Looks good for long term, breaking 24 years resistance, target should be 2-3 times from here.
As we can see slowly and steadily BANKNIFTY can be seen moving in uptrend, also has broken the trendline but can be seen in consolidation and indecisiveness which shows the breakout is not strong enough or buyers are not confident enough to make market move upwards hence till the zone is broken either side, the trend cannot be identified so plan your trades accordingly.
We have used fibonacci retracement tool to check the retracement of price. The price has reached 0.382 and once cross this, we can see change of trend. We can also see the EMA20 about to cross EMA200, which will show bullishness in the stock. The fibonacci at 0.5 level, 0.618 as resistances, and on crossing each resistance we can see price moving up. Other...
TVS Motors has. made a double bottom and has also broken the downward trendline. We can expect the price to move towards 2500+. Other factors: 1. RSI is improving, once it moves above 60, a good bullish sign 2. MACD is improving 3. Volumes are steady 4. Highest TTM sales, operating profit & Net profit 5. Sales growth by 23% in Jan'24 month "Clean Charts, Easy...
𝗕𝗿𝗲𝗮𝗸𝗼𝘂𝘁 𝘀𝘁𝗼𝗰𝗸𝘀 𝘁𝗼 𝘄𝗮𝘁𝗰𝗵 𝗻𝗲𝘅𝘁 𝘄𝗲𝗲𝗸 ⬇️ 1. MODIRUBBER
Dr Lal Path has made a Head & Shoulder pattern and a breakout from 2850 will move price towards 4000. Other factors: 1. Steady volumes 2. RSI is above 60 a WTF showing bullishness 3. MACD is making green 4. 20EMA is above the 50 & 100EMA "Clean Charts, Easy Charts" Learning & Earning!! Cheers!!
ElectroSteel Casting has given a double bottom and Rectangular breakout and re-tested as well. We can see price moving towards 285-300. Other factors: 1. Best TTM profits 2. FIIs & Promoters increasing stake 3. RSI will improve 4. There is a pennant / triangular breakout as well Right Stock at Right Time at Right Price by Cleaneasycharts!! Cheers!!!
ADSL is currently trading at 265, presenting a potential long-term buying opportunity. The stock has shown resilience in recent market conditions, and its technical setup suggests a favorable risk-reward ratio for long-term investors.
*Major Levels Only* BANKEX if Sustain above 58305 then 58439 to 58471 then 58503 to 58525 above this bullish then 58670 to 58702 then 58836 to 58869 or 58913 to 58935 above this more bullish BANKEX if Sustain Below 58273 then 58136 to 58106 or 58074 below this bearish then 57875 to 57843 below this more bearish Consider some buffer points in above...
GAIL -Symmetrical Triangle -Near Breakout Name - GAIL Pattern - Symmetrical triangle Timeframe - Daily Status - Near breakout Cmp - 237 Target - 266 - need to close above 240 SL - 232 Pattern: A symmetrical triangle pattern is a common chart pattern in technical analysis that indicates a period of consolidation before the price breaks out,...
- Ramco Cement looks all set for an expansion - Ramco is currently trading at 831 - Accumulation Zone - 815-825 - SL - 3% - Chase - 8%
-price overall bullish + trying mtf strong upside -on wtf sup closing and closing at sup -dtf 44 ema + bullish candle #swing
"ADSL" is now getting ready for another rally in making a new ATH. There is a good short-to-mid term swing opportunity in this stock, but before this, we need to plan our entry. Two levels of entry is possible here: a. The stock is undergoing a retracement in a lower timeframe (hourly), which should retest the previous resistance level of 254. A good entry should...
- CUB is currently trading at 170.6 and is showing signs of a huge expansionary move on a 4H TF - CUB is currently compressing and trying to take more and more Liquidity out - Make a note of a liquidity grab or deviation possibility before this shoots up - 166-168 can be a good area to look for longs
UNOMINDA -Inverted Head and shoulder—Daily Name - UNOMINDA Pattern - Inv Head and shoulder Timeframe - Daily Status - Near breakout Cmp - 1173 Target - 1494 - need to close above 1193 SL - 1079 Pattern The Inverted Head and Shoulders pattern is a bullish reversal pattern Fundamental : Here are some key fundamental ratios and metrics for UNO...