Shankara Buildcon is nicely absorbing the supply, and looks like slowly the bulls are going to control this scrip. Looks good for 15-20% move from here on. Stoploss 740 *DISCLAIMER* This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor. Please consult your financial advisor before taking any position and please use a Stop...
Huge Volume Build Up Plan Pattern Breaking Monthly Chart looking really interesting Weekly Chart rising wedge pattern SL 70 Target 1: 150 Target 2: 200 Long Term
We all have witnessed the bombastic rally of Gold & Silver, now it seems that companies that are engaged in business related to gold & silver are going to buzz. Let's have a detailed overview of the stock in prominent timeframes. Daily Timeframe: - Goldiam has shown a breakout from a right-angled broadening wedge pattern which was under construction for...
ITC the 'rising giant' is showing its heroic move with very much similarity as the 'Puspha' character, who was misunderstood in the movie as inefficient man and same here 'ITC' was assumed as slow mover but now it has changed everyone mindset with a strong move. ITC has formed rising three method pattern in daily charts after a breakout which is a positive...
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JAGSONAPAL PHARMA has formed a bullish flag pattern in large time frame, and now is giving its breakout, with RSI above 60 and MACD histogram turns positive with buzzing volume, could soon see levels of 250.
SHANKARA BUILDING has shown a breakout above 654 with a rising volume which can lead it towards a level of 800, also there is MACD crossover supporting with RSI above 60.
Typical range breakout in SREE RAYALASEEMA H with rising volume and MACD crossover could soon see levels of 500-565.
#UPLLTD Potential resistance breakout This chemical sector stock has bullish momentum and trend and is at a potential breakout zone. Place Tight stop loss and entry only above high of confirmed alert candle.
#TCS Potential breakout towards channel top This IT sector stock has been moving in a weekly trendline channel and had done an wedge pattern breakout back in august Post which it had a pullback to channel bottom and now it seems to be heading back to channel to again by way of potential Breakout from a previous resistance zone.Positional entry above a...
GenusPower has been in a continuous uptrend and currently it has broken its All time high. It has been in continues uptrend with decreasing Debt to Equity ratio... Once can take long position and hold it for at least 3 months to get 20% to 40% returns. Feel free to correct me.. This is For Educational Purpose...
In this self explanatory series I will be posting charts with pure technical analysis only without full length explanations , Traders can ask their doubts in comments section, Happy trading. Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing...
#statebankofindia #SBI Any Breakout from previous resistance of 464 for SBI and a green close about it could indicate good moves upside and may be the time for going for a long entry on this stock. trending on a parallel channel with Momentum and trend indicators indicating bullishness on short ,medium and long term Channel breach or entry candle low at...
#canfinhomes potential multiyear breakout in the making a green close above 666 could mean a breakout from a 4 year old resistance volumes are high and momentum also is in bull zones on all timeframes. stops need be below breakout candle.
#grasim moving up the trendline channel and any green close above 1615 which is previous resistance Could give opportunities to go long on this.momentum on short term has got into bullish zones along with all other timeframes with good volumes .Adx trend indicators are also rising on daily tight stop loss after entry needed as channel swings are large.
BAJAJ FINANCE is forming flag and pole pattern has a good potential move can go long after flag breakout .Finance is looking good .
#hdfclifeinsurance potential breakout continuation broke out of a resistance zone with a wide range bullish candle. Insurance sector is bullish. stop loss could be below the breakout and entry could be above current candle high for swing trades momentum and trend is bullish in all timeframes and breakout is likely to continue more.
#marico multiple bullish reverse divergence seen on weekly timeframe and also a flag kind of pattern that could potential move it up is seen. daily seen at a 4 times tested zone and therefore not wise to enter until a green close above it is confirmed.