bajaj housing finance is currently at the support area of 150 and is also supported by a 50-hour moving average. This indicates a potential upward movement from this level.
Currently, Mahindra & Mahindra is trading in the short-term range, awaiting a breakout.
Britannia Industries' stock price has returned to the 6000 price level, which was previously a resistance level, and will now act as a support level. Additionally, the 50-day moving average support is also at the same level. In other news, the company has announced a strategic partnership with Bel Group for local cheese manufacturing in India. A factory in...
Bank Nifty has recently broken through its all-time high resistance level and is trading for 54000. Given this significant breakout, it would be prudent to exercise patience and wait for a pullback to the 53150- 53200 level before considering an entry position. This approach may offer a more favorable risk-reward ratio and enhance the potential for a successful trade.
Currently, BAJAJ HOUSING FINANCE is trading within a specific price range as indicated above. It is advisable to wait for a significant price movement either above the upper limit (breakout) or below the lower limit (breakdown) of this range before considering further trades. It's worth noting that since BAJAJ HOUSING FINANCE was listed just 2 days ago, there is...
BIKAJI FOODS has decisively broken through the resistance and is currently in the process of retesting. This presents a solid opportunity to enter the retest. Furthermore, in the 54th GST Council meeting, the government made the firm decision to reduce the Goods and Services Tax (GST) on Extruded Namkeen snacks from 18% to 12%.
Havells has recently reached an all-time high and has maintained its price above this level. You may consider entering the market at this point or wait for a potential pullback to the 1950 price level before deciding.
HINDUSTAN UNILEVER has reached a new all-time high and has successfully retested it. We can consider entering a buy position at this point.
As we can see, BAJAJ FINSERV was forming a symmetrical triangle pattern on a weekly time frame and has currently broken out of it. We can consider a buy on pullback at around 1835.
ICICI BANK has recently surpassed the 1250 resistance level, which also marked an all-time high for the stock. It is currently trading above this level. You can consider entering now or wait for a pullback to 1250-1255 for a potentially better entry point.
Please remember the following information: SUN TV has broken the resistance level of 829 on an hourly timeframe. Entry: 829-833 Stop Loss: 815 Target Range: 860-865 Important Note: Sun TV Network's consolidated net profit for the quarter ended June has dropped by 6% to Rs 546 crore due to a decrease in revenue and an increase in expenses. EBITDA for the quarter...
Costco has breached the resistance which was also an all-time high resistance. Costco has consistently exceeded quarterly estimates in recent quarters, enhancing its appeal even at its all-time high. If you want to open a long position or are willing to invest, consider entering at a price level between 911 and 915 with a stop loss between 895 and 900.
Costco Wholesale Corporation is currently reaching an all-time high and approaching a significant resistance level. It is poised for a potential breakout, so keep a close watch and wait for the price to convincingly surpass the resistance level before considering any action.
We observed a significant decrease in Nike's price-to-earnings (P/E) ratio from 78.6 to 21, representing a multiyear low between 2020 and the present. Nike's stock has declined by 60% from its historical peak, prompting observations regarding market irrationality in driving the company's P/E ratio to its lowest level since 2017. Consequently, purchasing Nike...
GMT/USD has failed to break out, leading to a price drop. You can capitalize on this by considering a short trade for a small target.
Keep an eye on the cryptocurrency SCA/USD (Scallop) as it strives to break out, with increasing volume. It's an opportunity you won't want to miss!
AXIS BANK has broken the short-term resistance level successfully. A small upmove may be seen from here.
SBI has reached the previous support level, which will now act as a crucial resistance level. It's a good time to enter a short position, or you can wait for further confirmation. Keep a close watch to seize the opportunity.