From among the IT Pack, Infy is the one I'd love to keep a watch on.
From the high to a 30% correction, the stock is slowly inching its way up.
Forming a double bottom pattern, the current price is hovering near the neckline.
Positive with initial targets of 1750, 1900 and 1950. Above 1950, we can expect good move upwards.
The stock has strong support at...
14-07-2022 : Volume is Monthly High. Stock is already above 20 SMA on Daily, Weekly, and Monthly time frames
15-07-2022 : Volume is again Monthly High. RSI crossed above 60 on Daily / Weekly / Monthly time frames ( 6 days Back)
18-07-2022 : SMA 50 crossed /SMA 100 on the higher side. Currently formation in on Normal NR7
19-07-2022 : Normal NR7 -...
AVANTIFEED --
For past 1 month - trading in a narrow range (Consolidation)
Trading in No Supply zone. However, any small movement towards the upside is also negated due to No demand.
Trading just above the support line.
In case if breakout upside is above 426.5: the next target is 435 and then 485
If breakout on the downside below 395 -- next...
MANGCHFER giving channel BO after long consolidation seems good pick for short to medium term...
also showing cloud change over conversion line crossing base line from below
After the recent down trend stock is looking good to resume the uptrend. It has yet to break the major pivot(supply zone) and form the HH but looking at the wide bullish candles with good committed buying coming in it should break out soon. I would add some quantity here and scale up gradually if the stock moves as per the plan. Maintain the SL below the swing low...
Entry possible @160-170 range
support @160-63 range
expecting good growth in the compny.
🔹 Devyani International
Devyani International is the largest Franchisee of Yum! Brands and operates the highest outlets of KFC, Pizza Hut, Costa Cofee in India, and the company is the largest operators of quick-service restaurants chain in India. It operates 655 stores...
Jullundur Motor Agency
All studies explained in the chart
Pattern is not a matter,just try to understand the psychology behind it.
dont blindly follow me guys,here may be I am wrong.Just try to understand , what the stock telling to u. If u can't understand anything in the chart.Just leave it.
study before investing🙏
TRADE OR INVEST wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
PLEASE LIKE AND SHARE IF YOU AGREE WITH THE IDEA
Flag and Pole Pattern.
Breakout with good number of Volumes.
Study Tips:
How to Calculate Potential Target for this Pattern type breakouts?
1)Measure the Pole Length of the Flag --> Length AB = Point A - Point B.
2)Place the Pole length above Flag breakout Point --> Length CD. Where Length AB = Length CD.
3)Point C will be our Potential Target Point.
**Above all...
Hello everybody. This is my homework about trendlines and how to trade based on them. This homework is from lesson 7 of the forex 101 course by FxPassion. This analysis is for study purposes only and is not a recommendation.
03/09/2021
* After a long consolidation finally stock breakout with extremely high volume from its major resistance level ( mentioned in chart) and after breakout stock is pullback near it support level so good opportunity to buy in lower price with managing the risk and quantity management .
