Rounding bottom with huge volumes. Targets(T1, T2, & T3) mentioned along with expected time frames. Stop loss marked as SL. Can achieve better targets, should carry trailing stop loss once in good gains. Also keep tracking quarterly results to monitor performance.
Good chart Stock near all time high Target 260/275 Stop loss 220 I am just representing my views For educational purpose only.
it has rallied 160% in short span of time. it approached Fib retracement support level of .618 let's watch how price action works out at 120 level.
IndiaMART InterMESH Ltd. has shown a strong bullish divergence, breaking out from a symmetrical triangle pattern and currently testing a crucial retest level. This setup presents a potentially favorable opportunity, if the support at the trendline holds next week. Technical Analysis: Symmetrical Triangle Pattern: The stock has been consolidating within a...
#BBOX trading above Resistance of 514 Next Resistance is at 779 Support is at 293 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose...
On Friday Nifty opened with a gap on the down side and ended the day in Red with no signs of Recovery. In one and four hour time frame Nifty has broken the trendline and is bearish. If Nifty closes below 24650 on Monday they we can assume that the down trend has begun. For Monday 5/8/24 Buy above 24780 for a target of 24820 , 24850. Sell below 24650 for a target...
#ZENTEC trading above Resistance of 1663 Next Resistance is at 2143 Support is at 1263 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational...
NSE:HPL ✅ #HPL trading above Resistance of 532 ✅ Next Resistance is at 772 Related charts: Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only....
BIKAJI: Strong Breakout Stock! Patterns: Bullish Flag Pole Formation Volume: Massive increase observed Price Targets: 800 / 825 / 870 / 925 / 950++ Stoploss: 685 DCB Disclaimer: For Educational Purpose Only
NAZARA: Strong Breakout Stock! Patterns: Cup & Handle Pattern Formation Volume: Massive increase observed Price Targets: 1080 / 1250 / 1375 / 1500++ Stoploss: 900 DCB Disclaimer: For Educational Purpose Only
Nifty Weekly Analysis For 05-08-24 to 09-08-24 Daily & Weekly Trend in Nifty is Bullish. Evening Star pattern formed in Daily chart which is a sign of Reversal. Hourly Structure changed to Bearish, So we may see some correction for previous Impulsive move in the coming weeks. Short Level for Monday is Below 24680 for the Targets of 24580/24480. Long Level Above...
REALTY Following an impressive bull run, the index has begun to consolidate and has taken the shape of a Rounding Top pattern. With significant selling pressure, the index is currently hovering around its trendline support level, which also happens to be the neckline of the Rounding Top pattern. If the trendline is breached, we could potentially witness a...
NSE: CLEAN has penetrated the trendline and the Range channel on the Weekly Time Frame. Good price to enter on the retest of the range channel. Enter with 50% quantities and 50% after the close above current price. SL at this weeks low.
It is a 994 cr company which manufactures Plywood and MDF board with a P/E of 23 as compared to industry P/E of 35. On chart it is above 200 DMA. Almost a year downtrend has been broken and last week volume is on higher side. It has resistance zone 390 to 405. above that it can go higher, first target can consider above 500 which is again a resistance zone as...
AsianPaints has confirmed UP trend Pattern in Daily TF. as part of UP trend Next week it may form an HL pattern to continue the UP trend in coming days
Nifty in (a) of 2nd wave Nifty may take support from 22450 If the 22450 level is broken on a daily closing basis may see a deeper correction
Momentum started on AWL, Company posted highest ever profit this quarter. AWL is having potential to give 27% upside soon.
Gold on weekly timeframe showing bearish divergence Gold showing a channel shown to be in the fourth wave Gold if breakout channel structure may start for fifth wave on weekly until then in fourth wave