zenni_10

zenni_10

A head and shoulders pattern is visible on the charts The breakout is supported with high volume, and after the breakout resistance has turned into support Thus, for a short term trade, tgt 450 , sl 393

zenni_10 Updated 

The area around 575 is a strong support on daily and weekly chart (long term support), In the last four months, the stock has bounced off from around this level with a rise in volume, every time higher than the previous, A triangular pattern is also visible , having formed during this period, and now a small rectangular pattern is also visible, A breakout through...

zenni_10

The level of 842 has been a strong resistance, The stock has been consolidating since the last six months, In the last 2 and a half months, higher lows are also visible, thereby forming a triangular like pattern, Currently there is a breakout with high volume The next immediate resistance is 1009 For a short term trade, tgt 991.55, sl 886.3

zenni_10 Updated 

The stock has formed a cup and handle pattern on daily chart, The level around 36 is a strong support, and has been tested multiple times, The breakout is accompanied with high 5x volume, surge in atr, and macd crossover, Thus, for a short term trade, tgt 53.5, sl 45.5

zenni_10 Updated 

After making a low of 122, the stock made higher lows while testing a common resistance of 206, thereby making a triangular like pattern, This reversal was backed by a gradual increase in volume, Currently there is a breakout through the triangular pattern, with an even surge in volume, Thus, for a short term trade, tgt 242, sl 206

zenni_10 Updated 

The level of 557 is the long term support, and the stock has taken support from this level and made a symmetric triangular pattern from there, The bounce back from that support is also combined with higher volumes thus indicating bullish strength, Currently, there is a further surge in vol, while breaking through the triangle, Thus, for a short term trade, tgt...

zenni_10

A rectangular pattern is visible, on the charts , with resistance around 2300, tested multiple times before the current breakout, Every time the price reached the lower strong support of 1666, the bounce back is marked with high volume, indicating bullish strength, Also, there have been higher highs and higher lows in the last two months, Thus, for a short term...

zenni_10 Updated 

After consolidating for around three months, the stock has shown a visible uptrend in the last month, the move backed by a considerable increase in volume , Currently , an inverted head and shoulder like pattern is visible in the stock, The resistance level of 308 has been broken, confirmed with a sharp rise in volume, and atr Thus, for a short term trade, tgt...

zenni_10 Updated 

The stock had been in a downtrend, and after reaching a low of 565, the stock has shown higher highs and higher lows, forming a rising wedge like pattern, The change in sentiment from bearish to bullish is also confirmed through, macd, which had been below the centre line during the downtrend and is now above the centre line, Currently the wedge has narrowed down,...

zenni_10 Updated 

The level around 535 is a long term support, and taking that support a rectangular pattern has been formed, After testing the level of 676 several times, currently a breakout is expected Rising volume and atr indicates strength in the breakout Thus, for a short term trade, tgt 724, sl 670

zenni_10 Updated 

After reaching a low around 147 level, this level was tested multiple times in the last three months, creating a rectangular like pattern (with resistance around 188) The previous continuous lower highs and lower lows came to a halt during this phase, thus indicating a potential reversal from the previous downtrend, Every time the support of 147 was tested, RSI...

zenni_10 Updated 

On the daily chart, a breakout through a falling trendline is visible today, Level aroung 309 has been a long term support, Since three months the stock has been consolidating, in a rectangular like pattern, (369 resistance level) The trendline breakout coincides with breakout through this pattern, on the shorter time frame Surge in volume and atr , and bullish...

zenni_10 Updated 

Level of 670 has been a strong resistance since more than six months, A head and shoulder pattern is visible, and the neckline coincides with this 670 level, In the last three months, there are visible higher lows , forming a triangle like pattern, Currently, there is a probable breakout, conformed with high volume, rise in atr, and overall bullish strength Thus,...

zenni_10 Updated 

Since the last two months the stock has been showing higher highs and higher lows, after bouncing back from the strong support level of 404. After that, it has formed a rising wedge like pattern in the two months duration. Currently the vol is high and rising , along with atr and adx, MACD also shows a bullish crossover 587 is the nearest immediate...

zenni_10 Updated 

The stock has been in consolidation since the last six months, the area around yellow horizontal lines being the support and resistance zones, In the last two months, a small rising trendline is visibkle within this area Currently, the consolidation's resistance zone as well as the trendline has been broken. For confirmation, the volume and atr witnessed a surge...

zenni_10 Updated 

A head and shoulder like pattern is visible in the stock, After a continuous fall in ATR , a rise in atr is visible, exactly on the breakout through the neckline of the h&s pattern, Also, volume had been falling, specially through the shoulder part, and now there is a sudden rise i.e. higher than average volume Orange horizontal line is the immediate next...

zenni_10 Updated 

There has been increasing bullish strength in the stock since the last two months, exhibiting higher highs and higher lows, Currently, a small rising parallel channel is visible in the stock, Breakout has occurred , through the resistance line of the channel, coupled with higher than average volume and atr After breakout it has taken support at that level, thus,...

zenni_10 Updated 

The stock has been in a long term downtrend, and now a small cup and handle pattern shows sign of a reversal, Since a month , the average volume has increased , specially after the results There is even more surge in volume and atr on breakout of the cup and handle neckline The orange horizontal line is the immediate closest resistance Thus, for a short term...