In the channel. Pls wait for breakout PS: Do your own research Drop in your doubts in comments section Thanks.
JUBLINGREA has been in parallel channel since Apr 2021. Too much tape noise on this stock.
Parallel Channel since the top was formed. expect more selling pressure
after making top lauruslabs is in parallel channel. now it has broken the support and heading more down. I doubt it may touch the lower edge of the channel
Chart patterns look prudent for the above titled opinion REASONS 1. MCDOWELL_N has been trading inside a Ascending channel pattern (taking support and resistance at perfect channel levels)( shown below Monthly chart for broad view) 2. Monthly Breakdown by witnessing the January month candle(with volume bump) with low too tested the next month 3....
GNFC Cmp 509.35 dated 31-3-2023 1. Reversed from support. 2. Consolidating in a channel & reversed from lower band. 3. RSI Reversal Buy @ CMP for target 530-545-565-570 SL 490 It is just a view, pls trade at your own risk.
MCX broke out of descending channel with decent volumes on an hourly TF. Risk:Reward in this trade is very much in favour of bulls. Could be bought with mentioned stoploss & mammoth target.
M&M broke out of descending channel on an hourly chart with decent volumes. Could be bought with mentioned stoploss & target. Please comment if you like my charting techniques, suggestions welcome.
Price has formed a decending channel. Buy above 17630 with the stop loss of 17600 for the targets 17660, 17690 and 17720. Sell below 17560 with the stop loss of 17600 for the targets 17520 and 17480. This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
DELTACORP | Channel + Flag breakout - Potential for 15% CMP : 198 (Dip : 195) SL : 190
United Spirits chart pattern looks very good to hold on for long term (next 4-5 years). Even though stock is looking for a small correction of 10% and to trade in sideway range of 10% levels up-down in short term and is a good to hold it for long term. Stock have a strong support at 500 levels which is 30% away from current level and it will be good to go for 1:1...
TITAN broke out of descending channel on shoter TF with decent volumes. Could be bought with mentioned stoploss & target.
Shoppers stop sell as it is a channel breakdown+resistance takeing zone+reversal setup
CUB | Excellent reversal opportunity with very good risk reward - Trying to capture 40% CMP : 130 SL : 110 Target : 190
CAREERP | Channel breakout with volume - Looks good for a decent rally CMP : 165 (Dip : 155) SL : 140 Target : 250
Infosys is in Zig zag correction after making top near 1955. The Rally from covid low ends in 5 waves near 1955. Currently in Wave C which can head up to 1073 and worst case 700 which is 1.618 extension. Analysis invalidation level will be 1620. The LAST Time we analyzed it, moved as per chart DISCLAIMER: There is no guarantee of profits or no exceptions...
Recommendation: Enter now at the lower support lines and exit at the upper resistance line. Why I am personally bullish on this stock ? 1. Bullish Price Channel 2. Strong Fundamentals a) Quarterly Sales increased from 77 crores (Dec 2021) to 182 crores (Dec 2022). b) Quarterly Operating Profit increased from 4 crores (Dec 2021) to 46 crores (Dec 2022). ...
AXISBANK is trading in descending channel & its trying to breakout of channel, wait pateintly to break 852 then its a buy for very short term. Could be bought above 852 with mentioned stoploss & target till EOD/GAP-UP.