Will IT index bounce from the support zone that is seen retested on. weekly charts ? There is a momentum bullish divergence see on RSI
that could cause a medium term reversal after a major correction happening across the IT stocks? potential for mean reversion trade do exit.
However a close watch on what Nasdaq does now is also crucial which currently hanging on...
Autosector as such is bullish.TVS motor showing a major breakout green bullish candle on weekly charts taking away a 2017 multi year resistance. Momentum & Trend indicator are bullish & rising n both daily and weekly charts.Keeping stop loss below neckline candle low & entry above alert candle high could give good risk reward swing trade opportunities.
#marutisuzuki bank potential weekly inverted H&S breakout
This auto sector major potentially is breaking out of a inverted head and shoulder patter on weekly charts
The sector is one among strongest in the market as of now.
The momentum also is bullish on all timeframes alone with and ADX trend indication of rising strength.
The current multi year resistance from...
#UPLLTD Potential resistance breakout
This chemical sector stock has bullish momentum and trend and is at a potential breakout zone.
Place Tight stop loss and entry only above high of confirmed alert candle.
This stocks seem breaking out form an Inverse Head and Shoulder patter post and good correction.
The current momentum and trend is bullish in short term as well as medium term with decent volumes.
This is positional trade that can move back to previous ATH with interim resistances as indicated at FIB extension levels
Fundamentally also the stock had given good ROE...
#TCS Potential breakout towards channel top
This IT sector stock has been moving in a weekly trendline channel and had done an wedge pattern breakout back in august
Post which it had a pullback to channel bottom and now it seems to be heading back to channel to again by way of potential
Breakout from a previous resistance zone.Positional entry above a...
#NationalAluminium ascending wedge breaking outside resistance
The stock seems to be breaking out of a previous resistance zone within an ascending broadening wedge patterns where
swing trading opportunities till upside of channel now.Wide range bullish breakout candle and momentum and trend give
Indication that price could be heading ahead. Stop loss below alert...
#indiacements weekly rounding pattern breakout
The stock seems to be breaking out big from the rounding pattern formed from a 2017year since resistance level
With wide range weekly bullish candle. The momentum and trend is bullish along with decent volumes.
enter could be further move above alert candle and alert candle low could be stop loss with a targets...
Chart wise double top break down potential exit on weekly charts and any 3447 previous swing low broken
Could see more downfall. The momentum on short term and medium term has entered bear zones .Trend
Indicators also bearish on all timeframes. Bollinger band spill out happened on weekly charts as well indicator
bearishness ahead. Entry could be on daily on breach...
AXiIS bank showing failed inverted head and shoulder pattern.this neckline
resistance was attempted to be broken in 2019 and two times in 2021 but failed
daily momentum is in bear zones and weekly and monthly momentum also has gone sideways.
trend indicators are bearish on all timeframes
A trade opportunity exit with initial target till next swing low and stop...
This IT small cap near debt free stock has broken out from a long consolidation with huge volumes.
A low of candle below moving average can be positional stop loss on daily.
The momentum is bullish, trend is bullish with rising strength ,sector is bullish.Bollinger bands
expansion also shows the breakout.
The stocks seem to be breaking out of an inverted head and shoulder pattern on weekly.
Daily may be breaking out a flag pattern after earlier consolidation.
The volumes are above moving average.The trend indicator is in dmi positive bull zones
on all timeframes and trend strength is seen rising on all timeframes.
Momentum also is bullish on all timeframes. With a...
This banking stock is consolidating forming a potential breakout from a flag kind of pattern.
The momentum on daily also has a a potential reverse divergence that is bullish if it plays out.
The momentum n=and trend indicator are bullish on all time frames. 91 could be
A good support below which could be stop loss for swing/positional trades.caution that the...
The stock is seeing flag and pole pattern breakout seen on daily timeframes
Momentum and trend indicators showing bullishness n short medium and long timeframes
weekly showing good volumes too.Daily window Gap support exit at 463 levels that could be
Stop loss for swing/positional or FIB retracement 23 also could be used for same purpose
Aditya Birla fashion and retail is breaking out from trendline channel and a cup pattern.
Great momentum and rising trend can be seen on short medium and long timeframes.
Volumes are also good above moving average and given that several resistances taken out earlier week goes back
To 5 years may be indicating this stock currently at all time high levels could give...
Bata is having a cup break out in progress since few weeks now.
Stock at all time high price levels the momentum is bullish on all timeframes while trend indicators are bullish as well
with strength seen rising on all timeframes.Weekly may be forming an unconfirmed momentum divergence need be cautious about.
The stop loss below the breakout zone could be tried...
Hdfc weekly has taken cup/rounding pattern breakout with a green close above neckline at all time high levels
after an earlier momentum range shift move from sideways to bullish zones.
Momentum on all timeframes are good.ADX shows trend strength rising on all timeframes as well.
swing/ Positional trades can be taken with stops at candle below neckline and entry...