SumukhNagesh

SumukhNagesh

VIP industries has got the right kind of momentum now, As the monthly chart shows a 6 year top breakout near 204 levels and the last month candle has closed above it. The Monthly chart shows that its going to the next range in the coming months.

SumukhNagesh

On the monthly chart it shows a 2 year BREAKOUT near 1250 levels. And the last month candle has closed above the 2 year top, that is 1261. So its a nice buying opportunity as even this months candle is still moving up. And for ICHIMOKU TRADERS, CHIKAU is all set to become free in the MONTHLY CHART which shows momentum in the stock.

SumukhNagesh Updated 

Has taken the 100 SMA support at 605 and trying to bounce back. But once if it breaks the resistance at 635, This stock will fly.

SumukhNagesh Updated 

SBI on its weekly chart has touched its 50 simple Moving average and bouncing back. A little support from the nifty is enough to take this stock to higher levels.

SumukhNagesh Updated 

This stock will only go higher from here as it has touched its 20SMA at 195 and bouncing back.

SumukhNagesh

Bank nifty on its daily chart has touched its support of 50 SMA and trying to bounce back.

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Bharat Forge on its daily chart obeying the 100 SMA and believed to be bouncing back.

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Finolex cables has got its support at 200 SMA and bouncing back to higher levels

SumukhNagesh

BGR energy has 150 SMA as its supports and bouncing back towards higher levels.

SumukhNagesh

It has touched its 200SMA and coming back . Watchout for this stock as the CCI too shows a confirmation