KaravaliTradingZone_Official

KaravaliTradingZone_Official

Previous Chart pattern analysis also given in the chart. Which shows, patten achieved all its previous target(46). Currently Stock made fresh breakout, that also its all time high breakout with good volume. Stock has a potential to reach 60 level. 40-44 Level is good for re-entry. Stock shouldn't close below 40. 38 will the SL This is just a view, not a...

KaravaliTradingZone_Official

Stock is at Important resistance level (766). If price close above that level with good candle and volume, then we can see a bullish rally in coming days. Stock has a potential to reach 950+ in coming days. 650 will the SL from the current level. This is just a view, not a recommendation to trade, Do your own analysis before taking any trade. NSE:IRCTC

KaravaliTradingZone_Official

From past few months stock has been trading in a channel. Finally it has broken from its previous resistance with significant volume. Also, recent quarter results were good. we can expect a good upside move from current levels. At this price risk reward is not attractive. So, it is better to wait for retest near 1435-1400 levels. Maintain strict stop loss at...

KaravaliTradingZone_Official

From past one year stock has been trading in a channel. Finally it has broken from its previous resistance with significant volume. At this price risk reward is not attractive. So, it is better to wait for retest near 71-68 levels. Maintain strict stop loss at 58. All possible targets are marked on the chart. This is just a view, not recommendation to trade....

KaravaliTradingZone_Official

Stock has already given breakout from its W pattern on 19th Sep, now price is coming for retest. For further upside moment in the stock stock has to close above 294. Any price between 270-260 is good level to enter the trade, with stop loss @ 242. All possible targets are marked on the chart. This is just a view, not recommendation to trade. Do your own...

KaravaliTradingZone_Official

Channel breakout in Sterling & Wilson Ltd. Earlier stock was trading in a sideways channel, now it has given a breakout with good volume. Price level of 310-315 should act as immediate support, in case stock is coming back for retest. For any further strong upside movement, price has to close above 326. All possible targets are marked on the chart. Maintain...

KaravaliTradingZone_Official

Stock has given breakout from its cup and handle pattern with good volume in Daily time frame. If stock is coming for retest its previous resistance of 540-530 should act as immediate support. For further upside movement, stock has to close above 557. All the possible targets are marked on the chart. Maintain strict stop loss at 490. This is just a view, not...

KaravaliTradingZone_Official

Symmetrical triangle Breakout in India Glycol Previously on 9th Sep stock had given breakout from its symmetrical triangle patter and now, price is coming for the retest. If you observe todays candle, it is forming a hammer, indicating upside move in coming days. For further Strong upside momentum price has to close above 980. All possible targets are marked on...

KaravaliTradingZone_Official

Stock has given breakout from its cup and handle pattern with good volume in hourly time frame. Now stock is retesting its previous resistance of 84-82. For further upside movement stock has to close above 85.80 All the possible targets are marked on the chart. Maintain strict stop loss at 78. This is just a view, not recommendation to trade. Do your own...

KaravaliTradingZone_Official

Symmetrical Triangle Breakout in Nesco Ltd. Stock has finally given breakout from its symmetrical Triangle pattern in weekly chart. Previously 625-605 was acting as major resistance, but now stock has managed to close above this zone with good volume. Going forward this should act as a good support if price retraces to its previous levels. Any price between...

KaravaliTradingZone_Official

From past one year stock was trading in a channel and finally it has managed to close above this channel. Breakout happened on 19th Aug, today price have closed above breakout candle indicating a strong upside momentum in the stock. Price level of 270-260 should act as immediate support. All possible targets are marked on the chart. Ideal Stop loss can be at...

KaravaliTradingZone_Official

Cup and handle Breakout in LG Balakrishna & Bros weekly chart. Stock has given breakout from its cup and handle pattern. For pattern confirmation price has to close above 755 in weekly chart. 730-680 levels should act as strong support if the price is coming for the retest. For further strong up move, price has to close above 775. All possible targets are...

KaravaliTradingZone_Official

Channel breakout in Exide Industries Stock has broken its previous major resistance with significant volume. Also, we can observe a Inverted Head and shoulder breakout in hourly time frame. For further strong momentum in the stock, price has to close above 174 in daily chart. Price between 165-170 is a good range to enter the trade. Stop loss can be placed at...

KaravaliTradingZone_Official

16 years high as well as range breakout supported by Rounding bottom pattern breakout. If breakout candle it is supported by volume in weekly chart then it could be much more stronger. Stock has a potential to reach 440 level. All time high was 261, now that level is broken. For the further upside move stock has to close above 271 level with good candle and...

KaravaliTradingZone_Official

Supporting to our previous weekly chart analysis of CL EDUCATE, in daily time frame we can see stock has already given a clear cup and handle breakout with good volume, which suggests there might be good price movements in coming days. Good entry would be around 165-160 range. This is just a view, do your own analysis before investing. NSE:CLEDUCATE

KaravaliTradingZone_Official

Stock has given breakout from its cup and handle pattern, yet there is no significant volumes on breakout. For pattern confirmation price has to close above 170 in weekly chart. At present Stock has given a cup and handle breakout with significantly good volume in daily chart and may come for retest at 170-150 levels. For further strong up move, price has to...

KaravaliTradingZone_Official Updated 

By this we get to know Importance of Technical analysis. 13 Years Channel Breakout Target 364. After that 2 times consolidated and again it breakout with strong buyers . Recently also same Thing happened and going towards it 13 Years Channel Target that is 364 Even though market is correcting this stock look very strong technically. Do your own analysis...

KaravaliTradingZone_Official

Flag and pole Breakout in Hikal in hourly chart Supporting to our previous analysis in the day chart (Parallel channel breakout), here we can see flag and pole breakout in 1hr time frame. which suggests there is a high chance of continuation of uptrend. To know more refer below link of daily chart BSE:HIKAL