The stock has been moving in phases which is the basis of the dow theory , the first phases have been successfully ended and now the bullish phase is underway , the stock has been forming lower lows in the past and is making a rounding bottom pattern which would be followed by higher highs . the fundaamentals of the stock are abolutely paragon moreover the sales...
The stock is forming a cup and handle pattern on daily time frame and the crucial support which was tested recently is intact moreover the stock can rally till the 297 in order to complete the handle . short term positions in the stock can be quite favourable and rewarding TARGET 1 - 297 TARGET 2 - 372
The stock has tested and retested a curcial support zone of 706 and a potential rebound is expected in coming days moreover overall the stock is forming a inverse head and shoulder since october 2021 . the stock has a crucial resistance at the 841 levels and can give breakout from that levels TARGET1 841 TARGET 2 - 1267
The stock has broken out from quite long consolidation post that it has consolidated between the range of 1900 - 1600 the stock has taken a support at 1667 levels moreover it has shown strong signs of reversal a rally till 1967 can be anticpated
The stock has broken 1 year old parallel channel and crucial support of 2125 it is expected to fall till 1873 if the market sentiments remain bearish
Nifty is forming an inverse head and shoulder on the 15 min time frame moreover the overall market sentiments are on the fear side . The market is shifting towards bearish trend furthermore a potential downside til 21587 and than 21146 is possible within upcoming months
the stock can give smooth returns in perspective of swing trade as the financials of the company are in ailing condition the potential upside can be till 344
The stock has consolidated in a very long range from may 21 . 124 is a crucial resistance for it and has touched upon it for the 7th time . also the stock has followed a proper range bound trend earlier which arouses quite optimism about the stock. if the resistance is broken the immediate return could be of 15 % for short term
7 % gain can be achieved soon if 1580 resistance is broken
Sbi life has given a breakout from 1333 level and now is going to retest that support a strong rebound is expected
the stock has formed complex cup with handle pattern and has retested the 114 level the stock can rally to 132 in no time
United spirits has given an impressive complex cup with handle breakout which is very reliable 1166 can be immediate target within next few weeks which is 20% potential .
The stock has been forming a cup and handle pattern on the weekly time frame where the 965 level is acting as a crucial resistance however it can be shattered if the market sentiments favour and after that a prelonged rally , however a major concern for the company is its ailing balance sheet which shows quite concerning factors but for a swing trade it can be bought
PATTERN- an inverse head and shoulder pattern is formed in macrotech developers which was in formation since november 21 and now it has come to it ' s final phase and potential breakout can be given from this level TARGET- The stock can make lifetime high and enter into new terrorities which is the 1084 levels in coming year
The stock has formed an inverse head and shoulder and moreover if we look at a broader picture the stock has formed a cup and handle and inside it and inverse head and shoulder has been formed
the stock has formed a rounding bottom on daily charts and furthermore it has given a breakout from complex cup and handle which shows more reliability and confidence in the stock
The stock had a long consolidation of around 5 years in the formation which increases the reliability of the stock moreover it has completed a cup and handle formation is onging which could be formed by the end of week or so . target for the stock for short term will be 353 and after that 651 however the stock does not have good financials irrespective of being a...
The stock has retested the curcial resistance of 132 levels and is now expected to rebound till the 180 levels