The stock has closed in Bull candle near multiple resistance zone, suggesting buying there. It is making higher low , shown by Upward sloping trend line. It has moved out of the Ascending Triangle pattern, which is bullish continuation pattern.
Monthly & Weekly continued uptrend. Daily charts has moved out of the downward sloping channel. Entry 196-194. TGT 215/240/250
On the daily charts , after forming double bottom , it has moved out of the downward sloping sloping trendline ,this suggests it can retrace the previous down move
Marico Breakout from ascending Triangle @_555 On the daily charts , it has retested the breakout point at 555 and started moving up , suggesting rise . On the weekly charts it is trading near the upper trend line of horizontal channel.
Oberio Realty Upward sloping trend line breakout On the weekly charts , it has moved out of the flag pattern. Bullishness intact . Entry points 850/1000. Exit levels 1200/1350/1500
On the weekly charts , Nykaa has formed reversal candle , eventually prices have closed in bull candle above the high of RC . In the coming days if it sustains above 153, the we can see prices retracing the previous downfall up to 162/189/213
Ramasteel is moving towards 60 , if we get close above 48. CMP 45. Looking at the price action , we believe it will move out of the upper trend line.
Why we bought Hind copper at 108. It posted a high of 151. On the daily charts . making higher lows. Long green Bull candle before breakout from the channel , suggesting buying. On 25 th july , again we witness strong buying @ 124
On the daily charts, Westlife move out of the Cup & handle Pattern. it closed in bull candle with volumes above the horizontal trendline.
On the daily charts, Oberio is forming higher low & High formation , suggesting further rise . It can test 1170 & 1300 in the coming months
Askok leyland has moved out of the Flag pattern @ 167. The price action suggests one can add at 184 for the TGT of 198.
Kamo Paints has closed in bull candle near multiple resistance zone at 250 , suggesting upside up to 363. It has moved out of the Ascending Triangle pattern, suggesting continued rise.
On the weekly charts , we need a close above 253 for the further upside in the stock.
PTC Financial has moved out of the multiples resistance zone at 22.50 and ended in a bullish candlestick formation . Looking at the price action we believe , it could retrace the down move from 51. to 6.55. On the upside , it can test 28.50, 31 & 34 in coming months.
Grasim has moved out of the ascending triangle @1800 . we can see upside of 5-6% in coming days.
AIA Engineering moved out of the ascending triangle pattern suggesting continued upside.
Looking at price action of TV 18 on the daily charts , we believe the stock can rebound in the coming weeks. Add on dips.
The price action of the stock suggests continued rise in the near -term.