GAP DOWN - Can reach Target 1 straight away and then Target 2 following a possible retest. FLAT - Retest at recent resistance is possible to reach Target 1 and if breaks Target 2 is also possible. GAP UP - Wait till breaks last session's day low to reach Target 1 & Target 2.
GAP DOWN - Can reach Target 1 straight away and then Target 2 following a possible retest. FLAT - Retest at recent resistance is possible to reach Target 1 and if breaks Target 2 is also possible. GAP UP - Wait till breaks last session's day low to reach Target 1 & Target 2.
If Breaks the neckline can reach upto Target 1 If breaks the resistance trend line, can reach Target 2 & Target 3
If breaks the resistance it can go upto recent high for the given target.
For Breakout and continuous uptrend, double bottom neckline retest is must to travel further for ATH to 605.
Double Bottom pattern formed and completed perfect 'w' in weekly chart, can consider Make or Break. Already up by 12% since last 3 trading sessions, still need to travel 2700 points to reach ATH.
Inverted Head and Shoulder pattern suggests bullishness. At Resistance, if breaks resistance can go up by Immediate consolidation that is 375 points to reach.
Double bottom support, Take off can be possible from here to achieve Target 1 at neck line and Target 2 at ATH.
Daily Chart shows bearish head and shoulder pattern, will extend till major resistance as Target 1, if breaks major support can go down to Target 2. Weekly Chart shows retesting is happening at major support which previously act as resistance, if retest succeed can shot up to reach ATH.
After a very sharp uptrend movement, stock is consolidating sideways for a long time. If a major resistance is break with high volumes we can see further upside movement for the ATH. If a major support is break with high volumes we can see further downside movement.
At Major support. Strong pullback from Support in last trading session. Can go up to at least resistance trend line. Short if breaks with strong volumes.
Stock is supported quite a times from 50 EMA and can go long to All time High after a very good Q1 results. Q1 '21 Results - Highest ever consolidated net profit at ₹5,904 cr. Highest ever consolidated revenue at ₹28,902 cr in Q1 FY22, a 145 % rise as compared to ₹11,782 cr in Q1 FY21. Result is more than 27 % from the estimation.
BULLISH FLAG PATTERN Can go upto given levels.
Bullish Cup & Handle formation, currently consolidating on Make or Break resistance. If closes above the resistance, can see new highs.
Long consolidation in a range as making bullish symmetrical triangle formation. Can see at least 8 % of growth in short term. I will go with 1300 CE June expiry.
Symmetrical Triangle formation supported at 50 EMA consistently. Wait for the breakout candle with volume.
Ascending triangle formation tends to bullish. It can be a big breakout once it breaks the long consolidation range. We can see All Time high with upside rally very soon.
After a very sharp uptrend movement, stock is consolidating sideways for a long time and now rejected candle at major resistance. Traditionally, all the indicators are indicating that after a uptrend followed by sideways trend there is a downtrend with lower highs. If the major resistance is break with high volumes we can see further upside movement. If the...