ASPI is moving perfectly inside the channel formed where we see the recent price is being respected on the upper boundary formed. The reversal signals for a retracement back towards the lower boundary formed which is holding close to 50%-61% on the fibonacci retracements.
ASPI is currently experiencing a bullish breakout from a triangle pattern, indicating a strong upward trend. A daily resistance level near 11500 has been identified, suggesting a possibility of a return to the highlighted zone. The prevailing market sentiment supports the continuation of the bullish trend, making it likely to reach the anticipated target effortlessly.
After recent breakout bourse took a breather after getting rejected at golden pocket fib level. currently its nearing the support zone roughly at 9150 range.. expecting a bounce here while forming another HH and HL formation. Failure to that pullback could extend to 9030 levels. lets watch!
9600 Support is being tested multiple times. Positive - RSI breakout is now on retest line. ASI is above all the LT- DMAs.
SUN.N0000 is an aggressive growth company growing through M&A's. With margins under pressure due to the economic crisis in the country SUN was not able to perform as expected however going forward they will be able to improve margins with the economy recovering, this along with a reduction in lending rates is expected to significantly boost net income for the...
This penny stock has been consolidating for several weeks following an excellent quarter where the company reported an EPS of 0.54 driven by strong top-line and margin growth. Repetitive performance will warrant a rerating and a strong momentum upwards in the counter.
CSELK:AGAL.N0000 AGAL looks posed to recover , however it might head towards the ~30 price level before a recovery, traders would be wise to look at shorter timeframes for accurate entry points.
Yields have improved due to payout ratios returning back to normalcy and with the currency pressure easing dividend repatriation would continue making this counter an attractive pick. [ CSELK:CTC.N0000
After briefly getting correct due to bearish divergence, index as well as RSI is forming a inverted HNS pattern. However RSI still show some bearish strength until broken the trendline. Candle close above 9356 will be really bullish for the index.