The idea here is to check long term resistance. As stock already pulled back from its resistance level, and still trying to break it with some volume but couldn't. In long term scenario, its the sign of a possible breakout in near future. It could be in coming weeks. There is a short term trend which also provide support to price but if it breaks, then there...
This is the time when everyone can see a cup pattern is forming but handle can be at lower levels. But chart is showing resistance at current price level. It may further go down to form a proper handle or stick to the current level. Pattern: > Wait for the formation of proper handle. > Buy when there is a breakout with volume. Speculation: > Buy at dips to...
long term cup formation is completed. Generally when a cup is formed in longer time frame, it is considered to be an up-trend and is a good opportunity to buy stocks. Need of a handle is based on investor to investor. Some see valid volume on breakout and keep investing on dips, and some wait for proper formation of handle. In this chart, volume is rising on...
This chart sees trend reversal recently along with inclined triangle pattern. Today it tries to break the pattern with volume but couldn't. Those who want to swing trade can enter at current level or wait for some more price drop as triangle pattern is not yet broken. Once resistance break, price may move up and give 12% gain in short term. Please vote for this...
A perfect Cup and handle pattern is formed by Ion Exchange and it gave a perfect buying opportunity. I have drawn a SL line if price fluctuate and slips down. Personally I am positive with this stock as volume on breakout is also high. Anytime soon, before budget this stock might give 20-30% return for sure. Or check the depth of cup for return percentage....
In short term period (1-2) Month this stock might see 20% upmove as it recently break its short term pattern with decent volume. Currently, it is an early buying opportunity to get extra gain. If stock goes down then SL can be set at -6% level. NOTE: This is just for educational purpose only. Happy Trading :)
Volume seems decreasing after a heavy up volume. Current price is at the short term support level. If this level broken then price may go down further. As volume is going down, there are chances then bulls must concur this stock soon. Happy trading. ;)
Angel one is showing support on its Major trend line. Chart shown short term retracement at 0.5 level thrice, its not a good sign to check support for third time with lower lows. But It gets major support at its trend line. There might be an Entry option if chart break the chart resistance with decent volume. Disclaimer: The information provided here is for...
buy this stock if it break the resistance or come to support level (1067) again. With Modi3.0 it is unlikely to come back. Its better to invest now for long term at least 4 years to triple the investment.
This is too late but once election result is on the screen, this stock will touch its new high. Please take position with care and hold for long. Do not enter if you are a short term investor, as there may be a change to retrace the price with some correction. Just an idea, not a 100% investment guide.
Jio finance will give a big up-side move in coming days. today JioFinance launched a beta app and it will give a huge impact in the stock price.
CDSL is a good stock, but it might go sideways. But there is a support level which I mentioned as Danger Zone. Anything below that Danger zone level is a good opportunity to buy/average.
As per current price action, it is trying to break the pattern and then it may touch 13K range and from where it is expected to have a pullback. If it breaks pattern downside then there will be selling on the short term and have another support at 12800.