From the past few months stock was in a down trend, now it has finally given breakout from its consolidation. Previously price level of 105-108 was acting as a resistance, now price has closed above this level indicating a possible shift in the trend. If stock manages to sustain above this price, we can expect a decent rally in coming days. All possible...
Stock has been consolidating from past one year after a giving a strong rally of more than 300%. On 19/04/23 stock has finally given breakout from its downtrend. Price level of 275-280 which was acting as immediate resistance for the stock has been broken. In this week, if price manages to close above this level we can expect a decent rally in coming days. All the...
MFSL broke out of triangle patern on 30 min TF with decent volumes. Could be bought with mentioned stoploss & target.
LUMAXTECH has broken the resistance level and now giving us the target of 309 and further you can plan your trade according to you
Another beautiful Chart of Indian Stock Market, KEI Industries is too eager to cross its 52 Weeks high of 1730.95 and set a new all-time high. On 1 Hour Time Frame, it has already broken the resistance at 1678, with price action after breaking the TREND LINE at 1645. The entry level is 1685 with SL of 1673 and the chart is all set to make a new all-time high while...
VEDL has broken out of its resistance after consolidating right on it and it has done so on above average volume after taking support from its trendline and is giving an opportunity for a quick profit. Target 354.90 Stop loss 314.45 Option data has had a massive increase in open interest and shows a long buildup Keep It Simple
Vedl has broken out of a beautiful resistance zone after forming a small symmetrical triangle and is in a clear uptrend which is shown by the trendline Target at T1 Stop loss: right below the resistance Keep It Simple
#IDBI IDBI Bank TOO RISKY TOO TOO RISKY But tempted to add it in parts with SL of 45 on WCB. Not a short term play. #vr
kindly follow the levels given on chart its a good breakout with volume this is positional call note this is only for educational purpose
The stock has B/O a historic resistance with good volumes and big bullish candle. the stock may retest the B/O levels before the rally. Place the stop loss according to your analysis and risk appetite. Nifty Midcap 50 Index has been B/O from its resistance so is this stock. The EV push and the capacity of Exide Industries will be an catalyst the stock can be...
JUBLINGREA breaks out from 1 year old falling resistance line. It is also looking like a falling wedge pattern. Initiate long after bullish confirmation. Be cautious of earnings.
NSE:GRANULES has broken the Downward sloping trendline and managed to close above it in Upward Direction with heavy volumes. Targets for the same will be the previous peaks of the trendline. * It is my analysis and no recommendation to buy or sell
Gujrat Gas has broken the major resistance zone today also it has come out of Rounding Bottom formation. Its really a great cndidate to go long on. Entry :- 490 (Take it asap trade active.) SL - 459 Target:- 573 R:R :- 2.69 Target should be achieved within 2-3 months.
REC Ltd broken a resistance of nearly 8 months and close above 107. I am picking this stock for both investment as well as short term trade. Reasons for picking this trade are : 1. Broken a trendline resistance 2. Good amount of OI added. 3. maintaining consistent numbers in Quarterly results. 4. Giving a rich dividend yield consistently. This trade is for...
CANFINHOMES showing a Bullish Sign by crossing an important resistance today. It also completed a Cup and handle pattern which is a bullish signal. Bullish Entry above @ 636 Aim for Target till @ 830 or put 5% to 10% Keep a stop loss @570 on closing basis. Please see this idea for educational purpose.
NSE:FORTIS #NSE:FORTIS formed beautiful rounding bottom and given Resistance BO and the level retested, fair chances to move up with decent volumes. SL 280, Target Open. Our friends got this level @ 248 and now trading @ 298 !!
BSE:ULTRAMAR #BSE:ULTRAMAR given multiple confirmations with high Volumes.... #Trendline BO #Resistance BO #CupandHandle #Headandshoulder inverted. T: 418, 475+ SL: Resistance/TL. If you like the analysis, pls reply in comment, with your replies only will share the next chart here. Expecting atleast 50 replies to post next chart. No point in sharing the...
Man Infra Construction has taken good support at fib 0.5 ( from March 202 lows to the all time high) and consolidated and reversed. the levels are placed and described. targets are from upcoming resistance and Fibonacci reversal from ATH to reversal level. Place your stoploss accordingly. Financial results were good and it has goo dividend payout. Note. Research...