NSE:LAURUSLABS had fallen down much in the past. A few weeks back it had engulfed the Down-trend Line, which is a signal for an Up-Trend to start. A curious U-shaped recovery can be observed in this chart. Overall we have a Trap Zone and the price is consolidating over it, hence my expectation is it should Go Up. A Long Term Target of 449.05 is quite possible....
Yes Bank stock presents a compelling opportunity for a swing trade, supported by strong technical indicators: Reasons are listed below : Multiple tests at the 21 levels culminated in a decisive breakout. A significant marubozu candle on the weekly timeframe signals bullish momentum. The breakout was accompanied by a notable increase in trading volumes. ...
150-300 Point move on monday in midcap nifty. enter breakout of previous day high, or break down of previous day low. tgt for upside till 10950 tgt for downside til 10750
After facing rejection four times at the @2080 price level over a span of 1302 days, there's a compelling possibility of a breakout. Each rejection indicates a significant resistance point, but the frequency of attempts suggests growing pressure for a potential breakout.
#NiftyIT Sector Analysis (1W TF) Pattern: TRENDLINE BREAKOUT - Breakout of Resistance - Done ✓ - Major Resistance Breakout - Done ✓ - Retracement & Consolidation - In Progress #stocks #swingtrade #chartanalysis #priceaction #traderyte #india #indiagdp #StockMarketindia
Sygene is a pharma stock which is consolidating from few months now. Stock has formed triple bottom pattern near its strong support and now showing signs of reversal Confirmation is when stock gives weekly closing above 750. Risky traders can keep this stock in watchlist
Castrol is a safe stock which has shown an amazing trendline breakout. Stock provides a good dividend yield as well. If trend continues in upward direction, stock can test ATH and make new highs in medium term. Keep in watchlist. Levels mentioned on chart.
Preferably Sell at/above = .07799 1st Target = .07373 2nd/final target = .06951 with trailing stop loss Just paper trade. GG.
FACT has shown an amazing rally post breakout of 200 levels. Stock has shown an healthy retracement upto 38.2% and now showing signs of reversal. Risky traders can keep this in watchlist as stock is in mad bull run and can show quick moves. Please like and follow if you love my analysis.
Classical BO failure example. The stock broke out a inverted H&S pattern and now coming to retest the same pattern BO levels. Retracing to a round level of 600 which will be the exit levels for BO buyers. Good for long term here. It MAY bounce back from this level. Entry: 580-595 SL: 500 Target: 740 Disclaimer: Not a buy or sell recommendation. Please consult...
GLAXO - Monthly breakout and retest. Great fundamentals.
DO NOT MISS THIS BREAKOUT! A clean volume breakout with retest done in daily TF. Stock will fly from here. A small consolidation can be expected which is best time to accumulate this stock We might not see this stock at this price in coming few years again. A good fundamental auto ancillary stock
Sapphire foods has been consolidating in a beautiful ascending triangle pattern. Currently, stock is near suppl zone, hence only risky investors should be interested If the stock gives monthly closing above 1500 with good volumes, we can see a big move in this stock. Keep in watchlist!
EICHERMOT (1W TF) Swing Trade Analysis given on 3rd December, 2023 (Sunday) Pattern: ASCENDING TRIANGLE - Volume Spike Buildup Near Resistance - Done ✓ - Neckline Breakout - In Progress - Retracement + Consolidation - In Progress #stocks #swingtrade #chartanalysis #priceaction #traderyte #eichermot
DEEPAKFERT retested breakout zone and near strong support zone . Fundamentals also good . Looking bullish for coming months. Disclaimer - views are personal and shared as educational purpose only and not any recommendations.
Enil monthly chart looking strong and bullish for big movement in coming months. Stock may also hit life time high. Disclaimer - personal view shared as educational purpose only not any recommendations.
There is a one more stock Which is showing a great opportunity and forming descending triangle, stock is near support and ready to blast. what is your view please comment it down. We are NISM Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
Fin Nifty Shortttttt As we expected in FINNIFTY about Short after Major Trendline Breakdown, now FINNIFTY is heading towards its First Target as Above Chart