The index is moving in a Higher Top and Higher Bottom formation on the daily chart indicating a sustained up trend. The chart pattern suggests that if Nifty crosses and sustains above 17800 level it would witness buying which would lead the index towards 17900-18000 levels. However if the index breaks below 17700 level it would witness selling which would take the...
Nifty started the week with an upward gap and buying momentum for most part of the week led it to close on a strong note. Nifty closed at 18256 with a gain of 443 points on a weekly basis. On the weekly chart the index has formed a long bullish candle forming higher High-low compared to previous week and has closed above previous week's high indicating positive...
Bullish Indication For Stock, RSI Bullish signal indicate aslo. Big Volume Breakout Next Upside level 150/170
Bank Nifty started the week on a positive note and remained positive in the initial period however profit booking at higher levels erased most of the earlier losses to end on a flat note. Bank Nifty closed at 38370 with a gain of 631 points on a weekly basis. On the weekly chart the index has formed a small Bullish candle with a long upper shadow indicating profit...
On the weekly chart, the stock has decisively broken out its five months consolidation formation on a closing basis This breakout is accompanied with huge volumes indicating increased participation on rally The stock was observed from its 20, 50.and 100 Day SMA support zone which reconfirm bullish sentiments The daily and weekly strength indicator RSI and the...
With current week’s close, the stock has decisively broken out its six months “Consolidation Range” (1470- 1230) on a closing basis This breakout is accompanied with huge volumes indicating increased participation On the weekly chart, the stock has Astec Life Sciences Limited confirmed higher tops and higher bottoms formation The daily and weekly strength...
On the daily chart, the stock has witnessed sharp selloff from its “multiple resistance zone” of 970 levels Rising volumes at breakout zone implies increased participation On the weekly chart, the stock is in down trend forming a series of lower tops and bottoms The stock is sustaining below its 20, 50 and 100 as well 200 Day SMA which reconfirms bearish...
NIFTY -50 is Bullish Sentiment I Continue... Is Trend Upside Next Technical Target 18500 This Month
Since Nov’21, the stock is in down trend, forming lower tops and bottoms With current close, the stock has violated its five months “multiple support zone” (2670) on a closing basis Rising volumes at breakdown zone Nimplies increased participation The stock is sustaining below its 20, 50 and 100 as well 200 Day SMA which reconfirms bearish sentiments ahead. The...
Bank Nifty started the week on a flat note however selling pressure throughout the week led the index to end on a weak note. Bank Nifty closed at 35619 with a loss of 1487 points on a weekly basis. On the weekly chart the index has formed a Bearish candle and has also violated its previous week's low on a closing basis indicating further weakness The chart pattern...
Nifty started the week on a positive note but witnessed selling at higher levels to end the week on weak note. Nifty closed at 16985 with a loss of 526 points on a weekly basis. Since the past three weeks index is consolidating within 17600-16800 levels indicating short term consolidation. The chart pattern suggests that if Nifty crosses and sustains above 17100...
On the daily chart, the stock has decisively broken out its one month consolidation formation on a closing basis This breakout is accompanied with huge volumes indicating increased participation on rally The stock was observed from its 20, 50 and 100 Day SMA support zone which reconfirm bullish sentiments The daily and weekly strength indicator RSI and the...
On the daily chart, the stock has bounced back sharply from its previous breakout zone of 1200 levels which remains a positive sign The stock has also recaptured its 200 day EMA 1244 which remains a crucial support zone This buying was observed with huge. Time period is 3 to 4 weeks. volume spurt which reconfirm our positive bias The daily strength indicator RSI...
• On the weekly chart, the stock has witnessed strong breakout from its “Consolidation Zone” (455-380) on a closing basis • Rising volumes at breakout zone implies increased participation • On the long term charts, the stock is trending up forming a series of higher Tops and Bottoms On Closing Basis • The stock is well placed above its 20,50 and 100 Day SMA which...
Tata Consultancy Services Limited On the weekly chart, the stock has witnessed strong bounce back from its earlier breakout zone of 3400 levels Rising volumes at breakout zone implies increased participation On the long term charts, the stock is trending up forming a series of higher Tops and Bottoms On Friday The stock is well placed above its 20, 100 Day SMA...
On the Daily chart, the stock has broken out of a "circular formation" at 2850 level on a closing basis with increasing volume. Stockist trending represents a strong uptrend forming a series of higher tops and higher bottoms on each time frame This buying momentum is seen from the 20-day SMA (2775) which confirms the bullish sentiment Daily & Weekly Strength...
On the weekly chart, the stock has revisited its Sep breakout zone of 1900-1880 levels and rebounded sharply On the monthly chart, the stock has also decisively broken out its two years “Multiple Resistance Zone” of 1900 on a closing basis indicating strength on a long term charts The stock is well placed above its 20, 50 and 100 day SMA’s which reconfirm bullish...
The Stock is trading near 20 day sma along with higher high and higher low series pattern, it's indicates a strong up trend that's likely to continue in the near term. in addition, on daily and intraday charts it has formed higher low formation which is broadly positive for larsen & trurbo. on daily charts, Rs 1665 could act as sacrosanct support for the stock and...