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Supplyanddemandanalysics

MOL | Breakout Above Supply Zone | Flag + 200 EMA ConfluenceMOL | Strong Breakout Above Supply Zone | Flag + 200 EMA Confluence Previously shared around the ₹70 level — now showing clear strength with a decisive breakout above the supply zone, backed by strong volume. ✅ Breakout Confirmation: Price has convincingly breached previous resistance, which now acts as support. The volume accompanying this move adds weight to the breakout. 📈 Flag Formation (Daily Timeframe): A clean bull flag is visible on the daily chart — a classic continuation pattern indicating further upside potential. 📉 200 EMA Support: The 200 EMA is holding well and aligns perfectly as a dynamic support, reinforcing the current bullish structure. 🧾 Fundamentals Supporting the Technicals: Recent quarterly results suggest the bottom may already be in place, adding a fundamental tailwind to the technical setup. 🟢 Conclusion: This zone offers an excellent area of value for swing traders and position holders. Watch for sustained momentum and retests as potential entries.
NSE:MOLLong
by srikartiram
2
GICRE - UPSIDE POTENTIAL OF 40%Hi All, General Insurance Corporation of India - CMP (406) Market Cap - 71309 Cr Stock PE - 10.7 Book Value - 315 Promoter Holding - 85% EPS - 38 As per the technical pattern on weekly timeframe, price action has formed Bullish Continuation Pattern and is currently trading at lower channel of the trend formation. An upside of 40% is clearly visible over coming months which is the upper channel of the bullish pattern. In the current week, price action has broken the horizontal resistance as well confirming the upside in near future. Relative Strength has also turned positive on all major time frames. As per fundamentals, Stocks is still undervalued at PE of just 10.7 with sector PE of 17. Healthy Dividend of 20.4% CAGR growth of 24.1% over last 5 years Hope everyone enjoys this trade! Happy Trading, Thanks, Stock-n-Shine
NSE:GICRELong
by Stock-n-Shine
2
RELIGARE - MONTHLY CHART (INTERESTING PATTERN - NO TRADE YET)This chart is extremely interesting to study Look at the pattern During first contraction, there was a huge supply which took the price to abyss levels of 17 from levels of 280. The contraction measured 91% as per the scale Second contraction supply got limited to only 50% retracement & in the third it was only 28% This shows diminishing supply pattern. Price action give a successful breakout but went into consolidation. The least line of resistance is 285 & it should be kept on radar
NSE:RELIGARE
by Stock-n-Shine