Trend Breakout: Arihant Capital has broken out above the crucial level of 80, signaling a potential shift in the trend to the upside. Weekly Candlestick Strength: The stock exhibits a strong closing with an engulfing candlestick pattern on the weekly timeframe, indicating significant bullish sentiment among investors. RSI Breakout and Volume Surge: The Relative...
Technical Breakout: HMVL is showing signs of a bullish breakout with a W pattern formation, indicating a potential reversal of the previous downtrend. Volume Confirmation: The breakout is accompanied by high trading volume and an engulfing candlestick pattern, providing strong confirmation of the bullish momentum. Sector Potential: Media sector stocks, including...
Support Zone Analysis: Aptech appears to be finding support within the 215-220 range, a critical level that has historically held firm. Long-Term Trend Observation: The stock has been trading within a parallel zone for approximately 3.6 years, indicating a strong tendency to adhere to this trend. Future movements may likely follow this established pattern. RSI...
Technical Analysis Overview: NDTV is currently exhibiting strong bullish momentum, positioned well above its support zone and indicating potential for a retest of the 425 level. Flag Pattern Breakout: The stock is on the verge of breaking out of a flag pattern, suggesting a continuation of the upward trend. 50 EMA Support: The 50-day exponential moving average...
-Looking very strong from here- this can give more 60-70% return -Strong breakout candle with high volume -rise in rsi shows strength in momentum
-23 YEAR old resistance breakout with very high volume and strong momentum -in bearish market also not ready to fall -trading above every major ema, adx is high , macd crossover done, rsi bullish every single indicator showing strong momentum -results are also excellent my expectations are very high -this can be double in next few months keep on radar
-currently near strong resistance zone and respecting it but overall stock is very bullish and should easily break this resistance -volume from last few weeks is very high with strong green candles shows strength in stock -trading above all crucial ema & sma , adx is high shows strong momentum -keep eyes in this stock it can give good return positional
after breakout came back for retest now retest also done and closed in strong zone with bullish candle now it should continue the rally keep on radar it can give decent return
-back to back red candles now sellers not showing strength and currently its in support zone high chances are that it will reverse from here -volume is just decent in support if it was high then probability of further fall was high but its low -trading near 2 strong support zones horizontal line and 400 ema both are very crucial zone and should not break -keep...
-Bullish Candle With High Volume Looking Very Strong -Taking support in trend line + Horizontal line -trading above all crucial ema & sma should continue rally from here -it was just a shakeout keep in radar can give decent return
-currently in very crucial support zone should reverse from here -50 ema zone is near and trendline from lower side -above todays high i am expecting it to hit 52week high one again -keep in radar can give decent return
-Zensartech Taking Strong Support On 50 EMA + Trend + Previous Resistance -rise volume + rsi + Adx momentum is very strong -trading in a parallel zone from last few weeks and should continue now -above todays high it will attempt 680 level soon -trading above all crucial zones keep in radar it can give good return
✅ Resistance breakout + retest done ✅Taking support from lower levels ✅50 EMA is also supporting ✅Rise in volume+ RSI shows strength ✅Strong closing
📈 Greaves Cotton @174 ✅Cmp 169 buy above given price ✅Breakout of 2.5 range and trend line ✅Taking support in previous resistance ✅Rise in volume ✅Rsi bullish Divergence with strong momentum
📈 FSL @220 ✅Cmp 216 enter above 220 only ✅ Rounding bottom pattern ✅ increase in FII holding ✅ Revenue increasing better than peers ✅ Overall fundamentals are good and over performed peers in last few years
📈 MTNL @51-53 ✅ firstly broke 11 year old trendline then came back to retest and sustained there for 1.9 year, now already broke 15 year old resistance with strong candle and high volume ✅Rsi bullish Divergence in monthly time frame says a lot, momentum is also very strong
everything mentioned in chart, besides that indicators also supporting the analysis.
-after breakout coming back to retest previous resistance , after retest it should attempt 38/44 level soon -green candle volumes are high and follow on sell pressure is very low -trading above all crucial zone ema and sma -keep in radar it can give decent return