VigneshIyer

VigneshIyer

Company on back of Revilimid sales has been posting beyond expectation numbers now and every quarter there is a conesensus the sales would top. But the product seems to have takers in export markets. On back of it and the guidance given by management in Q4FY24 call, this stock is as cheap as it comes. Moving away from narrative stocks , this is actually a cheap...

VigneshIyer Updated 

Sl at 119 is ideal for the pattern. Some volume plus Favourable RSI would push the price by another 30 bucks easily.

VigneshIyer Updated 

Channel based movement evident in last few months for PRestige Estate. SEtup is quite interesting, but volume still lower. I would have one eye on volumes to give some signs of brekaout. ideal sl 499

VigneshIyer Updated 

IRCON in my experience has been massive when it comes to triggering my SL, but the setup here is interesting. Flag breakout should stand ideally lets see

VigneshIyer Updated 

Setup is quite good and some encouraging volumes can be seen as well. multi month breakout is quite clear.

VigneshIyer Updated 

Stock has been under some buzz lately and the volume and price action seems to be strong. Already 12mn volume inside first 2 hrs of trade which is more than last few sessions.

VigneshIyer Updated 

Stock has been range bound for good amount of time now and has seen a decent breakout recently with retesting happening post which stock is poised for newer highs

VigneshIyer Updated 

Weekly charts for this week should be interesting. 3 working days vs 6 working days last week vs normal 5 working days. Starting with #IFBindustries which has broken out of channel, interesting and worth keeping eye on. good Gudiance was given by management last quarter in earnings call. Worth keeping eye on

VigneshIyer Updated 

Multi year charts screams a buy? but is it a buy really. Monthly closing above 100 would be massive boost. Any monthly close below the trendline is a weak sign

VigneshIyer Updated 

Time to take out the 400 levels from year 2007-2008 once 350 is crossed. Frist murugappa group, then kirloskar group and now welspun group. Multi year bo and points marked

VigneshIyer

Stock has rallied post results were out and now RSI has stretched in BlissGVS. Technically stock is enroute highest volume since 2019 and another 17 days to go for the month to end. Watching if stocks like Bliss do respect technical or not #BlissGVS . Rest have market the resistance and support

VigneshIyer

The patch that are highlighted in the chart clearly dictates the pattern this specific company follows after some consolidation each time. Hoping to a new rally towards 500 before another round of consolidation.

VigneshIyer

Last 2 days price action has been really good leading to a possible breakout here as long as 299 holds. 400 is possible.

VigneshIyer Updated 

Volumes are strong and that too after a really long time. Hoping to see the consolidation end here. KEy trigger here has to be the numbers that company would post.

VigneshIyer Updated 

This price is coming after August 2021. Next resistance is 193 and psychological resistance at 200. Lets see How it pans out

VigneshIyer Updated 

Interesting setup developed over last few sessions in Can fin homes. Negative Divergence seen on chart for PRice and RSI and also mild divergence in Price and MACd . At 825 rs this is technically a short candidate, but results today so need to observe how it pans out

VigneshIyer Updated 

Volume is something that the stocks lacks as of now and if volume burst comes 320-350 can easily come

VigneshIyer Updated 

Stock looks good after 2nd session showing strong volume traction. Ideally sl is 100