Breakout & targets 1) Sells Result of electric vehicles in two wheelers, three wheelers and four wheelers are significantly increased.
2) stocks have get benifits from this selles directly or indirectly
3) more impacts electric vehicles sells on similar company that relates to battery's
4) as you know we never recommenda any stocks to buy and sell
5) take own analysis or own dicision to buy or sell
6) my analysis give an idea as mentioned on chart
7) 1st Target 900
8) 2nd targets 1020
9) support zone 700
10) above 780 levels is the good for add more
Anlysis
Symmetrical triangle pattern reversal in Berger Paints Berger Paints India Ltd
Key highlights: 💡⚡
✅On 1 Day Time Frame Stock Showing Reversal of Symmetrical triangle Pattern .
✅ It can give movement upto the Reversal target of above 593+.
✅There have chances of Breakout of resistance level too.
✅ After Breakout of resistance level this stock can gives strong upside rally upto above 637+.
BHARTI AIRTEL -- MONTHLY ANALYSIS --BULLISH BHARTI AIRTEL --Monthly Analysis-chart setup -- Bullish
1. BHARTI AIRTEL as seen on monthly chart having higher top higher bottom formation setup last 2-3 years after resistance breakout above 500 level
2. Current month candle seen taken support at lower bottom of channel following channel around 740-750 sub level and last few session seen good upmove .
3. This is good entry level as per technical around 750-765 for target 780-800-850-880 as seen higher top of upper channel , and stop loss place bellow trendline support bellow previous month support candle at 699
4. stock currently above 200 HMA on monthly chart as well as golden cross of moving avg.
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ..* trade at own risk .!
HAPPY TRADING !!
Ease My trip Breakout triangle Pattern.1). Already give a good breakout but targets are high for -med-long term.
2). Retest around 547 to 559.
3). Its Dec time where people celebrate Christmas / New year and many Indian ideology shows travelling graph is high during DEC.
So this surely affects fundamentals of company like PE ratio / revenue and other metrics in long term.
probably this is reflected in q3/q4 results of Company.
Impact factors :
This is bit riskier due to new corona variant Omicron. As it can affect Hotels / Flight Business of Easemytrip.
Competitors like makemytrip / yatra etc.
Targets are based on pivot levels / Fibonacci / demand and supply zones
you can study as per above method why these targets where chosen also nothing in stocks is perfect so tolerance = (=-5-10Rs)
Same goes for Stop Loss
Targets : 592 / 615 / 658 / 720
SL: 530 / 505 / 483 / 460 (as per one risk appetite)
Disclaimer: we are not SEBI registered, this is only for education purpose so please take advise from your financial advisor, invest at your own risk