apstockanalysis
What your study says about this stock.? comment it here. and share your thought.
Technical Setup Overview: Chart Type: 2-hour (Intraday) Trend Channel: Clearly drawn ascending (bullish) trend channel. Support line: Currently testing or near the lower support of the channel (~242). Resistance line: Upper channel has been tested multiple times near 257–260 range.
🟢 Price at lower trendline of ascending channel – potential support zone 🔄 Signs of bullish reversal near key support 🌍 Geopolitical tensions (e.g. war concerns) could lift crude oil prices – likely positive for ONGC 📅 Watch closely for upside move this week if reversal confirms Note: This is a technical study, not financial advice.
Chart Analysis (Study Purpose Only): Pattern Observed: After a sharp uptrend, the stock has formed a falling channel (bullish flag) — which typically signals a continuation of the trend. Support/Resistance: The price is consolidating above a long-term trendline resistance, which is now acting as support. Resistance zone is near ₹365–₹367, and support is around...
Note : This is only a chart analysis and for study purposes. Not a recommendation to buy or sell. Chart Analysis Summary: Breakout Zone: The stock has clearly broken above a descending trendline that acted as resistance for several months. The breakout was supported by a strong bullish candle with notable volume, indicating genuine buying interest. Volume: The...
Chart Pattern Ascending Triangle Formation: The price is forming higher lows, indicating buyer strength. Resistance is near the ₹412–₹414 zone, with multiple rejections in this region. A breakout above this level could lead to a strong upward move. Indicators RSI (Relative Strength Index): Value: ~57.18 → Neutral to slightly bullish. No overbought...
Bullish Signs Price is forming higher lows since April. MACD bullish crossover. RSI divergence and rising momentum. Consolidation near trendline = potential pressure for breakout. MACD MACD line is crossing above the signal line—this is typically a bullish crossover. Histogram bars are turning positive, confirming the bullish momentum building up. YES,...
Short Analysis: Chart Pattern: The stock is currently trading near a strong horizontal support zone (~₹151–₹155), tested multiple times. RSI: Shows bullish divergence around 45, indicating potential upward momentum. MACD: Close to a bullish crossover, signaling a possible trend reversal. Volume: Slight rise in volume supports the current bounce attempt. ...
Volume Analysis: Significant spike in volume: Today’s volume: 91.97M, compared to the 20-day average of 14.1M – a huge surge. This spike suggests strong institutional activity or a possible reversal attempt. Combined with the bullish candle, this implies accumulation at lower levels. Do your own study and analysis then trade. its only for study or...
This is not a recommendation, but rather a watchlist alert from my personal portfolio. The stock is currently trading within its established range channel and is near a key support level. The chart setup looks strong, and the risk/reward ratio appears favorable at this point. Please conduct your own research and analysis before making any trading decisions. Thank you.
Generally, we look for stocks that appear to be at the bottom of a trend indicator, signaling potential upward momentum. MGL is a perfect example for this kind of study. -> its level at bottom of trend. -> indicator shows it should be turn trend changing in coming time. -> momentum can be captured by volume. this way we identify stock that they can give...
As the saying goes, history repeats itself. This chart is forming a pattern very similar to the previous one: There was a divergence earlier — and now, the same type of divergence is developing again. The MACD previously shifted to green — it’s now showing a similar shift, with selling pressure decreasing. The price was near a trendline breakout before —...
Study and Analysis Perspective 📈 Opportunity Overview: There appears to be a short-term bullish trend developing in Reliance Industries' stock, presenting a potential opportunity for traders and investors over the next 1-3 days. This window could align with technical, market, or news-driven factors. Technical Indicators to Watch: Price Action Risk Management...
The Nifty index appears to be forming a classic "W" or double bottom pattern at its current lower levels, which it has been testing for the past few weeks. This is a strong technical signal often indicative of a potential trend reversal. Meanwhile, the Dollar Index (DXY) is hovering near its peak levels and is showing signs of a divergence pattern on key...
Deltacorp stock could be a swing trade opportunity, but it's important to do your research before making any decisions. Here's a breakdown: Possible Bullish Signs: Strong Momentum : This can indicate a potential price increase. Ascending Triangle Pattern : A breakout above the triangle's resistance level is often seen as a bullish signal. Potential...
InfoBeans Technologies: Potential Swing Trade for Long-Term Gains (6-8 Months) InfoBeans Technologies Ltd. (NSE: INFOBEAN) appears to have broken out on the weekly timeframe, indicating a possible shift in momentum and increased investor interest. This could present a swing trading opportunity for those willing to hold for a 6-8 month timeframe. Remember,...
As previous prediction was gong 100% correct. As Election results session going on , we see many volatility. But out of this session we have one opportunity for swing trading in crudeoil. In range channel support has taken so according we can plan for bullish swing trading. Do you analysis and plan trade. Regards,
Yesterday 10% fall seen as one of promotor has reduced 5% their holding that's why following many traders has sold this and it was at lower price. But i think in different way as someone has sold 5%, even someone has bought as well 5% and might be more because it was available with discount price then previous day. Basically stock up down is part of stock...