eastwind65

eastwind65 Updated 

It's time for IBRealestate to make a break on the long side. It has just come out of a cup and Handle Pattern and also a Bullish Flag Pattern. It has also made a couple of tries to break the Long Term Trend Line but the move did not last long.  There is also a strong resistance at 117.90. It has to break and close above this with strong volumes and a positive...

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BPCL has been making consistently Higher Highs and Higher Lows and the Bottom Support Trend line is providing good support. Now after making a Higher High on 9 June the price has been falling and it is near the support trend line at around 440.Now we have to see whether the Support holds and the trend changes. There is also a Bullish Divergence. Keep a sharp lookout.

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BECTORFOOD has fallen to a low of 328 in March 2021 and has been Bullish since then. It has reached a High of  445 in June and has retraced from the resistance zone at 442-452 range to a low of 395. Now it has reached the resistance zone again and has made a Bearish Pin Bar that is half of the Evening Star Candle Stick Pattern. There is also a Bearish Divergence....

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Hindalco has been falling from its ATH of 427.50 from 10th May onwards and has made a Falling Wedge Pattern. It has broken above with good volumes but the point to note is that it has gapped up and made a spinning top like candle in the 1Hr and 2 Hr candles which is half of the Evening Star Candle Pattern. So in the short term it could see a reversal. So it...

eastwind65 Updated 

DLF has been making a Triangle Pattern and its about to break out. Keep on your Radar for Targets   ATH T1-332.70 T2-349.40

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Now we have to wait for retest of the trend line or support zone and on getting a bullish confirmation can go long for a target of ATH 362.15

eastwind65 Updated 

Tin Plate Moving in a Channel from 24 March 2020. In addition there is a cup forming in the short term. So the outlook is quite bullish. Can consider going long. Holding from 165 levels for a long term target of 316. For the medium term can look for 285 as target. Short Term 235 Target.

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NTPC is making an ascending triangle pattern from 4th June 2021 and is on the verge of breaking out. Can go long above 121 with a High Volume Breakout and retest for the following targets. T1-127 T2-145

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There is a Resistance Trendline which has to be broken to get the following targets. T1-261 T2-288

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KRBL has been making a Round Bottom Chart Pattern from May 2019 with a High of 361. There is a Resistance Trendline which has to be broken to get the following targets. T1-361 T2-388

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From a massive fall in February 2020 from 1340 to a low of 235 it has gradually moved up in the process making a Triangle Pattern and has been faithfully following the Support Trend line and has not troubled the Resistance Trend line much until now.It did make an unsuccessful attempt to break the resistance Trend line in Feb 2021 and immediately tested the Support...

eastwind65 Updated 

After making a high of 437.95 Granules has been moving in a downward channel making consistent Lower Highs and Lower Lows until today. There is a strong support at 299-305. Anyway to make any long term investment in this scrip it has to break the channel on the upperside.

eastwind65 Updated 

Manappuram Finance has broken the Long Term Trend Line and has also retraced. It is making bullish moves with Higher Highs and Higher Lows for the past few sessions. The bottom Trend Line is also providing a good support to take the price higher towards ATH. There is also a strong resistance at 168-170 from where the price has been rejected a few of times. If...

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Granules had been moving in a Downward Sloping Channel from December 2020 .It had a strong support at around 299-305 range and started to gain momentum the past few days and today it has broken above the upper trend line smartly with huge volumes and is near to another resistance zone at around 367-377. It has to cross this zone to reach the following...

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Taking the Weekly Time Frame it is making a Round Bottom Chart Pattern from July 2015 onwards and broke below 1220 range. On the Daily Time frame its making an ascending Parallel Channel Pattern from October 2020 onwards and mostly keeping within the Trendlines. On a 60 Minute time frame it has reached the upper Trendline on 17 Jun 2021 and has started...

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Its forming a Round Bottom chart Pattern on the Weekly Time Frame

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Rain Industries formed a Cup with the resistances at 224-234 range and a bigger cup with the resistances at 390-403 range. It was also moving in a Parallel Channel from November 2020 and it has smartly broken out with good volumes. I have off loaded a part of my holdings at 220 and the rest I would be looking for 400 as my final target. It has to break the...

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Delta Corp had formed a Cup and Handle Pattern and has reversed from a strong Resistance Zone near 197-203 forming a Double Top Pattern. Also there is a RSI Bearish Divergence.