Mahindra Lifespace Developers Ltd has seen a 56% correction from its All-Time High, yet it hasn’t delivered any meaningful returns compared to its peak in 2007. Stock is currently at a Law of Polarity support. 300 to 280 looks like our adding range.
A head-and-shoulder pattern has been forming and playing out since 2018. The larger the pattern, the bigger the potential target. A successful retest of the neckline further strengthens the pattern, and the weekly RSI is showing positive convergence with the price action. This indicates strong potential for good returns in the stock in the near future.
After a significant 55% correction from its All-Time High (ATH), Birlasoft stock is trading near a key support level. While the current price of ₹395 looks attractive, a better entry opportunity could arise in the ₹370 to ₹330 range if the stock sees further correction.
On Linear scale chart, ETHUSD is around the support zone working since 2020. there is another parallel channel working.
On Linear chart one support zone is working after 64% correction, The good Support level based on the log and linear scale chart is 277 to 245. If it breaks 250 there will be more downside till 160-145levels. There are other things also working on Log Chart as well.
After 47% correction, Intellect Design Arena Ltd trading in a parallel channel and there is a EMA support. The current price of 670 seems good, but the range of 600 to 550 looks great for adding, stock can achieve new heights in a 1 to 1.5-year duration.
Bajaj Consumer is showing long-term support, potentially forming a symmetrical triangle. The current levels appear to be a strong support zone, but the stock could further correct to the ₹150–₹140 range, based on unadjusted and linear scale charts.
ICICI Pru Life has dropped over 30% from its recent high of 796 and is now trading near a strong support level. It’s moving within a parallel channel that has been in play since 2019. This channel can help identify potential mid-term and long-term targets for the stock.
On the Nifty's daily log-scale chart, we’ve identified two overlapping support levels. The first has been holding strong since 2022, while the second marks a key demand zone. Hopefully, these supports will help slow down or contain the bears.
BPCL has dropped about 36% from its all-time high and is now trading near a support zone, which used to be a resistance since 2017. This area could act as a strong base, and we might see a rebound, potentially kicking off BPCL’s upward move.
Delta Corp Ltd has corrected nearly 75% from its last high in 2022. Without relying on RSI or other indicators, it's evident that the stock is trading near its long-term support on both monthly log and linear scale charts. The current price level looks attractive, but the ₹80–₹70 range appears even more promising for long-term investment.
AMBER Stock Update !! Stock is at Law of Polarity and support is around 5000-5200 Stock is ready to touch 10000 levels in weeks to come Thank You !
This is daily chart of Tata Motors Tata motors currently forming Broadening pattern Stock has strong long term support around 650-680 levels Stock may bottom out soon and we can see 775-800 levels in days to come if stock breaks the resistance of the pattern then we may see 950 plus levels in months to come Thank You !!
This is weekly chart of BIKAJI Stock has good support around 570 levels If stock support is intact then we may see bounce Thank You !!
HAL is down almost 36% from highs !! Currently at good support area CMP 3700-3730 We may touch 4800-5000 levels in days to come ! Thank You !!
Ashok Leyland is consolidating from last 9 months Stock is taking support around 190-210 zone We may see good bounce from hereon and will see all time highs in days to come Thank You !!
ONGC has fallen 30% from highs And going down in falling down Stock has given breakout of the channel and now currently around breakout area Stock has huge potential to go up till 400 In a shorter term we can see 320 in days to come Thank You !!
Jio Finance is down 32% from highs !! Currently stock is around the support area Stock is all set to bounce back as weekly candle is Doji Stock may double from here Keep it in radar Thank You !!