GLANDPHARMA has formed a Double bottom pattern at the support level, so there are good chances it will rally from current levels. Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing. Happy Trading
HINDPETRO has been forming an Inverted Head and Shoulder pattern for the last few weeks. If it closes above 280 levels, it might rally till 300-310 levels. So keep an eye on this for a breakout. Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing. Happy Trading.
INDUSINDBK(INDUSIND BANK) has given breakout from the symmetrical pattern it has been forming for the last few months, and it has closed above the resistance level as well for the day. If it closes above 1070 levels, it might rally to further highs. Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before...
GLANDPHARMA has bounced from the support level and it is trading above this level, for the last couple of days. It is likely to face the next resistance at 4300 levels. Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing. Happy Trading.
INDIAMART after consolidating in a range of 6850 to 7500 for the last four months, has given a breakout today with the volume being expanded and closed above the resistance level 7700. It is likely to face the next resistance around 8350 levels. Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before...
LT has formed an Inverted Head and shoulder pattern inside an inverted head and shoulder pattern on weekly and daily charts as well. If it closes above 1600, It might start rallying from that level. Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing. Happy Trading.
VIPIND has formed a cup and handle pattern on Daily/weekly time frame charts. if it closes above the 425 levels for a day, it's a good opportunity to go long. Levels have been mentioned on the chart. Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing. Happy Trading.
Hindustan Aeronautics Limited(HAL) has formed Cup and handle pattern in the weekly timeframe. Though it has managed to close above the trendline for the week, it formed a Doji candle. One can wait for confirmation in the Daily/Weekly timeframe before entering into the trade. Cheers! This is as per my Analysis. Feel free to share your view about this. Please do...
SBILIFE has been trading near the support zone and 200 daily EMA levels as well. It has taken support and resisted 200 EMA levels multiple times; with the closing candle is bullish for the day, we can expect a good up move from current levels. Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before...
BANDHANBANK is respecting the 200EMA from the last year. It has taken Support multiple times and been resisted as well during the same period. Recently it broke the EMA level, after which it has dive further. It seems it has retested the levels once again, which indicates it may continue to dive further for the next few trading sessions before it can bounce back...
EICHERMOT has given breakout from its 3-yr trendline. It can make a good up move from current levels. Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing. Happy Trading.
HAL has crossed an important resistance zone, with the volume being expanded for the day. It's like face next resistance at 1000 levels. Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing. Happy Trading.
GLAND is forming a cup and handle pattern. If it breakout the neckline of the pattern, it will be a good opportunity to go Long. so keep an eye on this. Levels mentioned in the chart. Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing. Happy Trading.
AMBUJACEM has retested its 2-year trendline and made a bullish candle for the day, with a good amount of volume. It has taken support from uptrend line as well as at 38.6 levels of the previous upswing. We can expect a good move from here. Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before...
COCHINSHIP has given a breakout from Ascending triangle pattern which it has been trading under from the last three months. The target, according to the pattern, is near to the possible 2-year trendline. If it can cross these levels, the next resistance can be High of the previous swing which is around 490 levels. Cheers! This is as per my Analysis. Feel free to...
TATAMOTORS gave a breakout on 4-year weekly trendline and currently its trading near the upper trendline of the parallel channel on Daily Chart. It has formed a Doji candle on Weekly chart and volume has been decreasing for the past three weeks. It may correct from the current levels either to the lower trendline of the parallel channel or to the 200 DMA/EDMA...
ONGC has crossed the 18 months trendline and it is trading above 200 EMA which acted as resistance and support multiple times during its course. It may retest the 200 EMA before it can make a bullish move towards 100 and 120 price levels. Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before...
ITC has closed above the 200EMA for the first time in the last 18 months. However, it is likely to face a strong resistance near 200 price levels and it may consolidate at this level, After which it may continue its uptrend. Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing. Happy Trading.