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Bullishcandlestick

LT FOODS DAILY CHART ANALYSIS AS ON 26.12.2021LT FOODS as per daily chart analysis stock above 79.45 for a target 81.45 level and resistance at 82.45 level. Nifty monthly chart forming indecisive doji , weekly chart forming bullish candle and daily chart forming a bearish candle shows this week may continue to be bearish being year end and monthly expiry in next 5 sessions.Investors may continue to book profits.Avoid fresh long positions. Nifty Support is placed at 16890 / 16837 / 16785 / 16693. Resistance is placed at 17152 / 17214 / 17378.
NSE:LTFOODS
by UnknownUnicorn19608572
GUFIC BIOSCIENCES DAILY CHART ANALYSIS AS ON 26.12.2021GUFIC BIOSCIENCES as per daily chart analysis the stock on 24.12.2021 has broken the consolidation zone. Stock above 224 level for a target 230 level and resistance is at 232 level. Nifty monthly chart forming indecisive doji , weekly chart forming bullish candle and daily chart forming a bearish candle shows this week may continue to be bearish being year end and monthly expiry in next 5 sessions.Investors may continue to book profits.Avoid fresh long positions. Nifty Support is placed at 16890 / 16837 / 16785 / 16693. Resistance is placed at 17152 / 17214 / 17378.
NSE:GUFICBIO
by UnknownUnicorn19608572
SHARDA CROPCHEM DAILY CHART ANALYSIS AS ON 26.12.2021SHARDA CROPCHEM as per daily chart analysis is in brief consolidation zone and on 24.12.2021 it had tried to break consolidation. Stock above 345 level for a target 355 level and resistance at 359 level. Nifty monthly chart forming indecisive doji , weekly chart forming bullish candle and daily chart forming a bearish candle shows this week may continue to be bearish being year end and monthly expiry in next 5 sessions.Investors may continue to book profits.Avoid fresh long positions. Nifty Support is placed at 16890 / 16837 / 16785 / 16693. Resistance is placed at 17152 / 17214 / 17378.
NSE:SHARDACROP
by UnknownUnicorn19608572
ISGEC HEAVY ENGINEERING DAILY CHART ANALYSIS AS ON 26.12.2021ISGEC HEAVY ENGINEERING as per daily chart analysis after a brief consolidation the stock has broken consolidation and also the resistance 641 level. Stock above 660 level for a target 680 level and resistance is at 709 level. Nifty monthly chart forming indecisive doji , weekly chart forming bullish candle and daily chart forming a bearish candle shows this week may continue to be bearish being year end and monthly expiry in next 5 sessions.Investors may continue to book profits.Avoid fresh long positions. Nifty Support is placed at 16890 / 16837 / 16785 / 16693. Resistance is placed at 17152 / 17214 / 17378.
NSE:ISGEC
by UnknownUnicorn19608572
FIRST SOURCE SOLUTION DAILY CHART ANALYSIS AS ON 26.12.2021posted on 23.12.2021 FIRST SOURCE SOLUTION above 180 level and on 24.12.2021 the stock broke the resistance level 178 and closed at 183 for a target 190 level. Nifty monthly chart forming indecisive doji, weekly chart forming bullish candle and daily chart forming a bearish candle shows this week may continue to be bearish being year end and monthly expiry in next 5 sessions.Investors may continue to book profits.Avoid fresh long positions. Nifty Support is placed at 16890 / 16837 / 16785 / 16693. Resistance is placed at 17152 / 17214 / 17378.
NSE:FSL
by UnknownUnicorn19608572
EVEREST INDUSTRIES DAILY CHART ANALYSIS AS ON 26.12.2021EVEREST INDUSTRIES as per daily chart analysis the stock was in consolidation zone and 24.12.2021 it has broken the consolidation zone and stock above 480 for a target 490 level. Resistance is at 500. Nifty monthly chart forming indecisive doji, weekly chart forming bullish candle and daily chart forming a bearish candle shows this week may continue to be bearish being year end and monthly expiry in next 5 sessions.Investors may continue to book profits.Avoid fresh long positions. Nifty Support is placed at 16890 / 16837 / 16785 / 16693. Resistance is placed at 17152 / 17214 / 17378.
NSE:EVERESTIND
by UnknownUnicorn19608572
HAVELLS WEEKLY CHART ANALYSISHavells had a W-pattern break near March 2020 lows. The W and M patterns are very commonly seen on the candlestick charts. W patterns are bullish in character and are generally seen at the bottom of a downtrend, whereas M patterns are bearish and are seen at the top of a rally. The stock made new highs in Nov 2020 followed by strong follow up bullish candles which can be observed till mid-Jan 2021. Thereafter, the stock went into consolidation for about 6 months but the downside was limited. The consolidation is a phase in which a stock gyrates in a range for some time. If the stock forms deeper lower-lows and lower-highs, it is called a correction. But in case of Havells, the lows were not deeper enough to call it a correction. The consolidation ended up as a falling wedge pattern (which is considered bullish in character) and then broke out of this pattern in July 2021. The stock had a very strong breakout above the previous high at the end of August but it ended up as an exhaustion. Exhaustions can be observed as very wide candles at or near the top of a rally. It signifies that the buyers are exhausted and the stock may face a sluggish rally or consolidation or correction in the coming weeks or days. The October sharp fall is an evidence of the exhaustion in the August. But this sell off stopped right near the prior important support/resistance zone (1200) and there was no follow up on the downside thereafter. The stock tested the 1200 zone recently in December and has been trying to hold. It seems like a range bound action between 1200 to 1500 can be seen in the coming days/weeks (support near 1200 and resistance near 1500). A strong break on either side (below 1200 for downside and above 1500 for upside) will lead to a decisive move. I hope this analysis will help some traders/investors in decision making. Regards #Consult your financial advisor before final decision making.
NSE:HAVELLS
by Bravetotrade
ASIAN PAINTS ON ITS MAJOR SUPPORT LINE Asian paints is in its major support line and has formed a doji candle on the line. If we see a good green candle this can be a good sign of reversal. This will be a good risk:reward trade with minimum risk and maximum reward. If stock breaks the support line ,don't enter it. If stock bounces from here , this will be a good entry. Look for bullish candlestick reversal patterns for best confirmation. This analysis was done by me only for educational purpose. Feel free to share your views/feedbacks.
NSE:ASIANPAINTLong
by headymuk
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