Price is near its 52wk high, facing stiff resistance. Price may consolidate here for sometime before moving higher. Volume is good compared to the past few days. Stock had moved 10 points from its previous breakout, still stock has potential to move further if it sustains support zone and break its 52wk high. EMA crossover for the shorter period is another good...
Expecting some bullish move here. Volume is increasing relatively, had higher volume breakout which confirms the trend continuation. RSI coming in bullish range. Moving average golden cross adds some more confirmation of further bullish trend
One of fav stock for most of us. The stock with strong financial background and now good technical also. Ascending triangle with formation of continuous higher highs and higher lows. Strong bet for long term.
Strong move from BALAMINES yesterday, breakout with huge volume spike. Expecting strong move from hereon. RSI seems promising around buying range. Golden moving average crossover. Possible 1st target will be around 585-600.
There is a strong resistance seen on edge. If the Breakout happens this stock has strong move ahead. Volumes are pretty good on reversal, if the same volume persist with breakout we can go for buy.
Disclaimer: This is educational content, do trade with analysis.
Will be a good buy above 29, if the price breaks the neckline. Look out the volume when price expands at position 1 and 3. Relative strength against Nifty is better. Let's see.
Disclaimer: Idea is for learning, please do your analysis and try.
Strong cup and handle formation on 1D candle, stock had already moved higher. but, I'm trying to understand if my pattern is correct, can someone give me review on this. If yes, please give me an idea on fixing up target for this trade.