zenni_10

zenni_10 Updated 

The level around 279 is an important support zone Price was not able to break 305 level, and tested it thrice in the last month Now, it has broken through this level and is showing good momentum and volume currently Thus, there is a short term trade Tgt and sl are marked on chart

zenni_10 Updated 

On daily chart, price has found support at 100day SMA, at level around 2868 (purple horizontal line) Also, this level coincides with 38.2% retracement, of the four month rally (apr-july). Thus, this level of 2868 can be considered as a good support Taking this level as support, it has formed a rectangular pattern and now breakout has occured. There is support of...

zenni_10 Updated 

On higher time frame (4 hrly chart), the stock is trading in a rising parallel channel (marked as purple lines) Accordingly, price found support at the levels around 1506 (demand zone) On sept 1, Price reversed from that level, the rise from there is accompanied with rise in volume, and bullish candles, and rise in ATR Keep SL below the rising purple...

zenni_10 Updated 

On 2 hourly chart there is inverse head and shoulder formation neckline is marked as yellow line The volume during the formation is low, and ATR was also steadily falling Price found support on the rising trend line (blue line) on 25-80-23 and after that bullish strength started to increase gradually, (increasing volume and ATR) On the breakout candle , the vol...

zenni_10 Updated 

On 4 hrly chart, the level of 1909 had been a support zone in the last two months, There is a breakdown with good volume and a strong breakdown candle . Tgt and sl are marked on chart

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...