KaravaliTradingZone_Official

KaravaliTradingZone_Official

Parallel Channel Breakout in Hikal Limited Stock was trading in a channel from past one year. Now we can see this channel has been broken with good volume and candle. Stock has a potential to reach 500+ level in coming days. Ideal stop-loss be at 240. This is just a view, not a recommendation to trade. do your own analysis before taking any trade. Share your...

KaravaliTradingZone_Official

Stock is at important Supply Zone. For Upside rally stock has to close above 323 level and it has a potential to reach 400+ in coming weeks. Now, 265-275 Price range is very important demand zone. 250 will be the next major Support. 240 will be the ideal SL. We will update once the breakout is confirmed. This is just a view not a recommendation to trade....

KaravaliTradingZone_Official Updated 

Stock is at important Supply zone. For the upside movement stock has to close above 290-300 Level with good candle & Volume. There is high chance for a retest , if it is coming for retest then 250 level should be strong support. If it break that level then upside movement will be paused for some time. Stock has a potential to reach 380-400 level, if it close...

KaravaliTradingZone_Official

Updated View All time high as wells channel breakout in Astra Microwave Pr in daily chart frame. Stock broke its important Supply zone with good volume and candle. For the upside movement stock has to close above 313 Level with good candle & Volume. There is high chance for a retest , if it is coming for retest then 290 level should be strong...

KaravaliTradingZone_Official

15 years Channel breakout in Ruby Mills. Stock has a potential to reach 900 range in coming weeks. For the further upside movement stock has to close above 587 range in a weekly chart. Now, 500 range should act as support. 425 will be the ideal SL. This is just a view not a recommendation to trade. Do your own analysis before making any trade. Share your...

KaravaliTradingZone_Official

Multi-year channel breakout in Nava LTD. In weekly chart we can see a clear breakout in Nava ltd. 231 range was the all time High. Recently that level brokered therefore it should turn as immediate support range. Stock has a potential to reach 400 level in coming days. For that it has to sustain above 250 price level in weekly chart. 195 will the SL. This...

KaravaliTradingZone_Official Updated 

Himadri Speciality is forming flag & pole Pattern in a daily chart frame. If today's candle close above 88 range, then we can see a clear breakout and it should confirmed by next day candle. After this breakout stock will test 93 range first, once it break 94 range, it has a potential to reach 112 range as per the pattern. Ideal SL will be below 78. Wait...

KaravaliTradingZone_Official

Channel breakout in Kirloskar Oil Engi. Stock has a potential to reach 200-220 Range. 12 Aug we saw breakout candle with good volume. For upside movement stock has to close above 180 range . 170 should act as immediate and important support. Risk averse can keep 160 as SL. Risk taker can keep 149 as SL. This is just a view not a recommendation to trade. Do...

KaravaliTradingZone_Official

From few months stock was trading in a sideways channel, now it has given breakout with good volume. If we observe short-term chart, stock has already given a symmetrical triangle breakout for which final target is not yet achieved. We can expect a good upside momentum if price closes above 905. 830-845 levels should act as strong support. Considering the...

KaravaliTradingZone_Official

Stock has broken its previous resistance and has closed above its previous swing high of 768. In case stock is coming for retest, Immediate support can be found at 755-745 levels. For further upside movement, stock has to close above 785. Stop loss can be placed at 730 for risk averse and for risk takers, SL can be 690. Overall analysis is given in the...

KaravaliTradingZone_Official

Possible Channel pattern breakout in Devyani. Stock is at important Supply zone, today we can see a breakout candle which is also supported by decent Volume. Stock has a potential to reach 250 range (Channel Breakout pattern) Stock has to close above 200 (Psychological price level) as well as today's High. If the follow up of candle close above these level,...

KaravaliTradingZone_Official

Stock was trading in a sideways channel, now it has given breakout with good volume. In the short term, price is moving in an uptrend with support which is marked on the chart. Also, there was a triangle pattern breakout which has already reached its target. If daily candle of 10th Aug manages to close above breakout candle high, we can expect a good up move...

KaravaliTradingZone_Official

Stock has already given breakout on 1st August with good volume and now it has retested previous resistance level of 815-840. Increased volume on retest candle suggests bulls are still in control. For further strong momentum, stock has to close above 910-915 levels. If anyone entering at this levels, stop loss can be placed at 770. All possible targets are...

KaravaliTradingZone_Official

Symmetric Triangle pattern Formation in IPCA LABORATORIES Daily Chart Wait for proper Breakout or Breakdown. As of now dry volume, No clear indication of stock direction. Will update, once the breakout or breakdown confirmed. This is just a view, not a recommendation to trade. Do your own analyses before taking any trade. NSE:IPCALAB

KaravaliTradingZone_Official

Symmetric triangle breakout in solar industries. Today Important Supply Zone (2940-2970) as well as Major resistance broken with good candle and volume. For further upside rally, stock has to close above 3000 with good candle and Volume. Stock has a potential to reach 3500 level. Previous supply zone should act as support now. Idea SL -2800 and for risk...

KaravaliTradingZone_Official Updated 

Nifty 50 is in very important zone & forming triangle kind of pattern in a daily time frame, considering 29 Apr 2022 as a staring point. From 17 June 2022, the bearish movement is paused and we can see a bullish rally from that date. Therefore we can see, triangle is squeezing & Now we have to see, who take further movement Bulls or Bears ? For the bull run...

KaravaliTradingZone_Official Updated 

Wait for the proper breakdown or Breakout. Currently bears are in Control. wait for the confirmation. Overall analysis given in the chart. Do your own analysis before taking any trade. This is just a view. NSE:BANKNIFTY

KaravaliTradingZone_Official

Yesterday after the breakdown Banknifty took support around 37700 range but today that range is broken and reached channel target of 37250 level. Today morning banknifty tested its previous high 38200, unable to sustain in that range, which confirmed double top. Then we can see the sell off, after it came near yesterday low 37700 couldn't sustain. So breakdown...