The stock recently achieved a multi-year breakout, and this breakout was supported by substantial trading volumes. Additionally, there was a recent double bottom breakout on the weekly chart, and this breakout occurred following a period of meaningful consolidation. The combination of a multi-year breakout and a double bottom breakout, both with good volumes,...
Nifty has made a recent low, forming a head and shoulders. It has s formed a base at 18800 and now moved towards 20250. Now, a recent uptrend can go upto 20500 before taking a pause, but eventually to 21000 soon.
EDELWEISS looks to be taking support around the Long term BO that it did few weeks back. The base was 100+ weeks long and volumes it took to break that shows clearly on the chart. To add to support, 10W EMA is also at that very BO level now, this might be an interesting watch to see if it bounces from here.
Fantom USDT - Fantom has already printed 100% from it's bear market low - Fantom can easily move to 0.52$ with some deep Retracement's - Make sure that you are not ENTERING anywhere you are told to - 0.25-0.30 is a good value zone to hold Fantom for mid term
- Matic is currently trading in a flattish trend - No impulsive move so far looks possible in Matic - The underlying fundamentals of Matic is too strong - For Holders, I would only suggest you guys to keep adding Matic whenever you see a 5-10% RETRACEMENT - For Traders, I see 1$ coming soon but till the time Matic gives 1$ rest Alts might have pumped more so...
- Wait for Shiba Inu to retrace first because the trend looks really flat to Bearish - I wouldn't accumulate Shiba Inu at the current price neither will I recommend as well. - It's better to wait first and observe the price Action for Shiba Inu - If you accumulate the retracement then you can expect a pump of 30-40% easily
Chainlink/Link - Chainlink is currently trading at a good area - I expect link to easily take out previous highs and make a new one - If you are holding link then keep holding this until the next two quarters - Conservative targets can be 30-50$ easily impulsive ones will derive once we see a strong bull run
stock had cosolidate and breakout head and shoulder pattern create strong price action
In the Weekly Chart of LUXIND , we can see that; after Cup & Handle failure it has made a Hammer candle. Enter on breaking Hammer candle's High with Low as SL. If it breaks Cup & Handle we might see a 15-20% up move.
In the Weekly Chart of GENESYS , we can see that; it has given trendline breakout. let it retest and then enter with SL
In the Weekly Chart of TV18BRDCST , we can see that; it is leading towards the Cup & Handle breakout. Expected momentums are shown in chart.
In the Weekly Chart of BAJAJFINSV , we can see that, after Cup & Handle Failure, it has given the Trendline breakout. Let it retest or Enter on retest. Expected momentum is shown in chart.
In the Weekly Chart of MADRASFERT , we can see that; it has multiple rejections at 83-84. Expected momentums are shown in chart
#SHILCTECH SHILCHAR Technologies Limited The Week gonna be interesting. As it formed doji candle on daily chart. Constantly rising profits last 5 years. From 80-140% upside is possible in next 2-3 years. View - HOLD. Trailing stops with 20-50MA. Can be aaded more above 2900 IF CLOSES ABOVE this on WEEKLY chart. Hope this helps. Thanks for being here. 😊🙏
NSE:WALCHANNAG Walchandnagar Industries Ltd. engages in the manufacture of engineering products. It operates through the following segments: Heavy Engineering, Foundry and Machine Shop, and Others. The Heavy Engineering segment engages in the engineering, fabrication, and manufacturing of machinery for sugar plants, cement plants, boilers and power plants,...
NSE:MPHASIS Mphasis Ltd. engages in the provision of application development and maintenance services, infrastructure outsourcing, and business and knowledge process outsourcing solutions. It operates through the following segments: Banking and Financial Services, Logistics and Transformation, Technology Media and Telecom, Insurance, and Others. Trendline...
NSE:WIPRO Wipro Ltd. is a global information technology, consulting, and outsourcing company, that engages in the development and integration of solutions. Technical Analysis = Ended Elliot Correction wave at major support Zone. = Formed a doji bar on daily chart and 5 day consolidation range. = RSI and stochastic are rising from below. = The Nifty IT...
Sail already dipped from 150 to 80 around , just last quater came into profits pe at 12 disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk :)