UltraTech Cement is knocking on a key daily resistance.
A clean breakout from here could open the door for the next leg up. Let's see if the bulls can make it happen.
#UltraTechCement#Stocks#NSE#Breakout
The automobile sector remains strong, with sustained buying momentum across major auto stocks supporting Hero MotoCorp's bullish weekly breakout.
Disclaimer: Hero MotoCorp has already been recommended by us. This chart is shared solely for educational and illustrative purposes and should not be construed as a fresh buy/sell recommendation.
#HeroMotoCorp #PriceAction #BreakoutTrading #TechnicalAnalysis #SwingTrade #StockMarket #AutoSector #TradingSetup
Eicher Motors is trading near a key resistance ahead of its quarterly results. Will earnings trigger the next breakout?
Note: We had already shared this stock around βΉ7,600 earlier. This post is only an update for educational purposes, not a fresh recommendation.
#EicherMotors #Results #StockMarket #TechnicalAnalysis
Our Infosys chart is now trading near βΉ1,200. π
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Let's see who spots the pattern first. π
The automobile sector remains strong, with sustained buying momentum across major auto stocks supporting Hero MotoCorp's bullish weekly breakout.
Disclaimer: Hero MotoCorp has already been recommended by us. This chart is shared solely for educational and illustrative purposes and should not be construed as a fresh buy/sell recommendation.
#HeroMotoCorp #PriceAction #BreakoutTrading #TechnicalAnalysis #SwingTrade #StockMarket #AutoSector #TradingSetup
π¨ Watchlist Alert
#UnitedSpirits
After months of consolidation, the stock is testing a major trendline resistance.
Weekly breakout above 1,540 could open the door for a fresh uptrend.
Worth keeping on your radar.
#UnitedSpirits#Breakout#IndianStockMarket
β‘ NIFTY AT KEY LEVELS
πΉ Above 24,041 β Bullish Momentum π
(Sustain for a few minutes for confirmation)
πΉ Below 23,961 β Bearish Momentum π
(Sustain for a few minutes for confirmation)
π OI Data:
πΈ 24,000 CE β 3.52 Cr
πΈ 24,000 PE β 4.52 Cr
π Expected Expiry Range: 23,980 - 24,020
β οΈ Nifty is trading near a crucial breakout zone. Wait for a sustained move above 24,041 for bullish momentum or below 23,961 for bearish momentum. Avoid taking fresh trades inside the range and enter only after a confirmed breakout or breakdown. ππ
The automobile sector remains strong, with sustained buying momentum across major auto stocks supporting Hero MotoCorp's bullish weekly breakout.
Disclaimer: Hero MotoCorp has already been recommended by us. This chart is shared solely for educational and illustrative purposes and should not be construed as a fresh buy/sell recommendation.
#HeroMotoCorp #PriceAction #BreakoutTrading #TechnicalAnalysis #SwingTrade #StockMarket #AutoSector #TradingSetup
ANANTRAJ | Weekly Technical View π
A Descending Triangle breakout is underway on the weekly chart.
A sustained move above βΉ600 could trigger strong upside momentum.
β You can add this stock to your watchlist and keep an eye on the βΉ600 level.
#ANANTRAJ#StockMarket #TechnicalAnalysis #NSE #SwingTrading #TradingView #StocksToWatch
π NIFTY HEALTHCARE INDEX
Healthcare Index is currently trading near a key resistance zone. If it manages to sustain above this level, we could see a fresh breakout, which may lead to further upside in the coming sessions.
Why can a breakout happen?
β Strong buying interest in pharma and healthcare stocks.
β The sector is making higher highs and higher lows, showing a positive trend.
β Positive quarterly results and steady investor interest are supporting the sector.
π Keep this sector on your watchlist. A sustained move above resistance could open the door for fresh opportunities.
β‘ NIFTY AT KEY LEVELS
πΉ Above 24,219 β Bullish Momentum π (Sustain for a few minutes for confirmation)
πΉ Below 23,989 β Bearish Momentum π (Sustain for a few minutes for confirmation)
π OI Data:
πΈ 24,200 CE β 2.89 Cr
πΈ 24,000 PE β 4.51 Cr
π Expected Expiry Range: 24,089 β 24,119
β οΈ Nifty is trading near a crucial breakout zone. Wait for a sustained move above 24,219 for bullish momentum or below 23,989 for bearish momentum. Avoid taking fresh trades inside the range and enter only after a confirmed breakout or breakdown. ππ
NIFTY REALTY has given a strong breakout on the weekly chart. π
The sector is showing positive momentum and could see further upside if the breakout sustains.
Our previously shared Godrej Properties trade has delivered an approx. βΉ8,000 profit per lot.
ANANTRAJ | Weekly Technical View π
A Descending Triangle breakout is underway on the weekly chart.
A sustained move above βΉ600 could trigger strong upside momentum.
β You can add this stock to your watchlist and keep an eye on the βΉ600 level.
#ANANTRAJ#StockMarket #TechnicalAnalysis #NSE #SwingTrading #TradingView #StocksToWatch