As per my analysis, I have seen that crudeoil is travelling between this parallel channel from a long time and respecting the levels.
I am expecting more downside in the upcoming days in case bottom blueline will be break, please comment below your views about this analysis.
If you have any query, please feel free to post in comment section.
Parallel Channel Breakout in Hikal Limited
Stock was trading in a channel from past one year.
Now we can see this channel has been broken with good volume and candle.
Stock has a potential to reach 500+ level in coming days.
Ideal stop-loss be at 240.
This is just a view, not a recommendation to trade. do your own analysis before taking any trade.
All time high as wells channel breakout in Astra Microwave Pr in daily chart frame.
Stock broke its important Supply zone with good volume and candle.
For the upside movement stock has to close above 313 Level with good candle & Volume.
There is high chance for a retest , if it is coming for retest then 290 level should be strong...
Channel breakout in Kirloskar Oil Engi.
Stock has a potential to reach 200-220 Range.
12 Aug we saw breakout candle with good volume.
For upside movement stock has to close above 180 range .
170 should act as immediate and important support.
Risk averse can keep 160 as SL. Risk taker can keep 149 as SL.
This is just a view not a recommendation to trade. Do...
Symmetric Triangle pattern Formation in IPCA LABORATORIES Daily Chart
Wait for proper Breakout or Breakdown.
As of now dry volume, No clear indication of stock direction.
Will update, once the breakout or breakdown confirmed.
This is just a view, not a recommendation to trade. Do your own analyses before taking any trade.
In a day chart Chambalfert forming Rounding bottom formation and stock is in its all time high @493.50 So, if it break that 493-500 Range with good volume can go till 630 range. Fundamentally company is not bad but there is 19% pledge. So do your own analysis before invest.
Bitcoin (BTC) has currently wiped out 50% of the entire market capital over the week and it is still yet to reach the price target of 28k Dollars within upcoming weeks or months. In Day Chart is has formed head and shoulders pattern, which indicates downward movement of the particular currency pair to go down till the mentioned price level i.e. 28k dollars in INR...