TRENDT LTD (NSE) appears to be attempting a breakout from a recent consolidation zone, The stock has reclaimed the 200-day moving average, a key sign of strength, and is holding above the 50-day EMA as well — both acting as dynamic support levels. On the RSI front, the current reading of 57.36 signals bullish momentum without being overbought. Volume shows a...
This weekly chart of Voltas Ltd (NSE: VOLTAS) suggests a potential recovery phase after a prolonged downtrend, with key technical levels being tested. Key Technical Highlights: • 🟩 Current Price: ₹1,319.90, noticeable volume spike. • 📏 Resistance Ahead: ₹1,357 — a historic level from 2021, now acting as a critical resistance zone. • 📉 Life High: ₹1,945 remains...
This weekly chart of UltraTech Cement Ltd (NSE: ULTRACEMCO) highlights a key technical setup, focusing on long-term price behavior and support-resistance zones. Key Observations: • 🔼 Life High Resistance: ₹12,339 remains a critical resistance level. • 🧱 Multi-Support Zone: ₹10,500 has acted as strong support multiple times in the past. • 📉 EMA Support: Price...
Wipro Ltd (NSE: WIPRO) is currently showing relative strength in a volatile market environment. The stock has taken strong support from the 50 EMA, indicating the bulls are defending key levels. The recent price action suggests a potential trend continuation pattern, especially since it is holding above the breakout zone. 🔍 RSI is supportive, maintaining above...
📝 Technical Analysis: This stock has just broken out of a consolidation range, gaining momentum after taking support at the 50 EMA — a healthy sign of trend continuation. It is now showing early signs of a Golden Cross, which could further strengthen the bullish sentiment. 📊 RSI: Currently supportive, indicating buying strength without being in the extreme...
Engineers India Ltd has broken out of a narrow consolidation range, showing strong bullish intent. The breakout is supported by a Golden Cross — where the 50-day moving average has crossed above the 200-day moving average, a classic signal for long-term strength. However, the RSI is currently in the overbought zone, indicating that the stock may be slightly...
Vedanta Ltd is currently showing signs of bullish momentum backed by a strong volume spike. After consolidating in a tight range, the stock has managed to break out with a solid green candle, accompanied by above-average volume (10.48M vs. average 7.5M), indicating genuine buying interest. Key Technical Observations: • Support Levels: ₹430 and ₹433 (near the 50...
The market witnessed a strong bullish momentum today, with several stocks giving clear breakouts backed by volume. I closely tracked most of these moves. Among them, KFIN Technologies has stood out — showing strength after a decisive breakout above a small resistance zone and respecting the ascending trendline support. • ✅ Current Price: ₹1253 • 🔼 Previous High...
SRF Ltd has officially broken above its previous all-time high of ₹2,865 (from 2022), closing strong at ₹3,112, with an impressive weekly gain of +8.78%. Backed by increasing volume and a strong RSI of 66.70, the breakout looks technically significant. • ✅ Breakout above life high of ₹2,865 (2022) • 📈 Weekly High: ₹3,127 • 💰 Closing Price: ₹3,112 • 📉 50 EMA...
Stock has convincingly broken its 2023 LIFE HIGH OF 1800, with strong volume and momentum. - RSI near 69 - bullish strength , not yet OVERBOUGHT - Price holding above 50 EMA - Multiple Support Zone at 1340 respected multiple times 🚨 WILL THIS BREAKOUT SUSTAIN? OR WILL SEE A RETEST OF THE 1800 ZONE? Analysis By Mayur Jayant Takalikar -- FOR LEARNING &...
Symmetrical Triangle Tightening With Price Hovering Near Apex. Breakout Looks Imminent. Price is also above 50 EMA, RSI around 56 - no extreme overbought zone, giving room for movement. THIS LEVELS ARE PURELY BASED ON MANUAL PRICE ACTION - NO AUTO INDICATORS USED. Will the triangle break upward or fakeout below? Let's Discuss in the comments! All Levels hand...