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Shark

JUBLFOOD Probable price actionBased on the recent price action for Jubilant FoodWorks Ltd (JUBLFOOD), the stock shows a bullish trend in the short term: 1. The stock closed at ₹670.5 on February 14, 2025, up 1.27% from the previous close. 2. JUBLFOOD has been in an uptrend since late January 2025, rising from ₹638.65 on January 27 to the current price of ₹670.50. 3. The stock has shown strong momentum, breaking above the ₹700 level in early January before a brief pullback. 4. Recent price action indicates a recovery from the pullback, with the stock forming higher lows and higher highs since February 12, 2025. 5. The stock is trading above its 50-day moving average of ₹699.307, suggesting bullish sentiment in the medium term. 6. Volume has been above average in recent sessions, with 4,032,606 shares traded on February 14, compared to the average volume of 2,001,293. 7. The stock is showing strength relative to its 52-week range, currently trading closer to its year high of ₹796.75 than its year low of ₹421.05. However, traders should note some potential resistance levels: 1. The stock may face resistance near the ₹700 level, which it failed to hold in early February. 2. The year high of ₹796.75 could act as a strong resistance if the uptrend continues. Overall, the price action suggests a bullish short-term outlook for JUBLFOOD.
NSE:JUBLFOODLong
by KarniKripaa
SHREECEM Price action analysisBased on the latest available data, the price action analysis for Shree Cement Ltd (SHREECEM) indicates a bullish trend in the short to medium term: 1. The stock is trading above its key moving averages, including the 5, 10, 20, 50, 100, and 200-day moving averages, suggesting strong upward momentum. 2. As of February 14, 2025, the stock was showing bullish signals for short-term, medium-term, and long-term investors. 3. The current price is significantly higher than the 200-day moving average of 26,081.26, indicating a sustained uptrend. 4. Recent price action has formed a cup and handle pattern on the daily chart, which is typically considered a bullish continuation pattern. 5. The stock has been in an uptrend since September 2023, breaking out of a sideways movement that had persisted since August 2022. However, it's important to note some potential caution signals: 1. As of January 21, 2025, there were indications of a possible short-term downtrend, with the price falling below the important level of 25,422.22. 2. The stock was trading below its short-term Volume Weighted Average Price (VWAP) of 25,264.61, suggesting some selling pressure. 3. Technical indicators like ADX and MACD were showing sell signals in the short term as of January 21, 2025. Given the conflicting signals between the January and February data, traders should closely monitor the stock for confirmation of the current trend and be aware of potential volatility.
NSE:SHREECEMLong
by KarniKripaa
Revered from B Leg, Will it Form a Shark?HDFCBANK, A major contributor for NSE: NIFTY50 may see a little downfall considering harmonic analysis on Daily, Weekly Time Frames. At this Juncture Let us consider Daily Time Frame, and as drawn on charts it is about to form a Bullish Shark Pattern which is reversed from B Leg. Expected Behavior can be as represented in Red Color path. As price comes down from 1775, Price may reach to 1690.80 which is PRZ1 Level. on Weekly Time Frame(WTF), Price is expected to reach 1425-1400 Levels as major shark pattern completes its D Leg.
NSE:HDFCBANKLong
by prowhale
BTC Breaks Free from Downtrend: Next Stop $72KBitcoin Shows Bullish Signs: Breaks Downtrend, RSI Rebounds, Targeting $85K and $90K Bitcoin has recently displayed strong bullish signals in the market. It formed a bullish divergence and successfully broke its downtrend. The RSI (Relative Strength Index) has bounced back from oversold levels, indicating increasing bullish momentum. To sustain this upward trend, Bitcoin now needs to surpass key resistance levels at $64,500 and $72,000. If these levels are breached, new targets of $85,000 and $90,000 come into focus, potentially marking significant milestones for BTC's price trajectory. This combination of technical indicators suggests a bullish outlook for Bitcoin in the near term.
BITSTAMP:BTCUSDLong
by crypto_vulture_signals
3
LINK's Bullish Shark Pattern: Retest Bounce Targets $23 with 100#Chainlink ( BIST:LINK ) is currently forming a bullish shark pattern, a harmonic pattern that indicates a potential reversal and a strong buying opportunity. In this scenario, LINK's price is expected to bounce with retest of a crucial support level. The RSI (Relative Strength Index) has reached the oversold area, suggesting that the asset is undervalued and may soon experience a reversal. If LINK successfully retests the support level and bounces, the bullish momentum could propel it to a significant target of $23. This move would represent an almost 100% return from the current price level.
Long
by crypto_vulture_signals