SDBL is breaking out of the 9 month range with good volume on daily/weekly charts.
NIFTY SMALLCAP250 has broken its 2024 lokshabha vote-counting day's low. Seems like it can fall by another 4%, if not more, to 13400 levels. If it can't sustain those levels, it may settle at 12600 levels. Let me know your thoughts on this. If you found this helpful, like this post. Follow me for more such updates.
MIDCAP150 is at a good support level; the current levels are also lows of 2024 votes counting day. If it can't hold the current levels, fall to 17000 is being implied. Let me know your thoughts on this. If you found this helpful, like this post. Follow me for more such updates.
NIfty has formed a bearish head and shoulder pattern, whose neckline has broken recently. Further, it was rejected from a downtrend line during its last swing. 21800 can act as next support, while 21450-21350 is the pattern target range as well as support zone. If it can't hold these levels, a fall to 20350 levels is imminent to cover the gap formed earlier....
Felix Industries #FELIX CMP - 372 Support Zone - 330 Target - 460, 700
De Nora #DENORA CMP 1920 Support Zone - 1870,1710 Target - 2330
Jash Engineering Ltd #JASH CMP 1880 Support Zone - 1770, 1660 Targets - 1900,2200
#EMSLIMITED CMP 455 Support Zone - 420-410 Targets - 520, 590
#VATECHWABAG #WABAG CMP 977 Support Zones 900, 850 Targets - 1150, 1300
Watch out IONEXCHANGE for S&R flip. Its one of the companies operating in Water sector.
The Nifty is making new highs on the weekly chart, but it seems momentum is being lost, since the RSI is not moving in the price direction. A Bearish divergence is visible on the charts. Further, there is a 220-point gap between 20510 and 20290. This region also coincides with 50 EMA. If Nifty breaks from its current support region of 21850–21530, it is likely to...
BTC formed a flag and pole pattern, and if it breaks out of this pattern, the next target can be 67K and 75K.
BTC has formed a flag and pole pattern and looks like its ready to breakout. If it happens, Target levels will be 38600 and 45000. If it fails to breakout, BTC may continue trading in the flag range.
SBILIFE has formed a flag and pole pattern on the weekly chart. For the last two and a half years, the script has been trading in the range of 1000–1400 and is currently at the resistance level of the flag's upper end. A breakout would lead to 1700 levels.
Sigachi has been trading near its resistance level, with a high volume for the day. If it closes above this level, in the next few sessions there is a good chance for it to reach 330 levels. DYOR
Glenmark Life Science Ltd has been trading near the monthly trendline and its resistance level. If it breakout the trendline with good volume, 540 levels seem possible. However, if it fails to breakout, it may fall to 430 levels. DYOR
ETHUSDT rejected at previous swing high on 4Hr timeframe chart, in combine with 200EMA of 4Hr chart, which implies it may fall further upto previous swing low. DYOR
ADANIGREEN has fallen more than 40% from its peak. 200 Daily EMA has acted as support for the last few sessions, and it has broken this level recently. In today's session, it has tried to cross the 200 EMA level but failed to do so. If it closes below 1700 levels, seems there is more room to fall up to 1450 levels. Cheers! This is as per my Analysis. Feel free...