1. Trend Overview The stock appears to be consolidating after a prolonged Uptrend Current levels (960) suggest the stock is stabilizing near its life time high levels. 2. Key Levels Support Levels: 900 This zone has acted as a psychological and technical support level, holding the recent consolidation movement. Resistance Levels: 970 A small round bottom and...
Descending Channel: The price is trending downwards within a well-defined descending channel (yellow lines), with lower high and lower lows indicating a bearish trend. Key Support and Resistance Levels: Support: 788.50 appears to be a strong support level, as shown by the blue horizontal line, below that it can move towards 725 represents a more significant lower...
Radico Khaitan Ltd is showing strong bullish momentum and is trading near its all-time highs, presenting a potential breakout opportunity. Ascending Trendline Support: The stock has been consistently supported by an ascending trendline since mid-year 2024, indicating a strong uptrend. Multiple tests of the trendline (as shown by the green arrows) confirm its...
After a fall of 34% from the High of 118.40, it took support at 77.50 for the 4th time forming a W pattern. we can see a slight volume pump. In last 3 trading session its consolidating in a range of 80.80 to 83.40, closing above 83.40 can get quick move till 85.00 where it can face resistance. Daily closing above 85.00 will activate W pattern and we can target...
W pattern Breakout Buy between 595 to 600 RR- 1:2 Tg- 640 & 675, SL- 580 Disclaimer Investments in securities market are subject to market risks, read all the related documents carefully before investing.
After the GST Increase on luxury product Ethos fall from 3500 to 2700, but soon after the strong Q2 result and strong outlook for Q3 with 47% growth in October (YoY) adding weeding seasons, the management is very positive about the growth and they said they in talks with the people for GST and it wont hurt company's top and bottom line. Ascending Triangle...
After long sideways to downside, Good volume spikes up is been seen. Along with Insider bar, Even formed a double bottom is formed and after giving a breakout maybe some consolidation and then again can move up. 70 points IB , buy call only wait for closing above 1323, Tg - 1393 Disclaimer - Only for Education purpose, kindly ask your financial advisory before...
40 points Inside Bar 1160 to 1110 Any side breakout closing can get a TG of 37-40 points, wait for Keep RR 1:2, Resistance 1200 & Support 1080
after the curb on ETHANOL blending, Cabinet Secy Likely To Hold A Review Meeting On Ethanol again and as Praj Ind is the biggest supplier of an ethanol plant in India.