ilmscore | Multi Year Breakout Stocks Price Action Analysis | CA Rachana Ranade

Multi Year Breakout Stocks Price Action Analysis | CA Rachana Ranade

Published: 2024-01-26
Status: Available | Analyzed

Predictions from this Video

Total: 9
Correct: 0
Incorrect: 0
Pending: 9
Unrated: 0
Prediction
Topic
Status
GlaxoSmithKline has rallied 18.85% in the current month and is trading above its breakout level.
"this month it has already rallied 18.85% and is way above the breakout level."
GSK
Pending
GlaxoSmithKline has closed above its crucial resistance level of 1910 on a weekly basis for the past two weeks.
"first time it is closing Above This crucial level of 1910 again I'm going to zoom in a little bit where you will be able to see that the previous to previous weeks so first Jan week only it closed above the crucial level so has it given a closing above the multi-year uh you know resistance Zone yes it has given a breakout above that previous week also it has closed above that level"
GSK
Pending
Canara Bank is currently challenging its immediate previous high but has not yet closed above it on a monthly chart.
"this stock is challenging the immediate previous high, big question is that has this already closed above the immediate previous High answer is Galat Javab not yet crossed the immediate previous High"
CANBK
Pending
Canara Bank has attempted to close above its multi-year resistance for the last three weeks but has not yet succeeded in doing so.
"last 3 weeks it has tried to close above the multi-year resistance but unfortunately it has not yet given a closing above that level"
CANBK
Pending
Canara Bank's price action suggests that a cup and handle pattern target has been met or exceeded, indicated by a gap up in the subsequent candle.
"whatever was the target as per cup and handle so I'm again going to just draw a line here now what can you see here whatever was the target as per cup and handle pattern next candle has directly given a gap up"
CANBK
Pending
The Pharma sector is expected to perform well in 2024, having outperformed the Nifty in 2023.
"this is a sector which has outperformed Nifty in 2023 and a lot of people are actually having certain expectations from this specific sector in the year 2024 as well"
Pharma Sector
Pending
The PSU Banking Index has broken out after 13 years of consolidation.
"almost after 13 years that this entire index has given a breakout"
PSU Banking Index
Pending
The target for the PSU Banking Index, based on the height of its consolidation, is projected to be around 9,800.
"whatever is the height of the consolidation that we can add to the top of the consolidation so whatever is this height I have added here so the PSU Bank as an index, the target could be somewhere around 9,800 is levels"
PSU Banking Index
Pending
A stock in the fertilizer sector has achieved a multi-year breakout, surpassing its 2008 price levels.
"this stock has given a multi-year breakout, it has broken out above its 2008 level"
Fertilizer Sector Stock
Pending