Weekly Chart Insights: Symmetrical Triangle Pattern: Over the past years, Laxmi Organic Industries Ltd has formed a symmetrical triangle. Breakout Confirmation: Recently, the price broke above the upper trendline of the triangle. Retest of Breakout: The price action is retested the breakout at the Trendline and has moved upwards now. Bullish...
NAVIN FLUORINE INT. is displaying promising bullish signals on the weekly chart. The following analysis highlights key technical indicators and potential future movements: Ascending Trendline - The stock is maintaining a strong ascending trendline, bouncing off this support multiple times (green arrows). Bullish Divergence - The price made a lower low in...
Indo Borax & Chemical Ltd. has recently broken out cleanly from a descending trendline. The Fibonacci retracement levels provide clear targets for the upcoming price action, making this an interesting setup. Technical Analysis: Descending Trendline Breakout: The stock has decisively broken out from a descending trendline, indicating a shift in momentum from...
Libas Designs Ltd. is currently trading within a descending triangle pattern. A potential bullish divergence between the price action and the RSI could indicate an upcoming trend reversal. Technical Analysis: Descending Triangle Pattern: The stock has been consolidating within a descending triangle pattern, characterized by lower highs and a strong support...
Date- 3rd April 2024 Time - 11:30 Am D P Wires has a Good Fundamentals Figures and giving Dividends too. While, Technically it is showing bullish Continuous Divergence in MACD compared to Price Action and has already given strong green candle for reversal confirmation. Also, Price is reversal from 100 EMAs support and also all over D P wires is Bullish...
Date 7th Mar 2024 Chemfab shown breakout with gap opening from significant resistance last week. Target was already decided with breakout, and now I am giving actual call to buy it after rejecting sellers pressure. Thank You!
Tanla Platforms Ltd. has been trading within a well-defined ascending channel for almost 10 years now. The support at the bottom of the channel and the resistance at the top of the channel have been tested many times over the years, as the chart shows. The Price has again bounced after touching the bottom of the channel last month and RSI has a strong upward...
Hello, traders! I’m excited to share my latest analysis of Laxmi Organic Industries Ltd. This stock is currently showing some intriguing patterns that could signal a major move. Let's dive into the details together! 🧩 Multiple Pattern Breakout 🧩 Laxmi Organic Industries Ltd. has been consolidating after a significant downtrend, forming several classic chart...
Biocon Ltd. (NSE: BIOCON) has been consistently trading within a long-term ascending channel, with the channel Top and Bottom being tested multiple times over the years, as shown in the chart. The Price has again bounced after touching the bottom of the channel and made a breakout from a descending trendline followed by a successful retest. The RSI trajectory is...
Rane Brake Lining Ltd. (NSE: RBL) moving in a clear Ascending Channel with support at the bottom of the channel retested multiple times as shown in the chart. The Price has again bounced after touching the bottom of the channel and RSI has a strong upward trajectory. Key Points: Ascending Channel: The stock has been trading within a well-defined ascending...
Aarti Drugs Ltd (NSE: AARTIDRUGS) has been trading within a well-defined parallel channel on the monthly timeframe since 2009. The stock is currently at the bottom of the channel, having successfully retested the channel support. This retest could signify a potential bounce, presenting a long-term buying opportunity. The RSI is also on an upward...
Monopoly company A business to last forever, never Die CMP 2387 Weekly Breakout observed at 2317 Volume profile is super at Daily and Hourly timeframe 25% upside possible till Deepawali 2024 accumulation level close to 2300 Note: Not a Buy / Sell recommendation
PTCIL manufacturer of critical metal components in Defence space., Shipping and OIl and Gas as well, improved sales and profits over quarters. Increased FI's position PTCIL CMP 13742 Channel broke out, taken support Making Flag pattern Good Volume profile Note: Not a Buy / Sell recommendation Note: For education only
Date - 22 March 2024 Time - 10:30 AM WHAT is, 1. VAH& VAL- The upper limit of the Value Area is called Value Area High (VAH), while the lower limit is referred to as Value Area Low (VAL). These levels can serve as potential entry and exit points for trades. 2. POC- The price level for the time period with the highest traded volume. -As we can see, since...
My analysis on this script is bullish.Ofter Proper Breakout and Retest on wedge pattern created strong Demand zone and started rally. Entry criteria 1: ofter retest at 4083 Level(with Volume) Entry criteria 2: ofter Breakout and Retest at 40700 level (with Volume) Target:5378 🚀 #Divislaborotiries #Healthcaresector
CROMPTON has been on the radar of many traders after breaking out of a consolidation phase that lasted approximately 15 months. This breakout was characterized by a strong bullish candle, indicating a significant volume-supported price movement. Here's a simplified analysis of why CROMPTON might just be the stock to watch: After a prolonged downtrend,...
My view on this script bearish Target 1. :184.00 Target 2. :182.50
My view on this script Bullish. Ofter a Trend it's went to a consolidation phase and now ready to Boom💥