KOTAKBANK brokeout of the channel , and is retesting the same. A few support/ resistance levels on the way.
Descending Channel on Berger - will it break or make ? Trade: Long Entry - 257.80 Target - 267.50 Stop loss - 249.50
Reliance is moving in a range for a while,close to its lifetime high. Will face resistance reaching /breaking the high. But eventually ,with the soon_to_be_launched Jio phone this month.
BRITANNIA is moving in a range for a few weeks now. Bouncing between the two levels. Wont be too big on Head and shoulders though. It may reverse for another leg down.
It is been observed on the daily chart that the price action breaks above the down trending channel indicating a bullish move ahead. T1- 630 SL-610T
BAJAJFINSV is moving in channels. Currently in breakdown reversal zone of one of the channels.
HEROMOTOCO broke out of the channel and is retesting the sup/resistance line for a bounce back ore breakdown.
ICICIPRULI broke out of a long time channel. Its testing the pink support/res level.
In daily price at ascending channel support. It can go up to channel resistance. Also hidden bullish divergence is seen in daily. In weekly, it is at horizontal support. sl - 366 tgt - 420-430
In weekly, price at the ascending channel support. sl - 220, 1st tgt - 300
It is in long term uptrend. In weekly, price bounced from ascending channel support and previous peak. Also price bounced from uptrend lower BB. In daily regular bullish divergence is seen. sl - 165, tgt - 210-220
In longer time frame, it is in strong uptrend. In weekly, it is bounced from the support of ascending channel. Also hidden bullish divergence is seen. sl - below channel support - 375. 1st tgt - 470, 2nd tgt - 520.
In longer time frame, it is in a strong uptrend. In daily, price at the support of ascending channel, with a sl below the channel support, one may aim for previous swing high then channel resistance.
In longer time frame it is in strong uptrend. In daily, hammer formed near ascending channel support. with a sl below the channel support, one may aim for previous swing high, then channel resistance.
long term trend is quite bullish. in daily - price near uptrend channel support. with a sl - 1060(below channel support) tgt - 1280, 1300
cnx pharma touched the downtrend channel support and reversed. It is giving bounce back, but overall trend is down.
in weekly - price bounced from uptrend channel support it can easily go to the channel resistance. also in longer time frame, it broke out of horizontal channel with good volume, sl - 280 1st tgt - 330, 2nd tgt - 365
in longer time frame, it had a long down trend then it formed a horizontal channel in weekly, and price moving sideways for months, and recently it broke out of the channel with high volume, confirming the start of uptrend. It is having a U type recovery, and got a good probability to form a round bottom. with a sl - 4 1st tgt - 12 2nd tgt - 25