Stock is trading at 555. It is making a inverse head n shoulder pattern on a weekly time frame. Breakout Confirmation is still pending. Midterm target will be 644/740/825 This is for educational purpose. Not a buy/sell recommendation.
-if Nifty Pharma breakout from long Parallel Channel (PC), Wockpharma can be one of pharma companies to perform, as it also forming long base and, Long Base = Long Breakout . -DTL BO anticipation (Down Trendline Breakout), tested 4 times but didnt fall with volumes. -Clearly, Green vol > Red vol -VCP pattern (15W-22/6-3Ts) -Earnings due on 28th May Setup is...
Hindustan copper has broke out cup pattern neck line 198, which gives first target of 320. On the bigger time frame it will completing a cup or box pattern of more than 11 year. If it manages to close above 320 then it will be breaking its 11 year high, which can give target of 600. This is for educational purpose.
RIIL trading at 1348 has broke its neckline of 1293. It has crossed its 14 year high.It can also be consider as cup and handle. cup of 12 year and handle of 2 year. As per cup handle Pattern following is the target. Fisrt target of 1800 second target of 2300 If it retest its Neckline then it will be a good oppurtunity to accumulate it. This is for...
Stock is trading at 309.7. It has completed the CUP pattern(almost 2 years). weekly closing above 318 can move the stock Higher . This is not a stock recommendation .
For educational purpose only. If it corrects further from this point, drawn channel can be act as support and one can average the price for more potential.
For educational purpose only. If it corrects further from this point, drawn channel can be act as support and one can average the price for more potential.
It is trading at 682. It has crossed it neckline of 680. Volume is really good. Daily, weekly and monthly RSI above 60 . If its manage to give weekly closed above 680 then we can consider this as cup and handle breakout 1st target :770 2nd target:1000 30 week moving average as stop loss This is for educational purpose. Not a buy recommendation
Windlas Biotech is a Pharma company which provides CDMO service with Market cap pf 881 Cr. P/E 18.8 vs Industry P/E 32 Quarterly sale & operating profit is improving Technically Chart has completed it cup handle pattern and given the breakout which is been retested. Look good to accumulate for ATH Target. one can expect 30 to 40% from this.
Nifty Weekly Analysis For 27-05-24 to 31-05-24 Nifty has given a breakout and close above its major resistance 22700-22800, the same level will now act as support for nity. If Nifty gives a pullback and tests support, Long from 22800 for the target of 22950/23050. And If Nifty Sustains above 23050, next target will be 23150/23200. Failure of breakout, i.e. Short...
Expecting a bounce from RSI trendline and a subsequent reversal in price.
Bank Nifty Bank Nifty is in its resistance zone of 48980-48650. If it holds this level of 48650 then it can go up to 49650 to 49950
RSI above 60 and rising Trading above EMA50 Volume spurt 17 months of consolidation
RSI above 65 and rising Trading above EMA50 Volume increasing 5 months of consolidation
Nifty 50 Nifty has broken out of a range. Now nifty has a potential to go up to levels of 23530 to 23650 If it takes resistance at these levels it can retest levels of 22480 to 22550
Zeel entertainment is potentially make big trend line you can make max profit. Any idea so you put your comment.
PTC made a High of 236.50 and closed at 232.25. Wait for a Breakout and retest for entry.
Support : 22908 SL : 35 Points Target : 120 Points