Gulf Oil Lubricants India Ltd - CMP: 464 Technically: Falling Channel Pattern Consolidating in a zone for some months now Ideal time to accumulate for long term Target 1: 558 Target 2: 673 Target 3: 838 Stop Loss: 375 Fundamentally: Strong Promotor Holding The Co has bought back its 14,16,667 equity shares at Rs 600 per equity share in cash on Feb'22 Consistency...
📈 Exciting Bullish Pattern Alert! 🐂 📊 Pattern: Falling Channel 📌 Symbol/Asset: PEL 🔍 Description: Stock is around good support where we can clearly see Low of Polarity and Falling channel support. Well around 810-815 is the strong support because there is a Quarterly low. We can see good bounce here on. 👉 Disclosure: We are not SEBI registered analysts,...
➡️1000+ day descending channel breakout ➡️promoter holding ~75% ➡️debt reduction ➡️aims to achieve sustainable double-digit margins by the end of Q4 Cons: ➡️High P/E ➡️competitive segment
📉 Alert! Bearish Pattern Spotted! 🐻 📊 Pattern: Falling Channel 📌 Symbol/Asset: DIXON 🔍 Description: Stock is around the resistance of falling channel. We can see downside hereon. Good Short Idea. 👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
Hello Traders, i have brought another analysis on a pattern breakout which called (Rising Channel Pattern). Well i have marked and written most of the things on chart, but still i am gonna to teach you here guy's about this pattern so if you see this type of Rising channel pattern next time, So at least you guy's will be able to trade. So Let's start. Q:- What...
NSE:NIFTY near to completing a triple zigzag correction from the High of 18900 odd. Market retraced 50% of the previous Rally from June - Dec 2022. Retracing back to sub wave 4 of previous impulse. Momentum Divergence from RSI at oversold zone. A counter trend bounce looks imminent from these levels.
Nifty is taking making falling channel. Nifty also took Resistance around 19850 Nifty should come down as there is a strong resistance of the Falling Channel. Its a Sell on Rise !!
Breakout of descending channel pattern + retest from 50 EMA.
DIVISLABS fut broke out of descending channel pattern on 30 min TF with decrease in OI suggesting shortcovering, also it started to trading above VWAP comfortably. Could be bought with mentioned stoploss & target.
INFY is showing *early* signs of breaking out of a weekly flag pattern and descending channel. Keep on watch. This coincides with the CNXIT parallel channel breakout pointed in earlier idea . RSI is high, though volume change is not significant. Big gap resistance ahead.
metropolis broke above descending channel pattern on hourly charts with decent oi as well trading above VWAP. Could be bought with mentioned stoploss & target.
HEROMOTO FUT broke above descending channel on an hourly chart with good OI build up suggesting long build up also breaking past middle bollinger band. Could be bought with mentioned stoploss & target.
NSE:JUBLINGREA is consolidating within a broader range of rs 80. and currently it consolidation in the lower range. One can buy the scrip at Rs. 414 with a stop loss of Rs. 385 on daily closing basis for a target of Rs. 485 Exit the position if the stop loss triggered on DCB. DO YOU WANT ALL MY RESEARCH FOR FREE THEN DON'T FORGET TO FOLLOW ME. I AM EAGERLY...
BITCOIN 4-hr Chart Analysis CRYPTOCAP:BTC at present moving as per Descending Channel's in Parallel Pattern with more Bearish mode, and soon be ready to break out Last Lower-High strong support of $28,300 to moving towards FWB:27K to next step of Lower-Low trends in Bitcoin Market. This time, very big chances to break down approx. 7% to 10% soon. Let's wait,...
JUBFOOD fut broke out of descending channel on an hourly charts with decent OI build up. Could be bought with mentioned stoploss & target.
Bajajfinserve fut broke past descending channel on 15 min TF with decent OI. Could be bought with mentioned stoploss & target/intraday.
BUY - HERANBA INDUSTRIES LTD CMP - Rs. 401 Target - 1: Rs. 505 Target - 2: Rs. 608 Target - 3: Rs. 670 . . Technicals - Descending Channel BO . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
GNFC FUT break out of descending channel on an hourly chart with good OI buildup. Also reversal candle seen on daily charts(not confirmed yet). Could be bought on the basis of channel breakout with mentioned stoploss & target.