#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.
#CASTROLIND - After reversing from the demand zone, we can see the change in the character of the price. After breaking the previous swing high, price has pulled back on low volume.
#WELSPUNLIV is looking good on daily and weekly chart. The character of price has changed by breaking the previous swing high with a strong volume.
The stock is showing signs of reversal from a key demand zone on the weekly chart. On the daily chart, the reversal is confirmed with a Change of Character (ChoCh) and a Break of Structure (BoS). However, there is a minor supply zone ahead. Action Plan: Wait for the price to cross above ₹163 (the supply zone) for further confirmation of the bullish momentum.
#FINEORG The stock broke out from its Stage 1 base in the week starting July 1st, supported by strong volume. After consolidating within a range for a few weeks, the price pulled back into the base but has since shown resilience. On the daily chart, the stock is displaying bullish momentum by forming higher highs (HH), signaling a potential continuation of...