PVCHAMY

PVCHAMY Updated 

1) The stock is trying to break important resistance zone 2) Since 200 EMA was acting as resistance in the past it is safe to enter above 200 EMA in weekly time frame. 3) Consolidation below this resistance zone will give more strength on breakout

PVCHAMY Updated 

1) Multiple rejections seen in this zone in the past & trying to breach 1-1/2 year old resistance zone 2) Trading above 50 & 200 EMA in weekly chart.

PVCHAMY Updated 

1) SUBSEQUENT TO THE RESISTANCE BREAKOUT AT 6700 LEVEL THE STOCK HAD A STRAGIGHT MOVE TILL 8982.65. 2) AFTER MAKING THE NEW HIGH OF 9950 PRICE IS CONSOLIDATING IN THE RANGE BY TAKING SUPPORT AT 50 EMA IN DAILY CHART AND TRYING TO BREACH THIS LEVEL FOR PAST FEW SESSIONS. 3) WE CAN SEE GOOD UPWARD MOVE ONCE THE PRICE BREACHES THE FLAG TOP

PVCHAMY

THE STOCK SEEMS BULLISH ABOVE 622.50 The targets are based on FIBO levels and one could exit the position at their comport zone

PVCHAMY

1) Long term breakout visible in the chart and enter if the price stays above 260 on day closing 2) Targets are based on FIBO levels and one can exit at their comfort levels

PVCHAMY

Stock retested the previous resistance placed at 885 level after breakout and bouncing back Kindly follow the levels mentioned in the chart.

PVCHAMY

1) Stock is trying to break 1700 level in hourly chart 2) Consolidation above 1700 in last few hours of trading is adding more weakness to the stock. 3) Since risk is 50 points be cautious on the position size

PVCHAMY

1) The stock got reversed from the neck line and formed morning star candlestick pattern in daily chart. 2) The target was reduced as the last wave not reached the channel top which is running since March 20. 3) Safe to enter the stock above 200 EMA & keep your SL tight.

PVCHAMY Updated 

1) ON NARROW RANGE BREAKOUT / FLAG BO ON 04.01.21 THE STOCK HAD MADE NEW HIGH OF 5880 2) AFTER MAKING NEW HIGH THE STOCK RETESTED THE SUPPORT AT 0.618 FIBO LEVEL AND BOUNCED BACK WITH SIGNIFICANT VOLUME 3) STOCK HAS POTENTIAL TO MOVE UP TO 6100 @ FIBO 1.618 WITH THE SUPPORT OF 4850

PVCHAMY

Stock made multiple attempts to recover from this resistance line . Short position could be initiated if we see the price below 50 EMA in Day chart , which is currently placed at 2660.

PVCHAMY

This resistance zone is running since July 2019 Consolidation below this zone is a additional strength

PVCHAMY Updated 

1) STOCK IS CONSOLIDATING IN THE RANGE OF 380 - 350 AFTER MAKING NEW HIGH OF 389.50 ON 30.12.20 2) POTENTIAL TO MOVE 428 / 464 BASED ON FIBO LEVEL

PVCHAMY

The stock is about to breakout above 105 Buy above 105 on day closing for the target of 121

PVCHAMY

The price got rejected at this zone multiple times in the past & consolidation seen below resistance line in last few trading sessions. The price is trading above major EMAs in both Daily & Weekly time frame. Refer chart image for entry & exit

PVCHAMY

Stock is approaching major resistance zone with huge volume. Wait to price breach 200 EMA in Weekly TF. Good to buy above 270 for the short -term target of 289.