Hindustan Unilever has been on an upward channel for a while. It seems to be firmly heading upwards. I feel if it bounces back up from the closest support line then it will keep heading upwards. Let's see if my analysis holds true.
Here the stock bounced back twice from upward support channel. This seems like a good indication that it is firmly heading upwards. Let's wait and watch.
Havell's has been on an upward tangent and I feel if the price breaks through 550 then it should head higher on this upward channel. Let me know what you think...
If price point touches 825 in the next few sessions then I feel it will continue on an upward trend. Let's see if this analysis makes sense. Do let me know what you think. Thanks.
I am very new to technical analysis so I'm using this wonderful platform to learn, practice and hopefully apply some strategies to make good trades. This is my first analysis.
Exide has been on an uptrend for a while. It made a downward change in direction but it's still in a good zone and looks like it should go up in the near future. Good time to buy and then...
