REPCOHOME cmp 530.10 Time Frame: Weekly chart Upside possibility: Min 30-40% returns Add qty on dips Waiting period : 6-9 months SL : below 430 (WCB) Note: Educational purpose. Please do your own research before investing.
* Downward channel pattern * Resistance and Support levels are mentioned * A 30 Min candle has to come out of the channel and close above mentioned resistance level * If that happens, we might see a rally up to 48500
* NIFTY current spot price 22530 * Looking Bearish as the Trendline support is broken comfortable with a Bearish Candle * Stay cautious with Longs, atleast for next week * Possibilities on the downside is 22000-21850 * SL above 22800
IBREALEST - Looking strong in Weekly Time Frame * Survival of the Fittest in this Weak market * Technically structured pattern * Waiting for a Trendline resistance Breakout * Looking good to go long from here !!!
This is to share the technical analysis with you all! * Technical pattern: Rounding bottom in 30mins TF * Broken horizontal resistance with powerful Bullish Candle * Best range to enter 222-220 * Looking good for upside movement up to 15-18%
current spot price 46600.15 1. Waiting for the candles to come out of Downward channel 2. Strong closing in a 30 min candle is required for further upside movement in BNF 3. If broken, we might see some sort of relief rally (500+ points)
RICOAUTO - Huge BO earlier and now Retesting is almost completed.
Nifty is going through distribution phase. Time to be cautioned !
Nifty 500 stock - HAVELLS 1. Trendline Resistance BO with strong master bullish candle 2. Volume spike (almost nearby all time high volume) 3. Clean multiple touches on the Trendline Resistance 4. Looking good with Weekly time frame chart 5. Waiting period : Minimum 3-6 months 6. Best buying zone : 1510-1490 7. Target1 : 1990-2010 8. SL : Below 1300 on weekly...
* Superb CUP and HANDLE pattern on Weekly time frame * Looking good for 3-6 months for a superb return * Technofunda analysis sounds good * Please follow RISK MANAGEMENT before you initiate a position
As mentioned in the chart, couple of GAPS are there pending to get filled A close above 16850 and successive higher high is a must for next BULLISH RUN to begin. However, it would safe if the pending gaps are filled and then close above the key mentioned levels