PFC had given breakout from Parallel Channel and now it has Retest to the Parallel Lines
CAN FIN HOME at 52week high and going up on bigger time frame but there parallel channel too so I'm expecting a small rejection till 816-811 then a buying can come, If goes up & sustains above 824 then 827-830 level can be seen & if crosses that then more 4-5 points up move can be expected. 815 below 15 min candle closes can sell for 808-810 target. parallel...
Jubilant Foodworks Ltd. , a prominent player in the food service industry, has recently exhibited a positive upward parallel channel pattern in its stock price movement. This pattern suggests a potential bullish trend, with the stock consistently finding support at the lower boundary of the channel. Fundamental Overview: Jubilant Foodworks Limited is a leading...
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This stock has given a) parallel channel consolidation breakout b) Trendline breakout c) crossed 200EMA and also continuing to complete d) rounding bottom pattern suggesting nearest target of 1420, provided stock continues with the momentum to breach immediate resistance levels.
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BSE is into Parallel channel since beginning and it may try to test the upper edge of the channel
IPCALCAB | Parallel Channel Breakout | Swing Trade stock has given a breakout and consolidating. Once it moves upward from consolidation, stock will be on a bull run.
IIFL Securities - Parallel Channel Breakout Parallel channel breaksout after long time and expected to hit target 1 and target 2 in next upcoming weeks
Welcome back! This time, we will analyze our third breakout stock, which is Escorts Kubota. Chart is Pretty self-Explanatory so we are going keep it short. Here are some pointers. >>Escorts has spent the past two years consolidating within a bullish parallel channel. >>Today, it experienced a notable breakout, suggesting potential for a substantial upward...
An ascending channel is the price action contained between upward sloping parallel lines. Higher highs and higher lows characterize this price pattern. Technical analysts construct an ascending channel by drawing a lower trend line that connects the swing lows, and an upper channel line that joins the swing highs. Ascending Channels: How to Trade This Technical...
KIMS flowing in a drooling momentum from past few sessions. Broke it's another resistance in the channel & now flowing up. Until & unless it doesn't break the channel, its in clear momentum. PS - I am founder of Tactic, we get you the Trade Ideas of top SEBI registered users across Intraday, BTST & Positional. We are trusted by 1000 users, we will be glad to have...
Aarti Industries is below 200EMA and its 10EMA has crossed above 21EMA showing short term strength and momentum in the stock. Has been trending downward in the channel since Sept 2022 and is closer to break short term and long term trendline as well. If that happens, we can look forward to rally upto 650 as first target. Levels marked on the chart, for...
The stock looks bullish, though below 200EMA, have given channel break out with huge volumes along with inverse Head & Shoulder formation. After 200EMA has the strong resistance zone which is breached can provide new higher targets.
Rolex Rings is a leading manufacturer of forged and machined components, one of the top 5 forging companies in India and is also a Global supplier of hot rolled forged, machined bearing rings and automotive components for various segments of vehicles, Industrial Machinery, Wind Turbines and Railways. It derives nearly 54% of its revenue from bearing rings and 38%...
In the 30 minute chart, we have drawn a sliding parallel channel. It is apparent that the Swiss Franc is strengthening against the Australian Dollar. This fluctuation also correlates to the news of the UBS-Credit Suisse merger. Anyone can open a short position and profit as long as price movements are contained within a sliding parallel channel.
Market Cap 1,111 Cr. Promoter holding 60.8 % Pledged 0% Dividend Yield 1.25 % Intrinsic Value 483 Stock P/E 10.4 Industry P/E 18.2 Debt to equity 0.26 ROCE 25.7 % ROE 19.8 % OPM 9.74 % EBIDT growth 3Years 42.9 % Free Cash Flow 24.2 Cr. EPS 26.4 vs EPS last year 24.8 vs EPS preceding year 10.9 Vardhman Special...
Market Cap 1,284 Cr. Stock P/E 30.7 Industry PE 27.4 Dividend Yield 1.24 % ROCE 22.2 % ROE 16.6 % OPM 14.5 % Promoter holding 75.0 % Pledged percentage 0 % Free Cash Flow 14.4 Cr. EPS 65.5 vs 51.2 -...