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#BLISSGVS The stock made a rounded bottom from 2020 to 2022#BLISSGVS 💕 The stock made a rounded bottom from 2020 to 2022, and it appears to be in the process of forming the handle, which suggests a bullish continuation if the stock breaks out above the handle resistance level. The stock has been in a sideways trend for a significant period, especially between late 2021 to mid-2023. Recently, from early 2023, the stock has shown bullish momentum with higher highs and higher lows. The current price action is testing previous resistance around 130-135 INR ,indicating a potential breakout.
NSE:BLISSGVSLong
by EmpireCrown
Short-Term Pullback Suggestion (RPPINFRA)º Cup & Handle Pattern: The overall structure appears to be a Cup and Handle formation, which is a bullish reversal pattern. The price completed the cup recently broken out of the handle formation. A breakout above the 249-250 level seems to be crucial, signaling strong upward moment um .Resistance Levels: There is a horizontal resistance zone marked around 249-250 levels. The stock has tested this region but has not yet sustained a clear breakout. The next major resistance is at the 275-280 levels, which may act as a profit-booking zone. Support Levels: Immediate support lies around 195 and 160, which a lighted as MOB (Make or Break) levels on the chart. These are crucial levels where the price could find support if it retraces.
NSE:RPPINFRALong
by EmpireCrown