DEVYANI is breaking out of a 1 year large cup and top end on channel with high volume and high RSI
NSE:VEDL Vedanta Limited is an Indian multinational mining company headquartered in Mumbai, India, with its main operations in iron ore, gold and aluminium mines in Goa, Karnataka, Rajasthan and Odisha. VEDL, 1D gave closing above Marabozu candle. The stock also formed triple bottom at 232 level and gave closing above neckline of triple bottom. Entry :...
TATA Consultancy Services Limited is an Indian multinational information technology services and consulting company with its headquarters in Mumbai, Maharashtra. It is a part of the Tata Group and operates in 150 locations across 46 countries. NSE:TCS gave breakout of Bullish harami pattern and breakout of its previous 17 day consolidation. Entry :...
Happy Independence day Guys. Today we are going to understand the technical of Central Bank of India in a very easy to understand language. Here are some important pointers about CBI you should know. 1. Important line : As we see in a Larger timeframe there is a very crucial single support and resistance line. For 11 years that line acted as a very strong...
An On Neck Chart Pattern Breakout happened on the weekly Time frame of NSE:FORCEMOT Price Action is well supported by the volume. The stock is currently in uptrend making higher highs and higher lows. One can add this stock into their stocks to buy list. Initiate the long trade only according to the levels mentioned. Stop loss will be on weekly closing...
I daily make educational content videos for swing / positional trading
#IRCON trading above Resistance of 109 Next Resistance is at 140 Support is at 79 Here are previous charts: Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your...
#GIPCL trading above Resistance of 110 Next Resistance is at 128 Support is at 97 Here is previous chart: Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your...
Chalet hotels has given an inverted head and shoulders breakout. Currently, stock is consolidating above the neckline. A retest of 400-405 levels can give a good indication that the breakout is genuine and one can expect at least 100 points move which is the length of right shoulder. Long term targets can be 250+ points which is the length of the head. SL is deep...
EIHOTEL has beautifully formed an inverted head and shoulder pattern in weekly TF with neckline being an important supply zone of 200-210. The stock has given a weekly closing above this zone and is looking ready for a breakout. It can be added on dips upto 195 with a SL of weekly closing below 184. ATH level of 227 might prove as a minor resistance before a...
As we can see at the chart, the price has made a significant upward movement, breaking out from a pattern called a 'symmetric triangle.' Currently, the price is trading above a specific line when we observe it on a daily basis. There are two ways we can consider entering a trade: 1.If the price comes back to the breakout level (resistance) and stays above it, we...
JSW Energy Weekly Chart Breakout Happening on the Short Term Basis... This Stock created the Resistance Zone around 355.00 to 365.00 level as 1st time it was touched the level April' 2022... It was touched the Resistance Level on 2nd time around September' 2022... And just Lest week it was touched the same Resistance Level on 3rd time.... Its also creating "W"...
Reliance is taking support of trend line. If it sustain above 2585,it will come in bullish mode and next target would be 2929 soon.
Simple ascending triangle pattern. Targer and SL highlighted.
Price Levels: The current price of INDOAMIN is 131.9 INR, with a change of 12.55 INR or 10.5153%1. The trading volume for the last session was 179,6601. stock has showing good strength and you can see the stock has crossed the 200 day, 51 day, other crucial moving average with volume. so it can become good opportunity for investment am expecting the good...
I daily make educational content videos for swing / positional trading
KotakBank consolidating from Dec 2021 to Nov 2022 The range of consolidation is 1625 to 1975, Bank Nifty moved in range of 10000 to 12000 point in last one year. Bank Nifty moved 10000 point since Jun 2022. The move lead by ICICI Bank, Axis Bank, SBI , HDFC Bank and Along with PSU BANK Kotak Bank and Indusind Bank has not moved in rally, So when Index start...
#BHARATWIRE trading above Resistance of 262 Next Resistance is at 417 Support is at 132 Here is previous chart: Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your...