Havells is consolidating after making 52W high in Jan. It has bounces back from short term support. Maybe Q1 numbers will also affect it in any side. Keep in mind. Bullish momentum may be seen after breakout. Post just because I like to share my analysis. This post is for information purpose only.
1) Price consolidating for more than a month 2) Two recent pullback with 2nd pullback with higher low indicating stocks is in strong up move Watch for upside breakout after consolidation (accumulation phase at top). If it breaks down (distribution phase) then wait for price to retrace back to any of the previous pullback level and then reversal.
1) Price approaching multipoint support 2) Price approaching 200DMA 3) High volume on 26Apr2021 with no major follow up 4) High volume low and 200DMA price level is almost same. So possibility of high volume area test along with 200DMA support test 5) Quarterly results on 19July2021 Keep this on your radar. Can be a possible candidate for short term positional...
1. At 6 year resistance breakout 2. Price moving in tight range which can result in a good impulsive move 3. Average volume during consolidation 4. Target around 10%
👑 Terms used if you don't know : ✣ Contraction pattern: A pattern starting with a broadening high candlestick and low candlestick and converging to a fixed point, these highs and lows created in between them are bulls vs bears fight going on inside the pattern and if it comes to the lower part of it, surely bulls will take it to the topmost point and vice-versa...
👑 Terms used if you don't know : ✣ Contraction pattern: A pattern starting with a broadening high candlestick and low candlestick and converging to a fixed point, these highs and lows created in between them are bulls vs bears fight going on inside the pattern and if it comes to the lower part of it, surely bulls will take it to the topmost point and vice-versa...
👑 Terms used if you don't know : ✣ Contraction pattern: A pattern starting with a broadening high candlestick and low candlestick and converging to a fixed point, these highs and lows created in between them are bulls vs bears fight going on inside the pattern and if it comes to the lower part of it, surely bulls will take it to the topmost point and vice-versa...
👑 Drop a follow here: @Averoy_Apoorv_Analysis 👑 ----------------------- 🔥🔥 Target: 2000 Followers 🔥🔥 👑 ITs a very good analysis video as I will try to trade this in realtime with you guys of course risk is diff for diff people but trading quality matters, not quantity :) Good luck keep it in your watch now ⌛ Motivational and psychological area ⌛ ✣Trade only...
👑 Drop a follow here: @Averoy_Apoorv_Analysis 👑 ----------------------- 🔥🔥 Target: 2000 Followers 🔥🔥 👑 Strategy : - Parallel channel - Higher lows inside the channel - respecting a good trendline supportive one inside the parallel channel - good breakout with good candle and volume too - gap not sustained and then accumulated there and now a breakout = good...
NSE:JINDALPOLY Levels mentioned in Chart. Note: Not a SEBI Registered analyst. Trade at your own discretion.
👑 Drop a follow here: @Averoy_Apoorv_Analysis 👑 ----------------------- 🔥🔥 Target: 2000 Followers 🔥🔥 Self-explained chart: ⌛ Motivational and psychological area ⌛ ✣Trade only if you are in the right mindset, if you have been emotionally weak for some time, take your time and don't trade, trade with a happy and + mindset only. ✣If you want to make money,...
RCF has given a fresh breakout from consolidation phase with very heavy volumes visible in lower(15 min) time frame . It might be a news based move too. This stock is looking very bullish as per technical analysis for a target of 100 (which is its 52 week high) in short term. Above that, the stock can fly. Also, as this is a PSU stock with good fundamentals &...
Have corrected well from last BO. Last BO level may act as support now.
Inverted head & shoulder pattern spotted in Heromoto. Clear cut consolidation around the neckline. Once it breaks it with volume one can look for an upside target of 3000+ in short term
👑 Drop a follow here: @Averoy_Apoorv_Analysis 👑 ----------------------- 🔥🔥 Target: 2000 Followers 🔥🔥 Self explained chart ⌛ Motivational and psychological area ⌛ ✣Trade only if you are in the right mindset, if you have been emotionally weak for some time, take your time and don't trade, trade with a happy and + mindset only. ✣If you want to make money, firstly...
BSE:SUBEX Levels mentioned in Chart. Note: Not a SEBI Registered analyst. Trade at your own discretion.
👑 Drop a follow here: @Averoy_Apoorv_Analysis 👑 ----------------------- 🔥🔥 Target: 1000 Followers 🔥🔥 🔥 Strategy : ✣ Channel pattern breakout on 1M chart ✣ Good monthly consolidation and weekly too ✣ On a weekly basis good retracement of 30% multiple times tested near that level ✣ Good triangle pattern on 1hr and 1d both ( Trade on TF whichever suits your setup...