Cummins India: 🚀Revving up for a comeback! 📈 #CUMMINSIND stock is shifting gears and making moves to accelerate its journey upwards. Don't miss out on this exciting ride! Note: This chart is for educational purpose only
Britannia Industries: Exciting times for #Britannia! 🚀 With recent market movements, it seems like the stock might have hit its bottom. 📉🔄 Keep an eye on this one. Note: Charts are for educational purpose only
🚀 Months of quiet preparation, one explosive result! 📈💥 #ORIENTPPR Orient Paper and Industries Ltd breaks free from its long consolidation, signalling potential for remarkable gains ahead. 📊📈 Note: Charts are for educational purpose only
📈 🚀Unleashing the Bull: Lemon Tree Hotels #lemontree breaks free after a period of consolidation, charging towards new heights! Note: Charts are for educational purpose only
After a period of consolidation, it seems like the bottom has been established. 🚀 Keep an eye on this one as it gears up for potential upward movement. Disclaimer - This is only for educational purposes and not any stock recommendation
Johnson Controls Hitachi (JCHAC) is in a reverse or die situation. If this monthly support doesn't hold it will be very bad for this stock.
Gail is looking very good. 📢 Gail is breaking out and soaring to new heights! 📈🚀 Don't miss the chance to ride this bullish momentum
Voltas is at a major support zone forming double bottom. This chart is for educational purpose only.
BEML Looks Solid and is ready to break out of 16+ years of resistance. Chart posted for educational purpose only.
IDFC First Bank is in a downward sloping channel. Resistance: 42
Ingersoll Rand #INGERRAND is looking good. Volume has dried up from last few days within a tight range.
Dalmia Bharat is trying to bounce from a major support zone. The post is only for educational purpose.
Nifty small cap 100 is sustaining below its 2018 high from last 2 months. It is weaker compared to nifty 50.
Axis bank is spending is too much time near its support which is not a good sign. Looks weak and the probability of breakdown from here is high.
Pattern: Bearish Reversal 1) There must be a prior uptrend. 2) Price opens above previous day close/high and makes a high higher than previous day. 3) The Red candle closes below previous day open/low Trading this pattern 1) Look for this pattern after a big upmove. 2) Upon confirmation, open a short position on 3rd candle. 3) Place a stoploss above the high of...
Petronet has been facing resistance around 230 levels from last many days. Now it is looking ready for Breakout. RSI is also hovering above 60 levels. SL - 220 Target - 247
Goa Carbon Breakout and a Retest done
A confluence of support or resistance is simply an intersection of two or more important levels. Market participants prefer to trade around a zone that involves two or more factors rather than a zone with just one. The probability of winning is higher around confluence zones.