Its attempting a Breakout, volumes are ok but not very high as expected on a breakout, lets see if it holds? Not confirmed 100%, say 75%, I will update if i get time. Disclosure: i hold the stock bought over last year. This is charted for my own benefit and part of my learning and investing process, i am a retail long term investor. This is purely a technical...
Hero motocorp has a Bullish sloping trendline breakout, the chart shows support and resistance marked with horizontal lines. The breakout is supported by RSI trendline breakout plus increase in volumes in last few days. A support was found at 4450. Immediate targets are 4725, 4944. Disclosure: i hold the stock bought over last year. This is charted for my own...
Praj Industries has found support at horizontal/sloping trendline @448 plus a positive divergence formed on RSI with high volumes. Its floating just above the resistance zone @525. This looks very bullish to me from here for targets of 596,649,699 over the next 1,2,3 months. Disclosure: i hold the stock bought over last year. This is charted for my own benefit...