marketmoneymohmaya

marketmoneymohmaya Updated 

It's a probable low cheat entry. So consider taking pilot position. Stock was in a consolidation after a down trend and formed a base its a base of almost 12-13 months. Down week volumes were more then up ones. And now its the opposite. Volumes were contracted and dried up. From may23 we can see some volume spurts. Next test levels shall be175-180 if current...

marketmoneymohmaya

Coming out of base and sustaining above the down trend marks the end of the down trend. Volumes have been coming in also indicate smart money footprint. It is trading above all ot key moving averages. 276-320 levels are the immediate resistance/supply zone which can be tested. 184 level shall now act as a support now and weekly close and follow through would...

marketmoneymohmaya Updated 

Another low cheat entry. It's yet not a confirmation as there is the resistance nearby. Wait for the confirmation of a decent close above this weeks high. Its coming out of a base almost a year. If price sustained these levels next levels to test is 59 and 75 the main resistance is 89 and the supply zone lies 113. Disclaimer: This is just an analysis and not a...

marketmoneymohmaya Updated 

Stock broke out of it long range consolidation of almost 3 years. It looks strong on a monthly timeframe too with volume support. Stock is seen sustaining above the 306 levels. Though a retest is pending of the earlier resistance (248-278) which shall act as a support now. As per the trend based fib further levels that can be tested are 400-465. (Uncharted...

marketmoneymohmaya

As weekly chart have not much data. Let's dive into the daily timeframe and see the priceaction. The price had a nice contraction in volumes and tight consolidation just below the resistance and it brokeout with nice volumes and now we have to either wait for a pullback to the resistance which shall now act as a support. Disclaimer: This is just an analysis and...

marketmoneymohmaya

After breaking out of the rounding base in july-aug 2022 the stock consolidated and form a small base since then. This week it gave a breakout of this base too. Volume support is decent enough. Stock also trading above its key moving averages. Wait for minor confirmations and its good to go. Disclaimer: This is just an analysis. It should not be considered as a...

marketmoneymohmaya

Coming out of base. Now should sustain these levels. Volumes are decent. Disclaimer: This is just an analysis and not a buy/sell recommendation. If you intend to trade the counter then do your own due diligence and trade at your own risk.