CINDTrading within a channel since the breakout from the base. It has taken the support from the trend line also the bottom line of the channel ideally should move towards the upper band of the channel.
For the first time it has fallen below MA 20 within the channel and MA 20 remains a resistance.
If the counter fails to break MA 9,20 resistance and falls below 85, might fall further.
However volume is gradually picking up and RSI also looks to have taken support.
CSELK:CIND.N0000
EXPOtoDespite many negative rumors, expo bounced up from its trendline support. (131.5) today at the bourse. If anyone entered a trade, one can hold on to it with a strict stop loss below 130. It has currently completed 5 waves within the pattern. So likely to see a big move soon.
Follow the earlier charts to see the prior movements
LIOC | AnalysisAnalysis: As of now, the stock is trading within the descending triangle pattern, and we are yet to see a clear bearish or bullish price action.
Stop-Loss: 179
Disclaimer: This chart and analysis are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. Do your own due diligence before trading or investing in this stock.
ELPL | AnalysisAnalysis: As of now, the stock is trading within the descending triangle pattern, and we are yet to see a clear bearish or bullish price action.
Stop-Loss: 74.80
Disclaimer: This chart and analysis are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. Do your own due diligence before trading or investing in this stock.
KHL | AnalysisAnalysis: The stock has formed an ascending triangle pattern. If buyers manage to break above the pattern at 19 levels, the stock has the potential to reach Fibonacci retracement level 1 and previous all-time-high at 21.
Stop-Loss: 17.50
Disclaimer: This chart and analysis are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. Do your own due diligence before trading or investing in this stock.
EXPO | Analysis 1hAnalysis: The stock has formed a falling wedge pattern, which is a bullish chart pattern, and it is also making a bullish divergence on RSI. If it breaks above the wedge pattern and 30-hour moving average, it could signal a reversal in the bearish movement and potentially lead to a bullish movement.
Stop-Loss: 141
Disclaimer: This chart and analysis are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. Do your own due diligence before trading or investing in this stock.
LOFC | TradeTrade Book: CT-LI/CT-LC
Trade No: 09/180
Entry Price: 6.30
Stop-Loss: 6.20
Reason for Trade: If the horizontal price channel at 6.70 is broken, the stock may potentially reach the range of 7.40 to 7.60. This could test the 200 day moving average, as well as the Fibonacci retracement levels of 0.618 and 0.65.
Disclaimer: This chart and analysis are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. Do your own due diligence before trading or investing in this stock.
BIL | Trade/Analysis Trade Book: CT-LC
Trade No: 154/155
Stop-Loss: 5.9
Reason for Trade: If the stock continues to follow the expanding triangle pattern , it may move upwards to test the 200-day moving average and Fibonacci retracement level of 0.786, which is at the 7.0 level.
Disclaimer: This chart and analysis are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. Do your own due diligence before trading or investing in this stock.
HNB | AnalysisAnalysis: The stock is currently testing the Fibonacci retracement 0.65 levels, while creating a bearish divergence on RSI. A bullish signal for the stock would be a breakout above the 138 levels and descending trendline on RSI. However, if the stock breaks below its previous higher low of 131 and 10-day moving average, it may retest the 30-day moving average for support.
Stop-Loss: 130
Disclaimer: This chart and analysis are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. Do your own due diligence before trading or investing in this stock.
GHLL | AnalysisAnalysis: The stock has broken out of the bullish flag pattern and is currently retesting the resistance range between 15 and 15.40. If the stock manages to break above these levels, it could potentially move towards the Fibonacci retracement 0.786 level. However, if the stock encounters heavy resistance and fails to break above 15, it may create a bearish divergence on RSI. Therefore, should be cautious and closely monitor the stock's price action and RSI movement.
Stop-Loss: 13.50
Disclaimer: This chart and analysis are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. Do your own due diligence before trading or investing in this stock.
SUN | AnalysisAnalysis: The stock is currently testing both the Fibonacci retracement 0.618 and 0.65 levels, while creating a bearish divergence on RSI. A bullish signal for the stock would be a breakout above the 46.50 levels. However, if the stock breaks below its previous higher low of 43, it may retest the 30-day moving average for support.
Stop-Loss: 42.80
Disclaimer: This chart and analysis are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. Do your own due diligence before trading or investing in this stock.
PACK | AnalysisAnalysis: The stock has formed a symmetrical pattern with a hidden bullish divergence on RSI. A bullish signal for the stock would be a breakout above both the symmetrical triangle pattern. Such a breakout could potentially indicate further upward momentum for the stock towards 18 levels.
Stop-Loss: 15.50
Disclaimer: This chart and analysis are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. Do your own due diligence before trading or investing in this stock.
AAIC | AnalysisAnalysis: The stock has formed a ascending triangle pattern. A bullish signal for the stock would be a breakout above the symmetrical triangle pattern and 30-day moving average.
Stop-Loss: 88.50
Disclaimer: This chart and analysis are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. Do your own due diligence before trading or investing in this stock.