Asian Paints is a large cap stocks and a market leader in paint industry. It has been consolidating beautifully, and we can see it moving towards ATH. Other factors:
1. RSI is improving
2. Steady volumes showing consolidating in a range
3. High delivery ratio from quite some-time
4. TTM topline and profitability is second best as compared to prior years
5. DIIs...
Technical aspects can read on chart itself
Rate cut might be an advantage to cholafin
disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk
D P Abhushan - All PEERS from the jewellery sector have run up.
This stock made Darvax box breakout and a RSI Breakout.
One can enter above 1550 with SL - 1284.
Disclaimer : Educational Content. Not a Buy / Sell Recommendation.
Breakout with volume in Day, Weekly, and Monthly Time frame
Above 50 DMA
RSI Above 70
Strong Support at 1209
It may retest the breakout line
Note: For Educational purpose only
KEC International Limited has successfully broken out of a cup and handle pattern, suggesting a potential uptrend. The increasing volume and RSI above 50 confirm the bullish sentiment.
short term
The target price is around ₹1,100, and a stop-loss can be placed below the handle at around ₹1000.
BITCOIN SHOWING RECTANGLE PATTERN BREAKOUT
BEARISH MONGTH SEPTEMBER
In day timeframe chat a rectangular structure is showing on bitcoin
And it’s already breaked the rectangle support zone
So according to the data the current structure showing
The overall September market should must be bearish due to
Technical analysis
The fall should be a huge fall
It must...
ElectroSteel Casting has given a double bottom and Rectangular breakout and re-tested as well. We can see price moving towards 285-300. Other factors:
1. Best TTM profits
2. FIIs & Promoters increasing stake
3. RSI will improve
4. There is a pennant / triangular breakout as well
Right Stock at Right Time at Right Price by Cleaneasycharts!!
Cheers!!!
GAIL -Symmetrical Triangle -Near Breakout
Name - GAIL
Pattern - Symmetrical triangle
Timeframe - Daily
Status - Near breakout
Cmp - 237
Target - 266 - need to close above 240
SL - 232
Pattern:
A symmetrical triangle pattern is a common chart pattern in technical analysis that indicates a period of consolidation before the price breaks out,...
A rectangle pattern is a technical chart pattern characterized by two horizontal trendlines, one representing resistance and the other support, with the price oscillating between them. A breakout from either side of the rectangle can indicate a potential change in trend.
Wait for Breakout: Monitor the price action near the 2200 level. If the price breaks above...
PNB housing Cmp 830 dated 14-8-2024
1. Cup & Handle formation In process
2. Rectangle Consolidation BO @ 850
Buy above 850 target 900-950-1000 SL 770
Pattern C&P target 1250 SL 700
It is just a view, please trade at your own risk.
IEX: Breakout & Retest from Rectangle Pattern
Key Observations
Breakout and Retest: The price has broken above the resistance level (neckline) of the cup and handle pattern, confirming the bullish signal.
RSI: The RSI is above 60, suggesting a bullish bias.
Volume: Increased volume during the breakout and subsequent pullback confirms the significance of...
