CHOTWith the stock moving above the descending trendline and breaking out of the horizontal price channel at Rs. 17.70 with above-average volumes, there is a high possibility of gaining momentum towards the Fibonacci retracement level of 0.5 at Rs. 19.50 levels.
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.
CTC | Stage 1 BaseThe stock has formed a stage 1 base after a long stage 4 downtrend. If the stock manages to break above the ascending triangle pattern at the 674 level, it may move towards the 781 levels to potentially retest the long-term descending trendline.
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.
LwLOne of sleeping giant, prepping for a big move. Dont forget the breakout and retest and bullish divergence
Lets Cap the SCAPSCAP shows strength in both in MACD as well as RSI in 1hourly format (taken due to short term fluctuations)
trendline resistance also has been broken.. 12.7-12.5 will be the next resistance zone for Bulls to be cautious of
CIND - WaterworksCIND has been rejected from the redzone as expected and might come down slightly more before bouncing back..
76-78 is a good zone for buyers to be interested on ! RSI shows bit more of a retest.!
PLRPLR was trying to breakout multiple times and time it had been nicely broken out with volumes.
RSI shows broken out as well.. Fib resistance are mentioned in charts.
however 9.0-9.3 looks like the hardest resistances to get through. Plan your exists properly ~
BFL | At the Edge of ResistanceBased on the formation of a bullish divergence on the Relative Strength Index (RSI) and the price moving along the edge of the descending trendline, the stock may be indicating a reversal to the upside.
To manage risk, it is best to wait for a breakout above the previous lower high level of Rs. 145 before taking a long position and if deciding to enter at these levels the stop-loss should go below Rs. 136 since failure to stay above these levels indicating a bearish continuation.
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.
SHOT | Filling the GapThe stock has broken out of the ascending triangle pattern at the 8.90 level to fill the exhaustion gap made on 12/12/2022. With the high volumes being traded, it is possible that it may fill the gap entirely up to the 10.40 levels.
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.
SHOT.X0000 - 02.03.2023RSI crossed above 70 points. Let's see the value when the RSI crosses below 70 points.
BFLlooks like counter is on a good consolidation with bullish divergence in situ, previously low volume breakout happened is now on retest.
daily close above 145 might turn the trend towards positive side.
DIPDbroke out and currently on a retest. Slow accumulation with a stop around 26 will be ideal for traders !
LOL SeeCounter everyone laughing up on and beaten down is now trying to find support around 380-400 zone. Prices are below moving average ribbon, being consolidated within a symmetrical triangle. If the given trendline resistance broken, counter might complete an inverse HNS pattern, and likely to break up!
EDENEDEN breakout took place convincingly with over average volume spike. Next it is expected to break the fib 0.236 and fib 0.382
CINDCIND is now retracing. Neet to watch the trendline at the momentum indicator as well to confirm the next move.
SCAP | Unworthy RiskBy breaking the previous higher low to the downside, the stock has the potential to fill the long wick and reach the 9.30 level. If those levels are also broken, it may try to find support around the he 200-day moving average.
Without the creation of a higher high, the stock may carry risk for traders who are uncertain where to set their stop-loss.
LOLCA close above Ascending triangle at 410 will indicate a bullish continuation in the short-term while taking the price towards the resistance level of the Symmetrical triangle pattern. A close below the Ascending Trendline may indicate a bearish reversal.
Disclaimer: Please conduct your own research before making any investment decisions and note that this is not investment advice.
AAICBy breaking the previous lower low to the downside, the stock could fill the long wick and reach the 85.5 level. If those levels are also broken, it may try to find support around the Fibonacci 1.618 level and the 200-day moving average of 69.5 levels while potentially creating a Head and Shoulders pattern.
Without the creation of a higher high, the stock may carry risk for traders who are uncertain where to set their stop-loss.
HAYC | Retesting triangle for supportThe stock has broken out of the ascending triangle pattern with a good amount of volume and is now attempting to break above the 200-Day moving average while testing the triangle pattern for support at 60 levels. If the stock manages to hold these levels without returning inside the triangle pattern, it should move towards the 68.50 levels at the Fibonacci retracement of 0.618.
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.
JKH | Horrifyingly BearishThe stock broke below the long-term support range on February 20th and subsequently retested the previous support level on Feb 24th. However, it encountered heavy resistance and continued to show a bearish trend, forming a head and shoulders pattern. If the stock fails to hold at 135 levels, it may seek support at the 200-day moving average or even at the Fibonacci retracement level of 1.618 around the 128 range
CSEAEL - Access Engineering PLCThe share has been consolidation for some time around 10-12 range. Now the share has broke out and trading near 14. There is a possibility in the ST to test 15+
LLUB | Massive Drop!Due to sellers liquidating above average volumes, the stock has created an exhaustion gap while breaking below the rising wedge pattern. Currently, it is near the long-term ascending trendline. With bearish divergence on RSI , it is best to observe if buyers will be able to overpower the sellers to hold price above trendline support and 200-Day moving average.
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.
