Trendxinc

Trendxinc

Good Morning Everyone! 31st Oct. 2024, Thursday Many are thinking the market trend is bearish. No, it's definitely down, but not entirely bearish just yet. So be cautious about shorting after 1 pm today. Until then, expect a downmove toward the support at 24,224. However, based on the MACD chart, we may see a rise to the resistance levels at...

Trendxinc

The way I see the chart nowadays, NSE:NIFTY will touch 24465 on momentum and then might come down for a time being and then try to attempt achieve 24728 and will close in Green. The downside support is now at 24350 So basically it is now the game between 24400 and 24500 as per the OI data reading. As per the Open Interest data, FII sold both, CE and PE....

Trendxinc

NSE:KEC - After a past good run breaking out of the rounding bottom pattern the stock has formed a base near key MAs - Volume has also dried up making it a VCP candidate - Trendline was broke today on a doji candle and sustained as well Let's watch for few days and learn. Buy @ 1035 SL - 990 Target - 1204

Trendxinc

Good morning everyone 4th October 2024, Friday I can understand that many of you are feeling a bit nervous about the market's behavior. Happens. It's completely normal to panic if you trade without proper training. But believe me, it was pending and we all knew it. The war between Iran and Israel and political tension in the USA due to the presidential election...

Trendxinc

Good morning everyone! 1st October 2024, Tuesday The long-awaited correction has arrived, but the "buy on the dip" isn't clearly visible yet. So, what should one do? Here's an analogy: whether it's traffic or trading, you shouldn't be the first person to cross when the light turns green. Let one or two others go first, then proceed. Similarly, wait for...

Trendxinc

- The price has broken out from a consolidation phase and formed a bullish candle, indicating a strong upward momentum. - The stock price has achieved a gain of approximately 9.23%, closing at 337.75. - The breakout level was around 297.85, which now acts as a support level. - The next resistance level to watch is around 463.80. - Volume has increased...

Trendxinc

The stock has a strong resistance at ₹1461.30. Key support levels are at ₹1307.70 and ₹1288.08. - The stock price has broken out from the resistance level of ₹1307.70 and is currently trading at ₹1332.00. - There has been a significant increase in trading volume, indicating strong buying interest. - The stock is trading above its 20-day and 50-day moving...

Trendxinc

One of my favourite bullish patterns - Hidden Bullish Divergence 📈 I am studying Trent for August Futures series if it holds the support for this whole week Final stoploss would be - 5100 WCLB Price Movement: Trent Ltd. has shown a positive movement with the stock closing at 5,263.80, up by 53.60 (+1.03%) from its previous close. The stock reached a high of...

Trendxinc

What's #Nifty telling about market direction? 1. See the green line? That's the trendline on daily chart. So Nifty managed to close above that line. What does it mean? Simple - Trend is still up. 2. Support at 24367 and resistance at 24602. If we crosd and close above the resistance level on 1 hour chart then we can see a good short covering. Short covering...

Trendxinc

Dr. Lal PathLabs Ltd. has shown significant price movement. Recent Performance: The stock increased by 2.51%. Support and Resistance Levels: - Support: ₹2898.10 - Resistance: ₹3217.60 Moving Averages: - 14 EMA: ₹2972.40 - 7 EMA: ₹2991.96 Key Financial Metrics: - PE Ratio: 53.20 - EPS: ₹57.67 - Market Cap: ₹25,130 Crores - Recent Earnings: FY 2023-2024 revenue...

Trendxinc

CMS Info Systems Ltd. has shown significant price movement. Recent Performance: The stock increased by 3.18%. Support and Resistance Levels: - Support: ₹502.90 - Resistance: ₹565.25 Moving Averages: - 10 EMA: ₹526.12 Key Financial Metrics: - PE Ratio: 21.75 - EPS: ₹24.74 - Market Cap: ₹8,750 Crores - Recent Earnings: FY 2023-2024 revenue ₹3,250 Crores, with...

Trendxinc

Orient Cement Ltd. has shown significant price movement. Recent Performance: The stock increased by 2.76%. Support and Resistance Levels: - Support: ₹292.90 - Resistance: ₹368.60 Moving Averages: - 10 EMA: ₹319.06 Key Financial Metrics: - PE Ratio: 22.56 - EPS: ₹14.81 - Market Cap: ₹6,250 Crores - Recent Earnings: FY 2023-2024 revenue ₹2,745 Crores, with PAT...