KashmiraLodha

KashmiraLodha Updated 

The current area is a confluence of support An important trendline as well as testing the previous resistance.

KashmiraLodha Updated 

A good triangle pattern breakout and coming for a retest. Confirmation candle required.

KashmiraLodha

After a high volume breakout in HUL, it is coming back to restest. Good buy between 2500-2600. Favourable R:R

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Continous formation of higher lows and support on the trendline. Breakout of ascending triangle pattern expected.

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Breakout retest structure formed. spike in volume during the breakout. and low volume consolidation before the breakout. favourable R:R

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Asian paints is back to retest the previous resistance. A very important trendline lies in the same region. This confluence of support will be confirmed if any bullish candle is formed here. The risk to reward will also be favourable.

KashmiraLodha Updated 

Clean and Beautiful market structure. consolidation followed by strong breakouts and volume spikes.

KashmiraLodha Updated 

moving in a channel, the angle is very steep though. can come for a retest of the previous resistance levels.

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The stock hovering near the support zone as well as the retest zone. Has formed a convincing bullish candle. The risk to reward is favourable here.

KashmiraLodha Updated 

Selling if the price breaches the neckline of the pattern and sustains. But in a bullish market if the pattern fails, buying only if price sustains above the high of the right shoulder.

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ASCENDING TRIANGLE formation , making higher lows. prior uptrend established. breakout above 2760 and view invalid if it breaks the trendline as well as the horizontal green area of support.

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looking for accumulation in 640-660 zones. can act as demand zone. 200 ema support plus previous resistances that can act as support.

KashmiraLodha Updated 

There is a buildup near the resistance and that signifies a possible breakout and continuation of up-trend. The volumes during the consolidation are also low and the stock has been making a higher lows structure in form of an ascending triangle. Strong above 718-20,target is 2-2.5% View is invalid if price breaks the triangle on the lower side. Support at 695-700.

KashmiraLodha Updated 

intraday and short-term view : the stock is seen building up near the resistance with extreme low volumes. it has been seeing good buying volumes since the past couple of days. plus the major trend is uptrend. the risk-reward is quite good. possible breakout candidate. NSE:ASTRAMICRO

KashmiraLodha Updated 

It has given a breakout supported by high volumes and is currently consolidating with low volumes. The structure is bullish symmetrical triangle pattern. Enter after breakout of the pattern if the volumes support the breakout. safe entry above 292. target 300-301 Time horizon :short term NSE:CHAMBLFERT

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on the daily chart, voltas will be forming a morning star right at the confluence of support zone if buyers show control today. If the volumes come in today, voltas can be seen moving upwards continuing the prior trend. It has respected the 50% retracement mark and shown correction both in price and time.

KashmiraLodha

This is an extension to the analysis posted before. The stock has already given a 1:3 RR. The power sector is seeing huge inflows and that is expected to continue. Torrent power saw extra-ordinary buying volumes with low volume pullbacks. Time horizon : short term-medium term.

KashmiraLodha

After the breakout, the retest volumes have been low. The stock seems ready to break the trendline and move upwards. The trendline break should be convincing with high volume and the candle should depict buyers in control. Previous resistance will act as a support. NSE:GRASIM