puzzledDingo88337

puzzledDingo88337

After Doing the volume analysis it seems a accumulation is happening since the sl is around 22% which is big so need to be adjusted with money management the risk to reward seems favourable check the chart

puzzledDingo88337

Support near 460-480 would be a nice place for price to bounce back the structure would become bearish Below 302 level and the resistance is at 922 check the chart

puzzledDingo88337

The stock has given breakout of classic cup and handle pattern structure become invalid below the orange line and according to cup and handle pattern target is around 793

puzzledDingo88337

The stock is in uptrend+ consolidation + a rising volume suggest a trend supported by volume+ high delivery on 16 aug adds more conviction check this chart

puzzledDingo88337

The stock is in uptrend+ consolidation + a rising volume suggest a trend supported by volume+ high delivery on 16 aug adds more conviction check this chart

puzzledDingo88337

The recent fall is a good opportunity to enter as it is at the retest level of breakout there seems to be A decent volume activity as well Might see higher levels in future

puzzledDingo88337

The stock on monthly timeframe is breaking high on closing basis but doesn't seem to be supported by volumes try avoiding creating fresh positions here at 5000 to 5200 levels wait for correction

puzzledDingo88337

The stock is facing resistance at 42 level and interesting part is the all time high obv which is not always bullish but when price start moving in the direction of obv can lead to multibagger return Keep an eye on this stock . Something is cooking here

puzzledDingo88337

The obv seems to be rising aggressively showing buying pressure the resistance of 1700 when cross a nice upward movement can be seen

puzzledDingo88337

there is divergence in nifty futures the prices are making higher high but volume are not supporting the weakness will be confirmed only when it closes below 23420

puzzledDingo88337

the chart looks like stock being accumulated on higher level Seems like a good opportunity for atleast 1-2 yr time line

puzzledDingo88337

Sbi card is in triangle pattern currently forming a base seems like the selling is being absorbed now the stock should start moving upwards in 1-2 years

puzzledDingo88337

It's weekly chart triangle formation currently breaking out . Check it out

puzzledDingo88337

Different case that i expect are shared . If big gapup or gapdown then ignore this analysis

puzzledDingo88337

Down Channel Breakout supported with volume chance of failure are grim stock might consolidate in sad case scenario

puzzledDingo88337

MPHASIS is falling but buying volume seems to be increasing + IT Sector Index is on Support So the downside Risk if Limited (I ignore News Just follow Technicals) Price is my decision maker

puzzledDingo88337

If Nifty open around 17000 level Then a fast up move upto 17080 level is expected then a sharp fall is also expected from that level .And if First 5 Min Candle is red then we can test the previous day closing