✅ The stock has rebounded strongly from the 50 EMA and is approaching the upper trendline of the channel. This indicates renewed bullish momentum. ✅ Immediate resistance lies around 725. A breakout above this level could push the stock higher. Support is seen at 675, reinforced by the 50 EMA. RSI is near 56, showing positive momentum with more room for the upside.
✅ The stock is trading within an ascending channel, indicating a sustained uptrend. It recently tested the lower support of the channel and has bounced back strongly. ✅ The stock is heading towards the 100 level, where it may face resistance and if breaks it successfully a new rally will start. Support remains strong around 85, reinforced by the lower trendline.
AsianPaints was in complex correction since 3rd Jan'22 & breakout out of this range will give us a 1000 point upmove which somewhere falls in btw 4500-4600 level. Complex correction is complete & we can see volume spikes & on lower time frame we can see bullish divergence.
Dixon Technologies (India) Ltd. Chart Analysis It's shows important price movement and trend analysis. Here's a breakdown of key technical elements: Key Observations: Price Movement: The stock has seen significant volatility, with a recent 6% drop (-810.20 points) in the past trading sessions. Earlier, it saw a sharp recovery after a large drop of ~15%...
Based on VIP industries chart a hammer candle formed at a support level. A hammer candle is typically considered a bullish reversal pattern, especially when it forms at the bottom of a downtrend, indicating potential buying interest and a possible reversal. Breakout of Hammer Candle price has broken out above the hammer candle's high, which is another bullish...
✅ The stock is forming a flag & pole pattern, indicating consolidation before a potential breakout. It is testing the 185 resistance level, which could trigger a bullish move. ✅ The 100 EMA is acting as strong support at 168, reinforcing the uptrend. A breakout above 185 could see the stock heading towards 200. RSI is trending at 64, signaling bullish momentum...
✅ The stock has formed an inside candle pattern near the 700 resistance level. This pattern suggests consolidation before a potential breakout. The price is also supported by an upward trendline. ✅ RSI is at 66, showing bullish momentum with room to move higher if the breakout occurs. ✅ A confirmed breakout above 700 could push the stock toward 750 in the short term.
A clear inverse head and shoulder pattern and today (5 sept) given a breakout.
In line with CNXSMALLCAP 100 CNXMIDCAP100 Still have some upside at least till touch of RSI trendline at this point of time. Daily candle is bearish but looking at RSI trendline line , i can see some upside left.
The trend line/Falling channel breakout confirmed and retested. Now its a clear entry and its supported at Weekly support line also creates a high confluence zone. JioFin future outlook is very bright. Its my idea only, trade as much as your conviction and risk appetites..
Nifty opened gap up and sellers got active as market opened at Supply level. Today at planned levels or marked levels we captured 25 to 40 points on options. Nifty Resistance - 25208-25210 some selling opportunity 25300- sellers active Support- S1 - 25130-25150 levels and if this breaks S2- 25090 S3- 25000-25020 Although Negative bias but need to see how...
INDIGO PAINTS LTD is looking strong upside. Entry for long term trade You can go for it after doing your own analysis. entry price target and stop loss has been updated in the chart. ONLY FOR EDUCATIONAL PURPOSE..!
SAT INDUSTRIES LTD is looking strong upside. Entry for swing trade You can go for it after doing your own analysis. entry price target and stop loss has been updated in the chart. ONLY FOR EDUCATIONAL PURPOSE..!
LAURUS LABS LTD is looking strong upside. Entry for long term trade You can go for it after doing your own analysis. entry price target and stop loss has been updated in the chart. ONLY FOR EDUCATIONAL PURPOSE..!
AMBER- Cup and Handle -Breakout-Daily Name - AMBER Pattern - Cup and Handle Timeframe - Daily Status - Breakout Volume - Good Cmp - 4690 Target - 6281 SL - 4630
After dropping to 202.8, JIOFIN has started a strong upward move. The second move did not fall below the first move's starting point. The third move was particularly strong, reaching 261.8% of the first move, based on Fibonacci calculations. The price completed the fourth move at 307, which is exactly 50% of the third move. The upward trend is expected to...
PVR - Cup and Handle—Breakout—Daily Name - PVRINOX Pattern - Cup and Handle Timeframe - Daily Status - Breakout Volume - very Good Cmp - 1580 Target - 1872 SL - 1537
The stock has been forming an beautiful rounding bottom pattern on the weekly timeframe , the stock has good momentum as well as volumes supported by absolutely stunning fundamentals and brand value The company is the third largest Housing finance co in india with AUM of 71200 cr profIts and sales both are highestever, industry PE is at 23 while company's PE is...