Karurvysyabank is breaking h&s pattern #weekly chart presented WCB with good volume educational idea only
Since Nov21 the stock was trading in the range. It broke out with good volumes in the end of June23. It made a huge wick on the upside which shall be concerning but it can be the profit booking. It has retested the breakout levels recently. Last week we saw good buying coming in with volumes. For further confirmation, we should keep a watch on it and wait for a...
A new all time high close. Stock was consolidating for a while now and have gave a strong breakout of that consolidation. It's kind a flag pattern breakout too. All the key MA's are rising too. If we draw a trend based fib extension than ideal levels it can test is 100 (~161.8%) and 114-115(200%) is which we get. An ideal pullback to the breakout levels can be the...
Bank of India, forming pole and flag pattern....(pole with high volume) forming base and waiting for channel breakout.......... trade according to risk tolerance..........
Gujarat Pipavav (GPPL) Cmp 127 dated 6-10-2023 Weekly Chart ( Positional View) Investment Idea 1. Rounding Pattern BO above 127 2. 5 Years Consolidation BO 3. RSI Divergence Buy above 128 target 132-140-145-155-165-175-185-200 SL 110 It is just a view, please trade at your own risk.
NBCC Cmp 47.45 dated 4-8-2023 Weekly Chart 1. Symmetrical Triangle Pattern BO @ 44 (done) 2. Price Rise with Volume Rise 3. RSI BO Buy above 48 target 52-54-56-60-62-65 SL 40 It is just a view, please trade at your own risk.
Weekend Pick 2: Bajaj Healthcare Fundamentals : Average, Stable on Sales and Profits. Increasing Reserves but little higher on debt! Technicals : Bullish Trendline after good consolidation. *Big Volume Blast* . R 1: 550 R 2: 610 R 3: 680+ In case of fall, avg small btw 430-400 SL : 360
1 . Chart Pattern - Bullish Symmetrical Triangle 2. Chart Pattern Description - A symmetrical triangle chart pattern represents a period of consolidation before the price is forced to breakout or breakdown. A breakdown from the lower trendline marks the start of a new bearish trend, while a breakout from the upper trendline indicates the start of a new...
CDSL breaking f&p pattern good volumr and rsi trading above 20 ema educational idea only
Computer Age Management Services Ltd, FII'S Increased their Shareholding in June quarter............ price making higher low...... Small cap share trade according to your risk tolerance...........
Vascon Engineers Cmp 70 dated 5-10-2023 Weekly Chart (Positional View) 1. Cup & Handle Pattern Bo @ 70.50 2. Price Rise with Volume rise Buy above 71 target 75-80-85-90-95-100 SL 58 It is just a view, please trade at your own risk.
Ramcocement breaking long term resistance good volume and rsi target can be 1050 educational idea only
Godfrey Philips Cmp 2264 dated 10-10-2023 1. Flag Pattern BO @2225 2. Volume surge 3. RSI BO Buy above 2270 target 2300-2340-2375-2400-2450 2500 SL 2200 It is just a view, please trade at your own risk.
Coalindia breaking out f&p pattern huge volume trading above 20 ema educational idea only
PRESTIGE ESTATES PROJECTS shows consolidation Breakout on weekly chart , It has given 20 months or approx 80 to 85 week consolidation breakout and it is important. The Realty sector is also in strength . One can initiate the trade with the help of his personal research. Delivery is also very high on weekly basis. Here you are seeing the monthly chart...
The stock has seen unprecedented volumes which is a good sign and can break the resistance
Idea is based on volume profile . Confirmation only on orderflow
the stock has formed a cup and handle pattern and is expected to reverse and run till 124 levels