BSE is within triangle pattern, buy near lower trendline, once upper trendline broken, it can move higher
1. chart pattern is moving in CnH pattern 2. Immediate breakout level given 3. immediate trendline support given 4. Short-term target given 5. Fundamentals not good, but EV might help make things better 6. My views only, trade shouldn't be taken based on this view
Vardhaman Textiles takes support from 44 SMA which is a bullish reversal, stock may complete the handle (of CnH pattern) and then breakout
Venkys has retraced from the trendline with good volume, keep an watch for next week
Price range is narrowing up, break and sustain above the descending trendline will take it towards ATH. Volume also getting dried up. Keep in radar
Keep an eye on ABFRL for long term. Close above 235 will be more positive. Stoploss below the trendline on WCB
Coal India weekly chart trend. Stock is near to the trendline, channel movement accumulated good volumes, Coal price to be increased by 10-12% (after 2018). Low intrinsic value, High dividend payout.
wait for a move on both side of the triangle to get a good trading either on long side or short side.
Bank Nifty took support on the trendline and bounced back in 15min chart. Can see good upmove tomorrow, views negated if closes below trendline
Coal India needs to move another 10-12% to break the trendline for higher moves. keep a watch on this script. Average volume in 2020 and 2021 is much better than any other year
It is going to move up, the deciding week is coming. Please see the linked Idea
INOX trend line, not very convincing, but forming a ascending triangle for short duration. One can buy small now and buy more if it falls till the yellow trendline. Any movement and sustain above 350 will push it higher. Fundamental: Though promoters are reducing stake, FII and DII are aggressively buying stake. Covid fading out gradually and INOX have big...
BPCL breaking the ascending triangle pattern for an upmove towards 550. Dividend will also boost up buying atleast till the record date. Stock closing below trendline may show bearish nature. FYI only.
Alkyl Amines always takes support near 50 DMA and moves up. Present reversal is near 50 DMA. Can buy some at this level and more if it comes close to 50 DMA. This is analysis only based on simple trend and not recommendation.
Varun Beverages, my version: The stock is about to cross the upper trendline. If it sustains the next candle closing above the trendline, then it's perfect BO :) Twice before, it couldn't sustain the trendline breakout.
Stock would try to reach first target of 850 according to Fib retracement. It has retraced to the last all time high level and bounced back this week.
Fineotex traded within the support for yet another week
This script normally forms a box and breaks out, box4 in progress?