PrateekSharma999

PrateekSharma999

The stock went into consolidation phase from May 17th onward , the day when Nifty started 1000 points northward journey. After consolidating for nearly 15-20 days the stock gave price and volume BO in day chart. 5G trials have begin and telecom stocks will be in focus in months to come. This largest telecom tower company in the world should in focus.

PrateekSharma999

The stock was in falling trend right from the time it made highs of Rs 1000, falling trend was followed by period of consolidation , stock took supports at levels which it has been respecting since Feb 2021. Now falling channel BO is seen , summer season is already knocking at door.

PrateekSharma999

The stock is on verge of multi year BO and gave highest close after 2019. The stock is witnessing continuous series of higher high volumes from last 5 weeks. The stock has one of the most bullish charts among peer group stocks ( Union Bank , IOB, Bank of India). Since big PSU bank like SBI , BOB , CANBK have already entered into big bullish phase , small PSU...

PrateekSharma999

Akzo nobel day chart. The stock is forming rounding bottom formation near its historical support levels, after making highs of Rs 2500 , the stock is now trading at Rs 2255. Peer group stocks like Asian Paints , Berger are trading near lifetime highs, but worlds oldest paint company has still big gap to cover. Must be under watch.

PrateekSharma999

Torrent power day chart , Flag BO, volume BO.Big move post results , lifetime high. Closing should be seen.

PrateekSharma999

Stock is now trading at lifetime high levels. Stock has been in continuous uptrend from last many weeks , but was facing resistance between Rs 1915-30 from last 5-6 weeks. CMP is Rs 1938 , close above 1945-50 may start a new journey for stock. Fall in Brent crude from USD 71 to USD 64.5 is a big booster for stock , further in case Iran is allowed to sell oil ,...

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CSB ( Catholic Syrian Bank) weekly chart. The stock is now trading near IPO listing levels. The stock got listed in Dec 2019 , the last golden month before COVID came and started impacting Indian markets. Now stocks is trading above entire COVID era. CMP is Rs 283, a close above Rs 288-90 may start a new journey for stock . Weekly close must be watched

PrateekSharma999

Flag pattern BO is seen. Stock was making continuos HH HL from 16th to 28th April , followed by a period of consolidation of few days. Volume BO is also seen, stock at lifetime high, close should be watched.

PrateekSharma999

M&M day chart , falling channel BO is seen with volume BO. The stock has been in falling channel right from the time it made multi year high few months ago. Stock took support at levels which its respecting since Jan 2021. Upcoming monsoon is a big trigger for trend reversal in stock. If market supports then this may trigger a trend reversal.

PrateekSharma999

Ascending Continuation Triangle is seen. Stock gave highest close after May 2018, highest volume after August 2020 were registered. The increasingly higher lows and constant highs within this pattern tell us that buyers are more aggressive than sellers, confirmed by a breakout through a resistance level to signal a continuation of the prior uptrend. Company...

PrateekSharma999

The stock entered into bearish phase on 12th April with 10% fall in a single day , there was a phase of consolidation followed by phase of minor uptrend. The stock was yesterday able to give close above entire fall and consolidation phase. CMP is Rs 198 , any decisive move and close above Rs 200 will definitely trigger a rally. If Bank nifty supports and other...

PrateekSharma999

Stock has made rounding bottom right at support levels after big correction. Targets Rs 1040, SL Rs 890 , Time frame- 1-2 months.

PrateekSharma999

Larsen & Toubro day chart. Falling channel BO is seen , BO came with formation of double bottom. The stock has made double bottom at support levels which its respecting from Jan 2021. Volume BO is also seen. The price seems to have reached a bottom after failing to break through a support level and ultimately rising higher in a sign of reversal to a new uptrend....

PrateekSharma999

The stock was able to give highest ever weekly closes after June 2019 , highest volume after Nov 2018 were registered. What's interesting is that the volume from last 3 weeks has been on rise. It is currently the world's largest tea growing company and rise in commodity prices will definitely propel a northward move.

PrateekSharma999

NACL Industries weekly chart. Multiyear BO is seen, stock is now trading above 2018 levels , with highest weekly volumes after Sept 2020. Company belongs to agriculture sector and monsoon is around the corner. CMP is Rs 52, Rs 48 is BO levels , a close above Rs 50 may trigger a rally , closing should be watched

PrateekSharma999

Stock has corrected from life time high and now has taken support at Fibonacci levels. Big bullish candles followed by big volume is seen in day chart. Target of Rs 49000 and SL at Rs 41000 should be noted.

PrateekSharma999

TATA motors DVR, multi year BO was seen yesterday. Stock was able to close at highest level after 2018, highest volumes of last 3 months were registered. Metal prices have indirect correlation with automobile stocks , a correction in metals may propel rally further

PrateekSharma999

RK Forg , the stock has been trading in this channel right from Jan 2021. Yesterday stock gave channel BO along with volume BO. Highest volume were registered after 2019 , 10 times the avg daily volume. Since auto ancillary stocks like Mothersumi , Bosch are performing , this stock should be under radar.