rajivrajeev

rajivrajeev

JBM Auto Ltd. is an interesting stock with following 1. RSI on all time frames DWM above 60 2. Narrowing Bollinger Bands on Daily/ Weekly Chart 3. Price moving on upper Bollinger band on daily chart 4. Rising trade and delivery volume on daily and weekly charts 5. ABCD pattern on weekly chart 6. Major Support at 20 SMA Daily and Weekly at 1900-1870 levels 7....

rajivrajeev

KPIT Technologies Ltd. is an interesting stock with following FUNDAMENTALS Company is expected to give good quarter Company has delivered good profit growth of 49.4% CAGR over last 5 years Company has a good return on equity (ROE) track record: 3 Years ROE 27.0% Company has been maintaining a healthy dividend payout of 30.1% TECHNICALS. 1. RSI on daily/Monthly...

rajivrajeev Updated 

Tube Investments of India Ltd. is an interesting chart with following 1. RSI on daily and monthly time above 60 2. Price crossed above 20 week SMA with volume 3. ABCD pattern under formation on weekly chart can be a good risk reward with buy on dips and dips only with support near 3670 - 3600 zone Lets See How it evolves Disclaimer: NOT A BUY / SELL...

rajivrajeev

CIE Automotive India Ltd. is an interesting chart with following 1. RSI on all time frames DWM Above 60 2. Narrowing Bollinger Bands on weekly chart 3. ABCD Pattern on weekly chart 4. Stock Out Performing benchmark and Sectoral index both on 1 week and 3 months 5. Higher Trade and Delivery quantity on weekly time frames. Last but not the least - A...

rajivrajeev

Divi's Laboratories Ltd. is an interesting chart with following 1. Reverse Head & Shoulder Pattern on weekly chart 2. Narrowing Bollinger Bands on Weekly chart and Price walking on upper Bollinger Band 3. ABCD Pattern under formation on weekly chart 4. RSI on daily and Weekly time frame above 60 5. High Trade and Delivery quantity 6. Stock outperforming...

rajivrajeev

Reliance Industries Ltd. is an interesting chart with following 1. RSI on D/W/M above 60 2. ABCD Pattern under formation on weekly chart 3. Price crossed above 20 Week SMA during the week Can be a Good risk reward with buy on dips and dips as major support exist at 2870-2880 zone being daily and weekly 20 SMA support Lets see how it evolves Disclaimer:...

rajivrajeev

Ultratech Cement Ltd. is an interesting chart with following 1. RSI on all time frames DWM above 60 2. Price Crossed above 20 W SMA 3. Narrowing Bollinger Bands on weekly chart 4. ABCD Pattern under formation on weekly chart 5. Both ARS and SRS above zero Can be a good risk reward with buy on dips and dips only with major support at 9780- 9830 zone and next...

rajivrajeev

Gujrat Gas is an interesting chart 1. Price crossed above 20 SMA on daily and weekly chart 2. ABCD pattern under formation on weekly chart Company is almost debt free. Company has a good return on equity (ROE) track record: 3 Years ROE 21.0% Company has been maintaining a healthy dividend payout of 24.9% Lets See how it evolves Disclaimer: NOT A BUY /...

rajivrajeev

TVS Motor Company Ltd. is another interesting chart with following 1. RSI on all time frames (DWM) above 60 2. Both SRS and ARS above zero 3. Price took support at 20 Week SMA 4. Narrowing Bollinger Bands on weekly chart 5. Price walking on upper Bollinger Bands on daily chart. 6. ABCD Pattern under formation on weekly chart Can be a good risk reward with...

rajivrajeev

PVRINOX VALUE BUY SL BELOW 1230 TGT 1430-1470-1540-1610-1700 1. RSI on monthly chart near 40 support 2. Price formed double bottom last week on weekly chart 3. Harmonic Bullish BAT pattern completed and next patter under formation 4. Major confirmation area to gain momentum is 1431 levels above which momentum will increase Good Risk reward as pattern /...

rajivrajeev

Sun Pharmaceutical Industries Ltd. is an interesting chart with following FUNDAMENTALS Company is almost debt free. Company has delivered good profit growth of 26.4% CAGR over last 5 years Company has been maintaining a healthy dividend payout of 56.0% Technical 1. RSI on weekly and monthly time frame above 60 2. Price Taking Support at 20 Week SMA 3. ABCD...

rajivrajeev

Action Construction Equipment Ltd. is an interesting chart with following FUNDAMENTALS: Company is almost debt free. Company is expected to give good quarter Company has delivered good profit growth of 24.9% CAGR over last 5 years Debtor days have improved from 45.9 to 28.6 days. caution: Promoter holding has decreased over last 3 years: -3.29% TECHNICALS....

rajivrajeev

Ircon International Ltd. is an interesting chart with following 1. RSI on all time frames (DWM) above 60 2. Stock Strongly outperforming Benchmark index and sectoral index 3. Both SRS and ARS above zero 4. Close within 52 Week High Zone 5. Stock making higher highs for last 3 consecutive trading days 6. Higher Trader and Delivery quantity this week 7. ABCD...

rajivrajeev Updated 

MRF is turning bearish with following technical reasons 1. RSI on daily crossed below 40 2. Price crossed below 20 SMA Daily with huge volume 3. Bearish Marubozu Candle on daily chart with high volume 4. Price trading below 20 SMA (weekly) for last 4 weeks 5. Super trend is continuously bearish on daily chart and now minor super trend support on weekly is at...

rajivrajeev

Gujarat Mineral Development Corporation Ltd. is an interesting chart with following 1. RSI on all time frames above 60 2. Narrowing Bollinger Bands on weekly chart 3. Price gain with Green Marubozu candle with high volume on daily chart 4. both SRS and ARS above zero 5. Close crossing last week's and last month's high Attractive RIsk reward with major...

rajivrajeev

Larsen & Toubro Ltd. seems to be an interesting bearish chart with following 1. Inverse Head and Shoulder kind pattern on daily chart 2. RSI on daily crossed below 40 3. Price Crossed below 20 SMA on Weekly chart 4. Negative RSI divergence on weekly chart with price making new highs and RSI making lower highs 5. Can be a good risk reward for short with...

rajivrajeev Updated 

Raymond Ltd. is an interesting chart with following 1. RSI on all time frames above 60 (DWM) 2. Narrowing Bollinger Bands on weekly chart with price walking on upper band 3. Bullish Marubozu Candle on daily chart with huge volume 4. ABCD pattern under formation on weekly chart 5. Ascending Triangle breakout on daily chart Major Support at 1790 - 1850 zone,...

rajivrajeev

Gabriel India Ltd. is an interesting chart with following 1. Price Rise with huge volume 2. RSI on all time frames above 60 (DWM) 3. Better Risk Reward with 20 SMA (daily and Weekly) Support near 358- 365 zone 4. immediate resistance 450-466 zone Lets See How it evolves Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting...