Based on the price movement, there was a period of consolidation where the price was trading within a range. However, the recent price action indicates a significant break above this consolidation phase, which suggests a continuation of the previous upward trend. Initially, the pattern started during a downtrend as prices formed higher highs and lower lows within...
BUY - BAJAJ FINANCE LTD CMP - Rs. 5649 Target - 1: Rs. 6880 Target - 2: Rs. 7689 . . Technicals - 1) Bullish Harmonic Pattern - Anti-Crab. 2) Targets set using Fibonacci Retracements. . . Comment - The 2nd target will be achieved in the medium-term . . Follow me for more!
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It appears that the price of Dollar Industries Ltd. has reached its lowest point after trying and failing to go below a certain level. Instead, it started going up again, which is a sign that a new upward trend may be starting. the price seems going above the highest point between the two lows, it confirms that the trend is changing to a more positive one and...
ZFSTEERING after giving an episodic pivot gap with high volume is nicely respecting the gap and following tightly with respect to 21 EMA and 50 day MA. Looks like there's more gasoline left in the scrip. Stoploss should be placed ar 590-585. This is a great candidate for a swing trade. *DISCLAIMER* This analysis is only for educational purpose. I am not a SEBI...
I daily make educational content videos for swing / positional trading
I daily make educational content videos for swing / positional trading
Daily Chart analysis of MAHINDRA LOGISTICS Mahindra Logistics stock price has reached a point of stabilization and is displaying indications of a potential reversal. Following a period of uncertainty or consolidation, the price has broken out in an upward direction, suggesting a shift in market sentiment. This pattern is known as the Diamond Bottom, which...
I daily make educational content videos for swing / positional trading
Based on the Daily Chart of DELHIVERY , it seems that the price of a particular security has reached a bottom and is showing signs of a reversal. This reversal is indicated by the breaking upward of the price after a period of uncertainty or consolidation. The pattern known as a Bottom Triangle, consists of two converging trendlines. The upper trendline...
In IBULHSGFIN a bullish symmetrical continuation triangle pattern has been formed. This pattern typically occurs during an uptrend and indicates a potential continuation of the upward movement. Here's a breakdown of the pattern based on your description: Converging Trendlines: The symmetrical continuation triangle pattern consists of two converging...
Veto Switchgears & Cables Ltd - Daily chart analysis - Symmetrical Continuation Triangle has formed, which means:- A Symmetrical Continuation Triangle (Bullish) is a bullish chart pattern that appears during an uptrend and indicates a potential continuation of the upward movement. It is formed by two converging trendlines, where the lower trendline is ascending...
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ISGEC chart looks strong, any dips near 600 will be a strong buy, company has recently started operations in its new ethanol plant, and is a major player in many sectors. I have already made a position. This is a positional pick. Stoploss can be placed @ 540 *DISCLAIMER* This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor....
I daily make educational content videos for swing / positional trading
Technical analysis pattern known as a "Bottom Triangle" has been formed within calculated geometrical angles. This pattern typically indicates a potential bullish reversal in the market after a period of consolidation or uncertainty. Here's a breakdown of the key characteristics: Converging trendlines: The Bottom Triangle pattern consists of two trendlines, one...
SHANKARA has formed a long cup and handle pattern. Good scrip to go long as company has good fundamentals and is in the basket of #INFRA theme. Stoploss can be placed @ 660. *DISCLAIMER* This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor. Please consult your financial advisor before taking any position and please use a...
In Granules after a period of uncertainty or consolidation, the price has recently hit a low point and has exhibited promising indications of a reversal. This is evident as the price has broken upwards, indicating a shift in market sentiment. During this time, a pattern known as a Bottom Triangle has formed, characterized by two trendlines that converge. As...