ICICI bank has been following a strict trend for a while now. After breaking out from the trend it came down for a retest of the same zone.
The retest seems to have sustained that it has now bounced upwards with a formation of MORNING STAR pattern signaling bullish pattern.
With good support from the bank nifty, ICICI will follow a new trendline with higher highs...
Indigo Airlines after breaking away from the trendline is showing a retest. If it sustains, it can break the triangle to move upwards for a target of 2000.
If the retest fails, it will remain outside the trend line with bears taking control of the trend. For time being, watch and enter when opportunity strikes.
Disclaimer: All charts are purely for educational...
PEL is looking for a move towards the upside.
The way it has broken away from 2+ years of trendline shows the strength of the bulls present.
PEL is interestingly a money bag for those who prefer to stay long in the market with a futuristic view however fundamentals will play a huge role in the coming movements.
Keep an eye on quarterly reports and future...
BALKRISIND has been following a trend of upwards but in a rather unusual manner.
Good quarterly results have paved a way for a target of 2000.
Challenges are there but within the range of 1700-1780 above that, it looks good for a target of 2000 or above for sure.
Disclaimer: All charts are purely for educational and information purposes only. Invest or Trade at...
IndusInd bank is in a downward trend for the long term way before the pandemic although a short-term view at the stock suggests upward momentum.
Can go long if the trend is broken upwards, a resistance from the trend means one can short.
1200 acts as a crucial part of the stock.
Good quarterly results will definitely boost the possibilities of achieving a...
HDFC bank nears a support zone. Expect a bounce from the current low to a high zone above the level of 1645.
HDFC cmp@ 1529.
Disclaimer: All charts are purely for educational and information purposes only. Invest or Trade at your own risk.
A promising future due to Govt's view on EV segments, a strong business model with clients such as BMW (source Wikipedia).
My analysis for reference and study, invest only after an analysis from your side. This is not investment advice.
The stock has been consolidating for a while on the upside, a good volume has been on the spike recently.
A strong bullish...