House-of-Technicals

House-of-Technicals

Retesting of Breakout Channel. & if Sustained we may witness 11 again.

House-of-Technicals

HL still intact; seems like Re-testing of Cup & Handle breakout. In the worst cases, if it breaks 48, it may touch 45 - 46. However, if 48 is Sustained on Weekly basis, we may witness Upside around 55 - 56 initially & then Crossing & Sustaining 57, will lead it towards 70+

House-of-Technicals

Selling Pressure was observed in last couple of trading days. But still it did not break its HL yet & is Still Bullish on Bigger Time Frames. Currently it tested its Trendline Support; so this can be a Make-it or Break-it Level. It has the Potential to touch 124 - 125 once it Crosses & Sustains 116.

House-of-Technicals Updated 

Immediate Resistance is around 55 - 55.20 which may seems to break this time with immediate targets around 60. & if 60 is crossed with Good Volumes, we may witness New Highs around 71 - 72 & then may be around 80, 81 & 90. On the flip side, it should not break 36.

House-of-Technicals Updated 

Bearish Divergence on Daily TF. Either it should break & sustain 118400 or it should take a breathe and retrace up till 112750 and may be till 109000. For Swing Trades, 105600 is the Important Support level that should not be broken. Once, 118700 is Crossed & Sustained, we may witness New Highs of the Index around 130000.

House-of-Technicals

Bearish Divergence on Daily TF + a very Strong Resistance around 50. Next Support seems to be around 34 - 35. and if 32.50 is broken, we may see trend reversal.

House-of-Technicals

56.30 is a very strong Support; if it remains sustained, 59 - 60 is on cards. However, 58.50 there is a Slight Resistance that can be broken easily with Good Volumes.

House-of-Technicals

Though the stock is in Downtrend but... Falling Wedge Formation on Daily TF (positive). Also Bullish Divergence on Weekly TF (positive). Crossing 2.40 will reverse the trend with immediate Resistance around 2.80 - 3. On the flip side, 2.10 - 2.15 is the Double Bottom area.

House-of-Technicals

Morning Star formation on Weekly TF which is actually a positive sign. However, sideways channel is there on Daily TF. Crossing 12430 may lead it towards 12700 - 12780 initially & then towards 13870 - 13997. Also, 0.618 has been tested of the recent rally. 13211 is a Very Strong Resistance that if Crossed & Sustained will expose New Highs towards 16500 & 17800.

House-of-Technicals

Beautifully making HH HL. Sustaining 20.15 will lead it towards 24 - 25. However, it should not break 17 for now.

House-of-Technicals

Double Bottom formed around 115 - 116. Bullish Divergence on Daily TF. However, to start its Bullish momentum, it needs to cross & sustain 123 - 123.50 & if this level is Sustained, we may witness 130 - 131. Stoploss in this case should be 114.70 on Closing basis.

House-of-Technicals

Double Bottom Formation on Weekly basis. Bullish Divergence appeared. Crossing 30 will lead it towards 35 - 36. However, it should not break 22.50

House-of-Technicals Updated 

Though there is a Bearish Divergence on Weekly TF, but on Bigger TF, we can see breakout of Falling Wedge Targeting around 60. Strong Hidden Bullish Divergence is also observed. However, it should not break 35.50 on Shorter TF. Channel top is around 46 - 47.

House-of-Technicals Updated 

Recently made a HL on Daily TF. However, Bullish Momentum will continue once the price will cross 52. 43 - 44 may act as an Immediate Support, & if it Sustained on Weekly basis, we may witness 50 again. But if 41 is broken, it may expose new lows around 36 - 37.

House-of-Technicals Updated 

Bullish Engulfer on Daily TF; however needs to Struggle on Weekly basis. Tested 61.8% fib of Recent Rally. It should go & test 850 - 900 & once 901 is Crossed & Sustained, we may witness New Highs. If it breaks 575, further Selling Pressure would be seen then.

House-of-Technicals Updated 

Today it Capped & later it Lower Locked. Picture will be more clear upon Weekly Closing.

House-of-Technicals

Stock is Bullish on Monthly TF. However, 18 - 18.20 is a Strong Resistance Zone. & if this level is Crossed & Sustained, 21 - 21.50 is on the cards. Sustaining 22 with Good Volumes, will lead it towards 26 and then 36. Immediate Support Zone is around 14.10 - 15. However, it should not break 12.

House-of-Technicals

Bullish Divergence on Monthly Basis. Falling Wedge Pattern on Weekly TF. Crossing & Sustaining 14.70 may lead it towards 18.30 - 19.50 initially. 11 is an Important Level that should not be broken.