**Analysis** 1. **Trend**: The stock shows a significant upward trend starting from June, with a period of consolidation since September. The current price is around ₹802.60, with some signs of resistance around this level. 2. **Support and Resistance**: - **Immediate Resistance**: ₹824 (recent high and upper level of consolidation). Key Supports**: ...
The chart you've shared is for **Indus Towers Ltd. (NSE)** on a daily time frame (1D). Let's break it down step by step: ### 1. **Price Action** 📉 The current price is **₹366.75**, down by **-8.60 (2.29%)** for the day, showing a bearish trend. The price opened at **₹375.00**, reached a high of **₹378.40**, and a low of **₹364.35**. ### 2. Pattern🏔️ This...
1. **Rounding Bottoms** 🔵 The stock shows a series of **rounding bottoms** (marked on the chart), indicating a slow but steady shift from bearish to bullish sentiment. This pattern is like a **U-shape** 🏺, where the price slowly bottoms out and starts to rise again. The concept of **higher highs (HH)** ⬆️ rounding bottoms shows that each new bottom forms at a...
**Olectra Greentech Ltd** ### 🔴 **Red Downtrend Line** (Resistance) This red line represents a **downward resistance line** where the stock price has previously struggled to break above. 🛑 Every time the price has reached this line, it has reversed or dropped, showing that sellers have stepped in. ### 🔵 **Blue Support Line** This blue line at the bottom acts as...
The chart you've shared for Justdial Ltd. (NSE: JUSTDIAL) displays a classic **Cup and Handle** pattern, a bullish continuation pattern that often signals a possible upward breakout. Here’s a detailed analysis ### 1. **Cup Formation ☕** The stock made a rounded bottom, forming the “cup” part of the pattern. 📉 During this phase, volume gradually...
1. **Price Level 4500 is Crucial for this Stock** 🔵 **4500** is marked as a critical resistance level. Historically, the stock has struggled to break above this mark (indicated by previous points of resistance 1, 2, and 3). Now that the stock has crossed this level, it could indicate a potential breakout or strong upward momentum. This is marked by...
### 1. **9-Month Consolidation (📦 Box Pattern)** **Pattern**: **Rectangle/Box Consolidation** **Details**: The price has been **moving sideways** within a range of about **₹300 points** for the last 9 months, creating a consolidation zone. This period of consolidation indicates **indecision** in the market, where neither bulls nor bears have taken full...
Here's a detailed explanation of the chart with added emojis: 1. **Breakout Level**: 📊 **Breakout Level** (marked in yellow) represents a key **resistance** point around ₹1,421.90. - 📉 In the past, the stock price repeatedly tried to cross this level but was pushed back down each time, showing that sellers were strong at this point. - 🚀...
**Chart Overview:** **Stock:** Hero MotoCorp Ltd. (NSE: HEROMOTOCO). - **Indicators:** **EMA (Exponential Moving Average)**: - 9-period EMA: \(5,759.37\) 21-period EMA: \(5,618.91\) - 50-period EMA: \(5,472.63\) **200-period SMA (Simple Moving Average):** \(4,788.98\) **Volumes**: Shown below the price chart, indicating trading activity. ...
The chart **Advanced Enzyme Tech Ltd. (NSE)* * shows a clear **cup and handle pattern** which is typically a bullish continuation signal. Here's a breakdown of the key points in a trending fashion: ### 1. **Cup and Handle Formation**: - The chart presents a classic **"Cup and Handle"** pattern. This is generally considered a **bullish chart pattern**,...
🎮 **Nazara Technologies Ltd (NSE)** – 🚀 *On the Verge of a Big Move?* 🚀 ### 🏛️ **Chart Breakdown:** 1. **The IPO High Resistance 📊:** Nazara Technologies’ **IPO high** was marked around **₹1,049**, a level it initially struggled to break past. After a rollercoaster ride, the stock is now retesting this crucial resistance. 2. **Cup & Handle Pattern 🏆:** ...
The chart for Bhartiya International (NSE) is a monthly timeframe chart. Let's break it down and analyze it step by step. ### General Observations: 1. Resistance Breakout: The price had previously formed a resistance around the **₹638 level**, which was tested multiple times between **2016 and 2018**. However, in those attempts, the price failed to break out. ...
Analysis of Laurus Labs Ltd. Chart (Weekly Timeframe) 1. Channel Trend & Breakout Upward Channel: The chart shows a clear upward trend within a rising channel, starting from around mid-2022 and continuing into late 2024. Breakout: The price has just broken out of the upper boundary of the channel near the ₹500 level, suggesting potential bullish momentum. A...
Let’s dive deeper into the breakdown and the **last 5 candles** for a more detailed explanation of the chart: ### **Breakout Analysis**: **Breakout Level**: The stock price had been **consolidating** just below the resistance level of **₹194.96** for a while. This resistance level corresponds to the previous high, forming a psychological barrier. **Volume...
Sure! Here's a fun, visually engaging explanation of the pattern and setup for social media using emojis and a clean structure: --- 📊 **Syngene International Ltd. - Head & Shoulders Pattern Breakdown** 💡 🔍 **Pattern**: Head & Shoulders (Bullish Breakout) - 👕 **Left Shoulder**: Price forms a peak. - 🧢 **Head**: A higher peak, followed by a decline. - 👕 **Right...
Key Observations: 1. **Uptrend Confirmation**: The chart is showing an overall uptrend from around May 2024, as indicated by the purple trendline connecting the higher lows. The green candlestick from the previous week (second to last candle) broke above a significant resistance level around ₹2,320.90, confirming the continuation of the uptrend. 2. **Last...
sugar and ethonal stock high debt stock Cyclical stocks news ewent stock no recommendation for buy or sell
pharmaceutical company 9 years breakout 2015 breakout rounding bottom pattern breakout bullish candle on monthly weekly and daily 25Q1 results beat all its life time sales point of view operational profits PAT also beat all quter EPS also give ever