Stock-Holmes

Stock-Holmes

The script is forming a symmetrical triangle pattern in lower time frames. Note the support and resistance trendlines. Watch for the breakout. I hope the script is bottoming out and likely to move up. Lupin had already corrected about 25% from its recent high.

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All-time high breakout. The description is given in the chart.

Stock-Holmes Updated 

A good triangle had formed again in the charts. Watch for breakout tomorrow. Looks good for targets 3080 and 3130 within the next one week.

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A good rally can be seen across all IT stocks. Maybe due to the negative news for IT in China, the investments have moved to Indian IT stocks. After a good run in Infy, Happiest minds, Coforge, LTTS, and TechM, now it is time for Hcl Tech and TCS. Both the scripts had broken out of the resistance trendline. Now the script may consolidate a bit and start its...

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Rectangle breakout... can go long for short-term gains.

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Another auto stock that had broken the resistance trendline technically and looking good to accumulate for the long-term.

Stock-Holmes

Mahindra and Mahindra, a worthy stock to be in one's portfolio, had been consolidating for more than 6 months now. Recently the script seemed to have broken out of the triangle pattern. The AUTO sector per se is not performing well for the past few months. Results have been below estimates because of lockdown, and global semiconductor shortage could be some of...

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Supply zone- A price area where is strong selling interest. The supply is more than demand. Demand zone- A price area where there is huge buying interest. Demand is more than the supply. When the supply zone is broken out it turns into a demand zone. COLPAL is at a good entry point. Can accumulate from 1600 to 1650 levels for the long term.

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The script can be seen sitting on the support trendline. The 200-day moving average converges with the support trendline. I'm hoping for a change in direction in the script. The script is costly for a cash market trade, F&O traders can add to their watchlist and look for an upward move.

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We can see the script getting rejected at the level of major resistance on multiple occasions. The recent long green candle at this resistance level was considered a good breakout by most traders. Points in favor of a pullback, The breakout candle was followed by a bear candle of decent size. The follow-through from the breakout candle is not good, indicating...

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A massive sell-off was seen in almost all scripts of mid and small caps in nifty in the past few trading sessions. The Nifty mid-cap index had retraced to 0.618 Fibonacci levels from its recent swing high, similar to the small-cap index. We can see that the index had taken clear support at this level. I hope for a new swing from this level. Please give your...

Stock-Holmes

A massive global sell-off was seen in mid and small caps in nifty in the past few trading sessions. The nifty small-cap index had retraced to 0.618 Fibonacci levels from its recent swing high. We can see that the index had taken clear support at this level. I hope for a new swing from this level. Please give your valuable comments on this analysis. Thank you.

Stock-Holmes

Triangle breakout... Short-term target 120 (16%)...

Stock-Holmes

The script had taken multiple supports and rejections at the trendlines forming a triangle pattern. A recent breakout from the resistance trendline can be seen followed by a retracement. The resistance trendline now will act as a support line. The targets for the script have been shown using the Fibonacci extension. With the Q1 results around, I'm expecting a good...

Stock-Holmes Updated 

Triangle breakout. Watch for the rally. Always trade with caution in Adani stocks.

Stock-Holmes

The script is at a support zone. 12% upside expected in the coming weeks.

Stock-Holmes

The script is at the support trendline of the ascending triangle. Target 1115 & Stop loss at 1005. Risk Reward 1: 3.1. Keep this script in your watch list and enter it when it starts moving up (green hourly candle).

Stock-Holmes

The script had broken out of a triangle and had given a retracement. Short-term targets are 500, 520, and 550.