5 month making lower lows and still looks weak. attempting to find a base now. Can go as low as 630 levels before attempting to retrace its journey upward. Fundamentally, high percentage of promoter pledge is a concern.
Taking trend line support and is at 23.6% retracement levels from its previous swing lows and highs. A bounce from this level will trigger an up move and any breakdown will weaken it further. Its a wait and watch for any trade to be initiated. FNO Data shows short covering and if there is a follow through action on the same, then expect to go long here.
The last time, it broke out, it could not sustain and hold ground. Has done its bit of consolidation between 160 and 170 levels and ready to go up now. Nice RSI and other indicators. Sl is 168.
Attempted breakout from a descending channel with decent volumes on Thursday and Friday slid below it. Might see a bit of consolidation again before making another up move. NBFC's are in the game and should help in movements. Will enter long above 91 for a target of 100. SL at 86.
HAs been moving in a tight range and likely to test its previous breakout levels. Indicators are bullish and supporting.
The weekly chart shows trend line support and in the previous marked areas, the stock has moved similar price levels in same timelines. Will wait for a trade based on the weekly open. Either long or short. Bullish still though on longer timeframes
After breaking out of inverse HNS pattern and retesting, the stock is moving towards its next FIB targets of 805 and possible levels of ATH. Auto sector and the focus on EV will add momentum to the stock movement as well.
Stock hit its all time high of 986 and retraced 50% off its previous swing low. Now bullish coming out of the Kumo Cloud with all indicators in support. Weekly candle of last week was bullish. Target previous ATH of 986 and beyond.
Stock has broken a long time trend line support on daily charts and can fill a gap on its way down. Broken the strong support of 2253. All indicators are bearish.
Cup and Handle formation on weekly charts. Targets of 710, 775 in short term.
Last week volume was higher than recent consolidation phase. Now retraced to the recent breakout zone. Entry around 110 levels for medium term targets of 150.
Has formed a nice cup and handle format and retracement is also nearing the sweet zone. Weekly RSI, volumes are all good. Has a long way to reach its all time high levels but clearly there is potential.
The accumulation phase since April seems to be completing and the stock can breakout of the triangle wedge. RSI is slowly building up and the HA has shown a bullish reversal. It has also been trading around the WMA 9 levels. Can buy here for medium term with targets of 575 and above. Not a SEBI Authorised advisor.
The stock is in its golden zone of retracement and has been displaying decent momentum for upside. RSI, Volume and Oscillators are decent and can push the stock higher. Target 580, 620, 660 in medium term. Not a SEBI Authorised advisor. charts are for personal trading purpose.
Auto ancillaries are doing good and this counter has been slowly consolidating in a range. its a low volume stock but looks like a good investment for a medium term hold. Entry would be between 425 to 435 Not a SEBI authorised advisor.