thepranam

thepranam Updated  Sep 7, 2024

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  Sep 7, 2024

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  Sep 7, 2024

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  Sep 7, 2024

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.

thepranam Updated  Aug 31, 2024

Weekly closing above 119 is a good sign for upward momentum. Stock is also following trendline. Support @ 119 is holding good for this week. Expect stock to go up to next S/R zone at least. MACD looking good for a good move upward too.

thepranam Updated  Aug 31, 2024

Stock NSE:PFS has had a MACD crossover in the weekly timeframe. This could indicate the stock to start going up in the coming weeks. Although keep note of the Market sentiments this week, as it could impact this stock's movement too. If all is well, this could go up all the way until its Swing High levels too.

thepranam Updated  Aug 28, 2024

Previous Gap Filled Successfully. Lower Low and Lower High Pattern completed and new Highs forming. Stock has retested its all time low successfully and currently near 52W High levels. MACD also going upward continuously. As long as weekly close is maintained above 470 levels, expect to see some movement in the upward direction in the coming weeks.

thepranam Updated  Aug 24, 2024

Higher Low and Higher High formation noticed. Successful retest @ Support Zone 2180. Looks good upto the next S/R zone at least.

thepranam Updated  Aug 24, 2024

Making Higher High Patterns. Successful Retest @ Support 315

thepranam Updated  Aug 18, 2024

NSE:CAMLINFINE seems to be gaining good volume since the last few weeks. If this continues and if it breaks the nearest Resistance Level at 125, it could go up easily all the way till the next Support/Resistance level at 153. So far MACD seems to be playing out well and could indicate the stock is ready to go up further from here. We just need to hope that the...

thepranam Updated  Aug 18, 2024

NSE:VENUSREM seems to be freshly coming out of the Cup and Handle Pattern. Co-incidentally, its is also at a Support/Resistance Level of 404. It can also be noticed that there was a Convergence Divergence at the MACD Crossover a couple of years ago. After which, we see a another good MACD crossover happening at a crucial level, where the Cup & Handle Pattern...

thepranam Updated  Aug 18, 2024

Stock has completed its Lower Lows Pattern last Jan 2023. New Higher High and Higher Low Pattern has been in formation ever since the last Swing Low. MACD Cross has also been happen with a Higher High Pattern. Lets hope the recent MACD Cross takes this stock to its next leg up. Stock is also slowly gaining some decent volume. Note: Patience is Key here as the...

thepranam Updated  Aug 12, 2024

Weekly MACD is about to make a crossover on NSE:JKTYRE . Once this crossover happens successfully, it could trigger a good move upward. Company seems to be performing really well since last few years. We also have some good positive ratings as well from Analysts and good Earnings Report as well. While the weekly charts looks good, the Monthly chart is not...

thepranam Updated  Aug 9, 2024

The stock has been forming a Parabolic formation ever since Swing High levels. Also, there is a MACD crossover is play in the weekly timeframe. If all goes well, this should start rallying in the coming weeks and going all the way up to its Swing High levels at least.

thepranam Updated  Aug 9, 2024

The Stock seems to be following the Trendline and successfully forming Higher High and Higher Low Pattern. Convergence Divergence is also in play currently. MACD Crossover has also happened exactly at Trendline retouch indicating a move upward. Election results has helped the stock to rally as well, since Modi government retains power for the 3rd time. If...

thepranam Updated  Aug 9, 2024

MACD is going to cross pretty soon in the coming days. Once Cross is done, should open new entry levels for next leg up. Good chance the stock can easily retouch its Swing High. Try to take entries only after MACD Cross completes successfully. Stock's fundamentals looks promising too.

thepranam Updated  Aug 3, 2024

Price Action made a retest @ 650 levels and MACD started making a Higher Low Pattern formation. MACD has started forming a Higher Low Pattern indicating a good momentum upward from here. Stock will have to keep maintaining closes above 650 levels as it has formed a good Support Zone as of now. Any closes below this level, could only take the stock to newer...

thepranam Updated  Aug 3, 2024

Price Action downward, however MACD taking trajectory upward. As long as 225 levels are maintained, stock can seeing upward momentum. Stock has also crossed 200 EMA. Note: 225 is the key support level to start going upward. Any break or weekly close below this level will invalidate the above setup.