thepranam

thepranam Updated 

MACD and Price Action have formed Convergence Divergence in the last year. A new MACD Cross is in play currently and even Price is at a good entry zone. Price has started showing upward movement after the previous Convergence Divergence. Once the MACD cross is successful, expect the stock to go to the next leg upward.

thepranam Updated 

Price Action forming Higher High and Higher Low Pattern. MACD Cross also forming Higher High and Higher Low Pattern. Looks good for the next leg up. Expect at least 10-15% up from here.

thepranam

Price Action and MACD have shown Convergence Divergence. Also a new Higher High and Higher Low Pattern seems to be in play currently. Another new MACD Crossover as well is happening now. Could this cross take the Stock to a Swing High again? While Weekly charts look good, even the MACD Cross on Monthly charts look promising as well. Let's keep an eye on this.

thepranam

Stock is currently trading near its Multi Year Support/Resistance zone of 836. While 836 has been a strong Resistance/Rejection point twine in 2018 and 2021, this has turned out to be a good Support point currently since Sep 2023 during multiple revisits. MACD Cross is also under play at this time. If all goes well, the stock could start seeing some new highs in...

thepranam

A typical Convergence Divergence is in play here. Stock is also in a Long term Lower Low Pattern formation. Could this Convergence Divergence indicate a breakout from the Lower Low Trendline? Or is the price going to go down further? Give your comments in the Comments Section below:

thepranam

Notice how the stock exactly revisited the most recent Swing High exactly after the Convergence Divergence. MACD Cross after the Convergence Divergence gave a good entry as it happened at a Higher High Higher Low Pattern indicating a good move upward. Eventually gave a 38% up move. Another MACD Cross is under play currently. Can it break the Resistance zone of...

thepranam Updated 

Price Action making Lower Low. MACD Cross making Higher Low. Good chances of momentum picking up from here.

thepranam Updated 

Looking good for next leg up Successful retest of swing low Looks good till 550 and above

thepranam Updated 

MACD Cross is in play. If it succeeds, stock can go to its next leg up with good volume. Keep an eye on stock for the coming weeks.

thepranam Updated 

Price has retested successfully at long time gap zone and has bounced multiple times at same point. Stock is also making a parabolic formation since start of 2024. Also near 52W High. Also the following could take the stock to new highs in the coming weeks. Q4 CONS NET PROFIT 243M RUPEES VS 109M (YOY) EBITDA 1.35B RUPEES VS 1.13B (YOY)

thepranam Updated 

Weekly closing above 119 is a good sign for upward momentum. Stock is also following trendline. Support @ 119 is holding good for this week. Expect stock to go up to next S/R zone at least. MACD looking good for a good move upward too.

thepranam Updated 

Price Action forming Higher Low Pattern. MACD Cross also forming Higher Low Pattern. Stock seems to be following Trendline. Currently also @ crucial Supply/Demand zone. Weekly closing above 500 levels with good volume can take the Price to new Higher High Levels. NOTE: Only negative for now is CTO and Chief HR has resigned very recently.

thepranam Updated 

Higher High and Higher Low Formation. Fundamentals looks good with recent expansion into region. Coming weeks target 400. RUSHIL DECOR: CO STRENGTHENS GLOBAL FOOTPRINT WITH EXPANSION INTO SOUTH AMERICAN MARKET CO’S STRATEGIC EXPANSION IS PART OF ITS BROADER VISION TO ACHIEVE ANNUAL REVENUES OF RUPEES 2500 CRORES BY 2029 CO MCAP: 800CR RUPEES

thepranam Updated 

2807 Support level seems to be playing well since 3 years now. MACD also making cross exactly at current support zone. Stock currently looks good at this point. Weekly closes above 2807 level should look for a move upward.

thepranam

Stock has been under consolidation since 6 months. MACD Cross seems to be in play. But has tried crossing since 3 months now. Lets wait for the MACD Cross to happen successfully and the consolidation could complete around same time. Stock has been having multiple good Earnings. This should definitely take it to new highs. Keep a close eye.

thepranam

MACD is going to cross pretty soon in the coming days. Once Cross is done, should open new entry levels for next leg up. Good chance the stock can easily retouch its Swing High. Try to take entries only after MACD Cross completes successfully. Stock's fundamentals looks promising too.

thepranam

MACD Cross is in play. Volume has increased a lot this week. 1Y Beta is @ 1.78, which is very good for this stock. This week could be your Entry week if stock retest levels mentioned on chart. Good change it might too. Overall looks good till Swing High.

thepranam

Stock has completed its Lower Lows Pattern last Jan 2023. New Higher High and Higher Low Pattern has been in formation ever since the last Swing Low. MACD Cross has also been happen with a Higher High Pattern. Lets hope the recent MACD Cross takes this stock to its next leg up. Stock is also slowly gaining some decent volume. Note: Patience is Key here as the...