CDSL stock has been following a ascending channel pattern in daily and weekly timeframe and is near make/break level If the stock sustains above 1465 then buy for LONG positions as and when we get a confirmation candle.
Supporting Indicators:
The Stochastic RSI gave a crossover arounf 1407 levels and this leading indicators move was confirmed by two consecutive...
RELAXO has been following a bullish ascending parallel channel as observed in daily and weekly timeframe and close to breakout levels from this channel pattern as it scales it all time high.
Indicators confirming/strengthening our bullish conviction for RELAXO:
The Stochastic RSI gave a leading crossover indcation at levels of 1340 which was confirmed by the...
ICICIGI is trading in a bearish channel close to make or break level. The stock is just around its 100 day EMA and this might be a level which it may bounce back from.
On closing basis it has ended below 100 day EMA so if a bearish candle is given as confirmation in next trading session we may expect a further downside with sectoral consolidation going on in...
Triangular Pattern Breakout in ICICIGI
Has formed a rounding bottom consolidation and gave a breakout above 1500-1505.
Recent MACD crossover confirmed by Aug 18 candle closing at 1485.
Also supported by crossover in Stochastic RSI.
Can buy on retest around considering a byy zone of 1495-1515.
Expect a target of 1595-1600 .
The Titan stock has been showing a channel move in a down-trend. It is currently poised around it 100 day EMA and close to break out (BO) from channel trend. If the stock gives a BO then 100 day EMA will act as a strong support followed by 1398 level which would be an ideal stop loss as it has been tested multiple times before. A cross-over is seen to be given by...
