EASEMYTRIP takes a good support at the rangebound rectangle box. Also now it is above 20 EMA and monthly Pivot. The last day bullish candle with wxcellent momentum indicates an upward movement. CMP 46.40 Support 45 Target 54.40 Risk Reward 5+
IIFLSEC is taking support at demand zone after a fall. Volume was gradually decreasing during the fall. 119 is seen as a strong support. There is a potential to deliver 36% in a short/mid term.
Rounding Bottom pattern completed in CARYSIL. LTP is at neckline zone. If the momentum continues, we can expect a 17% reurn in short/mid term.
Den Network is taking multiple supports at: 1. Trendline 2. Support zone 3. Trendline Volume is increasing. Potential to deliver 25% return in mid term
Symmetrical Triangle Pattern is progressing in HUDCO. It has a also taken support within the symmetrical triangle. Monthly CPR is narrow. CMP 202 Support 190
VIDHIING was in a consolidation for several months. Now it seems like an end to the consolidation with good volume. A strong bullish candle has broken the rectanle pattern. CMP 473 Support 454
DBREALTY near Ascending Triangle BO. Once the pattern breakout occured, there is a high potential to deliver 26% return in mid term. Very good volume buildup is also seen. CMP 282 Support 260
STEELXIND broke the ressitance zone and has taken support after a pullback. It has a potential to deliver 72% in mid term. Excellent volume is also seen from last few weeks.
Symmetrical Triangle Pattern is progressing in FINPIPE. It has a also broken a resistance within the symmetrical triangle (drawn in red line). Volume Spurt is seen which is above average volume, indicates that the stock is at Pocket Pivot. CMP 231 Support 229
Cup & Handle pattern formation completed in ZENSARTECH. The neckline has also been broken. Very High chance to continue upward trajectory.
MAGNUM takes support at Trend line with a very good bullish momentum candle. It is also just above the demand zone. Volume buildup is also seen
Trendline Breakout in #CHAMBLFERT with an excellent volume. The chart looks strong as the breakout happened with a momentum day candle CMP 372 Support 355 Tgt 460|515
TATATECH penetrated the Resistance Zone with very good momentum day candle. The volume is also seen comparatively high. High chance to broke the monthly resistance and continue upward trajectory
Multiyear Breakout occured in VARDMNPOLY with a very good momentum. Now the multi year trendline has been broken. Good volume buildup is seen. The monthly resistance has also been broken. CMP 83.05 Support 74 Tgt1- 112 Tgt2- 130
Double bottom pattern is progressing in NATCOPHARM. There may be breakout soon. The Stock PE is half of Industry PE. Volume is gradually increasing. Monthly resistance has also been broken.
Bullish Pennant Pattern is progressing in RELIANCE. It is a continuation patterns where a period of consolidation is followed by a breakout.
Most of the time from 2012 IBREALEST was in consolidation in a range except 2 times. When ever there was Btreakout (2 times), volume has given signal. Likewise Now a volume Buildup has been formed. Let us wait for the inevitable Breakout. Prior to Breakout, there is a special type of cadle formations, drawn in circles. Such type of candle formations are seen...
Ascending Wedge Breakout occured in MISHTANN. It is assumed that the stock has been in an accumulation for many weeks, as the volume is seen larger for many weeks.