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PARADEEP BREAKOUT CANDIDATE NOW READY TO SHOW STRENGTH.Nowadays chemical and fertilizers stocks are zooming... This baby doll ( 1 yr. 7 month old co.) is breaking stiff resistance 75.40 around today break and close above in daily time frame. From the last 4 candles close above 75.40 in 30 minutes chart.. Seems ready to fly for 81-90-96 when close above 96 review more for getting more ... till that can buy with sl weekly close below 65 . CMP 76.80. ( I know sl is far but target above 96 is blue sky zone)
NSE:PARADEEPLong
by kevalsonivision
UNICHEM LABORATORIES LTD S/RSupport and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) : Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum. Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
NSE:UNICHEMLAB
by zenthosh
NEOGEN CHEMICALS LTD S/RSupport and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) : Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum. Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
NSE:NEOGEN
by zenthosh
SUPRIYA LIFESCIENCE LTD S/RSupport and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) : Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum. Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
NSE:SUPRIYA
by zenthosh
1
TORRENT POWER LTD S/RSupport and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) : Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum. Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
NSE:TORNTPOWER
by zenthosh
Tata Communications Ltd - Technical Analysis 🎯 **Potential Reversal Opportunity Identified!** The price action for Tata Communications Ltd suggests the possibility of a strong reversal from critical support levels. Here’s the detailed analysis: --- ### 🔍 **Key Highlights from the Chart:** 1️⃣ **Support Zone in Focus:** - The stock has formed a strong support base near ₹1,686.75, which aligns with previous demand zones. - Multiple tests of this level indicate sustained buying interest and its significance in maintaining the uptrend. 2️⃣ **Momentum Indicators:** - Trading near the 50-day Moving Average, showing potential stabilization after a corrective phase. - The bounce from support indicates the possibility of upward momentum in the coming sessions. 3️⃣ **Next Potential Levels:** - **Upside Target:** If the reversal continues, the stock could potentially test ₹1,800–₹1,850 as the next resistance zone. - **Downside Risk:** Failure to hold above ₹1,686.75 may open the door for further downside towards ₹1,650. --- ### 🚨 **Risk Management Reminder:** - Place stop-losses below ₹1,670 to manage risk effectively in case of high volatility. - Monitor volume for confirmation of a breakout or further accumulation near current levels. --- 🔥 **Conclusion:** Tata Communications is at a critical juncture, with signs of a reversal brewing at key support levels. A breakout above ₹1,750 could set the stage for significant gains in the near term. Traders should stay alert for confirmation signals and act accordingly. 🔔 **Follow us for real-time updates and actionable market insights!** 🚀✨
NSE:TATACOMMLong
by mywork072
Voltas Ltd - Elliott Wave Analysis Update - Target Achieved**Voltas Ltd - Elliott Wave Analysis Update 📊** 🎯 **Target Achieved! Trade Executed Successfully** 🚀 The Elliott Wave structure for Voltas played out precisely as anticipated, delivering a successful breakout and hitting the target zones. Here’s a detailed recap of the movement: --- ### 🔍 **Key Highlights from the Chart Update:** 1️⃣ **Wave Structure Resolution:** - The stock successfully broke above the critical resistance level of ₹1,821.30, confirming the continuation of the bullish Wave (Y). - Price surged towards the projected ₹1,900+ zone, fulfilling the target set for this corrective pattern. 2️⃣ **Momentum Confirmation:** - Trading above the 50-day Moving Average provided a solid foundation for sustained upward momentum. - Strong buying volumes at key Fibonacci retracement levels fueled the rally, validating the demand in the identified zones. 3️⃣ **Trade Execution:** - **Entry Point:** Initiated near ₹1,790 after observing the breakout above ₹1,821.30. - **Exit Point:** Target successfully achieved at ₹1,900+, locking in significant gains. - **Risk Management:** Stop-loss placed below ₹1,800 remained untouched, ensuring a favorable risk-reward ratio. --- ### 🚨 **Lessons & Next Steps:** - **Critical Support Levels:** ₹1,821.30 now becomes the immediate support, with ₹1,641.35 as the long-term cushion. - **Potential Future Resistance:** Monitor price action near ₹1,950–₹2,000 for signs of consolidation or trend continuation. --- 🔥 **Conclusion:** This trade highlights the effectiveness of combining Elliott Wave analysis with momentum and volume indicators. Voltas continues to exhibit a strong technical structure, making it a stock to watch for further opportunities. 🔔 **Follow us for more updates and insights into market movements!** 🚀✨
NSE:VOLTASLong
by mywork072