NSE:BIRLACORPN - Looks Good!

BIRLACORPN - Looks Good! by hardeepssethi on TradingView.com

Script: BIRLACORPN Time Frame: Daily Chart Type Of Pattern Identified: Symmetrical Continuation Triangle pattern A Symmetrical Continuation Triangle pattern, is typically seen as a bullish continuation pattern. This pattern usually indicates a temporary consolidation before the price continues in the direction of the prior uptrend. Traders often look for a breakout to confirm this pattern, usually with increased volume supporting the breakout. This breakout suggests a potential continuation of the uptrend. Remember to consider other factors and confirm with additional analysis before making any trading decisions. PLEASE NOTE THAT: This chart analysis is only for reference purpose. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade

Zentec Looks Good!

ZENTEC - Continuation Wedge (Bullish) Pattern by hardeepssethi on TradingView.com

A "Continuation Wedge (Bullish)" chart pattern formed on Zen Technologies Ltd ( ZENTEC ). This bullish signal indicates that the stock price may rise from the close of 742.15 to the range of 842.00 - 920.00. Supportive Points: -After a temporary interruption, the prior uptrend is set to continue. -Also there was a gap on 7th Aug 2023 which was filled on 26th October 2023. -Pattern formation took roughly 71 days, so target will be sooner or later than 71 days. -FII has Increased Qty - You can refer third party tool to verify the same. Quarterly Results : M.Cap ₹ 6,237 Cr PE 71.0 Item YOY Sep 2023 Jun 2023 Sep 2022 Sales ⇡ 203% 64.0 132 21.1 EBIDT ⇡ 304% 21.8 66.2 5.39 Net profit⇡ 279% 17.3 47.1 4.58 EPS ⇡ 255% ₹ 2.06 ₹ 5.61 ₹ 0.58 PLEASE NOTE THAT: This chart analysis is only for reference purpose. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.

Dollar Industries Intermediate Term looks bullish!

Dollar Industries Intermediate Term looks bullish! by hardeepssethi on TradingView.com

Based on the price movement, there was a period of consolidation where the price was trading within a range. However, the recent price action indicates a significant break above this consolidation phase, which suggests a continuation of the previous upward trend. 

Initially, the pattern started during a downtrend as prices formed higher highs and lower lows within a broadening pattern. Subsequently, the trading range gradually narrowed after reaching the peak highs and the lows began to trend upward. The recent breakout above the upper boundary of this narrowing diamond pattern indicates the resumption of the previous uptrend. 

Note for everyone who came across this reference: 

• This chart analysis is only for reference purpose.  
  
• This is not buying or selling recommendations.  
  
• I am not SEBI registered.  
  
• Please consult your financial advisor before taking any trade.