ASIANPAINT ---------------------------- 1. WEEKLY RESISTANCE BROKEN 2. CURRENTLY IN RETESTING PHASE ANALYSIS ---------------------------- (n-2) week candle broke the resistance (n-1) candle is doji. A doji tells indecision We have to wait this week to understand the direction of the stock. NOTE: During this week, on a 2hr chart, if the price closed above 3000...
SBI looks positive above the trend line. SBI can be added from these levels as there is a strong support being formed. The stock touched the low and a positive diversion was seen after which the stock is in strong positive momentum.
The head and shoulders pattern is believed to be one of the most reliable trend reversal patterns. It is one of several top patterns that signal, with varying degrees of accuracy, that an upward trend is nearing its end.
Before take a trade do your analysis and just wait for the breakout.
Can buy Berger Paints for a Swing Trade. Target mentioned on the chart, also there is Fibonacci Retracement which will act as a strong resistance, if it break that, an all time high will be seen. Only buy above 741. Only for educational purpose.
The falling wedge pattern is characterized by a chart pattern which forms when the market makes lower lows and lower highs with a contracting range. When this pattern is found in a downward trend, it is considered a reversal pattern, as the contraction of the range indicates the downtrend is losing steam. Buy for 857 with stop loss close blow 600. A major...
a pennant is a type of continuation pattern formed when there is a large movement in a security, known as the flagpole, followed by a consolidation period with converging trend lines—the pennant—followed by a breakout movement in the same direction as the initial large movement, which represents. Buy with stop loss close below 29.50.
Stock can be bought for the medium term. Immediate resistance 934, medium-term levels 1187 and 1295. stop-loss can be placed below 840
Multi-year buy and hold stock Greaves Cotton! amazing buy and accumulate at lower levels. Has everything going for it. Can be a multibagger, will be hard to get once it crosses 150-153. Keep an eye and accumulate with 2 years horizon! pls take this seriously. Biggest beneficiary of EV story!!
for trading not for investment
The entire textile sector is getting a good move. Stock is very good for investment. this pattern is a continuation trend.
Ascending Triangle Bullish Breakout
Diversion in RSI. Look at this too
The entire cement sector is performing well. The effect of this boom will also be seen on it.