Adani Power CMP 47.35 - We observe a sudden surge in the stock from 34 odd levels to 64 - the red zone has acted as a major resistance zone since 2013 - it again acted as resistance and the stock has tumbled to 47 - this could be a case of pump and dump however at current levels of 47 the stock is at multiple support zone levels - & if the stock is able to...
IOB CMP 16.15 - We observe a break out in the stock chart - chart suggest, stock price currently in consolidation mode - the zone of 13.25-16 is very important for IOB - if held on to the doors open up for further upside in medium to long term Target for the current set up 24.20 / 32-35 zone Pattern gets invalidated if IOB weekly close is below 12.15 Buy on...
IDEA is currently trading in channel and recently made a higher low, so we will try to trade for the higher high by initiating a long trade above @ 8.75 with StopLoss below @ 8.
above 200 SMA and has broken out of the falling trend line.. Keep a watch as it would go back and test the short term swing high.
IDEA given breakout from triangle get set go,,, :)
All explained in the chart itself ~this analysis is only for educational purpose~ Pls do comment if you have any query or suggestion for me
see the chart i draw carefully , do follow me for more ideas on other shares like Asian paints , L&T , etc.. this is just An idea .
Vodafone IDEA looks like at a good place to accumulate. The stock is exhibiting retracement at 0.50 Fibonacci from the last one year wave (since Mar 2020) and is slowly moving up the year long trendline. We are bullish in the medium term for 13.5 as the range target. Stop loss if the stock falls below 8.
Simple Analysis Strong Support Zone Res only above 30% Good volumes
A good channel breakout in IDEA on 4hr time frame. LIKE SHARE COMMENT AND FOLLOW FOR MORE for educational purpose only
triple bonanza breakout it is :) if closes on these levels very good upside will be coming :)
HCLTECH took support and it is now going up. Expect a profit near 10 percent.
Exideind has given multiple confirmations for upcoming downward movement. 1. Trendline Breakout 2. Resistance 3. Shooting star Candle 4. Retracement from 0.38 level.
repost chart only below 8.2 or above 11.