NSE:KAYA possible Cup & Handle pattern formation since October 2021 Earlier in June the stock surged ~69% from 52 week low forming the cup and after retracing to the 0.618 point on fibonacci shows handle formation with a potential break out. Keep an eye! ;)
NSE:BARBEQUE showing multiple strong indicators - Trendline Breakout since November 2021 - Cup and Handle pattern formation since December 2023 - C&H Resistance ~680.5 breakout today (Daily) - RSI 60+ on Daily & Weekly charts - ADX 20+ with upward tick - DI+ above DI- on Daily, Weekly and Monthly charts
NSE:KAYA Technical Analysis: Stock retraced 50% on FibRetracement ABC correction wave (possibly) completed EMA 50 support (Daily) RSI looks healthy in the 40-60 zone Stock hitting upper circuit today (22 August 2024) Immediate resistance: 573 to 575 Next Target: 796 Company News: - Collaboration with consumer goods maker Marico which will exclusively...
NSE:NIFTY observed a good bounce from <24000 Levels and strong support on previous channel + EMA50 (Daily). Long opportunity with 24680 Target. 3.45:1 Risk Reward
BALRAMCHINI possible breakout for a rally with immediate resistance at 476 and 520 (ATH). Sugar stocks & NSE:CNXFMCG surging despite election results and budget corrections.
NSE:LLOYDSME is looking to break the channel after a healthy retracement and retest. Keep an eye!
NSE:CHENNPETRO pattern chart pattern observation in 2024. High Volume breakouts leading to all-time highs followed by retracement and support at the bottom of the channel. Overall channel movement is in the upward direction. Possible dip for the next ATH? Disclosure: I am not SEBI registered. The information provided here is for educational purposes only....