In the Weekly Chart of PROV , we can see that; it is under Triangle. We might see a W shape recovery. Above 1000 it will be bullish. Expected momentums are shown in chart.
Gujarat Mineral Development Corporation Ltd. is an interesting chart with following 1. RSI on all time frames above 60 2. Narrowing Bollinger Bands on weekly chart 3. Price gain with Green Marubozu candle with high volume on daily chart 4. both SRS and ARS above zero 5. Close crossing last week's and last month's high Attractive RIsk reward with major...
Buy SANDUMA above 595 Target of 644, 694, 743, 792, 891 Accumulation : 534, 484, 435, 385 SL 336 Strategy : SBO + RSI > 60 + EMA above 20 & 50 Duration few weeks Please consult your financial advisor before investing All research for educational purposes only.
NSE:TEGA ✅ #TEGA trading above Resistance of 1525 ✅ Next Resistance is at 1748 Related charts: Charts are 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....
Larsen & Toubro Ltd. seems to be an interesting bearish chart with following 1. Inverse Head and Shoulder kind pattern on daily chart 2. RSI on daily crossed below 40 3. Price Crossed below 20 SMA on Weekly chart 4. Negative RSI divergence on weekly chart with price making new highs and RSI making lower highs 5. Can be a good risk reward for short with...
For education purpose only. BIOCON has previously broken the formation of the Cup & Handle pattern successfully. It is now retesting the recent previous high. That acts as support.
Previously those who have missed chance to enter the stock on breakout of Rs92 have chance to enter. Here we can plan of gain upto 30%. Entry can be made on crossing of Rs 158 or else can wait till Rs 145 and form bullish pattern of the level . Company's fixed asset(land & building) are increasing continously which is a good factor. Disclamer: This is my...
A good Cup & Handle breakout along with good volumes. A breakout above 260 will open doors for 400 and 525 levels. Stop Loss @ 208 Along with Cup and Handle its also created double bottom !
Piramal Pharma Ltd #PPL CMP: 151 SL: 114 (WCB) Targets: 175/ 196 / 230
There bearish indication on charts on weekly and daily charts but on shorter time frame 15-30 mins its creating bullish pattern, pattern still needs a breakout out. looks at these structure it looks we will have volatility seen over the week. Key things to note any close above 22800 level we would see a strong up move in nifty till 23400. any close below 22350...
Buy Navin Fluorine above 3467.8 Target of 4125, 4532-4861 SL 3138 Strategy : SBO + RSI > 60 + EMA above 20 & 50 Duration few weeks Please consult your financial advisor before investing All research for educational purposes only.
#ASHOKLEY trading above Resistance of 191 Next Resistance is at 250 Support is at 151 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....
Date : 27-02-2024 Buy IEX above 147.50 Target of 148-150-152-153 SL 74 Strategy : Intraday levels + Symmetrical Triangle Duration Intraday Please consult your financial advisor before investing All research for educational purposes only.
Ascending Triangle Breakout Setup RSI above 65 and rising Trading above EMA50 Volume spurt Enter after breakout confirmation Disc: for study, not a recommendation
#POWERGRID trading above Resistance of 296 Next Resistance is at 384 Support is at 208 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....
Date 05.05.2024 Bank nifty day chart, I have plotted and extended internal resistance trendline which is creating ascending broadening wedge pattern & that pattern is getting created during elections. This pattern suggests huge volatility in coming times, neckline is important base for two patterns ascending triangle as well as ascending broadening wedge...
Nifty opens record high which is 22794 level, but didn’t sustain the upper level and nifty fall almost 250 points which is 22348 level almost 1%. From lower end nifty was trying to recover and give closing at 22475 level with -172 points (-0.76%). Nifty has formed Bearish Engulfing candle on daily chart which indicates more bearishness into the market. Candle...
For education purposes only. Breakout happens with the good upside move. This can fall to the mentioned level and can be bought at the mentioned level for the target of 7250.