rsarvaiya

rsarvaiya

This stock had formed a Flag and Pole Pattern. Price broke out of the said flag pattern during second half of 2023. Made a new swing high post which the stock retested the breakout level which now acts as support. There was follow up buying post retesting of support level. Now the stock has given a breakout of the previous swing high indicating trend continuation....

rsarvaiya

This stock has formed a descending triangle formation and is approaching the breakout level for the said pattern. This could be a good long trade at current level and on Dips for the pattern target of 2600-2650 with a conservative Stop Loss of 1200.

rsarvaiya

This stock had been in downtrend since 2017 making lower highs. It had given a breakout of the downward sloping trend line this year. The breakout level was retested with follow up move on the upside breaking out of the recent swing high confirming the trend change to the upside. The stock this week breaks the All time high level with good volumes as well as RSI...

rsarvaiya

The stock formed a rounding bottom on weekly chart. It gave a breakout above the Rounding Bottom Resistance line. Post break out the resistance became support. This support was retested with a follow up upside move testing the next resistance zone. The stock gave a breakout with decent volumes and with RSI moving higher. Ideal set up for long trade with target of...

rsarvaiya

The stock seems to be trending on the upside with a gradual higher high higher low formation. A breakout above 74.50 could lead the stock to test ATH levels. Rising RSI also supports the view and also the volumes today are pretty good reiterating the bullish view. Good for long with a SL of 55

rsarvaiya

Adani Enterprise Stock price has been consolidating in a range 2700 - 3450. Stock can be seen forming a Symmetrical Triangle Pattern. Breakout on either side can give the targets for the said pattern. 3500 will be a strong resistance point and 2675-2750 will be a strong support zone for trend reversal. Weekly RSI being around 46 signals lower momentum and some...

rsarvaiya

The Stock is following a Rising Wedge Pattern. RSI is following a falling wedge pattern. Indicating a clear negative Divergence. Stock could test the low of the rising wedge pattern before rising higher following a falling wedge breakout of RSI. Could be a good short trade with SL @ 3225.