muzammil48322

muzammil48322

Mphasis is currently forming a promising Cup & Handle pattern on both the weekly and monthly charts, while honoring it's crucial support at around 3000 levels, the MACD is showing healthy momentum, while the RSI remains above 50, indicating strength and room for growth. Traders should consider entering upon a breakout above the handle's resistance, with a stop...

muzammil48322

Ambuja Cement has been experiencing a downtrend for some time; however, today’s trading session saw the formation of a bullish engulfing pattern while the stock closed just above its resistance level. This technical setup suggests a potential reversal and bullish momentum. Additionally, the RSI and MACD indicators are showing positive crossovers, indicating...

muzammil48322

Ultracemco has been trading within a range of ₹11,000 to ₹11,400 for the past few weeks. Today, the stock broke out of this range with significant volume, confirming the strength of the price movement. The depth of the market also reveals strong buying interest, further supporting the bullish outlook. Additionally, the stock recently formed a three-day...

muzammil48322

PIDILITIND has been testing its resistance zone for over three months, demonstrating resilience and a strong uptrend across all time frames—daily, weekly, monthly, and yearly. Today, the stock has formed a classic Morning Doji Star pattern right at the breakout zone, which is a significant bullish signal. This pattern is further confirmed by good trading...

muzammil48322

HCL has been testing the strong resistance around ₹1700 since February 2024. Recently, it broke through this resistance with robust volume, establishing a new strong support level at the previous resistance. The stock is also forming a classic cup and handle pattern, a bullish technical formation. Given the current momentum in IT stocks and the strong volumes...