Zydus Wellness 19week Rounding BOWe see a pattern within a pattern here.
A low vol flat 1mth base within rounding bottom pattern.
Broke out conclusively with volume. Good swing opportunity.
BASE
BEPL - Candidate for Powerplay9 week base.
1st test of 50 DMA - chances of holding are high.
pocket pivot.
2T VCP - Volatility contraction pattern
Triangle breakout.
Need to break 160 level for strong upmove
BGRENERGY - will it show power ?14 week consolidation.
One red flag is - prior trend is lagging.
Forming a cup.
Not is 2nd stage.
Pocket pivot off 50 DMA.
Volume lookout is good.
TGT - 60-65 min.
Setting up nicely!16 week cup n handle
shakeout done holding 50 DMA
institutional buying seen
pocket pivot along with BO
TGT - 550 - 650
will it sustain against Market sentiment ?19 weeks cup n handle.
shakeout done in the handle. it coincided with 50 DMA, holding.
pocket pivot just prior to BO.
nice volume contraction in a base.
up day volumes is higher than down day volumes withim base.
Tgt - 480 - 500 - 540
Will it go to skies ?8 weeks cup n handle - 2nd stage base.
depth is little more - 32%
Strong prior uptrend - 375% from lows.
Pocket pivot formed today.
Its coupled with good fundamentals and promoters buying.
Its even at ATH levels......
Colpal : Looking good for Buying above 1540Colpal looking good at current level to buy for swing for the target of 1643
Formed a good base at 1465
SL to maintain at 1480
Keep trailing Sl as it moves in your direction
Note : This idea is for only educational purpose
CDSLNice 8 week base.
1st testing of 50 DMA after strong prior uptrend.
Break of upper trendline by pocket pivot.
POLYPLEX> 200 % prior uptrend.
50 MA undercut & rally
Formed a CUP base.
Pocket pivot on 16/10/2020.
Also a wyckoff's spring
DR REDDY LAB - LONG NSE:DRREDDY
Action - Buy
Target Price - 5300 -5500
Stop Loss 4364-Rs Below closing
Flat Base Breakout At 4759/-Rs
Financial Interest - Yes
