NSE:CCHHL has been trading in a tight consolidation and also taking support at the trendline. Volume Zone Oscillator is showing increase of volume momentum. It is also in a ttm squeeze which indicates that a big move is due. If it breaks above 7.35 price resistance. It will activate two potential harmonic PRZ patterns. 1) Gartley - PRZ level at 7.55 2) Crab -...
NSE:SRTRANSFIN fired a squeeze 3 days ago and has been showing bullish price action since then with good volume. It is forming two potential harmonic PRZ patterns and has already crossed level B price. 1) Butterfly - PRZ level is at 1539.5. Price could reverse from there. If it retraces a little and shows strong bullish reversal then it would continue up for next...
NSE:LEMONTREE did a strong run up breaking the previous resistance level of 47.15. It faced a resistance at 57.55 and retraced 38.20%. Retracement move was losing volume and it started going up from past 3 days. Volume has started picking up. If it keeps up the momentum and breaks above 57.55 level, next resistance is at 63.75. It is also forming a Bat harmonic...
NSE:IIFLWAM tried to breakout above 1712 but faced strong resistance and resulted in a false break. Yesterday it gave confirmation of trend reversal. 1712 is a key resistance level to watch. It has tested it two times while making higher lows (see trend line). It is also in a ttm squeeze with increasing momentum which indicates that it could give big move soon....
NSE:BHARTIARTL is forming Bat harmonic pattern with PRZ level at 743.10. Volume is also significantly higher compared to past 9 days. Price crossed point B level today so the pattern got activated. It it sustains this level, One can play uptrend till PRZ level is hit or One can wait till PRZ is hit and play reversal.
NSE:HDFCBANK was in a bullish ttm squeeze until 9/26. It fired the squeeze yesterday. We could see up move continuation. It's currently standing at the major resistance level. If it breaks it, it will create ATH.We could see inverse Head and shoulders pattern which is a bullish sign. It is also forming Harmonic crab pattern with a PRZ level is at 1818. Volume is...
NSE:RELIANCE did a breakout recently and made all time high. Looking at hourly timeframe it looks like it's consolidating and forming a bullish flag pattern. Volume is also contracting while the price is consolidating. There's a gap to be filled from 2395 to 2412. It had a chance to fill it on 8th september but the price reversed from 2406. It would be...
NSE:IIFLWAM is in a ttm squeeze with increasing momentum which indicates that a big move up can happen anytime soon. I am bullish because of the following reasons: 1) It's at all time high and currently standing at the major resistance level which it tested recently. 2) Current candle is very bullish and has a good volume compared to previous candle. 3) The...
NASDAQ:AMZN has stayed in the channel for a while then broke out of channel recently towards down but got a strong support at 3180 level. It came back stronger and entered back into the channel. Now it's trying to get a support at the lower bound of the channel (3450) as well as horizontal support level at 3440. If it breaks 3530 level, we can see 3700. If it can...
NSE:SUNPHARMA is in a ttm squeeze with increasing momentum which indicates that it could give big move up anytime soon. Besides that, below are the additional confirmations that makes it bullish for short term. 1) All the EMAs are stacked up 2) It bounced off of 21 EMA and now it's consolidating at the resistance level which it created a month ago.
NSE:PFIZER is in a ttm squeeze with increasing momentum which indicates it could give a big move anytime soon. All the EMAs are stacked up and volume has been increasing from past 3 days. So it's looking pretty bullish right now. It's getting some selling pressure at resistance but we need to see sept 6th candle to get confirmation on whether it's going to...
NSE:BALRAMCHIN is in a tight Consolidation near resistance. It is also in a ttm squeeze with increasing momentum which indicates that it could give big move up anytime soon. If it breaks out then we could see it go 400-420.
TATACONSUM is in a narrow ttm squeeze and has a increasing momentum. It indicates that we could see a big move sometime soon. There could be two possible plays. A) it will breakout from the current level B) it will respect the resistance level and price will get rejected from here and will go back to 750 level support. If it gets rejected from the support level,...
NSE:BHEL has shown reversal sign with dragonfly doji candle at 56 level. It is also a support level which was a previous resistance. RSI(14) just entered oversold zone. If price stays above 56.90 level, it could go to 67.
NSE:MARICO is respecting the trendline and forming a bullish ascending triangle. If it were to complete the triangle, it would reverse from resistance or continue to consolidate while respecting the trendline/triangle boundary and breakout as it nears the end of triangle. It is also in a narrow ttm squeeze (cyan dots on SQZPRO indicator) with increasing momentum....
NASDAQ:AMZN It's being held at the channel support. If it breaks this support, it could go back to 2900.
Broke the downtrend here and consistently tried to stay above it. It has a major support at 620$. It tested that support 2 times and the third time when it tried going down to 630, it got a strong buying at that level and kept it above the downtrend line. It tested 670$ resistance level multiple times and now it's headed towards that. If it breaks, we might see 750 to 778.
TATAPOWER is in a narrow ttm squeeze and has increasing momentum, which indicates that a big move is due sometime soon. It is also forming a bullish ascending triangle near the top.