DevabratAcharya

DevabratAcharya Updated 

Technical Analysis : Strength : Good Chart Type: Weekly Chart Pattern : Inverse Head and Shoulder RSI : Above 50 Price : Above 20 MA

DevabratAcharya Updated 

Technical Analysis : Strength : Weak Chart Type: Daily Chart Pattern : Ascending Triangle RSI : Above 50 Price : Above 20 MA and below 200 MA View: Breakout and Positive results Targets : 415, 426, 437, 450 Supports : 394, 375 The price is currently below the 200-day moving average. This suggests that there is a possibility that the price may not move soon,...

DevabratAcharya Updated 

Technical Analysis : Strength : Weak Chart Type: Weekly Chart Pattern : Bullish falling wedge RSI : Below 50 Price : Above 20 MA and 200 MA View: Breakout and Positive results Targets : 205, 210, 215, 220 Supports : 198, 193, 188

DevabratAcharya Updated 

Technical Analysis Chart type: Daily Chart Pattern : Cup and Handle RSI: Above 50 Price: Above 20 & below 200 SMA The chart pattern is a cup and handle, and the price is close to breaking out, which is a good sign. However, the price is currently below the 200-day moving average. This suggests that there is a possibility that the price may not move soon, but...

DevabratAcharya Updated 

Technical Analysis Chart type: Daily Chart Pattern : Symmetrical Triangle RSI: Above 50 Price: Above 20 & 200 SMA View: Breakout and News Expected Targets : 2260,2300,2340,2400 Expected Support: 2200,2160,2100

DevabratAcharya Updated 

Technical Analysis Chart type: Daily Chart Pattern : Sideways RSI: Above 50 Price: Above 20 & 200 SMA View: Resistance Breakout Expected Targets : 900,910 Expected Support: 980,970

DevabratAcharya Updated 

Technical Analysis : Chart Type: Daily Chart Pattern : Inverse Head and Shoulder RSI : Above 50 Price is above 20 days MA and 200 day MA Expected target : 990-1000

DevabratAcharya Updated 

Technical Analysis : Strength : Weak Chart Type: Daily Chart Pattern : Bullish Flag RSI : Above 50 Price is above 20 DMA and Below 200 DMA Expected target : 2360, 2400 Expected Support: 2277 The new expected Targets would be 2300, 2325, and 2350 if the stock reaches the support level before the current targets.

DevabratAcharya Updated 

Technical Analysis : Here are some key points to note about Axis Bank's chart: 1. Successful Breakdown of Head and Shoulders Pattern : The chart shows a successful breakdown of a head and shoulders pattern, which is typically a bearish signal. This suggests that there is a downward pressure on the stock price. 2. Failure of Double Bottom Pattern : The chart...

DevabratAcharya

Technical Analysis : Chart Type: Weekly Chart Pattern : Inverse Head and Shoulder RSI : Above 50 Price is above 20 days MA and below 200 day MA Expected target : 390-400

DevabratAcharya Updated 

After numerous rejections from the resistance, a breakout finally occurred. The price is above the 200-day moving average. Price is trending above its 20-day moving average. The breakout candle has proper volume, so it can't be called a fake breakout. Resistance Breakout in KPITTECH

DevabratAcharya

Technical Analysis: The ICICI Bank chart shows several bearish signals. 1. The price has failed to cross the previous lower high, indicating a lack of bullish momentum. 2. The price is below both the 20 and 200 moving averages, which is typically seen as a bearish signal. 3. There was a previous attempt to breakdown, but it failed, leading to a double top...

DevabratAcharya

Technical Analysis: Note on HDFC Bank chart: 1. Over the past 5 months, HDFC Bank's price has been moving within a certain range. 2. Currently, the price is hovering around its support level, but is trading below its 20-day moving average. While there are several support levels, all of them seem weak at the moment. 3. The 1500 level appears to be a strong...

DevabratAcharya Updated 

Info about the Stock 1. Torrent Power Q3 profit surges 86% YoY to Rs 685 crore, revenue grows 71%. Announces dividend at Rs 22 per share. 2. FNO stock. If you are safe investor buy this stock at the Support : 496 . Technical Analysis A breakout occurred after a series of declines.The breakout is so much more powerful that the price opens as a gap-up. The...

DevabratAcharya Updated 

After forming head and shoulder patterns, a breakout occurred. Is it a trap? lets find out. The Price is trending above its 20-day moving average. The good thing is that the price is still above the 200-day moving average. The breakout candle has proper volume , so it can't be called a fake breakout

DevabratAcharya

In the world of trading, there is a common phrase that is often used when discussing market trends: "selling on top" and "buying on the bottom" on intraday . This strategy is based on the idea of entering in a position in a market trend in order to maximize profits while minimizing losses while market is in trend. By the way, make sure you know the trend . When...

DevabratAcharya

Technical Analysis A breakout occurred after a series of declines and consolidations. The RSI is above 60, which is a sign of bullishness. The price is trending above its 20-day moving average. The price is still below the 200-day moving average, but we will see. There has been an increase in volume over the last few days. which is a good sign. The breakout...

DevabratAcharya

A breakout occurred after a series of declines. The Price is trending above its 20-day moving average. The good thing is that the price is still above the 200-day moving average. The breakout candle has proper volume , so it can't be called a fake breakout