Nifty has taken rejection at the top and seems to be forming a potential Head and Shoulders pattern, which is a bearish pattern. But this pattern will only be validated if price breaks the important support zone of 16800-17000 levels . On the other hand, if the price climbs back up and breaks the resistance zone of 18350-18500 , we might see a strong bull...
NSE:INDOTECH has broken 6 year of resistance. Long trade can be taken after closing of candle above the resistance.
GNFC is developing a Cup and Handle pattern, which is a bullish pattern on weekly/monthly charts, indicating strength. Moreover, company fundamentals are also very good with zero debt and healthy ROCE. Price has started moving towards bullish territory but please do keep a strict stoploss and adequate position sizing.
Trade Wisely. We Can Just Predict. Disclaimer: I am not a SEBI registered advisor , so before entering on my view please ask your SEBI Registered Advisor . Profit is your and loss is your.
Trendline retest on long term chart, weekly timeframe falling wedge BO in short term. #eicher #eichermot
PNBHousing is in downtrend from 2017 and has been facing a weekly resistance near the trendline. It had given a breakout few weeks back but didn't sustain. However, stock has bounced back from 0.5 Fib levels and gave a weekly closing above the trendline as well as the 200 EMA(weekly) which is a bullish closing. 630 is an immediate resistance above which it can...
HDFCLIFE is in a Range since it has been listed in the market and is continuously making higher highs and Higher Lows in a weekly time frame which suggests that it is in a UPTREND and therefore can be bought at the last support level for a potential next upswing. It has come back to its support and further trading at the trendline where potentially it can take...
Trade Wisely. We Can Just Predict. Disclaimer: I am not a SEBI registered advisor , so before entering on my view please ask your SEBI Registered Advisor . Profit is your and loss is your. If you love my analysis Like And Share wherever you want..
TRADE wisely. WE CAN JUST PREDICT. Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
Arrow Greentech is small cap company. It has showed cup and handle breakout on weekly charts Favorable R:R with SL at 165 Promoter has recently bought additional shares via preferential allotment at 108 along with an investor who has bought in 3% of the company
#healthcare #healthcareglobal Healthcare global gave good breakout Looks good to go long with sl of 290. #vr
NSE:HDFCBANK Inverse Head & Shoulder under formation whose BO neckline is at 1510 Triple Bottom on Weekly Chart made on multi-year support line CMP @1450 is bouncing from Short Term EMAs. Upside from CMP ~35% Based on Fibonacci Next Tgts : 1558 - 1720 - 1980 SL : 1260 Time Frame : 3 to 12 Months For Learning Purpose Chaukhambha_Charts
NSE:LUPIN Breakout of Falling Trendline from May 2021 Weekly Closing > 50 Week EMA after 15 months signals change of TREND CMP taking support from Moving Averages Targets : 744 - 839 - 915 - 992 Upside : 43% SL : 640 RSI>55 back in BULLISH Zone
NSE:LT Cup & Handle formation in Chart Breakout Candidate Good Buy above 1960 Targets : 2090 - 2476 - 2715 SL : 1800 Upside : ~40% RSI in Bullish Zone CMP taking support from Short Term Exp. Moving Avgs
DJI's significant "Strong Weekly Closing" confirmed breakdown. Besides this, extreme volatility spurt in VIX too signaling the weakness. Although i am a learner. But this is somewhat remarkable. So sharing this view! Thanks
The analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock...
MANAPPURAM has successfully taken support at its long-term trendline for the last 6 years. The stock has touched this trendline and bounced off of it every two years since December 2016 (as shown in the chart). Another bounce happened in May 2022 and the price is still in a buy range. This looks like a good place for accumulation. Price targets can be 126, 145,...
NSE:BANKBARODA Fibonacci BO > 94 Retracement after Cup & Handle Breakout complete Now, CMP above 50 & 200 Week SMA This is a signal for start of new positive trend. Tgt: 108-126-137 SL: 78 RSI > 55 and increasing