This stock is in major support and there's a chance to break minor trend. Breaking minor trend will helps to reach the main trend in quick time. Keep this stock under radar for more judgements...
At crucial resistance this stock is trading this week and if it breaks the zone then it has good momentum for quite some period. Currently their fundamentals starting to develop and their price needs to move upward.
This stock has formed an Flag Pattern and it might go in any direction...And from Dec beginning this has formed many negative candles which is not good and this also shows an opportunity to enter at very low. Think wisely before leap in.....
As other Tech stocks has given good returns in this week WIPRO also had the chance to break the pattern out from Rectangle. Expecting clear breakout in coming weeks as overall IT has turn in to Green.
Zomato has been recovered beautifully from their initial fall down and now its at crucial resistance to decide the direction. If it crosses the major resistance then it have good stretch to reach the ATH.
Stock coming out from long consolidation and gave huge breakout in one day timeframe close 10% and it has potential to reach major resistance at 140 and it may try to break major trendline too since this stock has decent financials. But it has to cross the nearby hurdle of 107. Expecting good returns once it crosses the nearby resistance to have very long run....
Currently this stock is inside the wedge pattern but last few months it showed the potential as it got higher lows so it may give break out and got the potential too. Strong move above 255 is good to have the reason to enter the trade and hold for few weeks to gain maximum. Note: This is just an educational post expressing from my perception.
This stock has overall consolidation phase since listing but it has their highs and Lows in their run. It has already been broken their main trend line and extending their candles out from the trend and formed new signs. So, its good to wait and take position to have some momentum in the market. Marked the ascending triangle pattern so wait and trade for better...
Range inside rectangle - about to breakout Bur range between 96-97 Target 105-110 Stop loss below 88 Note: Representing my perception here...
UPL has the potential to reach the main trend line and if it has same momentum as today it may reach the 1st target easily. Need to be careful jumping in as momentum may slowdown to meet the secondary trend line again and it may consolidate for quite sometime in the range. Note: Representing my perception here...
This is Flag pattern and long trend just broken months back and this stock currently under consolidation. So expecting a good long run if this flag pattern breaks. Buy range between 147-149 with strong confirmation in 1 hr candle Stop loss below 140 Target range 180 - 184 Note: Representing my perception here...
Nifty IT is in Bearish Flag pattern, forming higher highs and higher Lows so there's high chance to breakout the pattern and reach all time high or could do the opposite. Since all IT stocks performing good it seems to have high chance of reaching the top. Lets see in the coming weeks.....
Buy Range between 528 - 532 Target 560-570 Stop Loss 515 Note: Representing my perception here...
Buy range between 145 - 148 Target 160 / 180 Stop loss below 138 Note: Representing my perception here...