Daily Chart- 1. Pattern Analysis CDSL has formed a Double Bottom Pattern on the daily chart, which is a classical bullish reversal structure. This pattern typically signals exhaustion of a downtrend and a potential shift toward an uptrend. The two bottoms, formed around the ₹1085–₹1100 level, reflect strong demand and rejection of lower prices. The neckline...
ADANI PORTS & SEZ LTD – Technical Chart Analysis (As of April 16, 2025) 1. Pattern Structure and Breakout Observation Adani Ports has formed a Rectangle Pattern over the last 4 months, consolidating between the ₹1200 resistance zone and the ₹1050 support zone. This pattern reflects a period of indecision and accumulation, typically resolved by a directional...
1. Pattern Analysis: What We See - Pattern Name: Descending Channel with Double Bottom Breakout. - What is Happening? - The stock has been moving downwards within a descending channel for the last two years. This means the price has been repeatedly bouncing between two downward-sloping lines (the upper red resistance line and the lower blue support line). ...
Breakout Stock/Reversal Trade- IRB Infra Dev Ltd (NSE: IRB) Current Price: ₹60.15 (+1.02%) Volume: 18.14M 1. Pattern Analysis - Cup and Handle Pattern (3 Months) - The chart shows a Cup and Handle Pattern forming over the past 3 months, a bullish continuation setup. - The cup represents a rounded consolidation, while the handle is a brief pullback...
1. Pattern Analysis - Rectangle Pattern: - Timeframe: 2 Years - Description: The stock has been consolidating within a rectangle pattern, with a well-defined resistance at ₹75 and support at ₹40. This prolonged sideways movement indicates accumulation and a potential buildup for a significant move. - The breakout above ₹75 marks the end of the...
1. Pattern Analysis - Rectangle Pattern (10 Months) - The chart showcases a well-defined Rectangle Pattern, a consolidation phase that has lasted for 10 months. - The upper boundary of the rectangle is at ₹372, which acts as a resistance level, while the lower boundary is near ₹280, serving as strong support. - The price is attempting to break out...
1. Pattern Overview - Formation Details: - The stock has developed a 5-year cup and handle pattern, a strong continuation formation indicating the potential for a bullish breakout. - The cup portion reflects a gradual decline and recovery, showcasing accumulation over time. - The handle portion is a short consolidation phase near the resistance, preparing...
1. Rectangle Pattern Overview - Formation Details: - The stock exhibits a 2.5-year rectangle pattern, a classic consolidation pattern indicating indecision between buyers and sellers. - The resistance is clearly identified at ₹160, with multiple failed attempts to breach this level. - The support zone lies between ₹135-₹140, reflecting consistent buying...
1. Pattern Analysis - Symmetrical Triangle Pattern: - Timeframe: 3.4 Years - Description: The price has been forming a symmetrical triangle, characterized by a series of higher lows (support) and lower highs (resistance). This pattern signifies indecision in the market, often resolving in a sharp breakout or breakdown. - The narrowing range between ₹75...
1. Pattern Analysis - Cup and Handle Pattern: - Timeframe: 5 Years - Description: The chart exhibits a classic cup and handle pattern, a bullish continuation pattern indicating potential for further upside. The resistance at ₹28 has been breached with a strong breakout, confirming the pattern. - The extended timeframe of this pattern enhances its...
1. Pattern Analysis - Rectangle Pattern: - Timeframe: 5 Years - Description: The stock has formed a rectangle pattern, with a well-defined resistance at ₹24 and support at ₹8. This long-term consolidation suggests significant accumulation and potential for a substantial breakout. - The breakout above ₹24 signals a shift in sentiment, with the potential...
1. Pattern Analysis - Rectangle Pattern: - Timeframe: 8 Years - Description: The stock exhibited a prolonged consolidation within a rectangle pattern, with a well-defined resistance at ₹640 and support at ₹240. This extended period of consolidation reflects equilibrium between buyers and sellers over a long duration, indicating a potential for a significant...
1. Pattern Analysis - Rectangle Pattern: - Timeframe: 2.5 Years - Description: The stock was trading within a well-defined rectangle pattern, bounded by ₹70 (support) and ₹130 (resistance). This prolonged consolidation indicated indecision in the market, with neither bulls nor bears gaining dominance. The breakout above ₹130 marks the conclusion of this...
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