Stock has currently formed a good support at 116 levels. It seems to making newer Higher Highs since the last few weeks steadily. The most recent MACD Crossover has shown a good move upward. Currently the MACD Cross is in play on the Monthly Charts. Once it completes successfully, the stock could start seeing massive movement upward in the coming weeks/month.
NSE:TV18BRDCST is looking good currently on the weekly charts. The stock is currently trying to break out of the Support/Resistance zone of 48. Weekly closings above this levels could take the stock further upward. MACD also made a cross nearly after the Convergence Divergence that has occurred in March 23. Technically stock is showing some good hopes and can try...
In this tutorial, we analyzes the reversal of NSE:RALLIS 's 50% decline, identifying key technical indicators that signaled a buying opportunity. We'll explore how to recognize bullish momentum and optimal entry points using chart analysis. NSE:RALLIS reached its all-time high at 362 before experiencing a significant downturn. However, the stock began forming...
NSE:MANAKSTEEL 's stock price has been consolidating around the 50 resistance level for approximately two years. Following multiple tests, the stock finally broke out above this level in January 2024 and has since established it as a key support. The stock subsequently surged to a peak of 107, representing a 114% increase. However, it then experienced a sharp...
In this tutorial, we analyzes the reversal of NSE:PODDARMENT 's 50% decline, identifying key technical indicators that signaled a buying opportunity. We'll explore how to recognize bullish momentum and optimal entry points using chart analysis. NSE:PODDARMENT reached its all-time high before experiencing a significant downturn. However, the stock began...
Price has retested successfully at long time gap zone and has bounced multiple times at same point. Stock is also making a parabolic formation since start of 2024. Also near 52W High. Also the following could take the stock to new highs in the coming weeks. Q4 CONS NET PROFIT 243M RUPEES VS 109M (YOY) EBITDA 1.35B RUPEES VS 1.13B (YOY)
NSE:OLECTRA Greentech Ltd. has garnered significant interest recently, following the Government of India's announcement of an incentive scheme for electric vehicles (EVs). This development has positively impacted the stock's performance. Key Observations: 1. Resistance Turned Support: The ₹1640 level, previously a resistance point, has been successfully...
Successfully retested support @ 872 Ready to go all the way till 1100 in the coming weeks
MACD and Price Action have formed Convergence Divergence in the last year. A new MACD Cross is in play currently and even Price is at a good entry zone. Price has started showing upward movement after the previous Convergence Divergence. Once the MACD cross is successful, expect the stock to go to the next leg upward.
NSE:DISHTV appears to be forming a Flag Pattern on its weekly chart, indicating potential upside momentum. Despite Monday's market downturn, the pattern has demonstrated resilience, maintaining support levels. If the pattern holds, we can anticipate a continuation of the upward trend, targeting Swing High levels. This bullish outlook is further reinforced by the...
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.
Stock is currently trading above its weekly support zone. Price Action making Higher High and Higher Low Pattern. MACD also forming Higher High and Higher Low Pattern. Stock looks ready for its next leg up.
Price Action is making Lower Low Pattern, while MACD Cross is making Higher Low Pattern. MACD is showing good momentum upward. The stock should be ready for its next leg up, at least until the next Support/Resistance zone. Worst case, a retest to the nearest Support zone @ 480 levels. Any weekly closing under this level can take the stock to new lows. Trade with...
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.
Swing retest @ Support level - 190. Stock is trading above 200 EMA levels. Weekly close above 190 will set the stock to next leg up. Currently looking good at least until next S/R level if Weekly closing maintains above 190.
BSE:VIPULORG is about to form a MACD Cross on the weekly charts. If the market favor this move and if it completes its crossover, the stock should easily be able to go all the way at least until its next Support/Resistance Zone. Fundamentally speaking, the company has also started building its new Factory in Maharashtra. This could further add as a factor to get...
NSE:SONATSOFTW is currently about to have a MACD crossover in the weekly charts. While it took a massive drop after the last Earning report, it has been slowly, yet steadily trying to go back up again to the same levels. We can expect the stock to start going upward once the MACD has made a successful crossover. Try and take entries only after the MACD completes...
MACD crossover is in play on the weekly charts. Support level has currently formed at the 91 levels. Weekly closes above this level is crucial for a rally upward. MACD cross has already given 12% up move so far this week. Let's hope we start seeing new highs in the coming weeks.