NSE:GRSE - Garden Reach Shilbuilders is showing a good, clear upmove after breaking a rectangle consolidation zone. In last 1 week's trading session it shows a strong positive upmove with increasing volume build up. Perfect to poise to move towards 550 zone in near term. Buy zone: 495-505, SL: 480, Target: 550
Rounding Bottom Formation. Rising Wedge formation. Trade: Buy > 736, SL: 730, T: 743/750 Sell < 727, SL: 733, T: 720/713
A downward regression channel. Daily candle is bullish, crossing the mid of the channel. See the volume, very high. Most likely price hike will sustain. Trade: Buy > 474, SL: 471, T: 478/482 Sell < 468, SL: 472, T: 464/460
NSE:FACT is showing a bullish breakout with the following: An 8 month long resistance line is broken out. See the volume build up over last 4 sessions. Awesome. Fertilizer space is anyway bullish. Trade: Buy above 155, SL: 150, T: 160/164
NSE:JKTYRE is showing a good range breakout with very high volume spout. The symmetrical triangle as well as rectangular range is broken out with high volume. Trade: Buy above 199 (today's closing), SL: 188 (today's 61.8% Fib Range), Target: 205, 210 (Higher order Fibs)
Symmetrical triangle (Pennant) breakout happens. Let it stay above the next immediate resistance 115. Then go long. Buy above 115 Target-1 120, Target-2: 128 SL: 109
Logic : W pattern neckline. Consolidation after a steep uptrend, with a bullish engulfing daily candle. Trade : Buy above 1112, SL: 1090. T: 1125/1140
Logic : It's in the support line of H&S neck, a long term demand zone. Trade : This is not for intraday. Keep it in watchlist please. If price breaks below the 1440 level, sell with SL: 1490. If prices breaks above 1530, buy with SL: 1490.
A nice descending triangle formation is created in NSE:GRANULES . Potentially price can break out or break down in any direction. Trade: Buy above 365, SL: 355, T: 372/381 Sell below 355, SL: 360, T: 348/340
There is a steep downtrend. After that a bullish engulfing pattern is formed exactly at Support level The support is actually a long term support. Previously every time price reaches there get a nice support and starts little consolidation. This time also it presents a reversal formation there. Trade: Buy above 580, SL: 560, T: 610 Sell below...
A Very Nice Falling Wedge / Descending Triangle pattern breakout ready. See the 350 level, multiple time bottom over long time. Trade: Buy above 365, Target: 390 / 415. SL: 350.
High Tech Pipes Ltd has some of the following features: A rounding bottom formation and breakout A rectangular consolidation over time and price is staying above it Trade: Positional Buy at CMP with a SL of 625, Target: 685. (CMP: 657)
NSE:JINDALPHOT has a nice, copy-book rounding bottom formation. It has the following properties in the chart: A perfect Rounding Bottom formation. A perfect ascending triangle formation. Buy above 420 with a SL to the neckline of the rounding bottom (i.e. 400). Below that the SL can be revised to 394.
NSE:JAYBARMARU is showing a bullish breakout with the following traits: A perfect Cup&Handle Patten breakout above 200. Prior to that an inverted H&S pattern is created. Buy at 200 with a SL of 194/195.
NSE:NHPC has an interesting formation in the monthly chart, a perfect rounding bottom / saucer formation. It can be flying saucer as well :) Some features noticed in monthly chart: A 12 years long Saucer formation breakout. ATH attained. There is a clear ascending triangle, basically a nice uptrend channel (shows as cyan colored channel in the chart). ...
In the NSE:IDFCFIRSTB shares, we can see the Elliot Wave pans out nicely. See the outer wave marked in green 1-2-3. We are in the motive/impulsive 3rd wave. Now in the motive 2nd wave, there are again 5 subwaves formation. We are at 3rd motive inner wave. So it is 3-3 wave overall. Hence a retesting of the long term support (which is also a neckline of...
This relatively less known stock NSE:GRAVITA is showing some pretty interesting breakout ready pattern. Reasons (Many ways you can view it) A head-and-shoulder pattern formation near-to-breakout Rounding Bottom formation completes since Feb'2022. Closed above a long-term resistance line around 380. Buy above 388, SL: 379.
A very interesting chart formation. Let me explain: There is an outer rounding bottom at the outside (since Jan 2022), followed by rectangle a consolidation. Inside the outer rounding bottom there is another rounding bottom, followed by a rectangle consolidation. After the inner rounding bottom - just note the big green candle. Who knows the same will...