HDFC has taken a crucial support at 1628 level and can given good returns it does not breaks the support
THE Fundamentals are a major concern but a technical opportunity can be identified . the stock is moving in a channel of making higher highs 576 can be immediate target
Nifty 50 important level for intraday on 15 min TF for 02/08/2023. Wait for the breakout of the box on 15 min and enter with reduced quantity till the closing of hourly candle out of the box. Once hourly candle closes out of the box then we can enter after pullback confirmation on lower timeframes.
NTPC, which has been consolidating for over 2 years, has the potential to experience a breakout with strong momentum. As visible from chart it has made a rectangular channel pattern where it has retested it's support and bounced back over and over again. Today, the stock has reached its resistance level and formed a positive candlestick. If the stock breaks the...
SEIMENS is coming out from rectangle with good volume strong RSI educational idea only
Apollo hospitals stock is looking very bullish in weekly and daily timeframe. It as per the price action, stock is looking very positive for swing and long term holding. After consolidation, it has given healthy closing on the daily timeframe with good volume. One can buy it for swing trading with targets mentioned on the chart. SL will be seing low. As per its...
Ind Hotel Cmp 392 dated 28-7-2023 1. Rectangle Consolidation 2. Reversed from support 3. RSI reversal Buy above 394 target 400-407-415-425-435 SL 377 It is just a view, please trade at your own risk.
BELis breaking a rectangle with good volume strong RSI educational idea only
Tata Chemicals had a strong breakout with a huge candle on the weekly closing day. Tata Chemicals was in a 9-month rectangle symmetric pattern and recently broke out with good volume. While it has potential to reach its resistance, it's better to wait for a slight correction or retracement before entering. If it comes back to the breakout area, that would be an...
As you can see from the chart the share price has consolidated over the past 2 to 3 months and today it has finally given the breakout. Not only on the daily timeframe, it had also given the breakout on the weekly timeframe as well.
NSE:AMBER A complete analysis of Amber is explained on the chart. Entry should be above - 2100 closing on daily Candle. Stoploss - will be below Box low 1840. Target are :- 2550/2780+ It shows multiple signals can start an Up-trend are: 1. Price at 4-year long support Trend line (Trend is intact from its life low) 2. Fib Retracement at 0.618 Significant...
TECHNICAL ANALYSIS : ASCENDING RECTANGLE BREAKDOWN - Price has broken down from the ascending rectangle pattern with confirmation VOLUME SPIKE - On 21st july, price has shown huge volume spike with the breakdown indicating strong downward momentum 50D SMA BREAKDOWN - Price has broken out of the 50D sma after consolidating above it for a long...
In the weekly timeframe, Mcdowell is forming a box/bullish rectangle pattern (Breakout happens upside). Since the breakout happened last week. So, one can go long in it considering the bullish rectangle pattern.
Results: Q1-FY24 Jun 23 Jun 22 Growth Revenue 282 225 25% Gross Profit 70 58 20% Net Profit 94 54 74% Buy Back Offer @ Rs 4000 IndiaMart Cmp 3151 dated 21-7-2023 1. Rectangle BO @ 3052 (done) 2. RSI BO 3. Price Rise with Volume Rise 4. Quarterly result move Buy above 3160 target 3250-3350-3500 SL 3000 Note :If...
ashok leyland at new life time high with breakout of an cup with handle. may 2018 high breakout with support of 148 level. keeping stoploss of 148 may give 250 high no recommendation for buy and sell
Time Frame - Weekly *Study* - -- A rectangular Pattern Breakout with high volume -- Reversal pattern -- Good Volume -- Fundamentally little weak stock Target and Stop loss mentioned in Image Similar Study link below of Anupam Rasayan-- This Chart is only for educational purpose. Do your own study before entering into the trade.
Balrampur Chini Cmp 386.40 dated 17-7-2023 1. Small Rectangle BO @ 388 2. Reversed from support Line Buy above 388 for target 395-410-415-425-430 SL 375 It is just a view, please trade at your own risk
Jindal World Cmp 342 dated 31.5.2023 1. Reversed from Support Line. 2. RSI Reversal Buy above 345 target360-380-400-435 SL 324 It is just a view, please trade at your own risk.