anuragAnand321

anuragAnand321

Balkrishna Industries (BALKRISIND) has shown a strong uptrend in the major trend and has recently formed an inverse head and shoulders pattern during the pullback phase of this uptrend. The neckline of this inverse head and shoulders pattern has been broken, and the stock has also taken support at this neckline, further reinforcing the pattern. These factors...

anuragAnand321

I've cloned the previous correction pattern (AB) and aligned it with the current top (C), which I am considering as the top of this bull run. Interestingly, the cloned correction aligns perfectly with key demand zones (highlighted as green boxes) and a trendline that has now converted from resistance to support. Keep an eye on this. Could be an exciting time for...

anuragAnand321

Here's a detailed look at JK Cement's chart that caught my eye. 1. Resistance Zone: The stock faced strong resistance around ₹4,500, with multiple rejections at this level over the past few months. This was a tough barrier to crack! 2. Higher Highs and Higher Lows: The trend has been bullish, with a clear formation of higher highs and higher lows, signaling...

anuragAnand321

Hatsun previously formed an uptrend pattern, followed by a pullback or correction. If we look closely at this pullback, we'll notice that a minor downtrend has converted into an uptrend, or we could say, an inverted head and shoulders pattern, which is a bullish indicator. The breakout above the top of the right shoulder also confirms that buyers are genuinely...

anuragAnand321

As shown in the chart, the price was previously coming down every time it was touching its resistance line. But recently, it has broken its resistance and took support on the same resistance line and formed an inverted head-and-shoulders pattern, which is a bullish-reversal signal. So, these all are suggesting that NESTLEIND is ready for the next bullish move.

anuragAnand321

In the major trend, the stock is in an uptrend, and in the minor trend, the price has consolidated just below a key resistance line, as highlighted in the chart. Recently, this resistance line was broken, and the price has since retested it, successfully finding support at that level. Given the overall technical setup, this appears to be an opportune moment to...

anuragAnand321

VBL has shown a correction and then a reversal pattern, as illustrated in the graph, after a very bullish move, suggesting that this move will continue further.

anuragAnand321

CDSL previously showed a very good bullish movement and then went through some correction where it formed a head and shoulders pattern. While forming the right shoulder, it went up aggressively, creating a demand zone where the right shoulder should have formed, as shown by the dotted line on the graph. Now the right shoulder has formed upside, and the top of the...

anuragAnand321

The stock initially formed a head and shoulders pattern following a bullish trend. Typically, at the right shoulder, the price was expected to decline. However, instead of forming the right shoulder, the price broke upward and moved aggressively higher. This sudden upward movement indicated a strong demand zone. The price then pulled back to this demand zone,...

anuragAnand321

It was forming a head and shoulders pattern as shown in the graph, but it failed to form the right shoulder, indicated by the red box B. Instead, the price went up aggressively, suggesting that the red box B has now become a demand zone. After that, the price came down to the demand zone and, upon touching it, showed a bullish candle, indicating that it's the...

anuragAnand321

Havells appears promising for long-term investment. While it has been experiencing a correction phase since late 2021, recent developments suggest that this phase may be nearing its end. The stock has exhibited a strong reversal pattern, as depicted in the image. Consequently, it's showing signs of resuming its upward trajectory.

anuragAnand321

This stock has demonstrated a highly bullish trend in the past. However, in recent years, it underwent a correction phase. The current reversal from this downtrend suggests that the stock is poised for its next bullish movement.

anuragAnand321

A small pullback is expected from the current price and the level around 20,000 will serve as a pivotal support during this pullback phase. This corrective movement is projected to extend until May, coinciding with the declaration of the Lok Sabha election results. The outcome of these elections may potentially act as a catalyst, triggering a breakout and...

anuragAnand321

Happiest Minds, after a substantial bullish surge, experienced a significant downtrend. However, there are promising signs indicating a potential reversal in this downward trend. The stock's current market dynamics suggest favorable conditions for a swing trade opportunity. Traders may find it worthwhile to explore the potential for a rebound in Happiest Minds,...

anuragAnand321

DRREDDY has recently experienced a significant breakthrough by surpassing a major downtrend trendline. Following this breakthrough, the stock has found support at this trendline, exhibiting resilience during a minor pullback. Impressively, the pullback appears to be reversing, indicating a potential upward momentum. Given these promising technical signals, the...

anuragAnand321

DIVISLAB looks good for long-term investment. Technically speaking, it has broken the major downtrend(solid white line) and it has also failed to make a new lower low by breaking minor downtrend(dotted white line). This resilient performance signals a bullish trend, suggesting favorable conditions for potential long-term gains.

anuragAnand321

Pidilite, a consistently expanding stock, underwent a corrective phase over the past two years. However, there are compelling signs suggesting that this correction is now reaching its conclusion. The current market conditions present an opportune moment to consider acquiring Pidilite, as it appears to be poised for potential growth following the recent correction.

anuragAnand321

MAPMYINDIA has previously shown a very bullish move and after that it has recently consolidated a little and gave a pullback and now this pullback's downtrend has successfully converted into an uptrend which is indicating that price is ready to show the next bullish move.