Reversal from Demand Zone: The stock price has shown a strong reversal from the supply-turned-demand zone, indicating renewed buying interest at this critical level. Breakout of Swing High: A bullish breakout above the recent swing high adds further confirmation of upward momentum, showcasing the strength of buyers in the current trend. Volume and Strength...
#DATAPATTNS broken out of the base on 4th December with a good volume and retested into the base. It is popping out of the base once again with above average volume. Stop Loss 2380 Closing basis
#NIACL has reversed from the supply turned demand zone on the weekly chart. Chart is looking good on weekly too as it formed higher high with a break out. The top wick is bit concerning but with a good delivery volume, I am expecting the stock to perform in the days ahead. Stop Loss 197
#AEGISLOG is looking strong in this choppy market. The price has taken support from the demand zone a few times and now closed above all the critical moving averages with a strong volume. Apart from the minor resistance ahead the stock is ready for the next move.
#GODFRYPHLP has taken the support from the demand zone. We can see the change of character in the structure. One can buy with a SL below 5570
#MAPMYINDIA has taken the support from the 50 Week MA once again. Look how the stock bounced after closing above 50MA in the past.
#BLS Volume Pullback: The stock has pulled back from September highs on low volume, indicating a potential buying opportunity. 200MA Support: The stock has successfully tested and held above its 200-day moving average multiple times, suggesting strong support. Relative Strength: The stock's relative strength versus Nifty has improved on the weekly chart,...
#KARURVYSYA Strong weekly close. Weekly volume greater than the 20 MA volume. Relative strength broke out and turned positive
#PHOENIXLTD is looking good on weekly and daily charts but the Risk reward is not good and also a lot of supply zones ahead. Wait for the pullback or take a small position here and wait for the pull back.