- Stock is in a continuous uptrend.
- Stock took a breather of 13% after a 58% up-move.
- Currently stock is consolidating at a 10% range.
- Stock trended up with huge volume activity.
- During consolidation around 40 lac shares were delivered from 23-29 July. All days delivery is above average.
- On 20th August, there...
A parallel channel breakout can be seen in the chart. The resistance line has been retested. Any move above 320 should be a good indication to enter for a target of 375. Stop-loss can be placed at 310. A risk-reward of 1:8.
The stock was in uptrend since its IPO. Recently after some strong candles the stock was moving sideways. Today the stock has come out of that sideways movement and formed HH HL structure. Can be a low risk entry here.
1. Making Higher highs & Fundamentally strong Stock.
2. Took support from 377 Support Zone with good volume
3. Only Disadvantage is the stock closed below round figure i.e, 400
4. If the Resistance zone Between 404-414 will break we can see a very good up move(Based on market conditions)
5. Enter only if 414 level breaks with good confirmation by keeping...
Vikram Thermo a microcap company is currently taking support and has a triangle formation in its chart. A buy can be considered now or after breaking the trendline.
The RSI is also looking for a breakout.
Risk-Reward Ratio is on the lower side with this setup. Strict SL at closing below 187 .
I am waiting to see it in Uncharted Teritory😎✔️
Expecting a reversal from the current level.But need to stay Nifty postive.
Risky players can enter @current level
Others can wait for the Cup and Handle Breakout.
✔️ Anytime we can see a massive movement in the stock
Reasons for this Stock Selection ✔️
💎The stock was strongly accumulated between 40-50 range,u...
EURUSD struggles to extend the strongest recovery in a month as anxiety over Evergrande test pair buyers ahead of a speech from Fed Chairman Jerome Powell. With this, the currency major steps back from the weekly resistance line, which in turn suggests further weakness towards the 1.1700 threshold. However, the quote’s downside past 1.1700 will not hesitate to...
Tata Power is looking very good on charts and is on verge of breakout around it's resistance. If succeed then we can expect 155-165 in 1-2 months
Risk Reward(RR) looks very favorable here.
This analysis if for educational purpose only. I'm not SEBI registered analyst.
currently M_M is consolidating at important zone which you can see also act as a good support in 2015-16 time( you can zoom out the chart ) and it has bounced of many times from the same area in last year . stock is also nearby 200 Ema , A good closing above this will also lead the stock to new highs .
and it has also broken that trendline and retested two times...
NSE:VMART is trading in a range after a huge volume breakout. The scrip is now at key support level taking multiple support at the previous resistance (S/R flip). The stock is also forming a descending triangle pattern. The volume is very less on consolidation. One can go long at CMP however this is a little risky bet as there is also one more support level at...