After an ATH breakout the stock went little upside and then went into a 10 weeks consolidation forming base of 18% range in 10 weeks and finally coming out of the base. Quarterly results came out are decent. Promoter holding have came down a little and Fii holdings have increased. Price is trading above all the key moving averages. 544-577 shall now act as a...
This is the analysis of PURVA in Daily Time Frame. Watch carefully. The chart explains itself. The stock managed to break the 2 YEARS HIGH with volume. It can retest the breakout level. If it will sustain above the breakout level, it is good for the stock. Generally Multiyear Breakout is a bullish signal for stocks. There are some prediction levels. These Levels...
This is the analysis of ENGINERSIN in Daily Time Frame. Watch carefully. The chart explains itself. There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown. Always maintain your risk management. Book your profit according to your...
FOR LEARNING PURPOSE G R INFRAPROJECTS LTD - The current price of G R INFRAPROJECTS LTD is 1538.05 rupees I am going to buy this stock because of the reasons as follows- 1. Its coming out from a good consolidation base 2. The breakout candle is good with good volume 3. Its making a 2Y high by going sideways for some good time. 4. It is showing...
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...
-VCP -5Wave Setup -green Vol Spikes -tightness -Bounce from 50emas -Squeezed b/w PP n 10emas
-Good Base forming. -Ema Shakeout (MAU&R) -Green Vol > Red Vol -Inverted Head n Shoulder in forming
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 /...
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...
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....
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...
ZensarTech - Beautifully set horizontal line - Strong Breakout last month after earnings - Trading inside earnings candle - Pocket pivot volume candle on weekly
Bectorsfood - 6 months long base - Strong volumes breakout last month followed by Dry volume in last 3 weeks - Accumulation in process - ENtry can be triggered above 1320 lvl with swing low /5-6& as SL
This MNC company of Pharma is ready to run for next 15 - 20 % return from this level. Price has breakout from Bottom channel. Now it is ready for new up move.
DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and...
Hi All, I am Elliott wave analyst and i am more focused on Nifty 50 stocks, my trade idea would help learner/investor to identify the trade setups and market direction. I am not Sebi registered analyst, nor this information is for Buy/Sell or Sell/Buy. ' Investing or Trade setup:- We are in uptrend and completed 4 Subminute wave now we are looking for Micro 1 and...
Here is the next multibagger stock with full funda and Technical analysis. Raounding bottom pattern on #Aartisurf
This is the analysis of Banknifty in Daily Time Frame. Watch carefully. The chart explains itself. There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown. Always maintain your risk management. Book your profit according to your...