Refex "Right Angled Descending Wedge" A right-angled ascending broadening wedge is a downward reversal pattern. The pattern is formed by two diverging lines, the support is a horizontal line and the resistance is an oblique bullish one, so it is an inverted descending triangle Currently, Refex is in the range of Rs 144. If the pattern continues, the price of...
#Nureca is a leading B2C healthcare and wellness company with a product range of over 150 SKUs across different categories. CMP 1010 seems forming in the range of 930-1030. Can be added in parts May see 1100/1250/1350 SL 900
#KRBL CMP 361 Box BO after a long consolidation Seems ready for earlier high near 640 in coming months.
RELAXO breaking 200EMA with huge volume moving towards uptrend nxt target should be 1170 sl can be 1020 learning purpose only
GSPL is wating for a breakout.Buy sustain above 262 for a run to first target 270 and second target 280 with stoploss below 238. NSE:GSPL
HINDPETRO looking good above 256. keep sl below 234 and target of 304
Deepak nitrate breaking out with huge volume making cup & handle target 1 and 2 mention in chart SL should be 2000 do research before investing
one can plan to buy above 106.80 as you can see we will get double confirmation of trendline and cup and handle pattern . hope you liked it. keep it simple Disclaimer : we are not SEBI registered .all the content if for educational purpose only.
Ascending triangle Breakout and retest done. Be careful as there is a huge red candle formed so it could be a fake breakout.
hindalco complete near breakout side ways range this chart price move 5 wave
Central Depository Services Limited is a Market Infrastructure Institution (MII), part of the capital market structure, providing services to all market participants - exchanges, clearing corporations, depository participants (DPs), issuers and investors. It is a facilitator for holding of securities in the dematerialised form and an enabler for securities transactions.
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before...
Alkem swing trade:- 1.As you can see rounding bottom has formed and it is about to give trendline breakout (wait for proper breakout) but on 09 sep you will notice selling came from upper level and it is little streched if you see past days back to back green candles. 2.So plan to buy either on pullback or retracement from 3265 or if it gives bounce from...
#TechM CMP 1127 Technically wait for close abv 1140 Tgt 1250/1350/1500 Showing good YOY sales growth. Many Acquisitions in past 1-2 year. Hoping for better synergy.
Equitas bank looks good to buy on daily time frame. stop loss = 42 target = 56
Personal, I am waiting for MARICO to drop below 510rs in the near future for my first entry into the company. Marico has a complete dominance in the oil industry, and right now, Marico is heavily focused on their Saffola brand, with an aim to generate 850cr in revenue from the brand. And the earnings from saffola in 2022 is extremely strong and expanding.
NSE:BANKNIFTY I strongly believe this is not a breakout , and might be a fake one as NIFTY HASN’T BROKEOUT YET If NIFTY BANK breaks and closes above the parallel channel, then i may re-think about my analysis Here’s a link to my previous Analysis I’m still thinking it may play out, keeping in mind of foreign markets. Watch for breakout and close above...
#KirloskarOIl CMP 252 Previous week had big volume BO. Seems ready for 275/350 Good Fundamentals