Fall of 2 days have halted. Today was a doji at important Gann level. Seeing overall market scenario, we might see a bounce here.
With the incoming volume, breaking out of multiple important levels, which includes consolidation and gann levels
Considering the past pattern i.e. a series of Higher High and Higher low, the price is forming a latest Higher low and seems ready for new High. Seeing all the technical parameters , the current low satisfies the criteria for an effective higher low. Looks good.
Breakout of monthly resistance. Good Volume. Retest seems to be complete.
Gann Arc support Important key level support Breakout in OBV Looks good if current weekly low is not broken
Crossing off major resistance Crossing gann arc resistance Good volumes
Bouncing from major gann level Bouncing from prev resistance/ major level good volumes
#HFCL setup is turning out to be bullish Forming a good base. One good green day, will surely trigger new ATH
UBL Analysis- -Approaching an important resistance zone, which might work as a good support this time -Volumes are pretty much lowered -Approaching a GANN important level as well -Key support zone can be 1835.33 to 1854.05 Certainly to be kept in radar
Noticing the PA and the support at GANN imp level, it seems that EMIL has bottomed out. Yesterday's low is important. Do not think that it will be taken out on closing basis in short term
Till the time the chart stays above 124, it has all the chances of going super bullish. I see that in next week, we might see a very good resistance. Its seen taking support of an important Gann level.
Monthly chart Ready for breakout Good fundamentals
This stock in radar of every stock trader. All the Price Action Details mentioned on Chart. IMO, one should not fall for this breakout and let it stabilize.
Stock has broken above the previous high Retest the previous resistance as support Volume are increasing Trendline has been broken This area is akey area, which worked as resistance before also (Only for educational purposes)
Tatva chintan Recently listed on 29th July 2021 ~after a long consolidation, breakout happened on 26th October ~the green area which worked as resistance before 26th October, now is working as support ~recently broke above yellow area, creating new high ~looks good on cmp (Only for educational purposes)
Hindustan aeronautics limited ~A long term uptrend ~Recent downtrend ~After that a break of resistance (yellow), a break of green trendline and creation of new higher high ~Fresh volume coming ~Fundamentally strong company Only for educational purposes
Voltas limited ~weekly chart ~yellow area was working as resistance, now as support (this is called change of polarity) ~break of green trendline ~weekly candle close above green trendline ~weekly volume also increasing (Only for educational purposes)
Adani enterprises ~overall uptrend ~running in consolidation phase right now ~earlier also was in consolidation, but had a base shift some time back ~today got a breakout with volume (Only for educational purposes)