Forbes & Company Ltd- Technically tight setup. Price coming out from a Dravas Box pattern. With improvements in fundamentals. Managable debt. Into Engineering, Real Estate & Technosystems. Expecting good upside in this scrip. Stoploss - 660 *DISCLAIMER* This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor. Please consult...
NSE:JOCIL - The chart is self-explanatory. - Strong Base Has been Marked and Strong Resistance is marked. - Then Chart been analyzed in 2 parts 1. Previous Behavior - where price touched strong base twice (number marked as 2 and 4) and strong resistance twice (number marked as 1 and 3). 2. In expected behavior - price is somewhat doing same. Price has already...
A continuation wedge , is a technical analysis pattern found in daily chart of MTARTECH. Let's delve a bit deeper into the components and dynamics of this pattern. Bullish Continuation Wedge: Shape and Structure: Trendlines: A bullish continuation wedge consists of two converging trendlines that slope downward against the prevailing uptrend. These...
Bullish symmetrical continuation triangle pattern has been formed in daily chart of Sterling Tools . This pattern is characterized by converging trendlines, lower highs, and higher lows. It typically occurs during a consolidation period when the market is uncertain about its direction. Here's a breakdown of the pattern: Converging Trendlines: The pattern...
"Continuation Wedge (Bullish)" chart pattern formed on Jupiter Wagons Ltd ( NSE:JWL ). This bullish signal indicates that the stock price may rise from the close of 309.50 to the range of 348-380. The pattern formed over 37 days which is roughly the period of time in which the target price range may be achieved. PLEASE NOTE THAT: This chart analysis is...
The Co. Scan Steels Limited manufactures TMT Rod (under the brand name of SHRISHTII TMT), Sponge Iron, MS Billets/ Ingots, and generates power for captive consumption. Technicals Pattern: Symmetrical Continuation Triangle (Bullish) Duration - 1-2 months The price has broken upward out of a consolidation period, suggesting a continuation of the prior...
- The Finance Index is currently trading in a range - IMO I think we can break down and see a breakaway all through the downside - It's going to be important to notice what the price exactly does - I have drawn two paths let's see which one plays out, I am bearish already for long-term Investments. - I would prefer sitting cash for the next two quarters before...
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The bottom Wedge pattern is a type of continuation pattern that typically occurs within a downtrend and indicates a potential reversal in market direction.he bottom triangle pattern is a type of continuation pattern that typically occurs within a downtrend and indicates a potential reversal in market direction. It's important to note that while technical patterns...
IEX Mid term trade above 168 IEX breaks trendline resistance and also breaks horizontal resistance with good volumes my view for midterm above 168 and if it retrace to retest on trendline will take second entry around 155 with stoploss of daily close below 152 target 1 : 184 target 2: 197 target 3: 229 plus also its also good for longterm investment above 168...
It seems that the price of KAMDHENU has recently experienced a bullish breakout from a consolidation period. This breakout suggests that the prior uptrend is likely to continue. A Symmetrical Continuation Triangle pattern has formed , which is a technical chart pattern characterized by converging trendlines. In this pattern, the price forms lower highs and...
Piramal Enterprises Ltd - Analysis The stock is displaying a promising bullish candlestick pattern , signaling a potential halt to its recent downtrend and a possible upward turn in the short term. There is price and psi divergence seen on daily chart, which is positive indication. Moreover, the stock seems to present an appealing value investment...
Indiabulls Housing Finance price resist at trendline in weekly timeframe since Nov 2019 and tried to break multiple times, recently in nov 2023 gives breakout with good volume and also volume increases gradually. also retest of this trendline is confirmed in daily Tf my view is to go long above 215 for decent profit in midterm also it my be a good opportunity to...
NSE:DEEPAKFERT Daily chart analysis. The chart is self explanatory with Intermediate-Term Bullish. Pattern: Upside Breakout and Retest PLEASE NOTE THAT: This chart analysis is only for reference purpose. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
"Bottom Triangle" chart pattern formed on Zuari Agro Chemicals Ltd ( NSE:ZUARI ). The price seems to have reached a bottom, showing signs of reversal as it has broken upward after a period of uncertainty or consolidation. This bullish pattern can be seen on the chart. PLEASE NOTE THAT: This chart analysis is only for reference purpose. This is not...
A "Continuation Wedge (Bullish)" chart pattern formed on EIH Ltd ( NSE:EIHOTEL ). After a temporary interruption, the prior uptrend is set to continue. This bullish signal indicates that the stock price may rise from the close of 232.20 to the range of 249.00 - 253.00 PLEASE NOTE THAT: This chart analysis is only for reference purpose. This is not...
JSW Energy after a good consolidation is now getting ready for another upmove, formation of tight dojis and Inside bar, also today's last 10min closing suggests there would be a sudden spurt in this scrip. Ripe for swing trade. Ideal Stoploss would be 378. *DISCLAIMER* This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor....
NSE:ARVSMART - DAILY CHART ANALYSIS Pattern found - "Symmetrical Continuation Triangle (Bullish)" A "Symmetrical Continuation Triangle (Bullish)" is a technical chart pattern used in technical analysis to predict potential future price movements in financial markets, particularly in stocks, currencies, commodities, or other assets. This pattern is...