thepranam

thepranam

NSE:SHAREINDIA is currently at a good buying range. Stock has also corrected about 30% from its top and has started forming good support. MACD is indicating a good bullish momentum that is still at an early stage and could start soon. Stock is also bouncing off from its Supply/Demand zone as marked in grey box on chart. Could take a while by the time the trade...

thepranam Updated 

Stock seems to have following the Trendline as given. There has been 4 touches so far on this trendline, indicating a strong Support formation. If the stock continues to obey the trendline, it could revisit its Swing High again. MACD Crossover also indicates a good bullish momentum. While there us a Support formed at 4748 level, even our Trendline intersects at...

thepranam Updated 

MACD crossover is in play on the weekly charts indicating bullish momentum. Once the crossover happens successfully, we can see a good rally upward at least up to the half way mark of the previous Swing High levels. Formation of US Company for Bakery and Confectionary Business could be an added boost for the company to start seeing some up move.

thepranam Updated 

NSE:GLOBUSSPR has found its Swing Low levels at 710, which has also formed as a good Support as of now. MACD levels are also moving upward steadily since the last few years indicating a good move upward. If the market condition is stable for the next few weeks, we can see this stock moving up too. Do not expect the stock to suddenly rally up as there is not...

thepranam Updated 

Price Action currently near Support/Demand Area. Successful close above 163 can take the stock to greater heights. Keep close watch. Monthly MACD cross in action too. March Quarter Profit Looks good too.

thepranam Updated 

Looking good for next leg up Successful retest of swing low Looks good till 550 and above

thepranam Updated 

Weekly MACD Crossover is in play and also very good volumes in the Stock off late. Expect the Stock to rally to its next leg up provided our Indices are stable and low volatile. Any big move in market can take the stock down faster. Ensure to follow Strict Risk Management when trading this stock. If all is well, the stock can easily rally up to its Swing High levels.

thepranam Updated 

NSE:GOLDIAM bags INR 600m worth of order for Gold Jewelry. In addition, even the MACD is about to make a crossover on the weekly charts. This can indicate a good move upward as it comes at the same time that even the company has bagged a very huge order. If everything goes well, the stock could easily hit the next Support/Resistance zone very comfortably and...

thepranam Updated 

NSE:PEL has completed its Lower Low Pattern last year March and has ever since being forming a new Higher High Pattern. At the same time the Price Action and MACD also formed a good Convergence Divergence. Currently the MACD also about to cross in the coming week. This indicates a bullish pattern and chances of going up from here. 915 has formed as a good...

thepranam Updated 

A new MACD Crossover is about to happen in Weekly Charts indicating a good move upward. Once the crossover is successful, ideally in the coming week, we can see the stock ready for its next leg up. The stock has also formed a good Support at 39 levels.

thepranam Updated 

2807 Support level seems to be playing well since 3 years now. MACD also making cross exactly at current support zone. Stock currently looks good at this point. Weekly closes above 2807 level should look for a move upward.

thepranam Updated 

Stock is re-testing its 52W high. On a Multi-Year Breakout zone. Good increase in volume as well. Weekly closing above 82 could take the stock up further high. Keep close watch on stock.

thepranam Updated 

MACD crossover is in play in weekly charts indicating a good move upward. Once the crossover is success, the stock can start its rally. Currently the stock is getting rejected from the 165 levels and forming a Resistance. Once the stock crosses this level after the MACD Crossover, it can start going upward faster.

thepranam Updated 

Stock seems to have successfully retested its Swing Low at 500 levels. A good support as well has formed at 547. Price Action is trying to break the old Lower Low Pattern and form a new move upward. MACD also seems to be slowly but steadily gaining momentum upward. The recent Google Play dispute could be making the stock move at a very slow pace. So far 547 seems...

thepranam Updated 

Stock is currently trading near its Multi Year Support/Resistance zone of 836. While 836 has been a strong Resistance/Rejection point twine in 2018 and 2021, this has turned out to be a good Support point currently since Sep 2023 during multiple revisits. MACD Cross is also under play at this time. If all goes well, the stock could start seeing some new highs in...

thepranam Updated 

Price Action forming Higher Low Pattern. MACD Cross also forming Higher Low Pattern. Stock seems to be following Trendline. Currently also @ crucial Supply/Demand zone. Weekly closing above 500 levels with good volume can take the Price to new Higher High Levels. NOTE: Only negative for now is CTO and Chief HR has resigned very recently.

thepranam Updated 

Stock has been under consolidation since 6 months. MACD Cross seems to be in play. But has tried crossing since 3 months now. Lets wait for the MACD Cross to happen successfully and the consolidation could complete around same time. Stock has been having multiple good Earnings. This should definitely take it to new highs. Keep a close eye.

thepranam Updated 

Price Action and MACD have shown Convergence Divergence. Also a new Higher High and Higher Low Pattern seems to be in play currently. Another new MACD Crossover as well is happening now. Could this cross take the Stock to a Swing High again? While Weekly charts look good, even the MACD Cross on Monthly charts look promising as well. Let's keep an eye on this.