* After breakout with high volume now the stock is pullback to its support zone with low volume .Thats the sign of accumulation .Now the stock is ready for Upmove . Note - Promoter buying 62 lakhs share at avg. price of 120.00 .
In 1 day stock is nearby its lower trendline, Currently closed 20Daily and 50Daily EMA as shown on 1st chart. Also standing on Demand zone. In 2Hrs timeframe it has completed 38.20% retracement and also nearby 100 ema. The Indicator Used: PANEL 1: 1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts. 2) Valuation...
Formed a triangle + Nearby Fibo level + Also got supported by EMAs The Indicator Used: PANEL 1: 1) TE-REKAB - Proprietary Indicator KEYS: PB: Pullback Blue Candle: Selling Divergence Yellow Candle: Buying Divergence If you like the analysis, do leave a like and follow for more such content coming up. The analysis is my POV, hope you got bucks in your pocket to...
In 15 mins stock is nearby its lower trendline, Currently closed to proper valuation as shown by the valuation band in 1st chart. Also standing on Demand zone . In 2Hrs timeframe it has completed 61.80% retracement and also nearby 100 ema . The Indicator Used: PANEL 1: 1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time...
In 15 mins stock is nearby its lower trendline, Currently closed to be undervalued as shown by the valuation band in 1st chart. Also standing on Demand zone . In 2Hrs timeframe it has completed 78.60% retracement and also nearby 50 ema . The Indicator Used: PANEL 1: 1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame...
In 15 mins stock is nearby its lower trendline, Currently undervalued as shown by the valuation band in 1st chart. Also standing on Demand zone. In 2Hrs timeframe it has completed 61.80% retracement and also nearby 100 ema. The Indicator Used: PANEL 1: 1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts. 2)...
Heromotoco retesting the breakout, previous resistance now turned into support and forming a bullish harami candle will punch an order at 3433
The stock broke out of its trendline resistance and also completed a pullback to retest the trendline which now acts as price support. The stock is now poised for an up move to levels mentioned in the chart.
Made a nice pullback and continuation pattern from previous weekly resistance and TL. Took a support and again moved 15% this week. Looks good to make new ATH levels now. Visit previous chart in the link below.
CONCOR gave support Breakdown and came to retest level weak If going below 416.50 Level Good if sustaining above 425.20 Level Between these Levels is no trading zone.
Post cup and handle breakout stock has completed pullback and above 163 can continue its journey upwards to the levels marked and further for handle target of 28 points. VIEWS FOR LEARNING PURPOSE ONLY
Muthootfin CMP 1251, is at ideal pullback entry point with respect to risk reward perspective even though there is resistence area around 1280-1300 levels .First possible target 1400 with SL of 1205 on daily closing basis.
lti meeting 50 ema and previous resistance as support and candle sticks showing rejection possible long swing opportunity
Hello Traders I am expecting a strong pullback in fermenta biotech if daily candle give close above the mentioned level. Otherwise good downfall if head & shoulder break the trendline downside. DISCLAIMER ( Educational Purpose ) All investments involve risk. Please Do your analysis before initiating Any trade Good luck !
Muthoot Finance has given a triangle breakout and pullback, can be bought at current levels and safe buy above 1312 with a stoploss below 1230 daily closing basis for targets of 1345 and 1405 initially. VIEWS FOR LEARNING PURPOSE ONLY
Price has given a W pattern breakout and pullback to breakout/Support zone & 9 Week EMA, can be added at cmp and dips upto 2550 for target arnd 3000, view gets negated below 2450 on weekly closing basis. On daily time frame price can give a trendline breakout above 2716 levels for initial target 2750. VIEWS FOR LEARNING PURPOSE ONLY
We will likely see a healthy pullback within the channel by that time (maybe as early as next week).