The pattern has formed at the resistance zone and the price has come below the important support of the 17600 range. As per the volume profile majority of price, action has happened on the 17300 level. It can be considered the next level of support.
Posted 10.01.2022 JUBILANT INGREVIA stock above 617 for a target 624 and today the stock made high 625 and closing at 606.
GABRIEL INDIA as per daily chart analysis stock has broken the consolidation zone and today it had tried to break the resistance 149. Stock above 150 for a target 155. Resistance at 158 level.
INDIA GLYCOLS as per daily chart analysis stock once breaks resistance 1016 then above 1017 and target 1027. As per my view tomorrow might be a bearish day after a initial rise or gap up.
INDIA PESTICIDES as per daily chart analysis stock above 325 level for a target 335 level. Happy Trading to all.
SURYA ROSHNI as per daily chart analysis above 658 level for a target 668 level. Tomorrow the nifty will go down initially and then bullish reversal will take place and market will continue to be bearish. Don't hold long positions.
HIKAL as per daily chart analysis today the stock had broken 547 resistance and also had rejection at the second resistance level of 566. Once stock above 550 level then target 560 is achievable.
GANESH BENZOPLAST posted yesterday above 109 level for a target 115 and today it made a high of 114.95 and closing at 108. I hope you all had a profitable trading today.
CONFIDENCE PETRO IND as per daily chart analysis has resistance at 84 and once the stock breaks 84 level then above 86 for a target 91 level.
ASAHI SONGWON COLOURS as per daily chart analysis once resistance 334 is broken above 335 level for a target 350 is achievable.
Posted 12.12.2021 two scenario for Hind Rectifiers and both was for bullish break out and today the stock had hit the second resistance level 215 by making high for 214 which was the second target before closing at 208 level. Happy Trading to all.
RALLIS INDIA posted earlier after forming an ascending triangle Above 262 Level for a Target 267 and Today the stock made a HIGH 269 due to a strong RESISTANCE 270 Level. HAPPY TRADING TO ALL
HINDUSTAN ZINC as per daily chart analysis the stock has broken the consolidation and tested the resistance level 369 for a short retracement and above 370 level for a target 390.
Aurobindo Pharma was consolidating for a while near the Supply Zone /Resistance. The price burst out like water bursts out after huge pressure build up inside a pipe. On similar lines, when there is strong consolidation , its like pressure building up on the price near a resistance or support and soon after , the price breakouts with extreme force. A same action...
A clear Inverted Head and Shoulders pattern can be seen on the weekly charts, indicating bullishness. A breakout of the Inverted H&S pattern is seen. Further, a breakout of the 2 year long resistance point accompanied with a retrace is seen. (OPEN THE CHART FOR DETAILED VIEW) LEVELS: Entry: CMP (860-861) Target 1: 918 Target 2: 972 STOP LOSS: 802 (Closing...
Look up the chart for details.
Heromoto rejected from 3124 many times now ready break above 3124 we may see 3155 as target in intraday For education purpose
M&M is reject the upper side resistance and come to down uper side resistance is 520.60 and sell below today low 492.50 then stop loss is 498 and #target is 484-478-460. Only #upperside hope is only above 520.60 if cross the buy and stop loss is 513 then target is 530-536-550+.