Nifty auto index is showing. A firm confirmation of breakout from the previous resistance and also from a double bottom W pattern. The last weekly candle is wide range bullish open = low pattern. The momentum and trend is bullish on all timeframes. From the fundamental side covid recovery and festive sales could help stocks in the sector to sustain the bullishness...
The weekly charts for the stock shows an inverted head and shoulder pattern that ha clearly broken out. Can u believe that it moved more than 41% . It also had taken out a major previous resistances since 2008 and 2018 while breaking out. The price momentum and trend indicators are bullish on every timeframe. An entry could be made on daily retracement candles and...
HDFCBANK one of the largest constituents of the market index is at the edge of a potential big breakout if it works out. There is a rounding pattern formed and it already has cleared the previous 1641 resistance and is at all time high but just need a green candle close above for confirmation. The Fibonacci extension levels indicates 1800 levels possible even if...
SBI has taken out previous resistance and heading higher in a parallel channel. Momentum and trend is bullish on all timeframes and bank nifty at all time high.
The stock is breaking out of a previous resistance. Also if broken out of the FIB retracement 61% from top which Is clear indication of further up move. The momentum and trend indicators are bullish on all timeframes The entire auto sector also has broken out leaving no doubt on bullishness, however make use of trailing and Tight stops the cover the risk of...
Weekly showing a rounding pattern breakout in progress taking out a 4 year old previous resistance The last daily candle is wide range bullish . Momentum indicators is bullish on all timeframes short medium and long while trend indicators are bullish as well with ADX strength of trending seeing rising up on all frames and therefore continuation of price up move is likely.
6 year old resistance has been clearly broken when breakout happened last week. Volumes are above average with momentum and trend indicator bullish on all time patterns It is rounding pattern breakout on long term timeframes too and could be forming cup and handle as well. Up move is expected to sustain considering all these
breakout after consolidation, lag pattern, bullish momentum, trend and good volumes gap support exit downside for positional play.
#indianhotels multiple pattern breakout inverse HNS pattern breakout on weekly previous resistance zone broken out on weekly ascending triangle pattern breakout on weekly momentum and trend indicators show bullishness all timeframes short medium long breakout candle low can be stop loss and entry on retracement ideal as candle is big.
momentum and trend indicator now showing that all timeframes are bullish stock had earlier broken out of resistance zone back in nov 20 but had retraced back to take support at previous resistance and then bounced from change in polarity aug 2021. Monthly weekly had been retracing in a trendline channel forming a flag pattern which broke out further up last week....
AXIS bank shows a potential breakout from a previous 2 year old resistance zone. Looks like it is forming inverse Head and should pattern on weekly timeframes with neckline same as the resistance zone with potential to break out upside If it worked out.Momentum and Trend indicators are showing bullishness on all timeframes now.Enter only on confirmation of...
metropolis healthcare breaking out of previous resistance zone.momentum and trend in bull zones on all timeframes Stop loss would be below the breakout candle neckline and entry can be when price over above current candle high.
#deepaknitrate This stock looked good on august 11 when it had bullish reverse divergence but the up move didn't sustain and could have stopped out for if had a swing trade with a tight one below entry candle. However it took support on channel low and regained it momentum again with above average volumes and made a +15% up move. Looks like we can expect a...
#Voltas breaking out from a previous resistance from last feb with wide range bullish candle with bullish momentum A monthly bullish reverse divergence is in play..Trend and momentum indicators show bullishness in all timeframes This Tata brand like to further move up from the post covid recovery pent up demand in the consumer durable space.
#polycabindia momentum breakout momentum and trend indicators indicate bullishness on all timeframes. momentum seen breaking out of a parallel channel with large volumes too. bullish divergence currently being played out has met the target on last move and need give some space since diluted momentum divergences exit at the same time.swing trade and entry only if...
#indianenergyexchange #IEX momentum breakout more than 25% breakout on this stock with big volumes. momentum is bullish on all timeframe though with diluted divergences seen on weekly
#Titan heading further up in a long trendline channel with a resistance breakout today with all timeframes showing bullish momentum and trend. retraced from the breakout and took support again and bounced back
#hdfclifeinsurance potential breakout continuation broke out of a resistance zone with a wide range bullish candle. Insurance sector is bullish. stop loss could be below the breakout and entry could be above current candle high for swing trades momentum and trend is bullish in all timeframes and breakout is likely to continue more.