Chart has formed Cup and handle pattern on daily time frame with crucial resistance at 360 which it has tested several times before it can go up if it manages to break this. Stock is trading at support of its 20 EMA and 100 EMA at 336. if it falls below this then next support will be at 319. RSI and MACD both are in bullish zone. Considering the above...
Chart has been forming Cup and handle pattern on daily time frame for breakouts done. All the breakouts done are with good volumes. Recently it has touched the all time high of 2023 in the last trading session and has closed at the resistance level of 1988 which it last tested in Jun 2024. Stock is trading above its 20 EMA and 100 EMA for both short term and...
Key Nifty support levels for the next week. Resistance is at 25250 and 25333. US job data for August is not as per estimates and US markets are trending below.
MRPL is trading in range (consolidation) from Feb 2024 as per the daily time frame charts. Stock is making symmetrical triangle pattern as per the charts. Stock will breakup from the long period of consolidation and is likely move up considering trend in markets and lower crude prices. Also, there is squeeze in Bollinger bands and RSI is in the buying...
📊 Script: Rail Vikas Nigam Limited 📊 Sector: Construction and Contracting 📊 Market Cap: Midcap Key highlights: 💡⚡ 📈 Stock has touched the its all time high of 647 in July 15 2024. 📈 By reading of the daily charts we can see that the chart is moving in the similar way and by making same patterns as mentioned by drawings in the chart. There are lot of DOJI and...
📊 Script: WIPRO LTD 📊 Sector: IT 📊 Industry-IT Large Cap Key highlights: 💡⚡ 📈 As per weekly charts of WIPRO the stock touched the all time high of 728 in Jan 2022 and since then the Company hs not reached at this level next resistance is at 612. As per the weekly chart there is cup and handle pattern having resistance of 538 the counter have tested this...
📊 Script: INFOSYS LTD 📊 Sector: IT 📊 Industry: IT - Large Key highlights: 💡⚡ 📈 NIFTY IT and Infosys charts seem to move in the same direction even so that the chart patters are same for weekly time frames. NIFTY IT (42913) and Infosys(1953) both touched all time high on Friday 30-08-2024. 📈 As per weekly charts of Infosys the stock touched the all time high of...
📊 Script: TATA CONSULTANCY SERV LTD 📊 Sector: IT 📊 Industry: IT - Large Key highlights: 💡⚡ 📈 Right now the stock is in upward movement as per the daily charts from Aug 14 2024 with key support levels at 4460(S1) and 4390(S2) and resistance seen at 4592 being 52 week high. RSI is in overbought category will look for divergence in case of pattern reversal. Stock...
📊 Script: TATA CONSULTANCY SERV LTD 📊 Sector: IT 📊 Industry: IT - Large Key highlights: 💡⚡ 📈 Right now the stock is in upward movement as per the daily charts from Aug 14 2024 with key support levels at 4460(S1) and 4390(S2) and resistance seen at 4592 being 52 week high. RSI is in overbought category will look for divergence in case of pattern reversal. Stock...