DBL has made a falling wedge type of pattern and with a big consolidation, it gave a breakout today with good volumes today and is now ready for big move ahead
Add some quantity at current market price and on dips
Target 5-10% easily
KEEP LEARNING, KEEP EARNING
VODAFONE IDEA has made a falling wedge type pattern on daily time frame and has given breakout from the wedge and has given confirmation of bull run by retesting the breakout zone, so now it is perfectly ready to give a big upmove in coming days . Also it has shown growth in earnings report. Keep accumulating
BUY @ 8.5-8.8
APOLLO HOSPITALS has made a perfect falling wedge structure on daily time frame after a good breakout with Big candle which will act as a strong support ahead and as per analysis it can be predicted that price will come down till that strong support level and give a strong bounce back from there which will lead to breakout and a good upside movement in it. So keep...
Tables turning for TCS, it is making a Bearish Rising Wedge pattern in Daily time frame which shows possibility of downfall in this stock so all those who are holding this stock are requested to start profit booking , also Nifty IT is looking weak so holding this stock can be risky.
Analysed by Kevin Gada
KEEP LEARNING, KEEP EARNING.
HINDPETRO (HPCL) HAD GIVEN A LONG TERM BREAKOUT LAST MONTH AND IS NOW IN RETEST ZONE , ALSO ON 1 HOUR TIMEFRAME IT IS GETTING ACCUMULATED AT CURRENT LEVLES AND GOOD VOLUME BUILD UP IS ALSO SEEN AS WELL AS IT IS NEAR TO SHORT TERM TRENDLINE BREAKOUT TOO SO ONC IT CLEARS THE TRENDLINE A GOOD UPMOVE CAN BE SEEN AND A DECENT PROFIT CAN BE EARNED WITH A RISK:REWARD...
HUL TRYING TO FORM A INVERSE HEAD AND SHOULDER PATTERN WHERE ONE SHOULDER IS YET TO BE FORMED , ALSO THERE IS A RSI BEARISH DIVERGENCE AT CURRENT AREA SO THIS CAN BE THE REASONN FOR ANOTHER SHOULDER FORMATION AND SEEING THE PREVIOUS TRENDLINE THERE IS RESISTANCE AS MARKED WHOSE BREAKOUT POINT IS NEAR THE SECOND SHOULDER , ONCE BREAKOUT IS DONE IT CAN SHOW A GOOD...
RELIANCE HAS BEEN TRADING ON A CONSOLIDATION PHASE SINCE LAST SOME MONTHS AFTER A BIG RALLY , NOW IT HAS REACHED ON THE UPPER LINE OF RANGE WITH STRONG BULLISH CANDLES IN LAST 3-4 TRADING SESSIONS. THERE IS A VERY BIG MOTHER CANDLE WHICH WAS FORMED ON 3/3/2021 AND A BREAKOUT ABOVE THAT BIG CANDLE WILL LEAD TO A BULL RUN AHEAD . ALSO ON WEEKLY TIME FRAME IT HAS...