📉 Remarkable Price Decline 📊 From Rs. 48 to Rs. 15, a significant downturn. Now finding support at pre-COVID levels. Notable signs: ✅ Formation of a Rounding Bottom. ✅ Successful breakout from one resistance range. Potential ahead: 🚀 A top resistance range breakout could signal an upward move toward Rs. 46. Stay tuned and Follow us for further updates and insights.
After making low of 350, stock has shown some strength. It can also be bull trap. But i would love to be optimistic. Watch care fully.
Forming Reverse Cup an handle on weekly chart. Watch for channel breakout. IF in tomorrow closing close above channel then this view is not valid.
Stock Has shown breakout from negative trending channel of last one year. Time to fly high. Except few resistance, no barriers on upside.
Forming Negative Divergence on short term chart. Forming Triple Top. Key Support Range mark by dark black. If broken, Expecting price to test the levels of Rs. 50. If not Broken, view is invalid. Key is the Support Range. Keep Watching it.
Negative Divergence spotted on Weekly Chart Expecting the moment from current point to A . Not expecting major fall at this moment. Major fall will happen only if its still shows negative divergence at point B. Once it goes in resistance range, Re-evaluate for Negative divergence.
📈 Heromotocorp Weekly Analysis 🏍️ July's breakout from the 2-year resistance channel ✨ August saw a retest of the breakout zone. 🔄 Now gearing up for a potential rally, eyeing the 3984 target. 🚀 🚨 Key Levels Alert 🚨 🔴 Red Zone: Multi-year resistance range to conquer. 🟡 Yellow Zone: Akin to the green support area; aiming to surpass it. 🎯 Once both are...
Negative Divergence spotted on Weekly Chart in last week. Watch out for Short term Reversal from this point. Levels to Watch for Level 1 - 3130 Level 2 - 2900 Level 3 - 2790
Have a look at Self explanatory chart with my comments. Showing positive divergence. Can be good chance to do bottom fishing. If price remains below 218.05 well and good. Make or break level 203 to 205. Strict stoploss should be in place.
Stock is close to the support Range Previously taken support from here and gave upside. If broken can see sharp selling in upcoming weeks. If not Positive trend Continues. View is Cautiously bullish with strict stop loss below support range
The stock had given the break out from Cup and handle formation. However immediately there are some hurdles. Needs to break through it. Failing to do so will force for consolidation. Green range extremely important if corrections happens due to any reason.
Stock is at crucial resistance. break above the red resistance channel will open the doors for 2500. Failing to do so will force the correction to the levels of 1380 to 1450.
Stock is trading very close to resistance channel. Important to observe for Monday. If broken above We Can See Some good Upside. If broken above be ready for 1700+ in coming days. Imp is RSI have shown no divergence. So strength is maintain.
Tatva Chintan Pharma Stock Analysis Noteworthy development: The stock exhibits a Positive Divergence, signaling potential positive momentum. Strategically poised near the critical support level of 1600, offering an opportunity for astute traders. Emphasize a diligent approach with a well-defined stop loss.
Stock Is nearing to the long term resistance. Should reverse from there and form H&S pattern with Resistance Range. If it reverse, two Levels to watch out For 290 and 230. If it does not reverse from the resistance range and breakout given, Wait for correction to enter. Time Period is strictly Long Term Investor 2-4 years minimum to get returns of H&S pattern.
Watch Out for Stock levels near 430. if reverse from those level, will be good sign for stock price. My Estimation is that its in the process of forming H&S pattern. If broken above resistance range, can be good bet for 1 ka 2.
Stock is taking resistance from the negative channel. might go down till 33. Check for black trendline and green positive channel. Best part fundamentals are good.
Two-Week Chart Analysis: The stock has exhibited a remarkable upward trajectory since the covid fall of 2020, demonstrating substantial gains. It is now nearing the resistance channel observed in 2018, a significant technical juncture. In order to sustain and potentially extend this upward momentum, the stock must breach the critical 6300 level. Failure to do so...