zenni_10
Since the last two months the stock has been showing higher highs and higher lows, after bouncing back from the strong support level of 404. After that, it has formed a rising wedge like pattern in the two months duration. Currently the vol is high and rising , along with atr and adx, MACD also shows a bullish crossover 587 is the nearest immediate...
The stock has been in consolidation since the last six months, the area around yellow horizontal lines being the support and resistance zones, In the last two months, a small rising trendline is visibkle within this area Currently, the consolidation's resistance zone as well as the trendline has been broken. For confirmation, the volume and atr witnessed a surge...
A head and shoulder like pattern is visible in the stock, After a continuous fall in ATR , a rise in atr is visible, exactly on the breakout through the neckline of the h&s pattern, Also, volume had been falling, specially through the shoulder part, and now there is a sudden rise i.e. higher than average volume Orange horizontal line is the immediate next...
There has been increasing bullish strength in the stock since the last two months, exhibiting higher highs and higher lows, Currently, a small rising parallel channel is visible in the stock, Breakout has occurred , through the resistance line of the channel, coupled with higher than average volume and atr After breakout it has taken support at that level, thus,...
The stock has been in a long term downtrend, and now a small cup and handle pattern shows sign of a reversal, Since a month , the average volume has increased , specially after the results There is even more surge in volume and atr on breakout of the cup and handle neckline The orange horizontal line is the immediate closest resistance Thus, for a short term...
The stock has taken support at the level around 3842, and after that it has been in a consolidation phase since two and a half months, multiple times testing the support, the consolidation, and now the breakout through it, coupled with a higher than average volume, hints at a reversal to bullish sentiment from the previous bearish one As confirmation, ATR is...
Level around 957 has been the resistance since a couple of months, forming a head and shoulder like pattern with neckline at the resistance zone, Currently there has been a breakout through this level, Thus, there is a short term trade, tgt 1001 , sl 949
Level around 5531 is an important support zone, A small wedge pattern is visible after bouncing from the level On breakout through the wedge, a surge in volume and atr is also visible, Thus, for a small short term trade, tgt 6268, sl 5966
The level around 1555 is an important support zone Price has been approaching this zone with a falling atr, and then shown some consolidation near the zone, now there has been a rise from that level with a surge in volume and atr Thus there is a short term trade, tgt 1714, sl 1580
The stock is in a long term uptrend A rising channel breakout is visible in the stock There is a rise in vol and atr on and after breakout Thus for a short term trade, tgt 383, sl 318
There is a rising channel breakout in the stock, The rise in volume and bullish momentum has been seen since a couple of days, as it bounced from the support (lower trend line) of the rising channel, at level around 600 Thus, for a short term trade, tgt 1008, sl 820.5
Level around 363 has been a resistance for quite a while, forming a rectangular pattern over the last six months, Currently a breakout can be seen with a high volume and atr, Thus for a short term trade, tgt 403, sl 363
The level around 310 has been a strong long term resistance, The stock has been in consolidation stage since the last four months, Also currently the stock has formed a small cup and handle like pattern, and now a breakout has occurred through these levels The volume has drastically increased on and after the breakout Sudden surge in atr is also visible After the...
The stock has been in an overall long term uptrend Since two months, it has been consolidating, and has formed a cup and handle like pattern, with a breakout supported with higher volume and atr, Thus, for a short term trade, tgt 365.5, sl 326.5
The stock has been in a long term uptrend The overall volume indicates bullish strength in the stock In the previous month resistance of 502.5 was broken, thus turning the zone into support Currently a small cup and handle pattern is visible in the stock The breakout candle is supported with a rise in volume and atr Thus, for a short term trade, tgt 699, sl 612.5
The stock has been in an overall long term uptrend, with visible higher highs and higher lows Level around 572 has been a strong support since the last three months During this period the chart followed a rising trendline as resistance, forming a rising head and shoulder like pattern. Now a breakout has occurred through this zone, with a rise in volume and atr on...
The stock has been in a consolidation stage since 4 months, Area around 805 has been resistance, On and after the breakout, a strong bullish momentum is visible along with high volume and atr Thus, for a short term trade, tgt 1067, sl 873
The stock has been in an overall uptrend Overall volume indicates bullish strength Currently, resistance line of rising channel has been broken Thus, there is a short term trade tgt 12932, sl 11349