eastwind65

eastwind65 Updated 

Alembic has completed a Rounding Bottom Pattern. The Resistance zone around 138-144 has to be broken and after a possible retest can enter for the next Target of 225. Keep on watchlist.

eastwind65 Updated 

Indusind Bank has been trending within a Parallel Channel right from June 2022 and taking support on the Bottom trendline multiple times. The Zone between 1560-1580 has been acting as a Resistance Zone from February 24. In the near term we can see that a Rounding Bottom is being formed. Entry can be taken above 1460 for a near Term Target of 1550. Do your due...

eastwind65 Updated 

Granules has been moving in a sloping Parallel Channel with an ATH of 480. There is no conclusive breakout and a Trade can be initiated with a Bullish candle on DCbasis.

eastwind65 Updated 

Texmaco Rail & Eng has formed a Round Bottom on DTF and has broken out of the Resistance Zone @ 225-223 with high volume. Can wait for Retest for Target of 300.

eastwind65

IRFC has completed a round bottom formation and has broken and retested the Resistance turned Support Zone @ 189-196 on DTF. It has also given a breakout for a possible target of 270.

eastwind65

IFCI has completed a Round Bottom Pattern and is facing resistance @ 70-73. Once the level has been broken decisively we can look to enter afresh for the next target of 100.

eastwind65 Updated 

Senco Gold has been moving in a Channel from 12 September 2023. There is also a Round Bottom formation on DTF and has broken out of the resistance Zone @ 1053-1075. It has also reached ATH @ 1177. For fresh entry can wait for breakout of the channel for a Target of 1300.

eastwind65

Kfintech has broken out of Triangle formation. Can wait for retest to initiate a TRADE For a target of 820.

eastwind65 Updated 

Infy has been bouncing off the Resistance turned Support zone between 1355-1370. The CMP is 1420. Just another 50-70 rs to reach the zone. Safe traders can wait for it to reach the zone and bounce with a Bullish candle. Keep on your watchlist.

eastwind65

BANDHAN BANK is at a support turned resistance @ 207-212. Also looking at the Long Term chart a Rounding Bottom formation can be seen with a High of 263. First it has to break the resistance zone @ 207-212 convincingly for a 1st Target of 260. Keep on your Watchlist.

eastwind65 Updated 

IEX is forming a Rounding Bottom Formation. In the short term it is moving in a Rising Parallel channel. Long Term Target that can be expected is around 275 -300 in a years time provided there is no untoward news. Trade Active. Entered @ 141.35

eastwind65 Updated 

Patel Engineering has taken multiple supports right from May 23 on the bottom trend line. It has also broken the descending trendline from the High of 79 it made on 5 Feb. Now it has broken out of the Resistance cum Support Zone at 64-67. First Target would be 79 and 2nd Target 105.

eastwind65 Updated 

UNION BANK is making a Rounding Cup formation in the Weekly and Monthly charts with a high of 253. Its been moving in an ascending Parallel Channel from January 18. There is also a Horizontal Support zone between 137-140 and also the bottom trend line of the Channel is providing a support. I do expect a reversal from here. Added some quantity yesterday and will...

eastwind65

PTC made a High of 236.50 and closed at 232.25. Wait for a Breakout and retest for entry.

eastwind65 Updated 

IRFC after having a stellar run from December 2023 made a high of 192.80 on 23 January and started falling from then on. It broke the triangle formation with less than average volume on 23rd April. The region between 148 and 152 which was the resistance zone was finally broken with good volumes on 26th April. Safe traders can wait for a pull back between 148 -152...

eastwind65

NMDC STEEL is making a Triangle formation. Wait for Breakout.

eastwind65 Updated 

PNB after breaking out of a Monthly resistance Trendline has been moving in a Parallel Channel from 30 January 24. It gave a false breakout and reversed from there. The next support would be the monthly trend line or the Bottom Trendline. Iam already invested and would be adding some more quantity @ around 120-122.

eastwind65 Updated 

Indusind Bank has been moving in a rising parallel channel from 23 January 24. The difference between the lower trend line of the channel and the upper trend line of the channel is Rs 122 to Rs 130. On April 19 it bounced from the lower trend line. If you feel like taking a chance you can buy and look for an upside of Rs 90 atleast.