Stock at recent demand zone Demand zone 1033 - 1155 Possible reversal from this area Drop Base Rally seen in daily Downside safe till 970(SL) Upside target up to 1313 Entry only if strong candle seen in LTF (Hourly) As market is in bearish mode Chart is self explanatory Disclaimer:- I am not SEBI registered. Please consult your financial advisor before taking any trade.
Candidate looks good for swing trade with target of 240 INR. and S/L of 180 INR. CMP 205.54 INR. Reason Swing Trade Touch Point reversal MACD Cross Over Continuation Wedge (Bullish) Pattern formation PLEASE NOTE THAT: This chart analysis is only for reference purpose. This is not buying or selling recommendations. I am not SEBI registered. ...
The current price action suggests that the market has reached a potential bottom, characterized by a reversal from a previous downtrend. This shift is confirmed as the price breaks upwards, moving decisively past a phase of consolidation or uncertainty. The Diamond Bottom pattern , a notable reversal formation, typically emerges after a sustained downtrend....
NSE:NAVINFLUOR The price appears to have found a bottom, signaling a potential reversal as it breaks upward following a phase of consolidation or indecision. The Diamond Bottom pattern typically forms during a downtrend, where prices initially create higher highs and lower lows, forming a broadening structure. Over time, the trading range narrows as the...
This idea is purely basis current price action + volume and news. No other factors considered. NSE:DHANI has shown promising signs of a potential turnaround, indicating a shift in sentiment following a period of indecision or stabilization. The Diamond Bottom pattern emerges amidst a downtrend, characterized by the formation of higher highs and lower lows...
NSE:PRECOT The price has broken upward out of a consolidation phase, indicating a likely continuation of the previous uptrend. Initially, during a downtrend, prices form higher highs and lower lows, creating a broadening pattern. Gradually, the trading range narrows as the highs peak and the lows begin to trend upward. When the price breaks upward out of the...
Piramal Enterprises Ltd - Analysis The stock is displaying a promising bullish candlestick pattern , signaling a potential halt to its recent downtrend and a possible upward turn in the short term. There is price and psi divergence seen on daily chart, which is positive indication. Moreover, the stock seems to present an appealing value investment...
Script - NSE:CCL Pattern: Symmetrical Continuation Triangle The recent price movement indicates a breakout from a consolidation phase, signaling a probable continuation of the previous uptrend. In a Bullish Symmetrical Continuation Triangle, there are two trendlines converging as prices form lower highs and higher lows. During this consolidation, trading...
NSE:AGI This stock has formed a pattern called Double Bottom. A "double bottom" is a chart pattern used in technical analysis to predict a potential reversal of a downtrend. It typically occurs after a prolonged decrease in price and consists of two distinct lows at approximately the same level, separated by a moderate peak. target price for the intermediate-term...
Privi Speciality Chemicals Ltd NSE:PRIVISCL The price has broken upward out of a trading range, suggesting the beginning of a new uptrend. The Upside Breakout pattern features a trading range where prices move sideways between two parallel horizontal lines. This pattern typically indicates a pause or congestion area within an existing trend, though...
A Symmetrical Continuation Triangle Pattern Identification on Daily Chart A Symmetrical Continuation Triangle is a technical analysis pattern observed in financial markets, particularly in charts representing price movements of such stocks, currencies, or commodities. It's considered a continuation pattern, meaning it suggests that the current trend is likely to...
Pattern:Symmetrical Continuation Triangle (Bullish) Time Frame: Daily Chart Script: NSE:NIACL (New India Assurance Company Ltd) The recent price movement indicates a breakout from a consolidation phase, signaling the potential continuation of the previous uptrend. This pattern aligns with the characteristics of a Symmetrical Continuation Triangle (Bullish),...
Pattern : Symmetrical Continuation Triangle (Bullish) The recent price action indicates a breakout from a consolidation phase, signaling a potential extension of the previous uptrend. A Symmetrical Continuation Triangle (Bullish) is characterized by two trendlines converging as the price forms lower highs and higher lows. During this formation, trading volume...
Script : BIRLACORPN Time Frame : Daily Chart Type Of Pattern Identified : Symmetrical Continuation Triangle pattern A Symmetrical Continuation Triangle pattern , is typically seen as a bullish continuation pattern. This pattern usually indicates a temporary consolidation before the price continues in the direction of the prior uptrend. Traders often look for...
NSE:NAVINFLUOR - Daily Chart analysis Price Vs RSI divergence seen on daily chart Price Vs MACD divergence seen on daily chart Bullish Head and Shoulder Pattern seen on daily chart. PLEASE NOTE THAT: This chart analysis is only for reference purpose. This is not buying or selling recommendations. I am not SEBI registered. Please consult...
A bullish "Bottom Triangle" chart pattern on Paisalo Digital Ltd ( NSE:PAISALO ). This pattern suggests a potential upward movement in the stock price from its current close of 73.45 to a target range of 83.00 - 87.00. A Bottom Triangle pattern typically forms over a period of uncertainty or consolidation, characterized by two converging trendlines as prices...
It appears that the NSE:MOIL has found its footing, indicating a potential reversal as it breaks out upwards following a period of indecision or stabilization. The Diamond Bottom pattern initiates amidst a downtrend, characterized by the formation of higher highs and lower lows within a widening pattern. Subsequently, as the highs reach their peak and the lows...
Script: NSE:BORORENEW Pattern: Symmetrical Continuation Triangle A Symmetrical Continuation Triangle (Bullish) is a technical analysis pattern often observed in financial markets, particularly in price charts. It is characterized by converging trendlines that form a triangle pattern. This pattern typically occurs during an uptrend and suggests a continuation...