NSE:TATACOMM completed the rounding bottom over last 5 months. Yesterday there was a breakout. Today, with the market, it's re-testing the neckline around 1245. Per the price-prediction over next month, it seems there will be some consolidation throughout next week and there can be a breakout towards 1342 / 1438. SL to be : 1175.
I am seeing an interesting possibility in NSE:AMBUJACEM . The price-action has the following characteristics: It's creating an ascending triangle pattern over weeks - bullish A very long rounding-bottom/saucer pattern formation is completed. It's near to the price breakout. Volumes, Cumulative Open interest long buildups all are fine. No issue:...
Inox is sort of a mixed signal. It has created a W pattern. However a clear breakout will confirm only after the ~560 level neckline break. In Friday's session there is a shooting star after an uptrend. Volume is also not very good. So it may go down if it sustains below the Thursday's low. At the same time, the trend Alligator is showing pretty solid buy signal.
A clean breakout with high volume is seen in this stock. The Breakout is above a good among of range bound consolidation. Two consequitive days it makes big upmove piercing the long time neck line. Williams Alligator is also moving upwards.
Mm Forgings Limited 1. A clear neckline breakout from multiple rounding bottoms, a cup-and-handle pattern 2. Very High volume 3. Trend is up Fundamentals: 1. PE Ratio is half of the industry PE 2. PB Ratio is just 4 - cheap
Nifty Levels for Tomorrow.. Trend : Bullish Sentiment : Positive Expectation : Strong Bullish Expecting Nifty open above R1 level with big gap up Open as Global indices and SGX are positive. We can expect nifty to test 16500 next week, so whenever we see a pull back its buying opportunity to go long at the Support levels.. Tomorrow wait for first 5 mins candle...
- Cup and Handle Pattern - good volume - Current daily closing is testing the 2450 : 4 times. - Clear Uptreand - Alligator is started eating.
W pattern, then retest, alligator up, volume is above vol-sma, long buildup (in conjecture with price up).
Buy BataIndia. 1. Inverted head-and-shoulder (not classical, somewhat) 2. 3 times hit the 1817 level. 3. Ascending Triangle formation 4. William's Alligator wakes up -- ready to eat! 5. Both volumes and COI goes healthy upwards. 6. Price 50 DMA is crossing over 200 DMA (50 and 20 DMA are in 1796. 100 DMA is in 1802).
Hi Traders, Banknifty looks Neutral, however Nifty shows Strong Buying momentum which is positive sign for Market which may help the Banking sector to Boom. If so Banknifty will also slightly move on the Higher side next week. Unless there is no Negative news - Expecting Banknifty to Touch 36000 Next Week. Support and Resistance zones are marked in the chart...
lower high formation small stop loss , last swing low can go long, NSE:AMARAJABAT
Nifty currently showing bearish pattern on chart, last trading session closing bearish engulfing candle seen on chart, nifty will be bullish only if above 17350 level closing basis otherwise bearish pattern continue till downside target 16800 in worst case 16500. if nifty close above 17350 closing basis then bullish formation on chart for upside target...
Cup and handle in process for bullish pattern Bearish Crab activated in harmonics pattern lets see which one wins the game!!!
The stock is taking support at 21 MA on the daily timeframe and expected to break the resistance. I have marked both the possibilities on the chart as it is following the channel very well. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
IMP level 503 Currently the UPL is 493.4 If UPL gave a breakout at 503 on a 3 minute chart with volume, then buy it at 20 to 30 pt above the high of BREAKOUT candle. for weekly analysis
BANKNIFTY SHORT FOR THIS WEEK TOMORROW AROUND 30900 LEVEL WITH SL OF 31050 AND TARGET OF 30200