Stock has broken its Rising Wedge pattern with very strong bearish candles and with good volumes. Stock is also trading below its 200 EMA. After some pullback, stock can see 2140-2120 Levels.
Stock has broken down its weekly support zone and trendline, Stock has been in bearish zone for the last 8 weeks. Stock can test 480 levels soon.
Stock was in uptrend for a long time, now it is trading in consolidation from last two months, can bounce back from this levels. Good time to plan the entry as per the setup.
Stock is trading in a parallel channel, Breakout or breakdown can give a good move.
After a long consolidation, stock can give breakout from 2 bullish chart patterns. Ascending Triangle and W pattern are both considered to be bullish patterns. Closing above 2130 with good volumes can give a good upside momentum. Keeping it on Radar.
Stock has formed a descending triangle pattern and is in consolidation from last few days. Stock is trading near support and 50 day SMA. Can go in either direction. Keep in radar.
After a long consolidation, stock has given breakout from its Rising channel pattern and has given confirmation for breakout by a Doji and Marubozu. From the past 3 days, buying volume has been increasing consistently. Stock is trading above all its EMA.
With strong results, REC has given a strong breakout with heavy volumes, any retracement can be considered as buy
After a fake breakout of Descending triangle pattern in IOC, stock is looking weak with neutral results. After closing below 165, stock can achieve target of 152. Also, stock is trading under 50SMA. RSI is also near 49.
After forming a strong base, stock is ready for breakout. A closing above 2474 can move the stock to its next resistance of 2680. Stock is also trading above its 20SMA and 50SMA. A decent gain of 8% is expected.
After breakout of Trendline & Inverse Head & Shoulder Pattern, stock can reach the previous resistance and fill the gap. Can expect a moment of 10-12%.
Breakout of Double Bottom pattern in Havells and reaching to ATH. This stock can be good buy around 1590-1600 levels and targets of 1710-1720 can be achieved in the short term.
After a strong breakout from Descending Triangle pattern, stock was in tight consolidation for some days and now has given breakout from previous resistance reaching to an ATH. Stock has also retraced till resistance which is now acting like support. A swing trade can be taken for 8-10%.
After a clear breakdown from Rising Wedge pattern in January 2024, Stock has formed Inverted Head and Shoulders pattern and has given breakout from it with good volumes, more upside momentum can be expected towards ATH.
Dixon Technologies has been in a strong uptrend from May 2023. After a good consolidation and a pullback stock has broken it's previous Resistance and a strong trendline from December 2023. A swing trade around 8000 can give a decent return of 8-10% with a stoploss around 7250. Stock has also been following 50 day SMA closely. Feel free to suggest new ideas and...
Stock is trading near Strong Support zone of 683-693, Short Swing Trade can be taken for a decent return of 7-8%.