Graphite India weekly breakout. Trendline break and price move up.
Max Financial is now ready for breakout. Stock is now showing in retest area and moving upside for 1000+
HCLTECH on day candle is nearing breakout showing bullishness on ascending triangle. Once the triangle breakout, for target 1210 and then 1350. Positional hold.
Bharat forge is showing strong upside with W pattern. Can reach first target 900.
Devon energy on technical chart is gearing up for bullish momentum. On weekly chart 1. It has crossed 20 and 200 EMA 2. Falling trendline broken and closed above it. 3. Once current resistance zone crosses above $55, it will continue for good upside. 4. Consolidation of price from Mar till June in range and now ready to breakout.
Kotak on 30 min TF now in ascending triangle and ready to breakout upside. Once this breakout done it will reach 1980 and then 2020.
Dow and S&P both are due for small correction. Dow retracement pending after breakout and at resistance. Similar S&P500 too at resistance and due for retracement. Fed decision tomorrow could be trigger (?)
Rossari Biotech showing weekly breakout. Entry level is from retracement level to current level. Target 1 first resistance. Once that completes then till previous all time high.
Infy is now on bullish momentum with reversal signs. As per Fibo series price is closed above 0.33 and now the first target at 0.618 i.e. at 1450. Positional hold.
HDFC.. A jewel in Indian stock market completed its journey... The Legend.. Time to say Good bye and see in new Avataar !!
HDFC on day candle. When RSI SMA value falls to value 40, it is observed multiple times as it turns again upside breaking immediate previous high. Expecting upside on HDFC.
TechM is at breakout level. On day candle it is above 200 EMAs and 1160 level where multiple earlier attempts were made. Once above this, it will be Bullish. Good to buy and hold once crosses this current level and hold.
HDFCBANK started showing bullish momentum and it is ascending triangle zone.. Once reaches ATH (All Time High), will consolidate and breakout on upside.
Verizon on weekly candle in nearing trend break on uppside. Entry strictly only above trend line closing. Also it is forming W pattern with double bottom formation around 35.
Dow on weekly and daily candle is trapped in ascending traingle format. It will now consolidate in this traingle and then it will breakout upside.
Tata Steel on Day and weekly candles, showing consolidation in triangular pattern. It is reaching its consolidation and breakout possible upside. Also the price is above 50 and 200 EMA. Target reaching its previous all time high.
Intel Corporation after heavy consolidation on chart, showing signs for downward trend break and upside. Long consolidation will help this stock to break on upside with good volume.
QCOM on weekly candle nearing breakout. Right now it is reached resistance zone which was earlier support. Support take around 100 and bounced back. Once this resistance breaks it will shoot towards North. Keep watch on it. AI will give boost to chip market.