Axis bank is forming a good double bottom pattern along with the cup and handle. The resistance area is around 760 -765 zone. Once this is taken out then the stock can again test its 52 week high levels. The SL can be placed under the 740 zone on DCB. For educational purposes only. Please consult your CA before investing your money.
Stock has given a pole and flag BO and has now retested the previous resistance. Now this resistance should work as support and stock should bounce back from here for a target of 625-640. SL can be placed at around 550 level on Daily closing basis. DISC: For educational purposes only.
Stock is forming a big round bottom. As the textile stocks are picking up the moment this stock has a long way to go. Peers like century textile have already run a lot. Stock has now made a pole and flag pattern which broke out last week and now stock can pick a good moment til 464. DISC: For educational purposes only.
The stock has a history of making doublt/tripple bottom and move about 600 points. It has been repeated twice. Let's see if this repeats this time as well. Currently stock is forming a base and created a double bottom pattern breakout of which is still awaited. DISC: For educational purposes only.
The chart is making a series of pole and flag which is breaking out all the time on upper side with volumes and reaching to the target price of the length of the pole. If history repeats itself then we can see the same happening again this time. A good fundamental and Monopoly stock Keep and eye on the movement of this stock.
Weekly time frame chart so one has to hold this stock atleast for a year or more. Stock is forming a rounding bottom pattern which will complete at around 1800 levels. The fibo levels are also showing the strength in the stock to reach that level. One can add it at CMP : 1230. All levels are mentioned on the chart. DISC: for educational purpose only.
All the levels are mentioned on the chart. DISC: Only for educational purposes.
All levels are mentioned on the chart. For educational purposes only.
Shivalik Health and Biometal is making a rounding bottom and showing good strength on the weekly chart with volume. It is a BSE stock only. All levels are mentioned on the chart. DISC: For educational purposes only.
The stock has reported 3k crore profit against the loss last year. currently making inverted H&S pattern on DTF and broke volumes. Targets are at a very good levels and Risk to reward is excellent. DISC: For educational purposes only.
All levels are mentioned on the chart. DISC: for educational purposes only.
Sundaram Finance is a leading NBFC belonging to Sundar Group. The stock has jumped to 2800 levels and then started retracing. Currently, it has got multiple rejections from the upper trend line and it is now ready to breakout. Above 2500 level it can again go higher to 2800 level again. All the levels are mentioned on the chart. DISC: Please consult your...
All the levels are mentioned on the chart. DISC: For educational purposes only.
Grasim has starting showing positive movement after Q4 results. on DTF it is making cup and handle pattern along with the double bottom confirmation. Stock is good in fundamentals and ready to move higher once crosses the 1470-1480 levels. DISC: For educational purposes only.
Dmart (Avenue Supermart) has formed an inverted H&S pattern (Bullish Pattern) on Daily Time frame. As the stock is supposed to announce result, good result can take it to 3300 levels again while a bad result can lead it to Support level 1 and then to support 2 (Buyer are active in this range) All levels are mentioned on the chart. Just wait for clear breakout...
All levels are mentioned on the chart. DISC: For educational purposes only.
All levels are mentioned on the chart. Please consult your financial advisor before making any bet. For educational purposes only.
All levels are mentioned on the chart. DISC: Only for educational purposes.