UNO MINDA has been lately developing a structure of retest of a break of structure & has retested the imbalances, entry @542 looks good with a SL @524 & target @582 as marked. Volume is the key here, when it gave a breakout there was a good volume expansion and when it retested, volume faded!
This is also a retest of a descending triangle or sloping trendline,...
In the daily time frame we can see GAIL is taking resistance from a trendline, and also GAIL is near a major support zone, so if it can take support there and goes up to break the trendline then we can see a short term bullishness in GAIL.
NSE:LICHSGFIN
There's a trendline which acts as support for the stock in 1 hour time frame, chances are that it might take support at the trendline again, if that happens we can take a short term entry on the stock and hold it till it reaches 143 levels as there is a resistance. If the price doesn't go back to the trendline to take support instead moves up and a...
NSE:BANKBARODA
On Oct 21, 2022 there has been a rally in BANKBARODA and the prices have broken a high which was created on 2019. There was a small pullback and it took support at that level in 1 hour timeframe. If prices can sustain above that level for 1-2 days and the RSI goes above 70, then a short term long entry can be initiated. Else if the prices fall,...
The Stock has given a breakout from a falling wedge kind of pattern and also formed a bottom in higher timeframes.
Can be Brought At CMP from targets of 1670(Swings) and 1740(Positional Basis).
Fundamentally, Stock is very strong could be a nice time for investing (Short to medium term).
