1. Pattern Analysis - Pattern: Rectangle Pattern - Timeframe: 3 Years - Description: CenterPoint Energy has been trading in a well-defined Rectangle pattern with horizontal resistance at $31.50 and support at $24.00. This extended consolidation phase reflects a balance between buyers and sellers. The stock has recently approached the upper resistance,...
1. Pattern Analysis - Pattern: Rectangle Pattern - Timeframe: 2.8 Years - Description: Expand Energy Corporation has been trading within a well-defined Rectangle pattern, with horizontal resistance at $98 and support at $68. This prolonged consolidation phase represents a balance between buyers and sellers, with neither side dominating. The recent...
1. Pattern Analysis - Pattern: Cup and Handle Pattern - Timeframe: 11 Years - Description: EQT Corporation has formed a long-term Cup and Handle pattern on the weekly chart. The "cup" is characterized by a rounded bottom spanning several years, reflecting a gradual recovery from a significant downtrend. The "handle" represents a consolidation phase near the...
Mastek Ltd. 3099- Cup and Handle Pattern 1. Pattern Analysis Pattern Name: Cup and Handle Pattern Timeframe: 2.5 years Description: The Cup and Handle pattern consists of a rounded bottom (the "cup") followed by a smaller consolidation phase (the "handle"). This pattern represents a long accumulation period where selling pressure gradually weakens, leading to a...
NASDAQ:BTBT 5.35 -Rectangle Pattern -Strong Breakout with Breakaway Gap -Possible Upside 7.5-10-12 Levels -Support Near 4.5 Level #TechnicalAnalysis #Trading #Investing #Stocks
Chart Pattern Identification: The Nifty SmallCap 100 index is currently trading within a well-defined ascending channel that has held for over 1.5 years. Recently, the price action has shown a Tweezer Bottom/Piercing Pattern near the lower boundary of this channel, which is typically a bullish reversal signal. This pattern indicates strong buying interest at...
Stock Analysis Report for Cipla Limited 01. Pattern Analysis Pattern Name: Pole and Flag Pattern Cipla has formed a Pole and Flag pattern, which is a bullish continuation pattern. The flag represents a consolidation phase after a strong upward move (pole), typically occurring before a breakout to the upside. The stock is at its all-time high, with a breakout...
Breakout Chart NSE:BOMDYEING 131.5 1. Long Consolidation between the strong rectangle pattern with time frame of 5 Years 2. Breakout at 140 level in the chart 3. If price is able to break the 140 level we will have strong breakout and this will lead price towards the 200-240++ levels 4. If price is not able to break the resistance level we can see some more...
NSE:PNBGILTS 67.00 1. Symmetrical Triangle Pattern Formation 2. Trading near narrow range 60 to 69 levels 3. Volume and Price indicating some possible upside in the chart 4. Breakout at 69 level 5. Support near 60 level formed by the recent base & swing low 6. resistance near the 92 level which is formed by swing high. #TechnicalAnalysiswithMrChartist
NSE:FACT 153 1. Rectangle pattern formation (TF- Feb 2021 to Dec 2022 - 22 Months) & (Range- 85 to 152 Levels) 2. Breakout with some strong volume & Price 3. Support near 140 level (Swing Low) 4. Resistances 175 to 200 (Psychological Resistance) 5. Volume bounce during an uptrend in last 1 month. #TechnicalAnalysiswithMrChartist
Uptrend- In an uptrend, both the peaks (tops) and troughs (bottoms) of a stock chart keep increasing successively. So, every day or so, the stock price touches a new high and falls lower than it did previously. Don’t be a mistake; this need not be a lifetime high. It could be the highest the stock touched in the past few days, weeks, or months too. This steady...
NSE:INDTERRAIN 80.90 1. Cup & Handle Pattern B/o at 70 2. Pole & Flag Pattern post C&H B/o 3. Good Volume during the uptrend 41 to 81 (July to Dec) 4. Support shifted to C&H B/o at 70 (recent consolidation range) 5. Upcoming resistance at recent highs (Sep 19) at 94.25. 6. Educational Purpose only, no directly or indirect buy/sell/hold recommendation....
NSE:JMFINANCIAL 77.75 1. Strong Consolidation between the 78-55 support range we can call this range as Curve or Rectangle pattern 2. Recent candlesticks formed Ascending Triangle Pattern 3. Breakout at 78.00 level in the chart 4. Strong Volume and Price Buildup in last 6 days 5. Upcoming levels to watch 90 to 110 levels (Resistances) 6. Support at 70 (triangle's...
NSE:TATASTEEL 110 1. Breakout in Symmetrical Triangle Pattern 2. Last 3 Candlesticks strong with bullish formation 3. Support near 105-102 level (Swing Low) 4. Resistance near 115-130 levels (115 level formed by Symmetrical Triangle) 5. Support near 100 level (Swing Low) #TechnicalAnalysiswithMrChartist
NSE:DCBBANK 136 1. Breakout in Rectangle Pattern after 2 Years Consolidation 2. Breakout with strong upside in candlesticks in last 4 days 3. Support near 115.00 level (Swing Low) 4. Resistance levels 170-190 level (recent High) #TechnicalAnalysiswithMrChartist
NSE:KRBL 433 1. Stock at fresh breakout after 5 Years long Range 2. Pole & Flag pattern breakout in Daily Chart 3. Bullish Candlestick with strong volume 4. Next resistance at 560 (Swing High) 5. Support at 377 level (Swing Low or Flag's Low) #TechnicalAnalysiswithMrChartist
NSE:DCM 84.85 1. Descending Triangle Pattern formation 2. Breakout with strong two candlestick and volume 3. Next level to watch 90 and this is horizontal resistance and if price is able to break this level we will have fresh breakout 4. Support near 75 level. #TechnicalAnalysiswithMrChartist
NSE:ADFFOODS 1. Breakout in Symmetrical Triangle Pattern 2. Strong Volume and price formation between the narrow range 680 too 770 3. Upcoming levels to watch 960 to 1080 4. Support near 760 level. #TechnicalAnalysiswithMrChartist