After breaking resistance level of 1281, the stock price has returned to test the support. This coincides with 50 % fibonacci retracement levels. Once this level is taken support the price is likely to shootup to the levels marked in the chart. For academic purpose.
This stock is consolidating in a progressively compact range since a month. This is a upflag formation with symmetrical triangle. There is consistent progressive buying in this counter. As soon as volumes return back the stock is getting ready for upside targets @2200 +++. For academic purpose.
Already 61.8 % retracement per Ficonacci completed. 50 DMA support taken. 5 EMA, 13 EMA and 26 EMA reverse crossing almost done. % Delivery of total trading quantity is consistently around 30 %. As soon as Vol. return BO will occur. Various levels marked on the chart. For academic purpose.
Upflag Breakout - Target marked on the charts. Academic purpose. Can buy if vol. increase during the day
The price is on the verge crossing 61.8 % fibonacci retracement = 1212. The 50 dma support is also at 1212. 5 EMA, 13 EMA and 26 ema are reverse crossing also at 1212. chart pattern indicates potential Upflag BO @ 1212 +. CDSL seems to be getting ready to rear and charge for targets above 1600. For educations purpose.
After Gujarat Gas bottoms out at 631.0 it will start rising per the long term supports.
The stock has reverse from its peak and will find support only at 385 as marked in the chart. Fibonacci 0.61 retracement levels also matches with this traditional support. the stock will take support at 385 and then revisit the up trend. Volumes are not encouraging. For academic exercise.
Hindalco has broken the Resistance Level at 426.95 and is has already retested the same. if it sustains above the Resistance level, the stock will rise