Coromandel Intl (NSE) has been on an upward trend for the past few months, with higher highs and higher lows. Recently, the price appears to have broken above a resistance level around ₹1,271.69, which could signal a continuation of the uptrend. Additionally, the trading volume on the day the chart was published was slightly above average, indicating potential...
Signal: BUY 📈 Confidence: 90% Take Profit Target: 1,600 INR 🟢 Stop Loss Target: 1,300 INR 🔴 Analysis: Strong Uptrend 📈 The stock is in a clear and strong uptrend, making higher highs and higher lows consistently. Volume Increase 📊 There is a significant increase in volume accompanying the recent price rise, indicating strong buying interest. Support from...
Technical Analysis Overview Current Price: INR 288.95. Moving Averages Short-term (20-day), Mid-term (50-day), and Long-term (200-day) moving averages are all below the current stock price, confirming a bullish trend. Alignment: The bullish alignment of the moving averages (short-term > mid-term > long-term) supports the continuation of the uptrend.
Technical Analysis Overview Current Price: INR 2,109.20 Volume: 1.143 million shares Price Action and Trend Recent Movement: JBM Auto Ltd. is showing significant bullish momentum, Resistance Breakout: The stock has successfully broken through a key resistance level around INR 2,000, indicating strong upward momentum. Support Levels: The nearest support is...
Analysis: Current Price: ₹1107.45 Breakout: Price recently broke above a resistance level at ₹1040.60 (marked by the yellow line on the chart). Long Entry: Confirmation: If the price sustains above the breakout level (₹1040.60), a long position can be considered. Alternative Entry: Pullback: If the price pulls back and finds support at the previous...
Analysis: The chart of KEC International on TradingView suggests a bullish breakout opportunity, potentially signaling a long entry chance for traders. Here's a breakdown based on the image and the information you provided: Current Price: ₹748.40, above the resistance level of ₹737.40 marked by the yellow line on the chart. Breakout Confirmation: The...
Analysis: The chart of NOCIL on TradingView presents a post-breakout scenario, offering potential long entry opportunities but also demanding cautious consideration. Let's delve into the details: Current Price: ₹290, surpassing the key resistance level of ₹285 marked by the orange line. Breakout Confirmation: The recent surge past the resistance zone,...
Analysis: The chart of Federal Bank on TradingView suggests a confirmed breakout above the 158.95 resistance level (orange dotted line), offering a potential long entry opportunity. However, recent market volatility and the price action within the chart require careful consideration. Current Price: ₹164.70, above the breakout level Breakout Confirmation: ...
Analysis: The chart of Granules India on TradingView suggests a promising breakout opportunity, potentially signaling a long entry chance for traders. Let's analyze the details based on the information provided on chart. Current Price: ₹455.75, above the old year resistance level of ₹436.20 marked by the orange line. Breakout Confirmation: The recent surge...
Analysis: The chart of Natco Pharma Ltd. on TradingView depicts an intriguing post-breakout scenario, presenting both potential long entry and cautious approaches for traders. Let's dissect the situation: Current Price : ₹1026.50, well above the multi-year resistance level of ₹921.10 marked by the orange line. Breakout Confirmation: The recent surge past...
Analysis: The chart of Apollo Pipes Ltd. on TradingView suggests a potential upward breakout, offering a possible long entry opportunity. Here's a breakdown: Current Price : ₹743.35, above the multi-day resistance level of ₹727.20 marked by the blue line. Breakout Potential: The price is attempting to break above the resistance level, with increased volume...
Analysis: The chart of Parag Milk Foods on Trading View suggests a potential multi-year breakout opportunity, offering a long entry chance for traders. Here's a breakdown Current Price : ₹280.55, above the key resistance level of ₹260.50 marked by the orange dotted line on the chart. Breakout Potential : The price is attempting to break above this critical...
Analysis: The provided chart of SMS Pharmaceuticals (SMS Pharma) on TradingView reveals a potentially lucrative breakout opportunity. Let's break it down: Current Price: ₹145.45, comfortably above the multi-year resistance level of ₹136 marked by the blue line. Breakout Confirmation: The recent surge past the resistance zone, accompanied by strong volume,...
Analysis: The provided chart of India Tourism Dev (ITDC) on TradingView depicts a promising breakout opportunity. Let's delve into the details: Current Price: ₹838.90, significantly above the multi-year resistance level of ₹715.00 marked by the blue line. Breakout Confirmation: The recent surge past the resistance zone, accompanied by strong volume, signifies...
Analysis: The chart you provided shows BPCL's stock price currently trading at ₹558.38, which is above the multi-year resistance level of ₹541.60 marked by the blue line. This recent breakout, accompanied by strong volume, suggests a potential continuation of the uptrend. Key Points: Breakout confirmed : BPCL successfully broke above the multi-year...
The chart you provided shows NBCC Ltd.'s stock price currently trading at ₹168.65, which is significantly above the multi-year resistance level of ₹145.35 marked by the orange line. This breakout, accompanied by strong volume, indicates a potential continuation of the uptrend. Key Points: Breakout confirmed: NBCC successfully broke above the multi-year...
Analysis: The provided chart of Borosil Renewables Ltd. on TradingView suggests a bullish breakout with potential for further upside. Here's a breakdown: Current price: ₹608.75, up 7.45% from the previous close Breakout: The stock decisively broke above the resistance level of ₹528.75, Volume: Increased volume at the breakout point confirms strong buying...
Key Points: Bitcoin currently hovers around $40,900, sitting on the lower edge of a sideways trading channel. A confirmed channel break with strong volume could lead to a retest of $30,391 (previous breakout level). Wait for price action to consolidate and confirm support at $30,400 before considering long positions. Technical Analysis: The price...