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Weeklychart

Weekly Cup and handle Breakout in LGBBROS?Cup and handle Breakout in LG Balakrishna & Bros weekly chart. Stock has given breakout from its cup and handle pattern. For pattern confirmation price has to close above 755 in weekly chart. 730-680 levels should act as strong support if the price is coming for the retest. For further strong up move, price has to close above 775. All possible targets are marked on the chart. Can maintain strict Stop loss for the trade at 620. This is just a view, not recommendation to trade. Do your own analysis before making any investment. Do like and share this idea and share your opinion in the comment section. NSE:LGBBROSLTD
NSE:LGBBROSLTDLong
by KaravaliTradingZone_Official
BEARISHNESS in KAVERI SEEDNSE:KSCL The prices have given breakdown from the Head and Shoulder pattern in weekly timeframe. The stock is underperforming the NIFTY from 2Y which shows weakness and bearishness. The MACD indicator is bearish. The RSI is under 50 which shows weakness. The SL is around 520 levels and the target is around 340 levels. This view is for 1 to 6 months. Disclaimer : This is my own view and analysis. This for educational purposes. This is not a recommendation, call or a tip.
NSE:KSCLShort
by Kunal-Battu
Weekly cup and handle breakout in West coastStock is having potential to reach 700 range, as we can see cup and handle breakout with good candle & volume. For that stock has to sustain above 400 range in this weekly. as we are analysis weekly chart. At present we can see 52 week high and its all time high 414 level is broken. 420 range is the best for 1st re entry price, next 400-405 Range for averaging. Stop Loss for averse trader will be 350 Range, and for risk taker 280. This is just a view, not a recommendation to trade. Do your own analysis before taking any trade. NSE:WSTCSTPAPR
NSE:WSTCSTPAPRLong
by KaravaliTradingZone_Official
10
Prob Cup & Handle pattern,TWL Stock is waiting for breakout WK?There is a high probable Cup and Handle pattern forming in Weekly Chart. 123.90 was the 23 Apr 2018 High, from that level Stock started falling. After 4 year, in Jan 2022 it again came to that level & got rejected. Now again stock came to that level which gives an idea that bulls are interested & bounce back very quickly, even made new high of 127.65 but couldn't sustained. That's why breakout was not confirmed, when ever it break that level with good candle and volume we can take long position by keeping proper stop loss and risk reward. We can see major trend line which further confirms bulls are in control in the recent weekly, So watch out for that trend line also, if it break that support, then we may see down trend or consolidation phase. If any one taking long position 89 will the strict SL. Fundamentally stock is not that much strong, so deploy capital based on risk apatite. Targets are given the charts, Technically stock has a potential to reach 220 plus. Before that it has to cross mentioned target first. This is just a view not a recommendation to trade. Do your own analysis before taking any trade. NSE:TWL
NSE:TITAGARH
by KaravaliTradingZone_Official
GRP Ltd Weekly Cup and Handle Breakout & all time high breakout?Recently we can see a Cup and candle Formation(5 years), and this week, cup and handle pattern broken with maruboze candle which is supported by good volume. supporting this pattern , now its all time also broken and formed new high of 1914.70. For the further upside movement its should break 1915 properly in a weekly chart, then is can go till 2840 range at the same time 1815 must act as Major support if it is a genuine breakout then we can keep SL of 1700. Technically Stock is having potential to reach 3000 range. Situation 2: If it is coming for retest then 1600 should act as major support and good chance to enter by keeping SL below 1430 ( Less Risk Takers) and for risk takers 1195 will the SL. Share your opinion in the comment section. This is just a View not recommendation to trade, Do your own analysis before taking any trade. NSE:GRPLTD
NSE:GRPLTDLong
by KaravaliTradingZone_Official
Weekly Rounding Bottom formation in Swanenergy Stock is near its all time high and we can see possible rounding bottom formation in Swanenergy. Power Sector is in uptrend, we can see in ADANIPOWER and TATAPOWER. Swanenergy's all time high is 236 and in day chart price is closed above that level(242). if it breaks 230-250 range with good volume then stock can go till 385. Fundamentally company is not that much good so do your own analysis before investment. Its a purely technical call
NSE:SWANENERGYLong
by KaravaliTradingZone_Official
ESTER |Ready for Next Leap of 50% after 10 Month Consolidation NSE:ESTER 10 Month Long Consolidation in range of 125-150 since April 2021. Double Bottom (Bullish Pattern) at 50% Fibonacci Retracement of previous swing high. Taking Support on 50Week SMA & Bouncing Back. Long Wicks Formation means Sellers unable to bring the stock down. Accumulate b/w 136 - 120 as Stock will gain more strength above 140 Targets : 162 - 180 - 200 - 232 SL : 110 Golden Cross Over Positive RSI Divergence in Weekly Monthly RSI >60
NSE:ESTERLong
by manuvsingh