Let’s see the chart of Hindustan Aeronautics (HAL). In chart, we can see that its all time support zone is somewhere 2400 – 2420. On 19th Jan, it took support on it and formed a green candle. The very next day, it formed a good green candle and gave a break-out with a solid green […]
HAL – Looking strong Read More »
Max Financials Services Ltd. (MFSL) started falling since July last year after hitting ATH of 1148 and it kept falling till Dec 22. Now this year it started going up and gave a break-out which is clearly visible in chart. Now, what to do? Can we enter long in this? I would say wait and
MFSL Breakout – Wait for entry… Read More »
Today let’s analyse JK Lakshmi Cement. This stock is currently trading at 738.20. First look at the weekly chart. As we can see in weekly chart, it formed a nice price action. After breaking the resistance of 527, it took support (or may call – it retested) and then started to move up. After hitting
JK Lakshmi Cement – Looking bullish? Read More »
Let’s do technical analysis of BPCL stock. In its weekly chart, we can see that its all time support zone is somewhere between 300 – 322. It hit that support, immediately bounced from there, took support on it and now planning to goo up. The next visible target for short term of 3-6 months is
BPCL – Bounced from support Read More »
From past one year approximately, Dow is trading in a triangular pattern which has been decreasing continuously and now the range is quite narrow. From past two days, dow is falling whereas Nifty is moving upside. Either one will have to match the other one – sooner or later. When – market can only tell.
Dow Jones – Squeezing triangle Read More »
Let’s look the Adani Green chart. In weekly chart you can clearly see that it was trading in a triangle from long and now it has given the break-out. This break-out also has good volume. So when to enter in it? Let’s see the daily chart. In daily chart, we can see that it has
Adani Green – Getting ready for entry Read More »
Time to analyse Reliance Industries. First let’s look the weekly chart. As we can see in weekly chart, its moving in a parallel channel from long time. Also we can see that it has a resistance zone above 2752. Right now its taking support at the lower line of channel. If support works, it will
Reliance Ind – Will it take support? Read More »
Let’s look at the Adnai Ent. chart. For this stock, it looks like 4000 to 4200 is a strong resistance zone. It started falling from that zone from 21st of Dec 2022. After taking some minor support near 3625 it tried to goo up but its falling again. As soon as it breaks this support,
Adani Ent. – Looking bearish for now Read More »
