On Monthly Chart, it is breaking a 13 year old treadline On Daily Chart, Multiple Patterns are visisble supported by Volume In long term , close above 96 can take this to 134 135
The script is showing Trend Reversal supported by Bunch of Volumes and Bunch of Candles Buy above 175 , can go till 200
The stock is forming an interesting pattern since last year. Runs bullish for quite some time, breaks the support of the bull run then comes to retest the support area. The sequence is shown on the charts. If the present rally continues, this time price may go to 2500 around, (according to the past week's behavior). Only for learning and sharing purposes, not a...
The Share is showing good support plus break out supported by Volumes. +It has managed to stay above the breakout levels for the last 4 weeks. + Industry in all is in uptrend +Good Volumes in last few months
Hi Readers, The time-frame chosen for this analysis is weekly because it erases a lot of noise from the chart and helps us understand the structure and the sensitivity of the patterns better. The candles have been neutralised as well to help us analyse the script better as it equates everything to a single unit. The script AdaniPorts has been inside a range...
speculation but an observation, have seen this work multiple times mostly on BTC. Lower time frame we can see how respectful was the vwap, depending on MS we can enter on level but SL at high.
The stock has broken its long-term support trendline. Further support area lies between 1315-1215. Keep an eye to see a revarsal. Only for learning and sharing purposes. All the best.
As we can see in the chart that NIfty has given a channel pattern BO with a good volume. It has also tested the BO level, now the price is ready to touch an all-time high in the coming days.