Stock at a very crucial area Trend line support at 28.5 - 29 Also forming a wedge pattern Breakout / Breakdown Possible Upside stops 32 / 42.5 / 47 Downside 26 and more
Stock making a comeback with Highly unusual volumes 235-242 Strongest resistance area currently 210 Can be considered as excellent support as of now Small resistance at 255, if taken out, it may reach 300 soon
After good uptrend past few weeks, stock may be reaching an exhaustion point 4520 - 4580 excellent resistance area If stock takes a pause here, there is a high possibility of bears taking over again If happens so, it will be easy for the stock to reach its 1st potential target of 4160 Any close above 4600 will negate the view
Stock after 3 months of bearishness finally approaching at the area of its strongest support 620 - 640 can be assumed as an area of high confluence as well as strong support Stock may possible go sideways for a few days before finally taking off again to reach its first target of 690 and second target of 790 Keeping an advance alert for the approaching price range
134 - 139 - Area of High Confluence If stock takes support here, It may soon reach its 1st target of 150 If breaks the area, then it may bounce take resistance and head towards 120 as its 1st target
Stock currently in downtrend Slowly approaching towards support levels Area of 4600-4700 happens to be the best weekly & daily support Stock may pause, go sideways at these levels and bounce back View negates with any close below 4570 Excellent risk reward ratio as downside is limited but upside is unlimited
After 5 days of downtrend stock currently at hourly support Even daily support is nearby Stock may try to go sideways to bullish Area of support from 3360 to 3320 It may try to make many hourly Doji candles (Sideways) before turning upwards again Upper side resistance 3440 / 3520
Stock currently in Higher Highs Higher Lows After a brief uptrend stock may loose steam As it is reaching its strongest hurdle area of 275 If pauses it may possibly try to reverse High chances of not breaking and sustaining above 281 After reversal 1st stop can be near 240, if pushed further final stop can lead the stock to 210
Currently - Sideways Phase Accumulation / Distribution ? Hurdles post break out / break down 325 / 305 Targets post break out / break down 340 / 290 Plain n simple analysis
Stock in HH HL formation (Daily) Currently at last point of resistance (785) Formed a strong support reaching this point at 750-755 If breaks out can move towards 4 digit soon any move below 740 will negate the view partial entry at breakout and partial at pull back possible for proper risk reward
Stock currently stuck in the zone No events on the cards Upside rejection at 1800 Strong resistance at 1825 Downside bounce from 1765 Strong support at 1740 Strong straddle / Strangle candidate Take risk accordingly
Stock currently standing at psychological round figure level resistance of 200 Previous 3 times this level has acted as a strong support So possibly this time it may act as a strong hurdle View negates below 204 If not then stick can again test 180 levels quickly
Post result fall and dividend announcement stock has been trending sideways for approximately a month As we can see a perfect VCP pattern formation is in the play Upside small resistance at 2470 & 2500 Downside small supports at 2450 & 2420 Any side break and retest will further decide the path for the stock in coming days
Nfty after strong bull run finally ready to stuck and spend some time in the zone Possible resistance in the coming days 24535 - 600 - 650 zones up to 700 Possible support zones 24330 - 300 - 270 up to 200 nifty possible to remain in the above mentioned area until any other surprise factor arises Good opportunity for range base trading
Stock currently in strong uptrend But also approaching near strong supply zone Expecting the stock to remain in a pendulum mode As the expiry is far, and the premiums are as well high, a straddle opportunity is on the cards if played well Expecting the stock to remain between 1420 - 1350
Stock currently in strong contraction Post contraction resistance zones 975 & 1000 Supports at 950 & 930 As of now stock / sector / market all have bullish trends Also stock making higher highs and higher lows So expecting it to break and retest new trend line support before climbing higher
Stock at strong resistance zone of 2170 - 2190 Expecting to resist this area to test the available support areas of 2130 - 40 first then 2050 -70 If not it may sure resist at 2210 -2240 In any case waiting for at least 1 good sign in 30 or 15 mins for entry Any close above 2250 negates all the view
7.50 - 60 new strong support area 9 - 9.10 Strong resistance area Stock may stuck n reverse a little before turning around Once close above 9.10 next stop only at 11 & 13.60 Trade accordingly