In the above chart, TWL has given a good breakout with retest and continuation. We saw very high volumes at breakout, and now volumes are are again increasing on daily basis. Good stock trading at all time high. Resistance Levels : 300/325. Support Level :260/250
Nifty has formed Inverse Head & Shoulder pattern on daily chart. Also, it has give trendline breakout and retest on 21st April. Support: 17750 Resistance: 18000/18135
HSCL is forming higher high higher low pattern on monthly chart after a consolidation of 9 months. Good stock for Long term Investment Support: 80 Resistance: 110/130/195
NSE:TCS is trading at its important weekly support level. On Daily chart it has formed kind of Morning Star Candlestick Pattern & Double Bottom Price Action Pattern. Positive RSI Divergence is also seen. Volume is still rising, which suggests that there is more upside potential for the stock. Support- 3100 Resistance- 3275/3400/3575
NAVA breakout with volumes Support 240 Resistance 350 Long Term
Reliance is taking support from it previous resistance level of 2300. It is into consolidation from almost 4 months. We can see a good reversal from here. Weak below 2293 , Next Resistance 2500/2700
Eicher Motors has formed Triple Bottom Pattern on Daily Chart. Volumes Increasing EMA 20 & 200 ready to expand Support- 3200 Resistance- 3500/3800
Banknifty has given breakdown and retest of triangle pattern at 41400 level. Next Support at 41000 / 40600 Major resistance 41600
KPR MILL has formed Falling Wedge Pattern on Weekly Chart and given breakout with very high volumes . RSI (14) near 60 - indicating start of momentum. Stoploss should be placed below 518 Target should be - 638 / 710 /768
It has formed a text book double bottom pattern with good momentum and volumes. IT sector is looking bullish in coming months. However it will be weak below 3750. Disclaimer: Educational post and not a buy/sell recommendation. Please do your own studies.
Tata Motors is looking bullish on chart. Good bullish candle has been formed today. It already has filled its previous gap. Good Support at 430. Resistance- 474/494
Bank of India- Imp. Resistance 100, Next Resistance- 145
GSPL has given breakout on 264 level with high volumes and strong momentum. The upcoming levels to watch is 290 /336 / 380. However it will be weak below 240 and best price to trade is 260-265. ABOUT THE COMPANY: GSPL has a presence in the entire energy value chain and is engaged in gas transmission, CGD, power generation, and IT. Its clients include refineries,...
Please trail stop as always. Respect the market and the analyst. Do your own research before trading.
It is showing higher highs and higher lows pattern, which is a trending pattern. An investor should be read berore the bulls are ready to enter the battlefield.
Pennant Breakout in 30 Min Chart. Tomorrow if it Breaks it with Volumes then Upside is possible.