SIEMENS has given decisively breakout at 1700 level on weekly chart with just above 5 day average volume. good to enter when retraces to 1700 and takes support. showing RSI momentum strength on daily chart. on weekly scale it is near over brought range. it could reach 2000 price.
it is forming symmetrical triangle on weekly chart. and strong support seen at 600 level. and this stock has been consolidating between 600 - 666 for the last 6 months. RSI is at 47, which took support at 40 and raised from there. +ADX > - ADX indicating bullishness. but ADX line is in downward indicating low momentum. risk to reward is favorable as current...
it is currently close near neckline of inverted H&S on weekly scale. sustaining above neckline with good volume will take this stock to new all time high.
EIDPARRY has given breakout with good volume and today it has retested breakout level. sustaining above 20EMA could take this to 400 level.
it is forming a bullish Pennant on Daily chart since May, a breakout at upper trendline could give 30% upside. it couldn't able to sustain above RSI 60 level. in the last 3 instance it failed sustain/break RSI 60 level. keep an on this stock for sustainable breakout.
WHIRLPOOL has formed a Pole Flag pattern and it has given breakout at flag, but there is no spike in volume and RSI is below 60, any uptick on these two will bring momentum to this stock. it can retrace to previous high.
CAPLIPOINT is trading near neckline and also trading near 200 DMA. breaking above neckline gives a potential up side. CPR is Narrow, indicating a trend ahead.
Stock has touched multiple resistance points of upper trendline and forming higher bottoms and lower highs, expecting a breakout soon in this counter. keep this on your radar.
ULTRAMAR has given pole flag breakout on weekly chart and retested it then two continuous bullish candles on weekly basis. on Daily scale it is forming rounding bottom with a high around 290 levels. 280 levels look like resistance on weekly scale of closing basis. if it sustains above 280-300 level it can go upto 380 followed by 430 levels.
JUSTDIAL has formed a Pole Flag Pattern on Weekly chart and it shows that it has given breakout today, if it sustains for this week then it is clear b breakout. keep this on radar for this. it has a potential to reach 1000 levels. Narrow CPR on Daily Chart RSI - 75 on Daily, indicating bullishness.
Inverted H&S on M&M on 15 minutes Chart Neckline breakout occured
SONATASOFTWARE has formed pole flag pattern on daily, it is facing key resistance on daily scale and 430 has become all time high, if it breaks 400 level with volume it can reach upto 430 which is all time high. keep this stock on radar. on weekly closing basis, 400 has become highest price ever. Now this is struggling to cross 400, flag breakout gives potential...
RAIN has given breakout on weekly chart, Patterns: Inverted H&S on Weekly Cup Handle on Weekly Fibonacci Retracement on 21-Dec, it has given false neckline breakdown, however it reclaimed it with good volume. it sustained above neckline after giving false breakdown of neckline. it as given Cup& handle breakout on weekly with good volume it has retrace 61.8% of...
IGL has given breakout on daily chart with good volume rise. Nearing all time high. weekly highest close is 511.30. sustaining above 500 level could take this to new highs potential upside is at 655. RSI is at 68 on weekly. CUP&Handle can be seen on Weekly and Daily Charts.
it has multiple resistance/support points on weekly chart at 300. breakout at this level will give potential to reach 390-400 levels. watch-out for breakout on daily chart at 300. it is trading in a ascending channel, after making a recent high near 300 it has retraced to 220 levels and again moving towards 300 level. RSI is inch closure to 60 level on daily...
GODREJCP is currently forming right shoulder of inverted H&S, reaching neckline at 760 complete the right shoulder formation, and breakout above neckline will give a potential to reach upto 1066. watch this stock on radar.
HIKAL has been trading in a channel from Aug-2016, except in march-2020 crash, however it has reclaimed channel and touched upper end of channel and made a double top around 215. Now it has touched a lower end of channel and formed a hammer. check out trend reversal on daily time-frame for a target of 200. which is 25% upside from current price. it has also...
DHANUKA has shown multiple chart patterns on different time frames. Strong results posted in the last two quarters. Monthly: Rounding Bottom Cup & Handle Pattern Both these patterns are showing highest upside potential of 1550 levels. Weekly: Pole Flag Pole Flag has a potential to reach 1330 levels. Daily : Triangle pattern Triangle...