• Strong Previous Breakout: The last breakout candle signaled bullish momentum • Weak Pullback: Recent pullback candles show minimal selling pressure • Drying Up Volume during pull back: Signaling the pull back validity • EMA 11 Support: Potential bounce point near the 11-day EMA • High Momentum: Trading above the major moving averages This is not...
What is your inference on Ajantha Pharma's channel breakout; 4 Attempts - 3 failures, One Success????
1. Cup & Handle Formation 2. Excellent Volatility contraction 3. Strong build up at resistance 4. Excellent rejection candle from EMA 11 5. Showing relative strength 6. This information is for educational content and should not consider as financial advice. You are solely responsible for your investment decisions
1. Confirmed Breakout Fueled by High Volume 2. Quadruple Breakout (Parallel Channel, Inverted H&S, Ascending Triangle, Resistance) Hints Uptrend 3. Multiple Breakouts Signal Bullish Momentum & Potential Uptrend 4. PFC Soars above Short-Term Moving Averages 5. Watch for Rejection Candles at Support (428-432) During Pullbacks 6. This information is for...
Stock given an inverted head and shoulder pattern breakout with a strong bullish candle with excellent volume suggesting a shift in sentiment…
Get Ready for a Post-Pullback Surge Stock @ Descending Triangle Tipping Point Price rejection from EMA 21, Fib 0.382, and previous support creates a bullish momentum, suggesting buyers are defending the level and a potential breakout opportunity. This information is for educational content and should not be considered financial advice. You are solely...
Strong Upward Momentum: Exide Industries has been experiencing a significant price increase, indicating strong investor interest. Heavy Volume Surge: Trading volume has spiked over the past 10 days, suggesting increased buying activity and potential for a breakout. Rising Delivery Volume: The rising delivery percentage signifies that trades are being...
The stock price pulled back slightly after reaching an all-time high (ATH) of Rs. 444. The decline in trading volume during the pullback suggests a potential reversal in price. The stock appears to be forming a descending triangle pattern The formation of a doji candlestick near the support level, combined with the 11-day EMA and the 0.236 Fibonacci retracement...
1. Ascending Triangle formation 2.Strong rejection candles from support zone (a potential sign of support holding)
1. Shakti Pumps Ready to Rally After an Inverse Head & Shoulders Pattern Break out 2.Volume is rising 3.RSI is trending 4.High Momentum stock 5.Mutual funds added 16,54,944 shares of Shakti Pumps with a total market value of Rs 220.70 crore in.Mar.24 (Highest MF buyers are SBI & LIC) This idea is for educational purpose only. Take advice of your financial...
Jyothi CNC Automation is showing signs of strength while the broader market weakens. The stock appears to be completing a pullback and is outperforming the Nifty, which is down by 1.03% (234 points). Jyothi CNC Automation is currently up by 0.95% with good volume