StocksGyan

StocksGyan

If we look at the daily timeframe for GNFC , we can clearly see there is a triangle breakout with good volumes. The breakout has come almost after 4 months of consolidation inside the triangle. After the breakout, there has been a small consolidation which is really healthy for the stock. At any given day, the stock can gain momentum and rise now. It is also near...

StocksGyan

Looking at the chart in daily timeframe for Hemisphere Properties, we can clearly see there is a breakout from the channel pattern after almost a year of consolidation. The upper trend line of the channel has been broken with absolutely huge volume. We can see a small consolidation after the breakout which is a healthy sign for the stock to move upwards. If the...

StocksGyan

Looking at the daily timeframe for Brigade Enterprises, we can clearly see a triangle breakout after 4 months of consolidation. Currently it has broken the upper trend line of the triangle. If we see, the breakout candle was a bearish doji candle but the next 2 candles have confirmed the breakout. The current closing is at Rs 517 which can be considered for...

StocksGyan

If we see the daily timeframe for Aster DM healthcare, it is clear that the stock has given a breakout after 5 months of consolidation inside the triangle pattern. Currently it has broken the upper trend line with good volumes. It is also near to the psychological level of Rs 200. If it breaks Rs 200 with good volumes and gives a candle closing above it, we might...

StocksGyan

If we see the char in daily timeframe for Gujarat Alkalies, we can see a triangle breakout with rise in volume. The upper trend line in the triangle has been broken. The momentum has been very good from the past 2 candles. If the bulls support the momentum, it can easily give us more than 5% returns in the short term. This breakout might also lead to All Time...

StocksGyan

Looking at the 4 hour time frame, the stock is making a beautiful triangle pattern inside of a channel. It has broken the trendline resistance of Rs 61 and has moved upwards. After almost 3 months of moving inside the candle, it has finally given a breakout. It also broke the trendline with good volumes which is another positive sign. Around 8% returns can be...

StocksGyan

If we look at the 1 week timeframe, the picture becomes clear for MOTHERSUMI. The stock is yet to break it's upper trend line. Once the candle closes above the upper trend line, it can be bought for good returns. But until it's broken, you shouldn't jump into it directly. Have patience and wait for the stock to break the trend line. For now add it to your watch...

StocksGyan

Bata has clearly formed a Head and Shoulders pattern. It is also present at the major support which also seems to be the neckline of the head and shoulders pattern. Any 1day candle close below 1450 can trigger a sell signal with target of 1350.