CHART ANALYSIS OFMAZAGON DOCKYARD SHIPBUILD LTD (MAZDOCK)
Chart Analysis :- On Hourly TF of MAZDOCK we can see that stock is forming Inverted Head and shoulder pattern which is Bullish signal for the stock and it also given a breakout from neckline and taking support on neckline so we can see that up move in the stock to our expected targets. We can take...
ANALYSIS OF APEX FROZEN FOODS
Chart Analysis:- On daily TF of Apex frozen foods , we can see that Stock is formed Flag and pole pattern which is bullish sign for the stock and we can also observe that stock is consolidating near 50% of Marubozu Candle we can expect up move in the stock after flag Channel breakout with good volume. we can confirm our entry with...
Chart Analysis:- On hourly TF of Kotak Bank we can see that Stock is making two patterns – Symmetrical Triangle and Cup - where Triangle is already formed but cup is yet to be form. As we know symmetrical triangle is bullish pattern and cup is forming so after a triangle breakout with a good volume we’ll see our expected targets and we can also take a help of...
CHART ANALYSIS OF JSW STEEL
Chart Analysis :- On Hourly TF of JSW Steel we can see Stock is making symmetrical Triangle pattern which is Bullish pattern . Currently stock is in consolidation if it gives breakout from upper trend line of triangle with a good volume then we can see our expected targets. We can confirm our entry with help of indicators .
• RSI is...
Chart Analysis of ASTRON PAPER & BOA LTD.
• Chart Analysis- On the Hourly TF of Astron paper & BOA we can see that stock is moving in the uptrend channel Then making a Cup and Handle pattern which is bullish signal for the stock although we can see
Stock given breakout of handle but the breakout volume is very low .
so it is possibility of making a small cup...
• Chart Analysis:- On Hourly TF of LAURUS LABS LTD we can see that stock is making a symmetrical triangle which is a bullish signal but as we know market is supreme so patterns may fail . According our analysis stock will fall to our expected targets. We can confirm from 3 Indicators.
o RSI on daily TF is in oversold range which is bearish signal
o On DMI DI-...
Chart Analysis - In the daily time frame of Jindal steel we can see a symmetrical triangle which is a sign of bullish trend but as we know market is supreme so patterns can be failed, blue arrows on the support trendline shows the re tested levels so possibility of breakdown is more.
we can take a help of indicators like:-
On RSI which shows the negative...
Chart Analysis of Barbeque Nations HOSP.LTD
Chart Analysis- On the hourly TF we can see that two patterns are formed – Symmetrical triangle and flag pole pattern- so its bullish sign we can confirm from 2 indicators RSI is above 50 which good to buy and In DMI indicator we can see that DI+ line is above 32 and ADX line is also supporting which is above 20
...
Hindustan Unilever
• The stock is currently trading at a price of 2492 and on the 1 hour time frame it has formed a bullish flag and pole which indicates that the price after a pull back can go up further
• the target is ... 2533 - 2565 And SL :-2473
RSI - at 60 levels
Disclaimer - This post is only for education purposes and not any recommendations to buy the...
Keep track if handle breakout with relatively high volume then its good time to go long.
For educational purpose , please give your views too
1st target 158
Bajaj auto in day time frame making a cup and handle pattern but due to low volume handle breakout not worth it.
I am beginner in chart analysis and this is my first chart publish , Its my request to all please give suggestion in the comment box for improvements
and some pointers which i am lacking here.
Thank you .
Its for educational purpose.
