Stock after making double top at around 1360-1370 levels has corrected nearly 30% from top. It has formed morning star pattern on weekly chart. Now stock seems back in action towards its double top. One can consider long with SL 1040 on weekly CB, for targets above 1350 levels with 1:4 RR. As it is positional trade, would take couple of months to hit the...
Key levels mentioned on chart. Kindly do your analysis before initiating trade.
Stock has made a double bottom on daily chart, with retesting its previous resistance. Previously stock faced resistance at around 118-120 levels and corrected nearly 25%. Later stock gave breakout and made a high of 146. Then, stock again corrected nearly 20% from its high and now has retested and taken support from its previous resistance levels of 118-120. One...
Key levels as mentioned on chart. Kindly do your analysis before initiating trade.
SL 1.37800 Target above 1.38300 Kindly do your analysis before initiating trade.
Key levels as mentioned on chart. Kindly do your analysis before initiating trade.
Stock has formed cup and handle pattern on daily chart. Any close above the resistance trendline, on daily CB, longs can be initiated with SL as per risk appetite, for target of 560 and above in coming weeks, months. Kindly do your analysis before initiating trade.
Levels on chart. Kindly do your analysis before initiating trade.
Stock after forming rounding bottom has delivered multi-fold returns over a period of 18 months. Also facing strong resistance at around 195-200 levels. Now any close above 195 levels on weekly CB , would take the stock to new high above 225 levels. One can keep the stock in watch-list and trade accordingly after any breakout with good volumes. Also can be...
After consolidating for few days, stock is back in action. It has made 910 as support level. One can keep SL 890 on weekly CB and ride the trend, with target open (say 8-10%), with 1:3 RR.
Levels as mentioned on chart. Kindly do your analysis before initiating trades.
Stock has broken the sloping trend-line, also closed above 340 levels, on weekly CB after 7 months (April 2021), also closed above 50 and 100 DMA. There is good price as well volume action, seen in this week. Longs can be initiated with SL as per risk appetite for initial targets of 425, 480 and 500. Since it is a long term hold, gradually stock will reach to...
Stock, after breakout of symmetrical tirangle, has delivered more than 25% returns from recommended level. One can continue to hold the stock for long term, as portfolio stock. New highs to come. Link below on my previous analysis of the stock.
Stock has formed bullish bat on daily as well on weekly chart, which is bullish. Longs can be considered with SL 790 on weekly CB with target of 870 and above with 1:2 RR.
One can continue to hold the stock for next targets of 930 and for new ATH, above 930 levels. Link below for reference of my previous analysis.
Stock today has broken and also closed above the strong resistance zone of 800-820 levels. Now any retracement towards 780-800 level would be a good buying opportunity for long term.
The above chart is of Alphageo (India) Ltd., on monthly chart. Stock has delivered over 390% returns from its low on March 2020, till October 2021. Key-points mentioned on chart. Hope the chart is useful and informative. Happy trading !!
Stock after making new high in June 2021, after almost 3yrs (previous high in Oct 2018) had a mega bull run and made another new high in August 2021. From then, the stock has corrected by almost 35% and is consolidating, with subdued volume. It has formed descending triangle pattern on weekly chart, holding 140 levels as strong support by closing above 140 on...