KaravaliTradingZone_Official

KaravaliTradingZone_Official

Technical View 1.All Time High Breakout with Good candle &Volume. 2. For upside rally, coming week candle has to close previous week's (Breakout candle) high (823). 3. Stop loss is mentioned for both risk averse & Risk Takers. IMP Notes 1.Promoters have pledged 37.2% of their holding. 2. Fundamental wise company is not up to the mark. 3. Please do your own...

KaravaliTradingZone_Official

PARADEEP PHOSPHATES LTD Weakly Chart Analysis All time high break with good volume and Candle. 83.45 is all time high as of now 04-01-24 11.30 AM. In the coming weeks if weekly candle closes above this price range then we can see further bullish rally. 75 Rs Range should act as strong support area if the price comes for the retest. Stock shouldn't close...

KaravaliTradingZone_Official

All time High Breakout in CDSL. 1734.40 price level was the strong resistance earlier. In this Nov month stock break that level with good volume & Candle. If its is genuine breakout then 1734 level should as support. Stock should not close under 1550 Level. if the stock close 1897 level in the weekly chat with good volume then we can expect bullish rally in...

KaravaliTradingZone_Official

Stock is nears its June 2014 High level 32.60. Its a almost 9 Year's high. Major thing is heavy volume spike in the recent years (2021-23). In this Nov month even it try to break that level (32.60) and made 35.85 as new high as on 29-11-2023. In coming months if it close above 35.85 Price zone in monthly chart then we can Expect bullish rally till...

KaravaliTradingZone_Official

Points to be Considered : 1.In Coming Weeks Stock should not close 263 level in a weekly Chart. If it close below that level then we may see a small correction till 250 Range. 2. There no such significant volumes as of now. Only if previous week high 286 level break with good candle and Volume then we can anticipate bullish movement. Considering its as Bullish...

KaravaliTradingZone_Official

At present stock is in Sideways Zone. But Bulls are slowly taking Control. Volumes also Increasing gradually. 70 will be the 1st probable target. For further Upside Strong Movement it has to close above 82.60 with good volume and candle. if Stock reach that level then formation of candle and Volume is also very important. Rest of the analysis already mentioned...

KaravaliTradingZone_Official

Cup and Handle Pattern Breakout in NMDC Steel. 40 Price level was acted as strong Resistance, now that level is broken with good candle and significant Volume. Retested that level and 41.55 was the high of the breakout candle. If today's candle closed above that level, then there is a high chance stock can move till 49-50 Range in Coming days. 38 is the idea...

KaravaliTradingZone_Official

All time High Breakout with Significant Volume. If Price Close above 515 Range in a day chart, then there is a high chance stock can move till 640 Range. Stop-loss below 445 Range. For Re-entry 480 range is good level ( Previous resistance level will act as support if its a genuine breakout) This is just a view not a recommendation. Do your own analysis before...

KaravaliTradingZone_Official

From the past two years stock has been forming triangle pattern, finally it has given breakout from this pattern with good volume. From the current price level price may correct a bit as we can expect profit booking at this level. If price closes above 181, we can expect a bullish momentum in the stock. All the possible targets are mentioned on the chart....

KaravaliTradingZone_Official

From the past few months stock was in a down trend, now it has finally given breakout from its consolidation. Previously price level of 105-108 was acting as a resistance, now price has closed above this level indicating a possible shift in the trend. If stock manages to sustain above this price, we can expect a decent rally in coming days. All possible...

KaravaliTradingZone_Official

Stock has been consolidating from past one year after a giving a strong rally of more than 300%. On 19/04/23 stock has finally given breakout from its downtrend. Price level of 275-280 which was acting as immediate resistance for the stock has been broken. In this week, if price manages to close above this level we can expect a decent rally in coming days. All the...

KaravaliTradingZone_Official

From past 4 years stock was trading in a downtrend. But some significant changes would have taken place in the company in recent 2 years, leading to price recovery and triangle pattern formation with strong resistance faced around 130 to 140 levels. Stock had given breakout from this level in the month of November with a good volume and started consolidating...

KaravaliTradingZone_Official

Stock has been consolidating from past one year after a giving a strong rally of more than 150%. On 25/01/23 stock has finally given breakout from its downtrend. Price level of 480-500 may act as immediate resistance for the stock. Major support lies between 400-410 in case price retraces in to previous channel. If price manages to close above this level, we can...

KaravaliTradingZone_Official

Triangle pattern Breakout in SAIL From the past 2 years stock was in a down trend forming triangle pattern. Finally it has given breakout from this down trend on 02/01/23 with good volume. In todays trading session price has managed to close above breakout candle. We can expect a decent uptrend in coming days. All possible targets are marked on the chart....

KaravaliTradingZone_Official

As this stock was added to MSCi Index on 30th November, we observed an extremely high volume buying with a significantly smaller candle, which indicates an significant inflow of funds from Institutions and key players tracking the index.We can expect more buying happening in this stock in coming days if it closes above 2,900 in today's trading session...

KaravaliTradingZone_Official

Classical Cup and Handle Breakout in Bharat Heavy Electricals Ltd Fundamentally this is one of the undervalued stock in the Capital Goods - Electrical Equipment sector which comes under Electric Equipment industry. 52 week high also broken and candle closes above that level with marubozu candle supported by volume. Target are mentioned in the chart. Stop loss...

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In daily chart, stock has already taken supports at demand zone and started to move up. In short time frame we can also see a previous high break of 46.60. Watch out for trend line breakout in Daily time frame for high Risk to reward trade. We can enter trade if price manages to close above 50. All possible targets are already marked in the chart. This is just my...

KaravaliTradingZone_Official

BHEL Achieved all its target and Recently broke cup and handle pattern with volume. All time high also broken along with 1.5 year channel breakout. Stock still having capacity to reach 115 in coming days.