diwakarmishra

diwakarmishra

Price was in downtrend for a long time. Price has broken the channel and is near resistance zone if its breaks 311 on weekly closing basis this could run up !

diwakarmishra Updated 

Aaavas Finance has tested the resistance line. Now on the monthly charts it has broken the resistance and closed above it. Finance sector is a bit stronger sector currently. Bullish on this stock.

diwakarmishra

Stock is near support levels and trying to maintain price near support. Not falling in weak markets which shows Possible strength. Can be a candidate for trendline breakout lets wait & watch

diwakarmishra Updated 

The price has now broken above the trendline. The current weekly candle has closed above the trendline, which is a sign of a potential breakout. The breakout is also supported by a strong green candle with increased momentum. If the price sustains above the trendline in the next few candles, it can confirm a trend reversal.