Analysis is shown on the chart
Levels marked on chart
Idea is shown on chart itself
Forming similar pattern like Apr-Jun On price action However, if you observe rsi In Apr-Jun momentum was rising This time, its falling So, wait for confirmation either on price or bullish divergence for making any buy position
Buy above 4480 With Sl below 20 dma closing basis, initial Sl 4130 Target 5850 as per pattern
Radico has given a IHNS breakout in last session with good vol Breakout came on right shoulder with flag BO Above 200 dma Buying can be made when breaks 605 Sl 545 Target 675 and more
Idea & levels are given in chart
Berger Paints 1 hr chart Inverted HNS Crossed 200 ma which was acting resistance several times Buy wsl candle closing below 200 ma or 725 Daily chart Double bottom Tested demand zone 19 Mar 21 Breakout from a resistance
All levels are marked on chart
All levels are marked on chart considering all possibilities
Let's see step by step analysis First price action : Area arnd 58.75- 58.8 is a support where stock was able to form a base and today formed a good bullish candle with a vol spike Fibonacci Cluster : There are two Fibonacci retracements plotted. (1) By taking 53.55 as swing low & (2) By taking 42.1 as swing low. So 50% retracement of (1) is exactly coinciding...