- Symbol: Thermax - Closing: Strong closing near resistance - Candlestick: Bullish engulfing candle pattern - Support: Support from lower trendline and 50 EMA - RSI Breakout: RSI breakout indicating strong momentum
- Technical Analysis: - Reversed from the support zone. - Near immediate resistance, expected to break easily. - Potential for good momentum above 1200. Trade Strategy: - Entry: Consider buying on the breakout above the immediate resistance. - Stop Loss: Below the recent support level. - Target: Based on momentum and further resistance levels.
GPPL Looking Very Strong Ready To Breakout With Momentum volume is very high , rsi is also about to break zone keep in radar can give decent return above resistance
Strong reversal from lower trendline support zone with strong bullish marubozu candle and volume is also very high, above todays high it will give decent movement
ICIL Cup & Handle Breakout & Retest Done and there is also breakout in daily time frame, volume is also high, looking al the patterns it can give good return
reversal from support zone with strong candle formation, volume & rsi also rising it will easily break upside trend can consider buying now risk reward will be high
took support at 100 ema and formed morning star pattern, there is also lower trend support of parallel channel, now the stock is ready for upside with strong momentum
- Symbol: Linde India - Bounce: Strong bounce from lower trendline and support zone - Volume: Resistance breakout accompanied by very high volume - RSI Momentum: RSI showing positive momentum - EMA Support: Supported by the 200 EMA
- Symbol: Shoppers Stop - Pattern: Near breakout of Cup & Handle pattern - Volume: High volume accompanying the potential breakout - RSI: RSI indicating readiness for a breakout - Momentum: Strong momentum, potential for decent returns
- Symbol: Reliance Infra - Trend: Trend support and resistance breakout - Volume: Breakout accompanied by high volume - RSI Breakout: RSI breakout indicating strong momentum
- Symbol: Jindal Poly Films - Reversal: Strong reversal from support zone - Volume: High volume during reversal - RSI Momentum: RSI showing positive momentum - Potential Move: Next immediate resistance is 33% away, suggesting a potential move of 25-30% from current levels
- Symbol: Steel Exchange India - Pattern: Parallel Channel Breakout - Retest: Retest of breakout level completed - Candlestick: Forming a strong Marubozu candle in the daily timeframe - RSI: RSI at support level, indicating positive momentum
- Symbol: FILATEX - Pattern: Symmetrical Triangle Breakout - Volume: High volume during breakout - Retest: Retest of breakout level completed - Support: Strong support from lower trendline - Momentum: Strong momentum, expecting a move towards 72 level soon
after a fall took strong support and formed a doji candle after that investors got confident and started buying and closed strong forming morning star pattern, from here kddl looking very strong i am expecting 15-20% upside momentum in very short term
after fall took support in lower trendline and reversed back with strong candle and high volume currently near weak resistance which it will easily break, keep eyes on it power sector looking strong
-about to break symmetrical triangle pattern after retest with high volume, rsi already given breakout with high momentum keep in radar can give decent return in very short term
-Inverted Head & Shoulder Breakout & Retest done -after a sharp fall recovered and closed in very strong zone -support from ema and sma zone -adx rising again macd about give breakout -keep in radar can give good return
-green zone is resistance zone after breaking that stock can give 15-20% rally within a week -RSI breakout already done with high volume --keep in radar momentum is strong