Ganesh Housing Corporation - Breakout Setup, Move is ON...#GANESHHOUC trading above Resistance of 1282
Next Resistance is at 1764
Support is at 864
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 purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Breakout!
ICICIBANK LOOKING GOOD TO SOAR HIGHICICIBANK is currently trading at 1328.75, showcasing a strong breakout and successful retest at a critical level, where the previous resistance has now turned into support. The stock has consistently performed exceptionally well since its inception, supported by great fundamentals and a solid technical setup. With this bullish momentum, a significant rally could be on the horizon in the coming weeks. The levels and targets for both short-term and long-term trades are clearly defined and promising.
P.S. The long-term outlook extends until the end of next year.
Indian Hotels - Breakout Setup, Move is ON...#INDHOTEL trading above Resistance of 824
Next Resistance is at 1037
Support is at 651
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 purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Breakout in Texmaco Infrastructure & Holdings Limited...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 taking any trade.
Transport Corporation of India (TCI) - Long Setup, Move is ON...#TCI trading above Resistance of 787
Next Resistance is at 1198
Support is at 724
Here is previous chart:
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 taking any trade.
Breakout in AGI Greenpac Ltd...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 taking any trade.
Dixon Technologies - Breakout Setup, Move is ON...#DIXON trading above Resistance of 9909
Next Resistance is at 15840
Support is at 5782
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 purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Goldiam International Ltd - Breakout Setup, Move is ON...#GOLDIAM trading above Resistance of 299
Next Resistance is at 395
Support is at 203
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 purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
KEC International- Breakout Setup, Move is ON...#KEC trading above Resistance of 911
Next Resistance is at 1198
Support is at 622
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 purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Ganesh Housing Corporation - Breakout Setup, Move is ON...#GANESHHOUC trading above Resistance of 963
Next Resistance is at 1282
Support is at 686
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 purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Indian Hotels - Breakout Setup, Move is ON...#INDHOTEL trading above Resistance of 651
Next Resistance is at 824
Support is at 509
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 purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
ASALCBR - 3 Months Consolidation Breakout - All Time HighAssociated Alcohols & Breweries Ltd
1) Time Frame - Daily.
2) The Stock has been in a Consolidation since (September, 2024). Now, It has given a Consolidation breakout & Closed at it's Life Time High with good volume & good bullish momentum candle in Daily Time Frame.
3) The stock may find it's next resistance around the price (1200 - 7.80% from the current price 1112.95).
4) Recommendation - Strong Buy.
MCX - 2 Months Consolidation Breakout - All Time HighMulti Commodity Exchange of India Ltd
1) Time Frame - Daily.
2) The Stock has been in a Consolidation since (October, 2024). Now, It has given a Consolidation breakout & Closed at it's Life Time High with good volume & good bullish momentum candle in Daily Time Frame.
3) The stock may find it's next resistance around the price (7900 - 14.15% from the current price 6920) .
4) Recommendation - Strong Buy .
Will Paytm rise to the past glory?After hitting a rock bottom the stock started reversing and is in an uptrend ever since. Watch for long opportunities.
This is a medium-term long-term bet. SL is very deep. So do not bet big, can try pyramiding in this counter trailing your SL.
🟢In an uptrend after hitting rock bottom.
🟢Broke a potential barrier.
🟢Trading above key DMAs
🔴Uncertanity in fundamentals.
🔴Bearish sentiments in the market.
POWERGRID may fall due to double top formationDOUBLE TOP FORMATION :
powergrid has formed a perfect double top pattern on weekly timeframe and seemed to be positioned for further fall.
Although it had shooted up suddenly 2 weeks back due to the uncertainty which bubbled up surrounding maharashtra election which affected whole stock market. But after the release of the election results it has started going down again
BEARISH DIVERGENCE :
Apartfrom double top it has also formed strong bearish divergence pattern on the chart with 2 divergent peaks having formed on 4th mar & 29th july respectively indicating strong bearish momentum for powergrid
BEARISH MACD :
macd indicator has also become extremely bearish with macd line hovering below signal line by large margin indicating bearish potential
PROFIT TARGET :
The stock will fall till 299 level which is 22 points away from the current level
Breakout Blitz: 3 Stocks to Supercharge Your Portfolio◉ Affle (India) NSE:AFFLE
● In the midst of an upward trend, the stock previously formed a Rounding Bottom pattern, and after a breakout, the price experienced a significant surge.
● However, around the 1,715 level, the stock encountered substantial resistance, leading to a decline followed by a period of consolidation.
● Recently, another Rounding Bottom pattern has been developed, and with a recent breakthrough, the stock is now trading at an all-time high, with expectations for continued growth.
◉ KFin Technologies NSE:KFINTECH
● The stock price is evidently trending upward, characterized by a succession of higher highs and higher lows.
● After effectively breaking out of the Rounding Bottom pattern, the stock saw a significant increase, approaching its previous all-time high around the 1,190 level.
● However, it encountered substantial resistance at that point, leading to a pullback and a subsequent consolidation phase.
● Now, following a recent breakout, the stock has positioned itself above the breakout zone and is ready for a potential upward rally.
◉ EID Parry NSE:EIDPARRY
● After a period of consolidation, the stock price has developed an Inverted Head & Shoulders pattern.
● Following the breakout, the price initially climbed sharply but soon entered a significant consolidation phase, resulting in the formation of a Broadening pattern.
● Currently, the stock has achieved a breakthrough and is set to enjoy additional gains.