MrGaggi

MrGaggi

Marico is showing strength over a long period and was consolidation range. Currently price is increasing on weekly basis and may attempt ATH again. Breakout could lead to new higher price levels.

MrGaggi

Stock is moving along long term rising trendline and has taken support multiple times. 55RS is still near zero line and above long term MA. Somewhat correction is anticipated and may touch trendline before moving upward again.

MrGaggi

COAL India is steadily moving along trend line and price is increasing along with 55W RS gaining strength. On chart I have tried to measure yearly cycles along with possible entry points which are below current price and possible targets it could achieve within this and next year.

MrGaggi

Price has been on increasing trend from past many weeks. 550 price level has good demand and multiple touch points can be seen on support line. 55W RS increasing and may cross above zero line.

MrGaggi

SBILIFE is showing a long setup where price has broken out of long going consolidation phase. Currently price is trending above 1325 which was previous resistance point for months. 55W RS is also showing strength and is about to cross above zero line.

MrGaggi

ICICI Lombard is indicating long setup built up while price has broken above previous pivot highs on weekly basis. Price is taking support of support line from past few weeks. 55W RS is on increasing trend and may cross above zero line very soon indicating better performance than Nifty50

MrGaggi

VIP industries is showing some positive build up. Currently price is trending within a range which could be accumulation before continuation of long trend stock is following from few years. Price is continuously taking support long running trendline. 55W RS is also showing gradual increase from past few weeks and inching towards zero line. Not very confident but...

MrGaggi

#NiftyPharma has recently given a breakout of structure and currently price is floating above the previous pivot high on weekly TF. 55W RS has crossed above the zero line which indicates strength against #Nifty50 during the same time period.

MrGaggi

#TECHM has recently broken above an important Fibonacci level and may continue to progress further. Price action is supported by a spike in volume around 78.6% level along with RS showing a positive crossover above the zero line.

MrGaggi

TCS has been gaining strength since last few weeks and inching towards to cross above zero line on RS scale. Price is moving up and has given breakout above 3436, next target could be 3804 in coming weeks.

MrGaggi

Stock is rising along with trend line and Weekly RS is also on increase. RS may cross zero with breakout happening above 800-820 price range of stock. It could be rewarding in coming days if breakout happens and price continue to rise above 800 price level.

MrGaggi

Stock is rising along with rising trendline since months and have tested support on multiple touch points. RS is on downtrend which is matter of concern as price may not grow as it has grown in past. Currently price is in range and a fresh breakout can lead to further rally.

MrGaggi

Alkem is gaining strength and RS has turned positive along with RS Average has also started rising. Looking at current breakout price may test breakout range again which may cool of RS somewhat and retest Smoothening RS average line too. A partial entry can be made right now with target to average if price falls and sustain within buy range. If price close below...

MrGaggi

Observe chart and see if it make sense. There is unfilled gap which Nifty could try to fill in before it take stop at high of previous consolidation zone.

MrGaggi

#HDFCLIFE is consolidating in range since long. It's around 35% down after 129% rally from significant low. 512-597 is range to look for while initiating buying at lower levels. #Nifty50 #sensex #StocksToBuy

MrGaggi

What I observed that whenever Nifty goes 2000 points below from recent high it enter into over sold zone and reversal signs start showing up and reversal do happen after that. After reversal Nifty again move around 2000 points upward before becoming over bought and then cycle continues. Therefore basis this assumption and while taking average of previous two up...

MrGaggi

Going by previous trend it seems like Nifty is heading towards 15000. Do you agree?

MrGaggi Updated 

I was experimenting some time based trend analysis and came up with drawing up a possible path for a certain period of time. If my experimental calculation are right we could see upmove from here towards ATH, if price breaks below indicated support levels then idea stand null and void. Publishing it so that can follow it through TradingView