The weekly bullish Harmonic reversal appears to have completed its pullback from the 38% level, It is on the verge of a breakout in daily time frame above 13400 which indicates the possibility of 15000 (50% retracement) with a minor resistance at 13800. View negates below 12900
It is showing signs of completion of a sideways corrective near its Kumo support. If it holds 357 on hourly basis it could retest 400, sustaining above it could take it till 450.
Hello & welcome to this analysis
Stock is completing its triangle and appears all set to break above it.
Accumulation between 1550-1650 looks like a good idea for upside potential of 2300.
View negates below 1325
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Oil India seems a good buy at this level for a target of 220 - 236 with a SL of 191. There are multiple confirmations indicating a good short term upside in the stock , so probably it may do good in this week. Detailed explanation has been given in the chart itself, Please go through.
CHART & ANALYSIS
ADARSH DEY
No description needed.
I just spot where the value should be or where are the levels smart-money and institutionals traders and investors look for buy entry's, according to Fibonacci retracements.
NOT FINANCIAL ADVICE
MORPHEUS.
SBI: @ 290.90
Can We See SIMILARITY Like NIFTY, BANKNIFTY ???
In chart: Is "W" For "WIN"
Today Attempt to Cross NECK LINE @ 292.95 , But Failed (Made a HIGH @ 292.45).
NECK LINE Arena @ 289.3 to @ 293 of Pattern " W "
If Resists "WIN" Convert to "Loss".
In ICHIMOKU: Reversing from SENKOU Span B & Traded inside Green Cloud (Bullish) .
Levels / TGTs:...
Can Triangle Break-OUT Clear NOISE in AXISBANK?
Much NOISE in AXISBANK, ATR(14) increased in Renko Chart
Price (@ 510.45) Closed Above 20SMA => 509.155 & 50SMA => 507.261
In ICHIMOKU: Tenkan-Sen (511.675), Kijun-Sen (506.025) Bullish Crossover .
Bounced from 507.5 Near CLOUD Lead 2 Band (507.8).
Made a HIGH...
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Stock has seen a very strong upmove after a 15 months triangle consolidation.
Next resistance at 250-300 with support coming in at 170-135
Got listed in Dec 2021 so needs some more data in the weekly and monthly time frame for a more clearer perspective.
Happy Investing
After a steep correction from 800 in January till 650, it appears to have resumed its uptrend. The weekly Kumo bounce is activated along with a strong demand zone in hourly being observed today. It could do 750-775 with minor resistance around 730. View would be negated below 670
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The stock after seeing a 90% retracement from 2017 to 2020 and see a strong rally, recently going past its previous ATH made in 2017.
It has resistance around 145 with possibility of strong upside above it and support at 100 and below that near 75.
Happy investing
Hello & welcome to this analysis
A small cap stock recently listed in November 2021 has been on a downhill after making a double top in weekly time frame continuously making lower highs & lower lows.
As of now earliest sign of reversal is above 450-475 while any decline till 360-370 could find it at the support of a Bullish Harmonic ABCD pattern.
Happy Investing
The media co owns DAINAK BHASKAR. It has given reversal signals in higher time frame suggesting 120 & then 175 as possible targets as long as it does not breach 85. It has minor resistance near 100. This is a medium term outlook based on weekly and monthly time frame
