zenni_10

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)

zenni_10 Updated 

On 30m chart , breakout is visible in tata steel On the breakout candle, Volume is higher than average and there is sudden rise in ATR The resistance trendline broken, is now acting as a support after the breakout Since this pattern is on 30m chart , we consider it a short term trade and keep low tgt of 115.6(green horizontal line) and SL of 112.25 (white...

zenni_10 Updated 

On 4 hrly chart a Wedge Breakout is visible Volume is high on the breakout candle Levels Around 7845 may be tested before upward move indicating sl (white horizontal line) Short Term Target is 8274.7 (yellow horizontal line), Targets can be increased further later , depending on the candle.

zenni_10 Updated 

On 1 hourly chart, There has been a breakout , of the resistance line (yellow line) the resistance has turned into support ATR is rising after the breakout On a 4hourly chart, double bottom is formed The next immediate support and resistance are marked (white horizontal lines) Target and SL for a short term trade are mentioned in the chart

zenni_10 Updated 

There has been a triangle pattern breakout in M_M Finance On Breakout Volume is higher than Average volume prevailing during the triangle formation. Tgt and SL are marked on the chart for Short term trade Tgt = 294 SL= 281 Immediate Resistance line is marked as horizontal white line

zenni_10 Updated 

Breakout on Torrent Pharma On daily chart most of the candle body is above the resistance line (yellow line) Stochastic crossing into OB zone indicating good momentum Volume on the bullish leg is higher than that during consolidation tgt and sl are marked on the chart

zenni_10 Updated 

Wait for breakout and confirmation Area around 2981 is resistance zone (price near resistance) Higher volumes on upward movements indicates possible breakout If breakout , tgt is 3218 and SL is 2813

zenni_10 Updated 

Falling Wedge Pattern breakout and retest Keep SL below Retest zone (demand zone) 1:1 trade