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KPI GREEN Stock Plummets – All Short Targets Smashed in 15-MinKPI GREEN Stock Technical Analysis: KPI Green on the 15-minute timeframe has completed its short trade with a clear break below the Risological dotted trendline, and all targets have been successfully hit. Key Levels: Entry: 811.55 Stop Loss (SL): 820.70 Target 1 (TP1): 800.25 Target 2 (TP2): 782.00 Target 3 (TP3): 763.75 Target 4 (TP4): 752.50 Observations: The price respected the resistance offered by the Risological trendline and steadily declined. Bears are in control, with the stock making lower highs and lower lows throughout the session. The short trade played out perfectly for KPI Green, hitting all predefined targets. Watch for potential consolidation or further breakdown below TP4 for more opportunities.
KShort
by ProfitsNinja
no fundmental 1. **Price Level 4500 is Crucial for this Stock** 🔵 **4500** is marked as a critical resistance level. Historically, the stock has struggled to break above this mark (indicated by previous points of resistance 1, 2, and 3). Now that the stock has crossed this level, it could indicate a potential breakout or strong upward momentum. This is marked by the blue line and the annotation above stating that the stock has cleared previous resistances. 2. **Marks 1, 2, 3, and 4 Indicate Resistance Points** 📊 Each of these points (1, 2, 3, 4) shows where the stock faced resistance previously and failed to break above. However, with the recent move, these resistances have been cleared, which might indicate a bullish trend. - The blue boxes on the chart represent these resistance levels. 3. **Global Markets Not Supporting the Bull Market** ⚠️ **Caution**: The annotation warns that despite the recent positive movement in this stock, global market conditions are currently not favorable for a broad bull market. This implies that external factors might pose risks to further upward movement. Traders should be cautious. 4. **Support at 3896.70 Level** 🔴 The red line near **3896.70** is identified as a potential support level. If the price pulls back, this level could provide a safety net or area of demand where buyers may step in to push the price up again. Support levels like this are important for managing risk, especially for stop losses or re-entry points. 5. **Volume Spike Indicating a Big Move** 📈 **Volume buildup** is observed over the last month (highlighted near September). This spike in volume is an indication that there is increased interest in the stock, possibly signaling a major move is happening. Higher volume often supports the direction of price movement (in this case, upwards). 6. ** Pattern Formation: Cup and Handle? ☕ There's a suggestion of a **cup and handle** pattern, where the stock's price forms a rounded bottom followed by a consolidation before breaking out. This can be a bullish continuation pattern indicating that the stock might be set for a further upward move after the break In summary: The stock has broken above key resistance levels around **4500**. Volume has been increasing, suggesting interest and a possible big move. However, global market conditions may not fully support a bull market, so caution is advised. If the stock pulls back, **3896.70** could be a strong support. The stock might be forming a bullish pattern (like a cup and handle), but external factors should not be ignored.
NSE:VMARTLong
by investigationofchart
cool cool whirlpool ### 1. **9-Month Consolidation (📦 Box Pattern)** **Pattern**: **Rectangle/Box Consolidation** **Details**: The price has been **moving sideways** within a range of about **₹300 points** for the last 9 months, creating a consolidation zone. This period of consolidation indicates **indecision** in the market, where neither bulls nor bears have taken full control. - **Implications**: If the price **breaks above the consolidation zone**, it could signal a **bullish breakout** and may lead to further price increases. A **breakdown** below this zone would signal a potential bearish move. ### 2. **Volume Spike (🔺)** **Pattern**: **Volume Spike with Price Breakout Attempt** **Details**: Toward the right side of the chart, there is a visible **increase in trading volume** during the consolidation, which usually signals an **impending breakout**. - **Implications**: **Rising volume** is typically a precursor to a strong price move. If the breakout from the consolidation happens with sustained volume, it will confirm the validity** of the breakout. ### 3. **Descending Trendline Break (📉)** **Pattern**: **Trendline Breakout** **Details**: The stock had been in a **downtrend** for a prolonged period from **2021** until early **2023**, as indicated by the purple **descending trendline**. However, this trendline was broken in early 2023, signaling a potential end to the downtrend. - **Implications**: A **trendline break** suggests a potential **shift in sentiment** from bearish to bullish. The fact that the price has stabilized and entered a consolidation phase after the break hints that the stock might be building a base for future upward movement. ### 4. **Gap Down Recovery (⬇️⬆️)** **Pattern**: **Gap Fill** **Details**: In **Dec 2021**, there was a **gap down**, which is a significant drop in price. However, by Jan 2024**, this gap was **filled** with a strong **gap-up move**, indicating that the price returned to its previous levels. - **Implications**: **Gap fills** are often seen as signs of market strength, and in this case, it signals that the stock has recovered from prior selling pressure and may be positioned for further gains. ### 5. **Resistance Levels (🔴 Horizontal Lines)** **Pattern**: **Horizontal Resistance** **Details**: The price is nearing two major **resistance levels**: **First Resistance at ₹2,534.70** **Second Resistance at ₹2,754.50** - **Implications**: If the price moves toward and tests these resistance levels, a **break above these points** would be a very **bullish signal**. However, if the stock struggles to break these levels, it could face **rejection** and move back toward support. ### Summary: The stock of Whirlpool of India Ltd. has been **consolidating** for a significant period, indicating the market is indecisive and waiting for a catalyst. The **breakout from the trendline** and **volume spike** are signs of potential strength. A **breakout above the consolidation** zone could lead to a move towards testing **higher resistance levels** (₹2,534 and ₹2,754). Keep an eye on **volume** to confirm any breakout, and be cautious around the major resistance levels, as a rejection could trigger a **pullback**. This suggests that the stock is at a **crucial point** where either a breakout or breakdown could occur, and the next move will largely depend on market forces around these critical price levels.
NSE:WHIRLPOOLLong
by investigationofchart