TheUnlearningOne

TheUnlearningOne

Aggressive traders can initiate positions between 500-524. Ideal is to wait for price to breach the level of 532. The price may find immediate support at 495 if it fails to sustain upward momentum. Price range between 456 and 436 acts as strong support zone. The price is above the key moving averages of 50, 100 and 200. During the fall the price found support...

TheUnlearningOne

Breakout above 267 after a 25 week consolidation. If the momentum continues, expect target of 326 in the medium term. Always define a stop loss. Check my previous view on Tata Power here:

TheUnlearningOne Updated 

Tata Power is trying to move away from its 16 weeks of price consolidation. There's a visible formation of a cup and handle chart pattern. Can see a probable bullish price movement above the all time high level of 267. Strong RSI and MACD lend support to bullish bias. However, always keep a strict stop loss of 5-8%. Note: Analysis only, Not a buy or sell...

TheUnlearningOne

After 18 weeks of consolidation, Centuryply's price broke out and is currently in an ideal buying zone in the range between 719 and 749. Probable initial target of 855 with support at 661. Keep a strict stop loss at 5-8% or as per your risk management. Note: Not a buy and sell recommendation, but a personal analysis.

TheUnlearningOne Updated 

Breaking above 135, the price closed on 143.20. Initial target is 166, which the stock last reached in the week ending 7 June 2021. Price movement above 166 could go till 175-180. Weekly chart shows positive price action. Good support zone at around 121, if the price fails to sustain and breaks below 135. Volume looks strong. Relative strength is positive...

TheUnlearningOne

Breakout above Darvas box zone at 310. Current price at 320.15. Please read my previous analysis of Delta Corp here: Strong support at levels of 310 and 300. Targets of 350, 386, 400. Note: Trade wisely with strict stop-loss of 5-8% and risk capacity

TheUnlearningOne

ITC has displayed strength during the past few weeks. The chart shows that there has been good accumulation of this stock from around 206 levels, and it has found good support levels at around 217 and 230. Today, it breached the levels of 246 on its way up and closed at 249.75. The candles denote good buying and the price is above all major moving averages of...

TheUnlearningOne Updated 

Wait for breakout above Darvas box zone at 310. Critical is when it crosses 300 with strength. Support is at 240. Targets of 350, 376, 386, 400.

TheUnlearningOne Updated 

Short term target of 662. The stock can consolidate in the near term. However, upward movement above 662, supported by volume, RS and price movement staying above the 21 EMA will help stock stay strong. Always keep a stop loss of 5-8%.

TheUnlearningOne Updated 

INDIABULLS HOUSING is on a consolidation phase on weekly chart. Trigger could be the crossing of 50 day EMA at around 234. Target of 280, which is also acting as a resistance zone. Beyond which 312 should be achieved in the medium term. Current consolidation range is between 280 and 200. Below 200 the stock could slide to 180 - 160 levels. Would wait for the...

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Subex looks set for breakout after 18 weeks of consolidation. Crossing the levels of 57-59 is important. Can go up to 62, 66 and 74. Always keep a strict stop loss of 5%-8% depending on one's risk profile if the trade fails

TheUnlearningOne Updated 

Wait for the price consolidation to break above 158. Breakout above 171 may trigger upward momentum. To be cautious if price falls below support zone of 132 and 126. Note: Chart analysis for educational purpose, not a recommendation for buy or sell.

TheUnlearningOne Updated 

The current price 314.85 is hovering near the breakout price of 326. If the stock gains momentum, it can touch 365 and 390. Retracement levels can be seen at 314, 293, 286 and 262. As with every trade, always keep a stop loss and also consult your registered adviser and do due diligence. Not a buy or sell recommendation.

TheUnlearningOne

It's a perfect cup & handle formation as per William O'Neil's definition. Here I have taken a weekly chart and tried to simplify the formation. The explanations are marked in the chart. Also, keep in mind the overall trend of the stock, here it should be in upward trend :-) Ideal buy point is near the handle pivot. Always keep a strict stop loss of...

TheUnlearningOne

HFCL looks bullish on a symmetrical triangle breakout above 89 and a close of 91.85 as of 14 Jan 22. Target of 120 with a stop loss of 5-8%. Not a buy/sell recommendation, but personal analysis for educational purpose.

TheUnlearningOne Updated 

Currently, ICICI Bank made a rebound after a correction. Levels of 747, 765 and 805 can be immediate resistance on the way up. If the rebound fails, then, look for strong support at 710, below which 692 is another support zone. Also, 734-682 looks like consolidation range and hopefully the stock should stay in this range if it falls. Going bullish, a target of...

TheUnlearningOne Updated 

Resistance at 89. Will see strong upside once this level is crossed. The price can retrace back to 79, 76 levels and 71 if it fails to sustain momentum. View: Bullish in the long term. However, always keep a stop loss of 5-8 percent if your position fails.

TheUnlearningOne Updated 

Redington is looking to break away from consolidation. Need to lookout for price movement above 156. Also, make a note of: 1) above average volume activity over the past few days 2) RSI at 57 with upward bias and... 3) Relative strength as it gathers strength to outperform