Hello to everyone, As we can see there is a Bullish divergence in RSI & PRICE on daily timeframe . This is indicating that price has not much momentum to go downside. We can expect a trend reversal in Dixon. The price consolidating in a range from last few days. As per the theory of range, the price will go to the side on which the breakout occurs. But here...
#GODREJPROP down 60% from all-time highs & testing the confluence of supports! Price retesting horizontal breakout + primary trendline support since 2014. Monthly RSI @40 Support which indicates Value Buying in stock. Good For Investment Point of view. On Weekly + Monthly TF Price formed a falling wedge Patten and price also very close to upper downward trendline...
The price taken support at support zone+ CIP level and moved again towards the upside level and price finally breaks the downwards trendline channel where price was taken resistance again and again. Volume also increasing of breakout candle. If price sustain above the breakout zone than price can move sharply towards the upside. The support zone is 400 and ...
BANKNIFTY is currently trading higher and higher, having crossed multiple price hurdles and achieving its highest closing in the past week. The price is now very near to its lifetime high. If the price closes above the level of 43855 on the daily chart, we may see a rally towards positional targets of 44222, 44444, and 44888. This could be an awesome opportunity...
The price consolidating itself near demand zone from a very long time. Price respects the support level of 2240 and takes support & moved towards upside to the breakout level. If price breaks the levels of 2355 and closes than we can expect good upmove in coming days. #PIDILITIND📊 👉Keep in watchlist 👉Breakout Possible above 2855+ Close 👉Support At 2240 👉Good...
LALPATHLAB has recently experienced a volume breakout, with a support level at 1966/1888. There is a strong possibility of a reversal in the near future, with possible targets to be determined. This stock is definitely one to keep on your watchlist as there is potential for further upward movement,
AXISBANK has recently experienced a major resistance and range breakout, with a support level at 877. The stock is currently at a retest level of 895-905, with possible targets at 940 and 965. This stock is definitely one to keep on your radar as there is potential for further upward movement.
The price trading inside tight accumulation range and now near the support level of 1380. Price formed strong base which showing price can given breakout in coming trading sessions. Price forming low risk & high reward setup. My initial targets will be 1440/1477/1522+ for the upside. Above 1455+ closing will give a massive breakout in the price and price sharply...
The price trading near the trendline support and price formed hammer on weekly chart and also price taking perfectly support also at the trendline and weekly RSI also at the 40 support which shows that price has momentum to go upside and price can move towards the upside levels. 👉🏻At trendline support✔️ 👉🏻Hammer at support on weekly chart✔️ 👉🏻 Weekly RSI @40...
#BALKRISIND is currently trading near a resistance area, with a possible breakout above 2160+ closing. If the breakout occurs, the price could fill the upper gap space and reach targets of 2263, 2333, and 2433. Traders should keep a close eye on #BALKRISIND and look for confirmation of the breakout before entering a long position. If the breakout fails, the price...
The price is trading at strong demand zone 850-- 875, Which is multiple time tasted by the price. Price taken support multiple times and bounce back towards the upside level. As we can see that price is trading at lower level and we seen a heavy correction in price from the all time high level of 1185 and now price is trading at 877. 850 --- 875 is strong...
#TITAN is currently trading near a strong and important resistance area of 2740-2800. We can see from the chart that the price has dropped more than twice from this resistance area in the past, making it a crucial level to watch. If the price manages to break above this resistance area and closes on the weekly and daily charts above the breakout and resistance...
TATAPOWER, a stock that has been forming a falling wedge pattern with potential breakout and reversal levels. As you can see from the chart, #TATAPOWER has been forming a falling wedge pattern, with the price oscillating between two downward sloping trendlines. This can be a bullish signal, as the stock is trading in a contracting range and may be preparing for a...
Hey traders! Today, we're looking at #TATACOMM, a stock that has recently broken out of a consolidation pattern with strong volume and support levels. As you can see from the chart, #TATACOMM has formed a consolidation pattern and has recently broken out of this pattern with a strong daily close above the breakout level. This indicates that there is significant...
We have seen 20% correction from the All Time High level of 1397 level and now Price near the support zone of 1120 -- 1145. If price consolidate between the range of 1150--1185 and than breaks the 1185 level than we can see upmove towards the upside and target will be 1215/1250/1300+ If price breaks the level of 1120 and closes than target will be 1080/1060+ ✅
MGL 👉Strong Breakout Candidate 👉 Massive Volume Buildup 👉Big Range Accumulation 👉Trading 52 Week's High 👉Buy Above 990( Partially) 👉Rest After Testing BO Near 930/940 👉SL -- Below 890 ( DCB) 👉Targets -- 1060/1140/1250+
The price trading near the breakout level . Above 1320+ close trendline breakout can be possible & targets will be 1350/1400/1430 can be seen in next coming trading sessions. Volume buildup also seen there. Good momentum can be seen towards the upside.
The price taken support near the upward trendline and formed double bottom structure on daily timeframe & now trading near the breakout level if price breakout the level of 2825 and sustain above it than we can see a sharp momentum in the price towards the upside level . The level of 2740 --2700 is an important support level for the price. The RSI also taken...