Clear Breakout in ITL INDUSTRIES ... Buy ITL for returns up 2x in long term and 35% in short term .. daily and weekly SIP if you are having insufficient funds......
Shriram City Union is involved in the business activities of Other financial service activities, except insurance and pension funding activities. The Stock broke out a resistance with good volume after a prolonged downtrend and hence indicated a sign of reversal to uptrend. The Stock is very well placed on charts and looks very positive technically. The stock...
In this chart you can see the multiple touches at the top side which has been show by red bars are the resistance where the market get retest multiple times. In this you can see when the market came at the point where trend line has been drawn the candles respect the trend line and return at the down side. Same as the bottom side the green bars shows the rejection...
The Daily chart in Bandhan Bank shows a clear-cut M Top or Double Top pattern. Note that it's a trend reversal pattern. As you can see before the M top it was bullish and After the M top it created a bearish Trend. Let's call the first candle which crosses Neckline as Point B, and the Resistant line as Point A. when the candle finally crosses the neckline after...
Nifty Media has created the bullish head an shoulder pattern on daily chart . And it has formed in the major down trend and also took a strong support on support line. It is a clear indication of reversal of trend but should watch for coming days Bullish Trend will be confirmed after it breaks the 1636-1646 levels i.e. 0.61 fibo level. This is my own analysis...
Csb Bank is involved in the business activities of Monetary intermediation of commercial banks, saving banks. postal savings bank and discount houses. The Stock broke out of Ascending Triangle Pattern with Cup & Handle Inside and that too with good volume. RSI is at perfect levels. There is a perfect MACD crossover as well. All technical indicator is...
Mentioned in charts
Bajaj Finance Showing weakness on which There can be a correction coming out ! Points to analyse- 1. Bajaj Finance have a Double top Which indicates trend reversal or Correction. 2. Major Support / Roundoff Price / Fibonacci Comes at same levels with gives multiple confirmation of strong support ! 3. Also there is a little unfilled gap which can be filled this...
NSE:ASIANPAINT BUY NOW (i,e: 18/05/2021) its a brake out pattern Target of 3109