brijmohan_h

brijmohan_h

### 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...

brijmohan_h

### 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...

brijmohan_h

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...

brijmohan_h

The stock has formed a rounding bottom and currently following the breakout and expected to follow the trend till the target given with Minor dips in between. RSI is above 70 showing strength.

brijmohan_h Updated 

Currently at the lower end of the Trend line on Monthly Chart. In the long run, the share can easily give high returns..

brijmohan_h Updated 

Bank of Maharastra is currently making a Rising wedge pattern. It is also making a shooting star at the upper line of the wedge signifying selling pressure.. The price if breaks out of the rising wedge in coming weeks can drop to 55 levels where it has support.

brijmohan_h

The script is currently at the support level . The Pattern seen is the Cup and Handle Pattern with Handle now at testing the support level ( See Big green Candle ) which is acting as a support here. The Script has the potential to give break out and can easily scale to 58 levels from Here. It is unlikely go down from here due to bunch of candles formed in the...

brijmohan_h

Its following a channel.. currently breaking out and might retest in coming days. DAILY RSI is 70 showing strength / Weekly RSI is 66 ( Showing strength) Monthly RSI 49.12 . Ideally I would want it to be above 50 but this is good and should get over 50 by the end of the month.. Price might jump to previous highs

brijmohan_h

The chart is making a rounding bottom and in the short time , following a parallel channel.

brijmohan_h

Its forming a Rounding bottom on Monthly Time Frame. Currently Retesting on the recent breakout.

brijmohan_h Updated 

On Monthly Chart, it is breaking a 13 year old treadline On Daily Chart, Multiple Patterns are visisble supported by Volume In long term , close above 96 can take this to 134 135

brijmohan_h Updated 

Its making a Head and shoulder pattern , Resistance at 181 and 195 It would be interesting to see this script in coming days and once it crosses 181 and 195.

brijmohan_h Updated 

Trendline Getting Respected Retest zone will be interesting to watch on DCB. #Learning #Observation Use Discretion !!! Just for Educational purpose

brijmohan_h Updated 

Forming Rounding Pattern , Almost ready to break the resistance , Volume is looking good MACD Line crossing Signal Line and above central line. Everything looks positive on the weekly chart. The stock can go till 300 levels from here.

brijmohan_h Updated 

IRB Infra- Weekly Time Frame - => MACD Crossing Signal Line => MACD Crossing Central Line => Symmetrical Traingle Breakout => Volume Present

brijmohan_h Updated 

SBI is at a strong support and has the potential to bounce back from the current price levels. It has corrected in recent times

brijmohan_h

#HDFCBANK showing support level. It has returned from this point in the past.( Currently at lower level of the channel). MACD nearing Signal Line. RSI also started showing upward moment after bottoming out. . . Fundamentally , this stock has no red flags at this stage. . Going by the analysis. HDFC Bank is a good buy at current levels. . This is not a...

brijmohan_h Updated 

Script is facing resistance at 115, attempted to break it multiple times. It also has good volume support . Its just a matter of time before it can cross these level which will then become the new support levels for this script. The script also created a cup and handle pattern and successfully breaked the earlier resistance of 105 despite negative sentiments.