VijayBabuA

VijayBabuA

it is trading near higher end of the channel on weekly chart. RSI is above 60 on weekly chart.

VijayBabuA

it has given cuphandle breakout on daily chart. looks good for 15% upside from 1630 levels.

VijayBabuA

it is trading in a falling channel range on 15 Min chart. and currently trading near support level of 680.

VijayBabuA

pull back is expected on this counter. bearish divergence spotted on daily chart.

VijayBabuA

it seems to has given good weekly breakout after a long consolidation of 3 quarters.

VijayBabuA

it has formed a Flag pattern on lower time frame. consolidating for the last one week with lower volume. breakout at upside can give good rally ahead

VijayBabuA

it is taking support at 20W MA. and heading towards 52W high breakout. 600 could act as good resistance. ATH resistance placed at 660. Monthly RSI indicates bullish momentum continuation. it has been consolidating near breakout level between 500-600 range just below resistance trendline.

VijayBabuA

it has tightly consolidated between 140-160 for the last 4 months. RSI showing bullish strength on weekly chart. higher volume across candles indicates good accumulation during consolidation phase. 160 acts as strong resistance, tested multiple times. on daily chart shows cup & handle pattern.

VijayBabuA

on weekly chart, it has been taking support at 20W MA. better risk reward on weekly and monthly. price moving in a rising channel on weekly chart. consolidated nicely between 110-120 for the last 2 months on monthly chart lower trendline support placed near to current price. above 120-125, it can swiftly move to 145 with in a month. RSI indicating bullish strength...

VijayBabuA

it has retest breakout level of 120 on monthly chart, however in negative scenario's it may test 100. near term 150 looks resistance. monthly trendline breakout was failed. however support is near to the trendline, a fresh breakout may be possible soon or later.

VijayBabuA

Nestle has formed weekly & monthly Ascending triangle pattern and broke 18500 levels. all set for next leg of rally towards 25000.

VijayBabuA

it has retest breakout level of 600 on weekly and monthly. keep a watch list of this counter.

VijayBabuA

it has formed a double bottom on daily charts. it has taken support at 100DMA. 475 levels and resistance trendline could act as a resistance.

VijayBabuA

it has formed a CUP&HANDLE on weekly chart, weekly closing above 620 will openup further upside. looks like 800 is possible.

VijayBabuA

it has been consolidating for last weeks(2months) above 20W MA between 170 - 200 and trading near 20W MA. breakout at 200 level will open up 280 levels. RSI is at 60 on weekly chart indicating bullishness. it attempted twice to give breakout at 200 levels. on first attempt it retraced 33% from peak, and on second attempt retraced 13% off peak.

VijayBabuA

on weekly chart it has touched 20W MA and also retesting support after breakout. 600-630 will act as support on weekly chart. RSI indicates bullishness on Weekly chart.

VijayBabuA

it has closed at highest closing price on weekly and monthly charts. Formed a rounding bottom on weekly chart over a period of 3.5years. RSI above 60 in all timeframes(Daily,Weekly & Montly). Indicating bullishness. Consolidated between 330-380 over last two months, hope it will give breakout at ATH.

VijayBabuA

It has given very good breakout at around 300 level. for any dip 290-300 will act as good support. breakout was seen with good volume.