zenni_10

zenni_10

On the daily chart, the stock had formed an inverse head and shoulders, and has been rising since then. (blue neckline marked on chart). The level of 2629 has been a temporary resistance after that (yellow horizontal line). Currently the stock broke through this resistance. There is a rising volume and atr on and after breakout Thus, there is a short term...

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The stock is in an uptrend The overall volume indicates bullish momentum There is a breakout visible from a small triangular pattern formation, The breakout candle is good having negligible wicks, coupled with higher than average volume and atr Thus there is a short term trade tgt = 427 , sl = 379

zenni_10 Updated 

The stock is in an uptrend A breakout is visible , after forming a small rising wedge Higher volume, and rise in atr is seen on the breakout candle Thus, there is a short term trade tgt 10812 , sl 10115

zenni_10 Updated 

Stock is in a continuous uptrend Overall volume shows a bullish momentum Currently there is a breakout after a small consolidation Vol and atr shows a spike on breakout Thus there is a short term trade tgt 1004 ,sl 946

zenni_10 Updated 

On the daily chart , the level of 1240 is an important support, (purple horizontal line). On smaller time frame, price has reversed from this level , after a small one month consolidation. The breakout candle following the consolidation is also supported by a good volume and steep rise in atr. Thus, there is a short term trade tgt 1348, sl 1270.

zenni_10 Updated 

Price has formed a bottom at 580, and a V shaped recovery is seen. The level of 661 has been tested multiple times , in the last month A small head and shoulder pattern is also formed with 661 as neckline Now there is a breakout through this level High vol on breakout candle is visible Also, atr can be seen rising on and after breakout Thus, there is a short term...

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On a 4 hrly chart, Resistance area around 134 has been broken The breakout candle has a high volume and negligible wicks A small cup and handle pattern has been formed taking the 134 level as neckline Also there is a visible rise in atr on and after breakout For a Short Term Trade , tgt = 148, sl = 130

zenni_10 Updated 

The light blue rising support line has been respected by the stock multiple times, Taking the level as support, it has formed a small Double Bottom Pattern, The slow rise in volume after the bounce from support, and during the bullish leg provides confirmation. For a short term trade, tgt is 1203 and sl is 1098.

zenni_10 Updated 

After breaking through the support of 456 .8 (white horizontal line) on 15 may, price tested and maintained this support, thus sustaining an overall bullish trend on daily chart. After that a rising trend line has been formed (yellow line) In this period a rough rising inverted H&S pattern is also visible, neckline being the same trend line. Now this trend line...

zenni_10 Updated 

Inverted Head and Shoulders Pattern has been formed The volume on breakout candle is high, and also through the breakout there is an increase in average volume Higher ATR is visible, on and after the breakout For Short Term Trade , tgt is 265, sl is 237

zenni_10 Updated 

On daily chart, there is a breakout visible. The overall volume shows that there is a lot of bullish strength. Also on breakout, there is high volume, and high ATR. Tgt 3675 sl 3144

zenni_10 Updated 

There has been rectangle pattern formation The breakout candle is good with negligible wicks and supported with higher volume For Short Term Trade tgt 950 and sl 885

zenni_10 Updated 

Head and Shoulder Pattern is visible in UPL (neckline marked as yellow line) On higher time frame, the level of 577.6 is an important support level and demand zone (pink horizontal line) Price bounced back from this level while forming H&S The breakout candle is supported by high volume Sl and Tgt are marked on chart Tgt can be increased further depending on...

zenni_10 Updated 

The level around 279 is an important support zone Price was not able to break 305 level, and tested it thrice in the last month Now, it has broken through this level and is showing good momentum and volume currently Thus, there is a short term trade Tgt and sl are marked on chart

zenni_10 Updated 

On daily chart, price has found support at 100day SMA, at level around 2868 (purple horizontal line) Also, this level coincides with 38.2% retracement, of the four month rally (apr-july). Thus, this level of 2868 can be considered as a good support Taking this level as support, it has formed a rectangular pattern and now breakout has occured. There is support of...

zenni_10 Updated 

On higher time frame (4 hrly chart), the stock is trading in a rising parallel channel (marked as purple lines) Accordingly, price found support at the levels around 1506 (demand zone) On sept 1, Price reversed from that level, the rise from there is accompanied with rise in volume, and bullish candles, and rise in ATR Keep SL below the rising purple...

zenni_10 Updated 

On 2 hourly chart there is inverse head and shoulder formation neckline is marked as yellow line The volume during the formation is low, and ATR was also steadily falling Price found support on the rising trend line (blue line) on 25-80-23 and after that bullish strength started to increase gradually, (increasing volume and ATR) On the breakout candle , the vol...

zenni_10 Updated 

On 4 hrly chart, the level of 1909 had been a support zone in the last two months, There is a breakdown with good volume and a strong breakdown candle . Tgt and sl are marked on chart