once it closes above 540 can give a boost up to 600 which is the first target. Keep an eye if you are an EV fanboy
Bears will hold below 18300. Rising wedge clearly shows a the chance of negativity in the market which can be evident in upcoming months.keep watching this critical range 18200-18400
KOTARISUG has given a amazing breakout , breaking multi year resistance and ready to high fly over 69 mark positive: - Breakout with good volume - Multi year consolidations - Inflation and increase in sugar consumptions Negative: - Market is highly volatile - High interest environment
After hefty consolidation metal can breakout anytime. Close above 90 will be a fresh breakout and can reach till the previous high.
Looking at similar pattern in 2001 , It is repeating now in 2023. So this can take a while to hit the ATH , so its really tough time for investor for who bought at high price. but as the inflation is high and considering the % of Breakout the consolidation range can be shorten then the previous pattern. So in upcoming days if the trend line is broken it can go up...
Wipro is consolidating over a couple of months and have slowly build RSI divergence on Weekly basis. expecting something good on short and great in long 410 Price rage to watch
WIPRO the IT poor fellow is retesting the trendline support, Holding above 400-403 will accumulate volume and give fresh breakthrough
Have consolidated few weeks on side ways and give a breakout on the same trendline. Halfway on retest. Holding on 365-368 support can reach new high in coming days.
TATASTEEL need to hold over 106 , if breakdown can retest 80-85 support which is the strongest support if recent times.
After posting good results can it revive the HDFC LIFE from the channel Expecting it to break keep it on long portfolio!
Clear volume rise shows the trend reversal on short term . Expecting to see some fireworks over 32
Tata Mtrs seems to be on a parllel channel with the strong support at 380 possible to reverse from there Keep a close eye
Wipro under strong consolidation and found to have weekly RSI divergence. can this help wipro to reverse the trend
Seems its following the down trend channel for a long period of time and looks to breakout in short time with the TGT 1 of 120-130. Hold tight !!
The script is trading at down trend after hitting the all time over last couple of months . The parallel channel represents a flag pole pattern . Let hope it will give an fantastic breakout reaching its all time high as the first target.
the script is growing steadily with a upward trend lines and now looking for a breakout at 103. once its crossed 103 short time traders can jump in and for long term . just wait and watch the show.#Nalco #bearkout. **Only for educational purpose**
Trident broke its triangle pattern. have revised my target. 1:4 risk reward. *Not an investment advise*
Nifty forms a descending Broadening Wedge pattern and I have predicted 3 possible way nifty will move in the upcoming week. I strongly believe this is the consolidation phase of this wedge and probably nifty will go sideways and reverse the trend.