Cup and handle pattern in KPIT and daily consolidation break with strong candle, Higher Time frame candles (M/W)also looks strong. we might see 800 levels very soon. (there is Rally base Rally candles as per supply and demand method) -Educational purpose.
Wedge pattern breakout and another Trendline which was tested multiple times and ready to break, Monthly and Weekly candles also looks strong with good volumes and if a day candle closes above 890 - 900 level we can anticipate a quick move in Mcdowell (United spirit) till 1000 levels. -educational purpose only.
We can observe Stoploss hunt behavior and pattern fake breakout, potential long opportunity above 2650 lvels. We can look for longs in Reliance if 1hr candle closes above 2650 with good volume, short term targets should be 2750/2800 levels with recent swing low as stoploss. --Educational purpose only.
Kirlosbros forming good round bottom and head and shoulder within it, consolidation break can be seen on weekly time frame, we can plan for entry above breakout candle and stoploss should be swing low and targets should be around 500 levels and further. -- Educational purpose only.
Long time Trendlines break in LT Finance and seems to be a Bearish Bat formation in play (Harmonics), can be a good investment bet for 6months to 1year.
Graphite India looking good for long, there is long time trend line break and seems W pattern emerging.
Apollotyres looks bullish, Price rejected from all time high supply levels and Price is trying to cross all time high again with good volume, Higher time frame candles also looks strong and there is small cup pattern in daily time frame, we may see price breaking all time high and move towards 315/330 levels very soon or it may consolidate some time and go to...
We are going to have long entry in Hatsun Agro above11:50 level There is no support or strong supply zones above. except at 1180 to 1240 level there may be bit resistance. everything is compressed on the left side. It can be a good pick for positional or investment purpose for at least a year or two.
This long time trendline broke but could not continue the rally after break, There is this trendline which is holding now and there is a channel formation as well along with this trend line, Now price is moving towards the trend line where it meats with channel middle line, expecting some rejection here and Price may come down before it moves and break trendline...
HCL Tech broke Weekly trendline and came for retest, seems to be formed double bottom, expecting it to be more bullish above 975levels. Education purpose only.
Fibbo from Major high to Major low and stock is taking support at 0.618 We may plan trade once a day candle closes above 3340 with good volume ( Trendline break ) and came to retest 3240/50 levels (for conservative traders), for aggressive traders who can take bit large SL then can enter above the candle with breaks trendline and closes above 3340. SL should be...
Cup and handle pattern formation in Grasim 1hr Time Frame chart and Inverse Head and shoulder pattern and small consolidation, Higher Time frame trend also looks strong, if 1hr candle closes above 1775 then it can go for 1820 levels, if it continue and break 1850 levels then we can see 1900 level in very short time. (this cup pattern sits with inverse head and...