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brijmohan_h

Price Action: 1. **Ascending Channel**: The price is still moving within an upward sloping channel. Currently, the stock seems to be testing the lower trendline of the channel, which has served as support in the past. A break below this level could lead to a deeper correction, while a bounce off this support could trigger a rally toward the upper end of the...

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Price Action: 1. Trend Channel:The price is moving within an ascending channel, with multiple touches on both the upper and lower trendlines, indicating the price respects these levels. 2. Bullish Divergence:** A bullish divergence is visible as the price forms lower lows while the RSI forms higher lows. This suggests a potential reversal or upward momentum. 3....

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This chart displays the daily price action of Indian Railway Finance Corporation Limited (IRFC) on the NSE (National Stock Exchange of India). Here’s an analysis based on the chart provided: ### Key Observations: 1. **Descending Wedge Pattern**: - The price action has formed a falling wedge, a bullish reversal pattern. The price has broken out of the wedge,...

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1. **Cup and Handle Pattern**: - The pattern looks like a "Cup and Handle" formation. The cup is the rounded bottom, and the handle is the slight consolidation or pullback after the cup's high point. This is generally a bullish continuation pattern. - The breakout from the handle typically signals a bullish move. 2. **Trend Channel**: - The price is...

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-> The company has shown a good profit growth of 151.97% for the Past 3 years. -> The company has shown a good revenue growth of 15.20% for the Past 3 years. -> The company has significantly decreased its debt by 6.08 Cr. -> Company has been maintaining healthy ROCE of 25.02% over the past 3 years. -> Company is virtually debt free. -> Company has a healthy...

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### Volume Contraction Pattern 1. **Ascending Triangle**: The price action forms an ascending triangle, which is typically a bullish continuation pattern. The price is making higher lows while the resistance level remains relatively flat. 2. **Volume**: There's a noticeable decrease in volume during the formation of the triangle, which is common as traders await a...

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Trendline and VCP Pattern: - The chart shows an upward trendline indicating a long-term bullish trend. - There's a visible "VCP" (Volatility Contraction Pattern) forming. This pattern typically suggests a consolidation phase where price volatility decreases before a potential breakout. Support and Resistance - The price is currently around ₹45.35. -...

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#### 1. **Price Chart Analysis (Upper Section)** - **Uptrend Channel**: The price is moving within a clearly defined upward channel, indicating a long-term uptrend. - **Support and Resistance**: - **Channel Support**: The price has touched the channel support multiple times, confirming its validity. - **Horizontal Resistance**: There is a horizontal resistance...

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1. **Price Movement**: - The price has been in an uptrend since mid-2020. - There was a consolidation phase that lasted from mid-2021 to mid-2023, forming a symmetrical triangle or a range-bound pattern. - Recently, the price has broken out of this consolidation pattern to the upside, which is a bullish signal. 2. **Volume**: - The volume spikes...

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The script is showing Trend Reversal supported by Bunch of Volumes and Bunch of Candles Buy above 175 , can go till 200

brijmohan_h Updated 

The chart is showing Rounding bottom on MTF with RSI and volume support during the previous break. The chart is self explanatory

brijmohan_h

### Chart Patterns: 1. **Cup and Handle Pattern**: - **Cup**: The price action from mid-2021 to mid-2023 resembles a cup formation, with a rounded bottom indicating accumulation. - **Handle**: Following the cup, the recent price action seems to form a handle, typically characterized by a downward consolidation. 2. **Descending Triangle**: - There is...

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Technical and Fundamental Anaylysis for Global Offshore Services Ltd. If you like the analysis, please do not hesitate to give boost to the stock idea. ### Price Action Analysis 1. **Head and Shoulders Pattern:** - **Left Shoulder:** Formed around mid-2022. - **Head:** Formed around early 2023. - **Right Shoulder:** Currently forming around mid-2023 to...

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Time Frame : Weekly ### Technical Analysis: 1. **Symmetrical Triangle Pattern**: - The chart shows a symmetrical triangle pattern, which is a consolidation pattern that usually leads to a continuation of the previous trend. - The price has recently broken out of the triangle, indicating a potential bullish move. 2. **Price Movement**: - The breakout...

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The analysis is for Long term where in it is showing potentials of reaching triple digit in coming years. (5,10,15) ### Price Movements: 1. **Current Price and Trend:** - The current price is \(84.41\) INR, up by \(11.56\) INR (+15.87%). - The stock is in a strong upward trend, as evidenced by the ascending price channel. 2. **Price Channel:** - The...

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### Rounding Bottom Pattern: 1. **Pattern Identification**: - The chart clearly shows a rounding bottom pattern, characterized by a long, gradual decline in price followed by a slow and steady rise, forming a "U" shape. - This pattern suggests a reversal of the prior downtrend and typically indicates a bullish reversal. ### Key Levels: 1. **Support and...

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### Key Patterns 1. **Inverse Head and Shoulders Pattern**: - **Left Shoulder**: Formed around late 2017. - **Head**: Formed around early 2020. - **Right Shoulder**: Formed around early 2023. - This is a bullish reversal pattern suggesting a potential upward movement. 2. **Neckline**: - The horizontal line connecting the peaks of the shoulders and...

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The chart you've shared is a technical analysis of the NBCC (India) Ltd. stock on a weekly timeframe. Here's an interpretation and analysis based on the chart: 1. **Chart Pattern**: - **Cup and Handle Pattern**: The chart appears to show a "cup and handle" pattern, which is a bullish continuation pattern. The cup is formed from 2020 to 2024, followed by the...