Hello & welcome to this analysis
JKIL is a small cap infra co which has in higher time frame been making higher highs and higher lows since its listing.
Currently trading around a resistance.
Fresh breakout above 715 with strong support near 550
All the best with your investing and trading strategies
Hello and welcome to this analysis
A small cap stock which has done very well since its listing 25 years back.
Currently within a weekly triangle that could be coming to an end and an uptrend could resume once again.
All the best with your investing
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Hello & Welcome to this analysis
A Maharatna co has done exceeding well since March lows and particularly in the month of September.
Going forward as long as it sustains above 275 it could continue its rally which next faces a major resistance near 350 in the medium term.
Happy Investing
Hello and welcome to this analysis
Among all large private banks, this one has been an underperformer since October 2021.
In the weekly time frame, Indusind Bank is completing the counter-trend leg of an Ichimoku Y wave.
Ichimoku Y Wave formations are formed in triangle/diagonal formations.
For further upside, it needs to start closing above 1100 on daily...
After giving a gap down its daily chart as per Ichimoku is suggesting a retest of 1675 which also coincides with a weekly support. Large Pvt Banks appear to be seeing profit booking since Friday and Kotak Bank in particular looks weak. View negates above 1870
It continues to be on a bullish path and now after a minor pullback is trading above Weekly resistance. It could test 250 and then 275. Short term view gets negated below 227
It is at the top end of its rising parallel channel . As per Ichimoku it is also at a Price & Time Axis reversal . An hourly close below 14525 would validate the reversal for 14250/13750 . View would get negated if it gives a daily close above day high after triggering a down move.
