Price is moving inside a channel formation and now it is testing the upper trend line of the channel. Bullish if it acts as support and bearish if price rejects it. Trend direction deciding zone 269 - 272. Buy above 269 with the stop loss of 266 for the targets 272, 275, 278 and 281. Sell below 262 with the stop loss of 265 for the targets 259, 256, 253 and...
KANPRPLA - BUY ACTIVE Consolidation range is Broken with strong volume. It may come to support line and then BOOM
GAEL - CHANNEL FORMATION We can expect good move only when it breaks the resistance and sustain.
Pricolltd breaking parellel channel with good volume and rsi trading above all key ema EDUCATIONAL IDEA
RAJSREESUG - BUY ACTIVE - 1M Chart Stock breaks the CUP & HANDLE and CHANNEL. Can Expect BIG move in coming days.
Price gave good movement in the morning session and moved with less momentum which resulted a channel pattern in the afternoon session. Note : Price may be volatile because of the upcoming budget on Feb 1. Support zones - 20280 to 20320 and 20480 to 20520. In case of gap up/gap down these levels may act as resistance also. Buy above 20520 with the stop loss of...
ready for nice move in 3-5 months timeframe need closing above 1520
JMFINANCIL | Simple channel breakout - Looks potential for 50-60% CMP : 111 (Dip : 100) SL : 85 Target : 170 1:5+ risk reward setup
Tatapower breaking a range with good volume and rsi keep eyes on #earnings EDUCATIONAL IDEA
the stock performed a channal (consolidated more than 3 years) and broken out
Weekly breakout in HFCL after 2.5 years. Decent fundamentals and stable company.
MMTC is a company which has one of the worst fundamentals among all PSUs News of company being scrapped were in market couple of months ago. Only investors with high risk appetite and disposable money should be interested in this stock. Technically, a monthly closing above 70 will be confirmation for huge breakout. Previous attempt failed but now we have only 3...
This stock has posted good Q3 results and increase in growth and profit. Expected to grow in near future. In Technical view its traveling in Channel Pattern, once the above trend line breaks , we can expect a good move until 290++ to 300
Price is moving inside a channel formation. And price had a good recovery after the huge fall. Will it continue tomorrow or move inside the channel? Pattern : Channel. Range : Medium. Trend strength : Normal. Buy Above : 21480. Stop Loss : 21440. Targets : 21520, 21560, 21600 and 21640. These levels are derived based on the assumption that price will take support...
Nifty Analysis - Stance Bearish ⬇️ Recap from yesterday: “Nifty was unable to get into the ascending channel despite results from RELIANCE and major banks. We suspect some weakness is haunting N50. It could completely be news/event-driven or related to the build-up for the budget session. The selling figures from the institutions may be because of this. From a...
Best time to short gold in 4 hour Keep watch on gold Big fall come in gold
Amid today's 333 points Nifty Selloff, the only Nifty stock gave a bullish engulfing breakout is NSE:SUNPHARMA . Multi timeframe analysis gives various aspect to be bullish for at least 1:1 Risk-to-Reward target: In W chart, it's a clear breakout of a rounding bottom patten created over last 8 years (since 2015). During this course it breaks out...
NBCC is into parallel channel since beginning and if we are able to get monthly closing above red zone...then we may have healthy return