fundamentally good earnings also positivse trading inside channel, now there is double bottom also going incase of breakout wait for retracement and go for entry
Detailed View about this Breakout: No.of Resistance: 8 No.of Support: 8 Consolidation days : 475+ days I Post educational chart for 3 Swing / Potential Stocks Everyday. Check Related Ideas section for more Swing Stock analysis.
Detailed View about this Breakout: No.of Resistance: 8 No.of Support: 6 Consolidation Days: 400+ Days I Post educational chart for 3 Swing / Potential Stocks Everyday. Check Related Ideas section for more Swing Stock analysis.
NSE:SOBHA has given a breakout from trendline. 3 targets for the same are given.
Detailed View about this Breakout: No.of Resistance: 3 No.of Support: 3 Consolidation Days: 630+ Days I Post educational chart for 3 Swing / Potential Stocks Everyday. Check Related Ideas section for more Swing Stock analysis.
I Post educational chart for 3 Swing / Potential Stocks Everyday. Check Related Ideas section for more Swing Stock analysis.
Detailed View about this Breakout: No.of Resistance: 6 No.of Support: 6 Consolidation Days: 626+ Days I Post educational chart for 3 Swing / Potential Stocks Everyday. Check Related Ideas section for more Swing Stock analysis.
* B-nifty is taking support of trendline. * Class -A divergence seen on chart. * HDFC bank also showing class -A divergence. * There are good chances of up-move from here up to 45800.
JSW Steel is given breakout from triangle pattern as chart shows. Recently it was tested 773 level and reverted from support which is return move. Now it may test level 860 our previous target and next level 1010 soon.
Detailed View about this Breakout: No.of Resistance: 3 No.of Support: 3 Consolidation Days: 200+ Days I Post educational chart for 3 Swing / Potential Stocks Everyday. Check Related Ideas section for more Swing Stock analysis.
Reliance is taking support of trend line. If it sustain above 2585,it will come in bullish mode and next target would be 2929 soon.
Though parallel channel is not having good enough points on both side, however the support lines looking good. and it may not fall however I don't see immediate near.
UPL | Looks good buy with risk reward CMP : 667 SL : 590
Bharti Airtel is a very popular stock in the Telecommunication Sector, It has an average delivery% of 60%(last 1 year) and in a few days the big guns are taking delivery of it with more than 66% with increasing volume. Technically speaking it is making a beautiful support at 760 levels. I am planning for a long trade. EXPIRY is 27th MAY -1x 25MAY2023 760PE -...
Trendline retest on long term chart, weekly timeframe falling wedge BO in short term. #eicher #eichermot
Another Simple Technical Analysis which shows that market is easy and money can be made by doing simple things also. This Time there is a very simple TRENDLINE drawn in weekly time frame which had worked multiple times and again which has given another opportunity and made a Pin Bar candle at the support of the Trendline. It seems true that more than 80% is the...
SBI the largest public sector bank is forming a head & shoulder pattern on weekly charts along with a breach of neckline support from where early breakout occurred. given that ads negative trend strength is rising , If the momentum support at psi 40 breaches along with a confluence support breach of bottom trendline from 2020, then it could be retesting the...
BAJAJFINSV | Looks pleasant and potential for 25% CMP : 1400 (Dip : 1300) SL : 1200 Target : 1800 1:3 risk reward setup