KPIT Technologies down trend breakout, Today will confirm based on daily chart closing above the trend line. If price sustain above 548, It will move new rally towards upward. Refer mentioned upcoming Targets.
Dalmia Bharat Ltd - short-term swing
1. Efficiently break the falling wedge pattern upwards.
2. Next immediate target will be 1378
3. It may get reversal when it touches the target based on the market condition.
4. It will be applicable only for short-term swing traders.
1. I’m not a SEBI Registered advisor, my research is personal and for educational...
As we already told you in the previous charts, once it break 170 level.
We can see the upward momentum, so the stock has given breakout.
You can make a position in MANAPPURAM FINANCE above 174.
Our short term target is 185-190.
What's your view on this comment below in the box.
Nifty is in rangebound in some day before 17370 nearby.
So for tomorrow, if Nifty cross 17370 we can see the upward momentum till 17440.
If Nifty goes below 17320, we can see downard momentum till 17250.
Between these if Nifty is rangebound avoid trade for tomorrow.
#ZINC (4hr):- 247.75 CMP, at Support looks good for 253/255 (Invalid Below 245 DCB)
1) Trading at Support Zone :)
2) Volume Contraction
#Disclaimer:- View shared is for educational purposes only.
Maharashtra Scooters Ltd has a tendency to consolidate an then give a move . Previously before twice it has done the same thing . This time the consolidation has extended but looks like breakout has happened . Though there has been a little correction selling but if it retest's it can give an upward move or it can directly move upwards. Looks like a decent chart...
Hindustan Unilever has been on an upward channel for a while. It seems to be firmly heading upwards. I feel if it bounces back up from the closest support line then it will keep heading upwards. Let's see if my analysis holds true.
Stock is an upward channel.
Broke recent resistance and now is consolidating in a pennant formation.
A break above should be into above 136, for targets towards the channel resistance unless any reversal indicated.