zenni_10

zenni_10 Updated 

The level around 4938.65 (yellow horizontal line) is an important support area It has been broken , with high volume The breakout candle is strong and has negligible wicks ATR had a sharp rise on breakout , thus confirming it Area around 4708 (white horizontal line) is the next immediate support Keep tgt little above that area and SL above the high of breakout...

zenni_10 Updated 

The level around 234.4 (yellow horizontal line) is an important resistance , In May and June it was a Strong Support and in July and August it turned into resistance, Currently , there has been a breakout through this level, On Shorter time frame there is also inverted head and shoulder , neckline being the same level. The breakout candle has negligible wicks and...

zenni_10 Updated 

On 2 hrly timeframe a triangle pattern has been formed (yellow lines on the chart) Also a small head and shoulder pattern is formed simultaneously, (neckline markes as pink line) The level of 4780 is a very strong support The breakout candle breaking through head and shoulder as well as triangle has negligible wicks and is accompanied by higher than average ATR...

zenni_10 Updated 

In the last three months , the level of 3138 (yellow horizontal line) has been an important support level (demand zone). This level was broken on 16 august, but the selling pressure failed to sustain. Overall volume in this period clearly indicates buying pressure more than selling pressure. On a smaller time frame (2hrly) , there is a formation of small inverted...

zenni_10 Updated 

On 4 hrly chart, after the bullish leg from 722 to 1115.4, there was a retracement of 61.8%, marked as pink horizontal line (at price 943.7) Now , On 2 hourly chart , a lot of bullish momentum is visible, Level of 1049 was broken with a very bullish candle , coupled with good volume. After that there has been consolidation Thus, there is a Short Term Trade tgt...

zenni_10 Updated 

There is a bearish breakout in asian paints, with a high vol confirmation on breakout candle Tgt and SL are marked on chart

zenni_10 Updated 

Level around 113 has been an important resistance zone, (purple shaded area) On 25th july there was a breakout through this level accompanied with higher volume After that there was a pullback, and retest of the level around 113, which has now turned into support After the retest, vol also increased indicating bullish strength Oscillators are also in favour of...

zenni_10 Updated 

The Level around 184 was a strong long term resistance, It was broken on 12 june '23 , and since then , it has turned into support (grey horizontal line) After that there was consolidation at 197 forming a short term resistance at that level (yellow line) Now breakout has occured through that level , with good higher than average volume For a Short Term Trade tgt=...

zenni_10 Updated 

Previously it had given a trendline breakout and since then there has been a bullish momentum in this stock On 2 hrly chart , a rectangular consolidation was formed and now there is a breakout with good volume ATR is rising since the breakout Target and SL are marked on the chart

zenni_10 Updated 

On a daily chart time frame , important resistance zone around 1069 (yellow line marked on chart) has been broken with good volume (higher than average) On 2 hrly chart a rectangle shaped consolidation has been broken, vol during the consolidation was low , and is high on and after breakout Rise is seen in ATR on and after breakout, and had an overall rising ATR...

zenni_10 Updated 

There has been a breakout through the Resistance line (Yellow line) There is good , higher than average volume on breakout There is rise in ATR on and after breakout Steep Rising RSI Crossing over to OB zone is indicating good momentum Tgt = 662 SL = 599

zenni_10 Updated 

On 4 hrly chart there is a wedge formation, and breakdown with higher than average volume and good breakout candle with very small negligible wicks The low of breakout candle was broken in the next candle The retest of wedge support line is also done, it is visible that support has turned into resistance keep SL above the breakout candle SL 686, Tgt 635

zenni_10 Updated 

The area around 1155 (yellow horizontal line) is an important resistance on daily timeframe It was broken on 5 july with higher than average volume The next immediate resistance was 1199 (pink horizontal line) , which is now broken again with a good higher than average volume On a 2 hrly time frame , inverted H&S pattern has also been formed (neckline is blue line...

zenni_10 Updated 

On 1 hrly chart, There is breakout of triangle pattern There is good volume and sharp rise in ATR on breakout On higher time frame, the trend of the stock is also bullish SL = 587 tgt = 622

zenni_10 Updated 

A rectangle Pattern breakout is there on daily chart (shaded rectangle marked on chart) A head and shoulder breakout is there on 4 hrly chart (marked on chart) 1155.7 is an important resistance line , and has been broken (yellow horizontal line) On breakout, the vol is higher than average, and ATR is also higher than average Trade : Tgt 1246 = ,SL...

zenni_10 Updated 

Breakout through the resistance line (yellow line) is visible in M_M vol is higher than average on breakout ATR rose from 16.19 to 18.97 on breakout and rising since then Stochastic RSI shows entry into OB zone indicating momentum Keep SL below the low of the breakout candle SL = 1359 Tgt = 1550.5 ( RR Ratio is 1:1)

zenni_10 Updated 

There is a breakout seen through falling resistance trendline (yellow line) On Breakout there is a rise in ATR as well as good volume On a 4h chart , it also corresponds to pole and flag Overall volume of a couple of months indicates bullish momentum There is also bullish divergence in stochastic (marked by pink line on stochastic indicator) Tgt =144 Sl = 125.75

zenni_10 Updated 

On 2 hourly chart a Wedge Pattern has been formed On the breakdown candle there is high volume After the breakout ATR is rising There was restest of the wedge resistance Target and SL for a short term trade are marked on the chart The targets can be further increased Support and Resistance are marked on chart (white horizontal lines)