Hoping to get closing above 273 in coming few days. If it does. It will be coming out of long time resistance channel. Fireworks will start if it gives closing above 273. If it fails, we might see further fall to the levels close to 200 to 220. Keep at the top of watch list.
Start accumulating . Keep track of RSI on Weekly chart. Positive signs for stock.
Stock has given break out on weekly chart. Check out grey support range. If fall below, wait till it reach green support range. Forming Rounding bottom chart pattern with grey support range. 3700 should be tested.
Trading near the trend line resistance. Need to see if it can break above. If broken we can see levels of 42 to 46. If not, will continue to take support of green trend line.
Stock has shown significant move. Made low 190 currently at 307 near resistance for last one year. Immediate support is at the 270. if broken above the 307 , it shall test next resistance range of 365 to 376. Forming head and shoulders chart pattern with 307 resistance range.
Stock is forming H&S on weekly chart. Look for target above 400. Those who bought at the green support levels , will get double return. New Entries at this point will yield only 20 to 40%. Don't expect more than that.
Big Players are doing bottom fishing. By the time retail investor will know about this stock. Big players would have made almost double. Can be a good risk control trade with strict stop loss near green support range. Anything below this will bring further selling.
Stock has fallen almost to 1/3rd of its high and shown some strength. However need some support from financials and management commentary to gain some momentum and strength.
If stock shows breakout above resistance channel. It shall give minimum 200 on upside. Time horizon 1 year.
Stock is in very tricky situation. Near Resistance channel. Also forming symmetrical triangle , can move any direction. Need to watch carefully for next two week. till then sit quite and watch big players move it one direction.
Forming rounding bottom and needs breakout above the resistance channel. Fail to do so will bring Prices down sharply. This can also be a bull trap. Trade with strict stop loss.
Buying range 1400 to 1500 Stop loss below 1350. Target- 2000 to 2100 Time Period 6 Months to 1 Year.
Weekly chart analysis- breakout of long term negative trends and forming good cup and handle ....watch out for 4 figure target by the end of the year.
Daily chart analysis, Stock is stuck in some resistance and supports. Needs to cross those dark red trendines, once does. its all fireworks
Daily Chart Analysis - stock is trading in channel for last one year , should follow the channel. for up move it needs to cross 1730-45 level. watch out for channel breakout on downside. if breaks channel , we will need to revisit charts to see further moves.
Weekly chart analysis. Stock has been trading in channel for almost last one year. Needs to give break out on upper side for long term growth. Trading is easy --buy at lower points and sell at higher points. Trade duration should be in between 7-8 weekly candles.
Weekly chart analysis, needs to come out of channel. Bottom and tops are good point for entry and exit respectively.
trapped in support and resistance level, need to watch for levels carefully. direction should most probably on upside provided it cross those levels step by step. Sudden rise will bring sudden fall as well.