Crompton stock has been largely underperforming due to poor results. However, stock is now looking strong technically. Weekly breakout is done and we can expect targets up and above ATH if broader market supports.
United Spirit breaking a parallel channel #weekly basis with good volume strong rsi macd crossover #target 1370 EDUCATIONAL IDEA
BRITANIA breaking parallel channel #weekly with huge volume good rsi #target can be 6100 after breaking 5400 EDUCATIONAL IDEA
GMR Airports Cmp 90.75 dated 26-4-2024 1. Triangle Pattern BO @ 92 2. Price Rise with Volumes Buy above 92 target 110 SL 82 it is just a view, please trade at your own risk.
Good volume buildup in this type of falling market. Taken support on the trendline after breaking the resistance with good volume If breaks the current candle high then can give good move. NOTE: I do my analysis do your before trade.
Long Oil India 634 SL 620 Swing I am looking at this stock and the stock has spent a considerable amount of time in the base as shown. I trade with a specific pattern known as volatility contraction pattern. I am expecting a similar moment as shown with the yellow marker. Traders can get in this. I expect the stock to cross 700 next very soon.
Asahi Glass has been consolidating in cup & handle pattern since few years. Finally, stock has given daily closing above neckline. A weekly closing above 615 will confirm breakout. This breakout will bring momentum in stock and we can see 800 very soon. Breakout traders can keep this stock in watchlist.
Deepaknitrite coming out from a resistance zone with huge volume ang good rsi #target 2700+ EDUCATIONAL IDEA
Supreme industries breaking a rectangle box on #weekly basis huge volume good rsi #target 6400 /sl 4400 EDUCATIONAL IDEA
Its following a channel.. currently breaking out and might retest in coming days. DAILY RSI is 70 showing strength / Weekly RSI is 66 ( Showing strength) Monthly RSI 49.12 . Ideally I would want it to be above 50 but this is good and should get over 50 by the end of the month.. Price might jump to previous highs
Logic:-RSI positive divergence near trendline support followed by Consolidation breakout Epigral is yet another chemical stock showing reversal signs. It has got decent return ratios (ROE , ROCE above 30% ) and PE ratio of 18 at CMP. Relatively safer stock to bet as technofundamentals are strong together. Happy trading!
BPCL breaking a pennant #weekly with good volume and rsi #target 800 + follow ur sl stricly EDUCATIONAL IDEA
The chart is self-explanatory and is shared for educational purposes. HDFCAMC stock is currently experiencing a prolonged consolidation phase, accompanied by high volume breakouts. Additionally, it is trading above the moving averages of 50MA, 150MA, and 200MA. Considering these parameters, it is expected to move in an upward direction.
REC breaking falling wedge with huge volume good q4 results #target 660 EDUCATIONAL IDEA
M&M continuing flag pattern with good volume and rsi trading at ATH q4 stiil to declare #target 2360
IPO base structure Good basing near 21 mA iNVERTED hEAD and shoulder pattern
- Breakout with high volume - Retracement with low volume - RSI taking support at 60 let's see if we can get more than 10% here
Volume off the charts, just compare with previous days volumes Price took support at last resistance, if the price breaks current candle high can give easily 15-20% return. these type stock rarely fall and now it is. NOTE: i do my analysis, do yours before trade.