Stock has seen last 2-3 days of selling with above average volume. It has fomed bearish flag and shall confirm breakdown below 1870 with space till the trendline or previous swing at 1600 level.
Stock is trading near major support as it is a confluence zone of horizontal support as well as trendline support. Below 105 bearish trend will be confirmed.
Stock has formed head and shoulder and has given close below the neckline. A close below 205 will confirm downside as it will act as a swing support.
Shree cement has formed ascending triangle and is at a minor resistance of 24000 level and a major resistance being 26000 level.
Stock has bounced from major demand zone and has given trendline breakout. Immediate resistance is at 2400 and next is at 2600.
IGL has been moving in ascending triangle for last couple of months. A close above 450 shall open doors for 500-510.
Volas has closed near the resistance level of 850 with huge volume. Above 850 stock might head towards 1000 level after giving a pullback.
Stock is near major supply zone. Once sustains above 380 will move towards another small resistance at 410 and will complete rounding bottom. Will consolidate before giving ATH breakout.
Stock didn't manage to sustain at 52 week high and has retraced amd closed negative. Will be interesting to watch how it plays out in the coming days as it is maintaining the trendline for quite some time now.
Stock if closes and sustains above 680 then it will heads towards completing rounding bottom at 850 level.
Stock has given breakout from accumulation zone and has completed the retest too. Now the stock looks to be heading towards 760 level for completing rounding bottom.
Stock has given breakout from major supply zone and likely to complete the rounding bottom after giving a pullback or retesting the breakout level.
Stock is a inch away from completing rounding bottom and then might consolidate for a while and then start new leg of upside rally.
PGEL is moving in a wedge pattern for a long time. Now the wedge is compressing and could breakout either side.
Stock has completed rounding bottom pattern and shall consolidate here for sometime inorder to start new leg of rally.
Stock has closed at the resistence and is yet to give a breakout. A breakout from consolidation will trigger good momentum in the stock for the coming days.
Stock is near multiyear year support turned resistence level. There is volume activity for the last few weeks too. Stock is coming out of accumulation zone and might head towards completing rounding bottom pattern.
Stock has given trendline breakout after bouncing from major support level.