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...
DEEPAK NITRITE has been trading in Descending channel for the last few months. However, it is forming a Flag and Pole pattern as per weekly/Monthly charts. The stock has been trading near the channel highs and resistance levels, if it breaks out from these levels, it's likely to reach 3000 levels again. Cheers! This is as per my Analysis. Feel free to share your...
ADANIGREEN currently trading at a Price to Earnings ratio(P/E ratio) of more than 1100, and EV/EBITDA of around 170. The stock has risen nearly 120 times from its all-time low. Meanwhile, the company revenues have grown 5 times and operating profit has grown by 10 times. Though, the company operates in Renewable Energy, Do the current valuations justify ? What's...
IIFL recently broke out from the W pattern(Tripple Top) and retested the same levels within a few days. It bounced back from the previous resistance levels and looks like it's gonna reach the all-time high level which is around 440. Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before...
BPCL has been trading in Descending channel for a few months. Today, the stock has closed above the resisting line of the channel, with a good amount of volume. Looks like it will reach 400 levels in the near term. Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing. Happy Trading
BTCUSDT has been trading in a Pole and Flag pattern ever since Covid. It is currently trading near the flag support levels. As per the pattern, a break out from the flag pattern will lead to $100K - $120K. DYOR.
KPIT has delivered stellar returns to the investors in the past two years. Stock is currently trading at the support level of a Descending triangle pattern. If it closes below the 600 level, it can fall further to 500 levels. However, if it breakout from the pattern, it can reach its previously high levels. Cheers! This is as per my Analysis. Feel free to share...
SOLARA has fallen nearly 50% after reaching its ATH 1850, and it has formed Bullish divergence on a daily time frame. Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing. Happy Trading
GLMRUSDT gave breakout from Falling wedge pattern, with Bullish divergence and is currently following a trendline. Seems It's going to make good upward movement from current levels. DYOR
Seems NEOGEN is forming a Head and shoulder pattern, which is a bearish pattern. If the price closes below 1500, with good volume, then it can go further to 1370 and 1200 levels. However, if the price bounces back at 2000 levels, the pattern becomes invalid. So keep a look at this for a trade opportunity. Cheers! This is as per my Analysis. Feel free to share...
SHIB gave multifold returns last year, and it started falling after reaching a new ATH. It keeps resisting a trendline during this time, from which it broke out yesterday. However, the price is currently trading near the resistance level. Either breaking this level or a retest of the trendline will be a perfect opportunity for the trade. DYOR
Seems MTARTECH is forming a Head and shoulder pattern, which is a bearish pattern. If the price closes below 2000, with good volume, then it can go further to 1700 and 1500 levels. However, if the price bounces back at 2000 levels, the pattern becomes invalid. So keep a look at this for a trade opportunity. Cheers! This is as per my Analysis. Feel free to share...
ENJUSDT has been resisting a trendline for the last few months. Seems it's gonna break in a couple of days, if not today. DYOR
RMRKUSDT seems to be breaking out from a downward trendline. It has been resisting for the last few months. If today's candle closes above the trendline, it's going to rally from current levels. DYOR
CFG has been trading in Descending channel for a few months. However, with selling volume dried up in the last few sessions, it seems bulls will awake and push this to higher levels. DYOR.