INDIAN BANK has got a strong channel breakout with heavy Volumes and RSI. Stock is also favourable as per technical analysis, Bollinger Bands, and other tools.
ABC has a potential target of 190. Wait for closing above 176 to have a sure-shot entry. PS: Only for Educational Purposes
Is Paytm making disjoint channel. Will it be making bottom at 280(270) or it may try to touch 200
Since beginning paytm was in parallel channel. and going by this trend expect it to be keep following it
On day chart World Coin is in negative channel I think BINANCE:WLDUSDT can down to $2 because this level is the confluence zone of Golden Ratio and Horizontal Support Wait for rejection around this level to join
The chart is self-explanatory and shared for educational purposes. JSL Stock has a Channel Breakout after a reasonable consolidation. Volume Breakout & above MA line. There is a high possibility for upward momentum.
The stock has taken a crucial support at the 1364 levels and is expected to rebound strongly form here , moreover the stock has traded in a narrow range or a channel formation since january 2021 , it can give more than 26 % returns in no time , also there has not been and significant impact on the PAT which further enhances the reliability also the RSI LEVEL IS...
SKIPPER - Skipper Limited - BUY ACTIVE Chart Insights : Weekly Chart Stock closed @322 on 16-Feb-24 We can see stock is under NICE formation of cup & handle and trying to break the resistance and can expect upside move if its sustain above the resistance. BUY Active only resistance breaks and sustain above resistance & keep monitor for future investment. Drawn...
NATCOPHARM - Natco Pharma Limited - BUY ACTIVE Chart Insights : Weekly Chart Stock closed @1026 on 16-Feb-24 We can see stock breaks the resistance and it may retest the broken level in coming days and then bounce from that level. Stock trading in channel, Best BUY only on RETEST level and this is for positional players. Drawn support zone for entry.
For those who have read Stan Weinstein's book "Secrets For Profiting in Bull and Bear Markets" will relate to the structure forming here and the stage in which the stock is currently in. The stock price is hovering above the 40 Weekly Moving Average (WMA), is in an uptrend and has formed positive base formations. Post this week's bullish candle formation the...
Price broke the three days range today and now it is facing trend line resistance. As per the daily chart, still price is sustaining above the trend line. Pattern : Channel Resistance. Range : Medium. Trend strength : Normal. Buy Above : 21860. Stop Loss : 21820. Targets : 21900, 21940, 21980 and 22040. Sell below : 21740. Stop Loss : 21780. Targets : 21700,...
Coalindia past 10 yr move within parallel channel has gather good steam into the stock. Any BO here may bring nice move
The stock has been in an uptrend since its listing and has formed a series of higher highs moreover it has been following a proper parallel channel 1536 should be the immediate targets if this range is broken an elongated rally can be seen with targets till 2000 also the fundamentals of the company are amazing there has been rise in net profit by 15% yoy basis
NUVAMA - Nuvama Wealth Management Limited - BUY ACTIVE Chart Insights : Day Chart We can see stock breaks the channel pattern with good volume and can expect upside move if its sustain above the resistance. Drawn support and resistance levels on chart for entry and exit reference Best entry at retest level
DBL - Dilip Buildcon Limited - BUY ACTIVE Chart Insights : Day Chart We can see that stock is broken the resistance with volume and can expect upside move if its sustain above the resistance. BUY Active only on top of resistance , it may try to retest the same level in coming days , best buy on retest level & keep monitor Drawn support and resistance levels for...
Nifty CPSE parallel channel and it is about to break out the resistance zone which may bring good up move.
HCC is one of the oldest infra stock of India showing some change in fundamentals which is visible clearly on chart. A weekly closing above 50 can open big targets for stock. A risky bet for multibagger returns.
VISAKAIND | Channel breakout with 200 EMA support - Looks potential for 60-70% CMP : 106 (Dip : 95) SL : 85 Target : 160