST FOR VIEW TAKE YOUR OWN DECISIONS AND YOU CAN HELP MY CHART WHEN YOU ARE DOING TRADING
THANKS
Bank Nifty Weekly Analysis with Elliote wave + Price Action !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 analysis Through elliote wave, Wave 3 is done at 22000 Level which is approx 0.0382 Fib level Its confirm when you making internal wave in 3 rd wave Which is at 13000 So we can consider this as wave 4 Now According to Elliote Wave after wave 5 we see a major fall in bank nifty Around 16000 Points Within weeks does it was a corona effect? I don't think so Because Price has fallen in the first week of January when there are no corona cases in India, Price has fallen until the last week of march When worldwide economy down Stocks moves In a positive direction.
According to technical analysis, we have done our 5 th elliote wave at 33000 levels ( We Have done our impulsive Wave )
, Now price is riding on a corrective wave A, B, and C According to my view we will see 23000 levels in bank nifty in upcoming weeks if it will retrace 50 % Then we will see even the price of the bank nifty at 25000-27000-30000 level in upcoming.
I am not taking any fundamental analysis So Trade with proper knowledge
What did you think why the price rising in this bad economy?
Thanks
TATA CONSULTANCY By Elliote Wave.When we Look toward TCS and drawing Elliote Wave, We will get a clear picture of the price trend.
The price is under the waves 5 Impulsive.
At 1860 You see multiple time push upside price we Can consider as good support level at 1930
"EW Trade " Target 2040-2150 for long
Thanks
HINDALCO INDS TRADE SETUP HEAD AND SHOULDER +Elliote Wave Hello Guys, Sorry due to busy schedule not uploading any setup from past 24 hour
Hindalco Inds Good for buying For short term profit
when you look at 15 Min chart you see a head and shoulder pattern for target 127 I mention below
According to elliote wave principle now we are riding on 5 the wave which is the last wave if it moves further upward we can see the level of 130-135 easily
Thanks
Strong: Elliote(5+3) + Price Action breakout + Volume profile Hello guys before I write anything I say something that's its takes hours to analysis a single chart so please like it.
Elliote wave: 5+3
=>> 5 Impulsive wave done by Piramal Enterprise at 629 0.618 fib level according to wave principle, Currently It's riding on Corrective wave and its have 3 waves with correction of 1 fib which is at 1760 level = 4 wave
Price Action Breakout:
=>>According to its theory its touches there lower value with excess price with pinbar shows rejection to falling more down and move toward control price if it breaks the level of control price then we can see Piramal at upper value soon.
Volume Profile:
=>> As you know little bit about volume profile you can see Price at this volume high which means institutional investor taking entry at this price for reversal.
Buy Strongly ::::: like Like
Thanks need your support by liking it.
HDFC Sell Setup By Elliote wave + Price Action Breakout + EMABefore we understand HDFC in Multiple time frame, its takes hours to analysis a single chart so please like it.
Those who are doing day trading they can sell Hdfc by doing average easy target to reach 1300 level with upcoming days.
When you look toward HDFC in a weekly time frame
Elliote Wave:
=>> As you can see in above chart Impulsive wave (1, 2, 3, 4, 5) done by HDFC bank With fib level 0.382 Which is at wave 4
According to wave principle Now it's riding on Corrective Wave(A, B, C) B which is looking downtrend trend target 1050 Weekly Obviously its takes Time at this level Just for the view.
EMA: As you can see I put EMA indicator of 50, 100, 200 Which gives good support to HDFC and Now its Break With retest done by 200 EMA Which is a good sign for Showing Selling Setup.
Price Action breakout:
=>> In above chart As you can see it breaks a lower-Value after touches previous control price and shifted back to new control price its good sign of changing reversal pattern after a good uptrend.
Inside Bar: Weekly inside bar close below the previous one which is Showing selling pressure.
Thanks
Infosys Ltd Technical Analysis Stock Market India Infosys Ltd Technical Analysis Stock Market India
Infosys is a leading provider of consulting, technology, outsourcing and next-generation digital services, enabling clients to execute strategies for their digital transformation. Infosys strategic objective is to build a sustainable organization that remains relevant to the agenda of clients, while creating growth opportunities for employees and generating profitable returns for investors.
Axis Bank Ltd Technical Analysis Indian Stock Market Axis Bank Ltd Technical Analysis Indian Stock Market
As the third largest private sector bank in one of the worlds fastest-growing economies, Axis Bank offers a wide spectrum of financial solutions to a diverse range of customer segments spanning retail, small and medium enterprises, government and corporate businesses.