Posts

Showing posts from November, 2022

Swing Trading Stocks

Image
  Stock Name:  Punjab Natl Bank Time Frame: Daily Chart Analysis: Stock Name:  Bank of India Time Frame: Weekly Chart Analysis: Stock Name:  Central Bk Time Frame: Daily Chart Analysis: Stock Name:  Bank of Maharashtra Time Frame: Weekly Chart Analysis: Reason for Sharing This Stock Analysis: The reason behind sharing this PSU Bank stocks for swing trading is that Nifty PSU Bank has given a strong breakout on weekly time frame. So, in upcoming trading sections we can see a good upside potential in PSU Bank Stocks. You may add this stock to your watchlist to understand further price action. Disclaimer: This analysis is purely for educational purpose and does not contain any recommendation. Please consult your financial advisor before taking any financial decision.

Zomato | Cup and Handle Pattern Breakout

Image
  Zomato | Cup and Handle Pattern Breakout Stock Name:  Zomato Pattern:  Cup and Handle Pattern Breakout Time Frame:  Daily Observation: The stock has almost fell 65% from their 52-week high. The stock has now formed a base and has taken support and formed Cup and Handle Pattern on daily time frame. The stock has already given a strong breakout of the pattern with good volume build up, we can except the stock to pick-up good upside momentum till the level of 90. You may add this stock to your watchlist to understand further price action. Disclaimer: This analysis is purely for educational purpose and does not contain any recommendation. Please consult your financial advisor before taking any financial decision.  

Archean Chemical IPO Review

Image
  About Company: Archean Chemical Industries Limited is India's largest exporter of bromine and industrial salt in Fiscal 2021. The company is the leading speciality marine   chemical manufacturer in India and is focused on producing and exporting bromine, industrial salt, and sulphate of potash   to customers around the world. Archean Chemical Industries markets the products to 18 global customers in 13 countries and to 24 domestic customers. The company was the largest exporter of industrial salt in India with exports of 2.7 million MT in Fiscal 2021. Archean Chemical Industries Limited are the largest exporter of Bromine from India. The company is the only manufacturer of sulphate potash in India. The company's marine chemicals business is predominately conducted on a business-to-business basis both in India and internationally. The company has an integrated production facility for the bromine, industrial salt, and sulphate of potash operations, located at Hajipir,

Documents Required for Opening Demat Account

Image
  To open a demat account you will need to submit the following documents 1. Pan Card 2. One Passport size photo 3. A copy of your signature on white paper (The signature should match the one on your pan card) 4. Proof of Identity – Your Aadhar card or Pan card will serve as the proof of identity 5. Proof of address – Any one of this document can be submitted – Aadhar Card, Passport or Driving License 6. Copy of account passbook 7. 3 months salary slip or 6 months bank account statement only if you are interested in Future and Options trading 

Aster DM Healthcare | Bullish Rectangle Pattern Breakout

Image
  Aster DM | Bullish Rectangle Pattern Breakout Stock Name:  Aster DM Healthcare Pattern:  Bullish Rectangle Pattern Breakout Time Frame:  Daily Observation: After giving the strong breakout of symmetrical Triangle Pattern on 14 July 2022 the stock gave a huge rally of 22% and the stock faced resistance from its ATM level. Then the stock went into consolidation phase and now the stock has formed Bullish Rectangle Pattern on Daily Timeframe. Also, stock has given a breakout of its rectangle pattern on 02 November 2022 with good volume spike. So, in upcoming trading sections we might see a strong upside move in a stock. You may add this to your watchlist to understand further price action. Disclaimer: This analysis is purely for educational purpose and does not contain any recommendation. Please consult your financial advisor before taking any financial decision.