Rattanpower has given monthly breakout from a strong resistance zone of 16-18. Stock is very risky and operators favourite. However, volumes are at all time high and there are few rumours around it that Adani power is going to acquire the company which might be fueling this rally. If you are a high risk momentum trader , you should be interested in this...
NiftyIT sector is looking very weak as we have seen a breakdown of support. BSoft is one smallcap IT stock which has big potential to grow in future. Currently, stock is retesting its previous ATH and once stock goes above 650, a good swing trade can be initiated only if NiftyIT turns bullish. If we see a fall in this stock and you are a long term investor, best...
#ASTRAMICRO trading above Resistance of 802 Next Resistance is at 1006 Support is at 626 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and...
#THERMAX trading above Resistance of 5218 Next Resistance is at 6256 Support is at 4367 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and...
Symphony is a good positional trade as it has given monthly reversal breakout However, stock has not shown growth in previous few quarters which can lead to slow rally. Q1 is always fruitful for AC-Fridge manufacturers. Lets wait and watch how this stock goes.
DBRealty had given a multiyear monthly breakout and had given around 50% move already. However, stock is now retesting the breakout and might come down in range of 150-180. Safe traders can wait for a reversal pattern like morning star or bullish harami in this zone. Such a monthly breakout had happened in Purvankara which doubled in 3 months As realty sector is...
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before...
#THERMAX trading above Resistance of 3916 Next Resistance is at 5218 Support is at 3428 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational...
Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 48550 level then possible upside rally of 400-500 points upto 48950 level & this rally can extend another 400 points if market gives breakout 49050 level in todays session. Any Major downside only expected in case banknifty starts trading below 48450 level. also possible reversal...
infosys box breakout only above 1462 above closing will lead to 1528-1544 short term trade dc: only for educational purpose
bataindia falling wedge breakout done can look for tp of 1447-1451
Heritage food has given good move, around 100% returns in past 12 months. Currently, stock is consolidating and can give good move once breakout of flag is done. FMCG sector is looking strong and it can support the breakout in this stock. Do keep in watchlist.
KNRConstruction is an undervalued infra theme stock which is looking strong on chart. It has given a flag breakout and above its ATH, it has potential to fly. Q4 results of stock are amazing and it can fuel the rally. Keep in watchlist. Not a recommendation
#HAL trading above Resistance of 4783 Next Resistance is at 5728 Support is at 4020 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational...
BATA INDIA LTD Key highlights: 💡⚡ ✅On 1 Day Time Frame Stock Showing Breakout of Falling Wedge Pattern. ✅Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 1445+. ✅Can Go Long in this Stock by placing a stop loss below 1315-.
MGL is a PSU stock in gas distribution. Stock had given good move after multiyear ATH breakout and is currently retesting the breakout. A safe stock for long term investors available at reasonable valuations.(Not a recommendation) The only risk with gas distribution stocks are margins are dependant on crude oil prices.
CANFINHOMES LTD Key highlights: 💡⚡ ✅On 1 HOUR Time Frame Stock Showing Breakdown of Symmetrical triangle Pattern . ✅Strong bearish Candlestick Form on this timeframe. ✅It can give movement up to the Breakdown target of 680-. ✅Can Go short in this stock by placing a stop loss above 755+.
THE BOWL PATTERN. Clean and simple, this sleeper pattern takes off once the stock breaks out. For the 2005 winners, the breakouts occurred on 52-week highs of the stocks' prices. In his book Encyclopedia Of Chart Patterns, Thomas Bulkowski tested and rated the various patterns, and the rounded, or bowl, pattern was the second most likely to rise, with a 54%...