This is simple Monthly Chart of COLGATE PALMOLIVE (COLPAL) and it is respecting the trendline and the resistance line, thus in a UPTREND CHANNEL since 2009. Long term trend always prevails in the market, Even if someone is stuck in a stock at wrong time but if its longer trend is in uptrend there are high chances that it will recover some day. High time frame...
KTK bank Stage analysis - Stage 2 breakout. Entry - 155-162 SL - 144.8 Note : Only for learning, trade at your own risk.
Identified a triple bottom formation, which is a bullish chart pattern that suggests a potential trend reversal from a downtrend to an uptrend. This formation occurs when the price of an asset creates three distinct lows at or near the same level, indicating that buyers are stepping in to support the stock at that level. There are two possible outcomes: either...
Good Day Hello Traders, From an all time high of 945 the stock is in downtrend for a long time. In the month of OCt 2021, it touch a high of 621 then felled from there to 232. Now it started consolidating and moving up, showing strength. Keeping 300 as strict Stop Loss, one can start adding up for long-term looks like a doubler from here. Hold it patiently...
Hitachi Energy India Ltd is an India-based power technology company, which is engaged in the business of power technologies and provides a range of grid portfolios across the entire value chain. As Summers are approaching , the stock has started showing off its mood. We have seen a breakout at triangle formation. Entry to be taken only after Re-testing of the...
Stock is near life time high,expected good move from this level. Trend is upside
Stage 2A breakout entry : 950-1015 SL : swing low/ 7-12% / 898 Targets : 1219,1383,1600++, ride the trend. 3-9 months Note: only for learning, trade at your own risk.
Delta Corp Limited, previously known as Arrow Webtex Ltd., is an Indian gaming and hospitality corporation that owns and operates casinos and hotels under several brands. It is engaged in casino gaming, with the majority of its offshore casinos in Panaji, Goa.
As per the Elliot wave analysis, the downtrend of Nifty moved in a 5-wave pattern. Each impulse wave (ie waves 1,3 and 5) moved in 5 smaller waves. Waves 3 and 5 were equal in length which was 1.23 times wave 1. This fits very well into the rules of the Elliot wave. Waves 2 and 4 had a horizontal zigzag correction as expected. We can expect corrective waves...
Tata Chemical On uptrend & had a good Breakout .. Can Go Longs
Wonderla Holidays stage 2 continuation breakout chart. Entry 365-370 Stop loss 332 Position size - 10% of the trading capital. Note : Only for learning, trade at your own risk.
Chamanlal Setia Exports Ltd (CLSEL) Bullish on this stock. Even with so much of panic selling in the overall market Volume on the bearish candles are not so great. Stock is in the uptrend. Forming Hammer candle near 55 SMA level which is also 0.382% level of Fibonacci retracement which might be a sign of bounce back. Target 1: 135 Target 2: 140 SL for a...
Stock has been consolidating from past one year after a giving a strong rally of more than 150%. On 25/01/23 stock has finally given breakout from its downtrend. Price level of 480-500 may act as immediate resistance for the stock. Major support lies between 400-410 in case price retraces in to previous channel. If price manages to close above this level, we can...
As promised,I have come with the Indian stock market analysis.In this chart,ICICI bank is forming a double bottom pattern in 15m time frame.The first half of the pattern is already formed,now we can catch the other half of the pattern.Also,there is a divergence on RSI,the volume indicator showed the strength to upper side.If the stock opens tomorrow with high...
Strong bullish weekly candle close above 164.20 on January 6th will lead to bullish in upcoming weeks. Black color trend line will act as a resistance. We can expect the price movement on the upper side till the trend line. Wait for the weekly close and make your move.
Chamanlal Setia Exports Ltd. giving MONTHLY trendline breakout. targeting for 175 mid-term. with 115 SL.
#POLICYBZR #PBFINTECH Med Term view (3-4 mths) After forming a bottom @ 370 (5 wkly retests) Gave a #icmc brkout from 400 levels, subsequent brkout retests have been to upto 440 Wkly cls abv 468 opens up 500/515 Wkly cls abv 524 opens up 570 Stoploss - wkly clos below 438
Stock to watch for long term Clearly up trend stock Infra stock in focus atleast till budget