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KPIT Technologies Ltd. chart analysis The KPIT Technologies Ltd. chart, here’s a detailed analysis: --- ### 1. **Timeframe and Instrument** - **Instrument**: KPIT Technologies Ltd. - **Timeframe**: 4-hour chart. - **Candlestick Type**: Heikin Ashi Candles, which smoothen trends and filter out noise for better trend clarity. --- ### 2. **Key Indicators and Patterns** - **ATR Trailing Stops**: These are visible as the red and green lines above and below the price. This indicator helps identify potential stop-loss levels and trend direction. - Red = Downtrend - Green = Uptrend - **Support & Resistance Levels**: - Strong support around **₹1,283** (blue horizontal line). - Resistance near **₹1,537.95** (purple horizontal line). - **Chart Pattern**: - A falling wedge pattern is identified, which is typically bullish and suggests a potential reversal or continuation upward. - **Volume**: - Volume spikes are visible during significant movements, supporting the price action. --- ### 3. **MACD (Moving Average Convergence Divergence)** - The MACD shows bullish divergence (green annotation), where the price makes lower lows while the MACD line (blue) makes higher lows. This indicates weakening bearish momentum and a potential trend reversal. - The histogram transitioning from red to green confirms growing bullish momentum. --- ### 4. **RSI (Relative Strength Index)** - RSI has crossed **76.18**, which suggests overbought levels. However, in a strong uptrend, RSI can remain overbought for extended periods. - The upward trajectory of RSI indicates continued bullish strength. --- ### 5. **Trend and Zones** - **Bearish Phase**: - The chart initially shows a clear downtrend with falling prices and bearish candlestick patterns. - **Reversal Zone**: - After forming the falling wedge pattern near ₹1,283, the price broke out upward, supported by increasing volume and bullish divergence. - **Bullish Phase**: - The current uptrend is strong, as seen in the green Heikin Ashi candles and ATR Trailing Stop turning green. --- ### 6. **Actionable Insights** - **Entry**: - A breakout above ₹1,537.95 could signal further bullish movement. - **Stop Loss**: - Below ₹1,467.13 or the ATR trailing stop (green line). - **Target Levels**: - ₹1,600 (psychological level). - ₹1,680 or higher based on Fibonacci or past price action. - **Exit**: - Watch for RSI cooling off from overbought zones or MACD histogram turning red, signaling weakening momentum.
NSE:KPITTECHLong
by ramumaurya
(SWING) BUY UNICHEMLAB ABOVE @ 784.50(SWING) BUY UNICHEMLAB ABOVE @ 784.50 ---------------------------------------------------------------------- TARGET 1 🎯: 819.35 TARGET 2 🎯: 850.10 TARGET 3 🎯: 882.10 STOP-LOSS: 754.65(4%) Analysis: RSI is crossing above 40. Price is above 200 MA and Price is currently supporting the 50 MA. Note: Trade according to the Risk Management. Above targets is depends on your purchase price.. adjust the targets accordingly.. Risk/Reward ratio should be 1:3 or 1:2.. DISCLAIMER: All information on this page is for educational purposes only. We are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing and taking any decision. We are not responsible for any profit/loss you made.
NSE:UNICHEMLABLong
by vibhor198827
TNPL: A 20% Potential GainFollowing a prolonged downtrend lasting six months, TNPL has successfully closed above both the 20-day and 50-day EMAs. This deviation from the recent trend, coupled with a noticeable increase in trading volume observed on the daily chart, signals a potential reversal in market sentiment. Based on historical analysis, a closing price above the 50-day EMA typically indicates strong bullish potential, especially when the 50-day EMA is below both the 100-day and 200-day EMAs. In such scenarios, it is not uncommon for stocks to experience upward movements of approximately 20% . Current market conditions for TNPL appear favorable at the CMP . My analysis suggests that the next resistance level is positioned at approximately 240 . For risk management purposes, I recommend setting a stop-loss around 171 to protect against potential downside risk. Disclaimer: The information contained in this technical analysis report is intended solely for informational and educational purposes. It should not be interpreted as financial advice or a recommendation to buy or sell any security. Investors are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions.
NSE:TNPLLong
by NiftyNotions
Looking for Penny stocks to invest, have a look!! AIRAN LTDA glimpse of our analysis on AIRAN LTD chart on Daily Time frame. 1)We have price reacting to the weekly order block and Fvg and giving a good move upward with good volume indicating Smart money orders coming in. 2)Down charting on 1Day time frame, we were able to spot a Change in market structure. Shift of trend from bearish to bullish. 1WEEK TIME FRAME — BULLISH 1DAY TIMEFRAME — SHIFTED FROM BEARISH TO BULLISH We are waiting for price to react back from FVG or ORDER BLOCK and ride with the trend targeting T1, T2, T3 and weekly High as the final target. This is for educational purposes only. Please do your own research before investing.
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NSE:AIRANLong
by Trade_lyst
1
Looking for Penny stocks to invest, have a look!! AIRAN LTDA glimpse of our analysis on AIRAN LTD chart on Daily Time frame. 1)We have price reacting to the weekly order block and Fvg and giving a good move upward with good volume indicating Smart money orders coming in. 2)Down charting on 1Day time frame, we were able to spot a Change in market structure. Shift of trend from bearish to bullish. 1WEEK TIME FRAME — BULLISH 1DAY TIMEFRAME — SHIFTED FROM BEARISH TO BULLISH We are waiting for price to react back from FVG or ORDER BLOCK and ride with the trend targeting T1, T2, T3 and weekly High as the final target. This is for educational purposes only. Please do your own research before investing.
NSE:AIRANLong
by Trade_lyst
Perfect Time for a Long Entry.Natco Pharma has clearly turned it's way now, after a fall of more than 20% from it's ATH, is has shown some good reversal confirmations, first being it has take rejection form Fibonacci 0.5 level as well as From it's Important Support Zone, Second being formation of two Bullish Chart Pattern i.e. Inverted Head & Shoulders and Falling Wedge pattern and it has given breakout of these pattern too. There are higher probabilities of it going towards a New ATH.
NSE:NATCOPHARMLong
by Trading_Mentor_Amaan
2
Sundaram Finance Ltd. Chart Analysis The technical analysis of **Sundaram Finance Ltd.** using multiple indicators and features, including **Heikin Ashi candles**, **ATR trailing stops**, **support and resistance levels**, and various oscillators like **MACD** and **RSI**. Here is a detailed breakdown of the key observations: --- ### **1. Price Action and Trend Analysis** - **Heikin Ashi Candles**: - The green candles indicate an uptrend, and the red candles indicate a downtrend. - There is a visible **falling wedge pattern** highlighted during the recent downtrend. A falling wedge is typically a **bullish reversal pattern**, which aligns with the price breakout seen at the end of the wedge. - **Support and Resistance Levels**: - Key resistance: Marked in purple (₹5,535.85). - Key support: Marked in blue (₹3,732.90). The price seems to have tested this support level during the recent downtrend and rebounded. - **ATR Trailing Stops**: - The red and green trailing stop lines show dynamic support and resistance. The price has shifted above the green ATR line, indicating a bullish reversal. --- ### **2. Volume Analysis** - **Volume Spike Indicator**: - The histogram shows increasing green bars during the upward movement, suggesting strong buying momentum. --- ### **3. MACD Indicator** - **MACD Lines**: - The blue and red lines represent the MACD and Signal lines, respectively. - The bearish divergence marked earlier (when the price made higher highs but MACD made lower highs) indicates weakening bullish momentum, which led to the correction. - The MACD histogram has turned positive again, signaling a bullish crossover and renewed upward momentum. --- ### **4. RSI (Relative Strength Index)** - **RSI Lines**: - The green line represents the RSI value (38.03 currently). - RSI is moving upwards from the oversold zone, which suggests a possible reversal in the trend. - Breaking above the midline (50) will further confirm bullish strength. --- ### **5. Pattern Highlight** - **Falling Wedge**: - The falling wedge is a strong reversal pattern, and its breakout suggests potential upward movement. - The breakout is supported by rising volume, adding strength to the pattern. --- ### **Key Insights and Forecast** 1. **Bullish Signs**: - Price has broken out of the falling wedge pattern with strong volume. - MACD bullish crossover and RSI moving out of oversold zones support a positive outlook. 2. **Resistance Levels**: - Immediate resistance at ₹4,450 (marked by ATR and prior consolidation zone). - Major resistance at ₹5,535.85. 3. **Support Levels**: - ₹3,732.90 remains a strong support. 4. **Caution**: - Watch for any pullback towards the support zone, especially if volume weakens or RSI fails to break 50. --- ### **Trading Strategy** - **Long Position**: - Enter on a retest of ₹4,000-₹4,100 zone (if confirmed with bullish candles). - Target 1: ₹4,450 | Target 2: ₹5,535. - Stop-loss: ₹3,700. - **Short-term Momentum**: - Monitor for MACD histogram and RSI strength to sustain.
NSE:SUNDARMFINLong
by ramumaurya