Weekly analysis of Bororenew stock can be analyzed as a beautiful representation of flag and pole pattern.
The flag is a falling wedge pattern and currently is nearing the breakout zone which is also its 50% fib retracement level.
The daily time frame chart of the stock is signaling a bullish breakout and the risk to reward is very attractive.
Fundamentally, this...
Analysis:
Weekly
EVENT (Feb 1 Budget date ) So My Experience volatility will be there and Indian vix will increase upto budget date
1. Upper side is having resistance and bottom side having support .
So wait for the range breakout or breakdown
2. As per the closing bases
*Closing base 26 dec 2022 18105.30
*Closing base 02 jan 2022 17859.45...
Red line is resistance or consider as a target for coming days view.
Green Line is support or consider as Stop Loss if price crosses down it.
Please view the chart for the same.
Unseen technical Analysis /Price action Behind the Balarampur chini
Stock breakdown stage 2 Flat Base
Again Formed Base of stage 1a
Given Breakout to Stage 1a
Entered at Stage 1b i.e flat base
Given breakout and formed 1c
Now trying to give Breakout at Stage 1c
keep an eye on near usdt . As we can see near usdt has 2 formation 1st is triple top which is bearish if it break this then the bull flag get complete else we are going down from here
educational
Dollar industries may be ready for breakout if breakout happens with good volume and we expect the stock May go for given target levels . to inspire us,Please like the idea If you agree with the analysis.
PERFECTLY FOLLOWING A Channel near 8 months and now its near upside level to jump it , my opinion it will make able to cross this channel and will give a fresh breakout . sl should be 225-226
HAPPIEST MINDS
Chart Structure:
- Stock is in a continuous uptrend.
- Stock took a breather of 13% after a 58% up-move.
- Currently stock is consolidating at a 10% range.
Volume:
- Stock trended up with huge volume activity.
- During consolidation around 40 lac shares were delivered from 23-29 July. All days delivery is above average.
- On 20th August, there...
Mirza International is near to breakout 63 is very strong resistance level .
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MIRZAINT share test multiple times this level, but this time there is a high volume.
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If it break 63, you can make the safe entry at between 65-70 for the targets of 100.
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What's your view on this comment below in the box.
Stock of L&T is forming an Inverted Head & shoulders in weekly Time frame with the zone of 1580-1600 as the neck line.
One can go long ONLY if there is a weekly closing above 1600 for minimum target of 1900 with SL as 1450 DCB.
On daily TF too, the stock is making an IVHS at the same level which can be a congruence to the analysis.
This is just for educational...
RBL Bank share has made cup and handle pattern.
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And the share tested multiple times the 218 and now the time comes,
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That RBL share can give you the move.
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Our Target is 260.
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What's your view on this comment below in the box.
