GPT Infraprojects cmp 134.56 by Daily Chart viewGPT Infraprojects cmp 134.56 by Daily Chart view
- Support Zone 112 to 122 Price Band
- Resistance Zone 140 to 150 Price Band
- Support Zone tested and retested well before breakout
- Falling Resistance Trendline from ATH broken and sustained
- 2nd recent Falling Resistance Trendline Breakout too seems sustained
- Heavy Volumes surged seen over past 2 days by demand based buying
- Bullish Rounding Bottoms by Resistance Zone neckline indicate upside momentum readiness
Technicalpatterns
DCM Shriram cmp 1410 by the Daily Chart viewDCM Shriram cmp 1410 by the Daily Chart view
- Support Zone 1325 to 1375 Price Band
- Resistance Zone 1430 to ATH 1474.90 Price Band
- Support Zone been tested retested good and stock now consolidating
- *Bullish Pole and Flag pattern made around Support Zone and Resistance Zone*
- Volumes are flattish to slightly falling, need to increase for fresh upside breakout
Krystal Integrated cmp 655.50 by Daily Chart view since listedKrystal Integrated cmp 655.50 by Daily Chart view since listed
- Support Zone 600 to 630 Price Band
- Resistance Zone 685 to 715 Price Band
- Support Zone tested, retested and broken out, was resistance earlier
- Volumes are flat, need to increase for the Resistance Zone neckline crossover
- Most common Technical Indicators are seen to be turning out with positive trend
- Rising Support Trendline seems been well respected by the price action momentum
- Falling Wedge Breakout attempted by Bullish Rounding Bottoms through breakdown recovery
DEEPAK NITRITE : Cup & handle After the formation of cup & handle , stock has given breakout & formed a nice support near 1600 level before giving today's big move as a breakout. Keeping SL of 1650 one should buy this stock on current level & add on dips (if any) and look for the measured target area of 1950 zone in coming sessions.