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Healthy Breakout along with price and volume action. Momentum Indicator as just given a +ve crossover on weekly chart.
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Stock has given a multiyear breakout at 65Rs with high volume which we can see in video. Such kind of Volume is happen 1st time after it got listing which indicate that we might see stock towards 90-95-100 along with support of 55. Momentum indicator is also just given a positive cross over.
As per daily chart, Axis Bank has given a Breakout above it's Resistance line with high volume where Momentum indicator has also turned into positive sign.
Saying that on lower side it has strong support of 750 along with resistance on 850.
As you can see in the chart today Small cap 100 Index has broken it's Rising Trending Line which started in Month on Nov. 2020 at 5700 and from that point we have witness a good upside till 10800.
DO remember that whenever we need to take big Jump we have to go back 2 steps.
Same is Happening in Small & Midcap Index.
Now Major Support on Small Cap is 9300 on...
SGX NIFTY View for 01-06-21 CMP:15640
Resistance: - 15700-15725
Support: - 15575-15500
Note: As per Yesterday SGX Nifty where it has able to close above 15500 which now act as immediate support for the upside rally towards 16000. Until and Unless we are able to sustain above 15450 current UP trend will be intact where it will go by forming Higher Top and...
Stock has Given a Long term breakout on Weekly Chartof Bullish Price pattern called Horizontal S&R Line Breakout as you can see it has break all the previous resistance and able to sustain above 102 Rs and also volume is also increasing. All Momentum Indicators are turn into Positive from Neutral which is sign that we may see good up side here from now towards...
Stock has given a Good Breakout above 30.75 with spike in Volume which indicates that in days to come we might see the resistance of previous swing high i.e. of Rs 35-37
with support of 30. Along with Price and Trend Analysis Breakout Momentum indicator is also turn into positive territory.
Friday we have witness a good rally in the stock which has able to close above it's phycological resistance of 2050 and given a healthy breakout along with volume action.
Next level which we might see is 2200 along with support of 2000.
Stock has change it's trend from Sideway to Upwards.
It is the stock from Textile Industry.
In Last week stock has given a good rally which can be seen in below image along with volume action and other supporting indicator is also in Positive territory.
It is the sign where stock might hit towards it's next level of 80Rs as a Resistance along with the support of 62.