PVRINOX Stuck in rentangle range bound, either side breakout can be good move possible Long above 1727 levels Short below 1701 levels
LTTS is stuck in range bound pattern, making higher high and higher lows, Based on the levels, it can be good for intraday.
Emmbi Ind - CMP: 91 Technically: Falling Channel Pattern Strong Support on daily Trying to break the resistance multiple times Target 1: 109 Target 2: 125 Stop Loss: Below 85
parallel channel formation with considerable touch point will it break down the channel on bearish note or it may take a bounce from 19584 on CB
HUL is trading in an uptrend channel and currently taking support at the bottom of the channel with some bullish action on daily chart. The falling markets can make it little dicey and so the conservative stop loss of 100 points can provide a very good cushion and the stock should keep on moving towards the upper line of the channel. Looking good at CMP 2473/-...
Jubilant Food works Ltd,( Mid cap) Golden cross on 12th Sep .. invest for long term.. Waiting for channel breakout.........
The chart is self-explanatory. Nifty is trading above 200MA-150MA-50MA, trading with near channel resistant level. Maintain SL.
Most of the indexes worldwide behave in similar manner most of the time. Price is trending in an upward channel and now it is at support. 34520 - 34600 is a crucial zone in deciding the direction. If price took support, then we can expect it to move towards 34680, 34760 and 34820. If price gains bearish strength, then it will fall towards 34460 and...
DIVISLABS fut broke out of descending channel pattern on 30 min TF with decrease in OI suggesting shortcovering, also it started to trading above VWAP comfortably. Could be bought with mentioned stoploss & target.
Chart is self-explanatory. Make appropriate Stop loss. - Short term plan shall be 3month.
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta trade with care good luck.
Compared to nifty & BN, for the past two days finnifty's movement was good. Pattern : Rising Channel. Range : Medium Trend strength : Normal Buy Above : 20520. Stop Loss : 20480. Targets : 20560, 20600, 20660 and 20740. Support is at 20500 - 20520. Sell below : 20440. Stop Loss : 20480. Targets : 20400, 20320 and 20240. Check the live market updates. Hit the...
INFY is showing *early* signs of breaking out of a weekly flag pattern and descending channel. Keep on watch. This coincides with the CNXIT parallel channel breakout pointed in earlier idea . RSI is high, though volume change is not significant. Big gap resistance ahead.
Grasim Cmp 1933 dated 13-9-2023 1. Parallel Channel Bo @ 1906 2. Prise Rise with Volume Rise 3. RSI BO Buy above 1935 target 1950-1975-2000-2025-2040 SL 1900 It is just a view, please trade at your own risk.
YESBANK is stuck in a ascending channel for 6 months now. It has also tried to break the upside on 18.6 but failed to do so effectively. Bounce is expected from support. Also poised to break inverted H&S when crosses 18.6 with good volume.
CNXIT: NIFTY IT has broken the channel on the upside in which it was stuck for last 1.5 years. High RSI. Time to invest in IT now.
WEST COAST PAPER (WSTCSTPAPR) is breaking out of a 1 year large channel or large cup. Breakout retested support line and bounced back. High volume. High RSI. Hits All time high as well
NIFTYMIDSML400 has formed parallel and what we saw recently was just the trailer. we still have big bull waiting for us. 12300-12000 may be good warning if this pattern could fail. It may still take 3 year for index to reach upper edge of the parallel channel