sagarexpedition

sagarexpedition

📊 Chart Overview: Current Price: ₹1,530.20 Resistance Zone (rejected recently): ₹1,738.60 Support Zones: Immediate: ₹1,542.35 (now broken intraday) Stronger: ₹1,196.90 Recent Candle: Strong bearish candle (-3.85%) after touching the resistance 🔍 Technical Analysis: Failed Breakout: Price touched ₹1,738 and sharply sold off — bearish rejection at...

sagarexpedition

📊 Chart Overview: Current Market Price (CMP): ₹2,996.60 Previous Resistance Level: Around ₹2,878.35 (now potentially acting as support) Recent Price Action: Strong bullish breakout above previous resistance. Followed by a red candle (possible profit booking or retest of breakout zone). 🔍 Technical Insights: Breakout Confirmation Zone: The price has broken...

sagarexpedition

Key Observations: Current Price Action: The stock closed at ₹121.50 with a strong bullish candle, gaining +2.55% today. It broke above a horizontal resistance zone around ₹114.66, now turned support. The breakout candle is accompanied by increased volume, indicating strength and participation. Resistance Zone: The next immediate resistance is around ₹125.63,...

sagarexpedition

Observations: Rising Wedge Pattern: The stock is trading within a rising wedge, a bearish pattern indicating a potential reversal or breakdown. Currently, price is at the lower trendline of the wedge — a crucial support zone. Bearish Candlestick: A strong red candle has formed, suggesting selling pressure. It’s testing the wedge’s lower support and very close...