GlobalMarketGuru

GlobalMarketGuru

📈 Awaiting bullish breakout above resistance ✅ ₹10,501 crore OPaL investment approved by the government ✅ Gas priced 20% higher than government-set rates 🔄 38.2% Fibonacci retracement level held strong

GlobalMarketGuru

Strong Uptrend: The stock experienced a strong upward movement in May, establishing a bullish trend. Descending Channel Formation: Currently, the stock is trading within a descending channel, a pattern that often precedes a breakout. Awaiting Breakout: A bullish breakout above the channel could lead to a continuation of the uptrend. Target Level: If the...

GlobalMarketGuru

Bullish Breakout Above Resistance: The stock has broken above a significant resistance level at ₹389.10, indicating a bullish trend. Range Trading Since July: The stock had been trading within a range from July, between ₹343.70 and ₹389.10, before the breakout. Strong Volume Support: The recent breakout is supported by good volume, adding strength to the...

GlobalMarketGuru

Bullish breakout confirmed above the ₹1,556.20 resistance level. Strong volume support indicating potential for continued upward momentum. RSI indicates a healthy trend, not yet overbought. Potential for further gains in the near term. Keep an eye on upcoming market movements for opportunities.

GlobalMarketGuru

Indian Renewable Energy Development Agency (IREDA) is approaching a critical breakout zone. Currently trading at ₹244, it's positioned within a key range with strong resistance at ₹310. Keep an eye on the stock for a potential breakout above ₹254 or a breakdown below ₹233. These levels could define the next major move.

GlobalMarketGuru

Hindalco Industries Ltd is currently in a consolidation phase and approaching a potential bullish breakout. Key levels include Resistance 1 at 687 and Strong Resistance at 709. A decisive move is anticipated soon.

GlobalMarketGuru

HDFC Bank is nearing a potential bullish breakout above 1,684.00, with the next resistance level at 1,794.00. The stock has been consolidating and shows signs of upward momentum. Keep an eye on these levels for a decisive breakout, which could lead to a strong move higher.

GlobalMarketGuru

Coal India is nearing a crucial resistance level at 543.00. A breakout above this level could signal a strong bullish move. The stock has been following an ascending trend line, showing consistent upward momentum. Watch for a potential breakout and follow the trend for trading opportunities.

GlobalMarketGuru

Tata Steel is currently at a critical juncture. Watch for a potential breakout in either direction. Key resistance levels to monitor are at 169.00 and 181.00. A decisive move in either direction could signal the next major trend.

GlobalMarketGuru

Reliance Industries Ltd is currently trading in a consolidation range, with potential for a breakout in either direction. Key levels to watch include Resistance 1 at 3056 and Strong Support 1 at 2766. A decisive move is expected soon, with strong resistance at 3217 in case of an upward breakout.

GlobalMarketGuru

Asian Paints Ltd is on the verge of a bullish breakout at 3145, with the next resistance at 3393. The stock is forming a bullish megaphone pattern, supported by strong volume, indicating potential upward momentum.

GlobalMarketGuru

Current Situation: NIFTY is trading in a tight range. Breakout Potential: Awaiting a breakout in either direction. Market Watch: Key levels to watch closely for the next move.

GlobalMarketGuru

Chart Pattern: Descending Channel, awaiting breakout Long-Term Trend: Potential continuation if breakout occurs Technical Indicator: Watching for MACD crossover Fundamental Boost: Secured ₹4,676 Cr contract from ONGC

GlobalMarketGuru

Price Action: Trading within a range for the past few days Potential Move: Awaiting a breakout in either direction Breakout Alert: Stay tuned for a breakout soon

GlobalMarketGuru

Breakout Alert: Bullish breakout confirmed Trend: Strong uptrend with increasing momentum Volume: Supported by strong volume, indicating buyer interest Action: It's time to join the ride!

GlobalMarketGuru

Chart Pattern: Cup and Handle Potential Breakout: Awaiting confirmation of breakout soon Technical Indicator: MACD showing a bullish crossover Resistance Level: Stock is breaking a strong resistance level

GlobalMarketGuru

OIL India Ltd is nearing a potential bullish breakout as the stock consolidates above the former resistance, now turned support, with strong volume backing the move.

GlobalMarketGuru

In Box range from few days. Awaiting Breakout in either direction #BreakoutSoon