Hello and welcome to this analysis
In the higher time frame stock has reacted from its all time high zone, if 475-425 is not protected then the possibility of a double top in monthly time frame should not be ruled out.
Current resistance zone 575-625 above that resumption of strong uptrend probable.
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Hello and welcome to this analysis
Stock has seen a very strong upmove after a 15 months triangle consolidation.
Next resistance at 250-300 with support coming in at 170-135
Got listed in Dec 2021 so needs some more data in the weekly and monthly time frame for a more clearer perspective.
Happy Investing
Hello & welcome to this analysis
Stock has been a rank outperformer giving multi bagger returns but after lengthly periods of sideways correctives as can be seen since its listing.
Currently also in its corrective with no clear direction indication in any time frame.
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Hello & welcome to this analysis
Stock is among the rare few which had a lengthy period of correction which broke the Covid lows.
Its trying to reverse as can be seen in lower time frame but higher time frame still lacks confirmation and is suggesting volatility.
I have explained the levels on both sides which would give a clearer direction of trend.
Hope...
Hello & welcome to this analysis
Stock continues to be in an uptrend in the higher time frame with resistance in the monthly/weekly time frame near 145.
In the lower time frame its forming a wedge like structure with a small triangle. Resistance at 128.50 support at 124.
The stock has been a rank outperformer and any dips to monthly / weekly support zones would...
After doing a steady decline till daily kumo support, it appears to know have given an hourly breakout. If this reversal continues it could rally till 325-330 as long as it does not break 303.
It is showing signs of completion of a sideways corrective near its Kumo support. If it holds 357 on hourly basis it could retest 400, sustaining above it could take it till 450.
Only weekly time frame its attempting a break above Kumo resistance at 915. If it manages do break and sustain above it on weekly closing basis then it could continue its rally towards 1050/1200. View negates on hourly close below 894
In weekly time frame after making a Bullish Hidden Divergence near an Ichimoku Kumo it has now activated a Bullish C Clamp. It has strong support near 3600 with minor resistance at 3900. Probable upside for 4600 and then 5100. View negates below 3500
