LICI is consolidating for almost 130 days (Good period of consolidation) after giving 100% move in 80 days. -In DTL, BO anticipation if retest again. -Good shakeouts -1003 good support (AVWAP from ATH)
Olectra Greentech Limited, a mojor electric bus company, in DTL BO zone. Also anticipation of BO of AVWAP from 52W High.
-Posted great results. Whole defence sector strong. -Breakout from long base. -After 4th July (Election result day) volatility bloodbath, recovered fast n filled that big red candle. -Tightness - Lots of white dots (5% move with 1M volume) suggests big institutions are behind the stocks, retailers cant create that much volume. -Downtrendline tested 3 times.
-DTL BO (Down Trendline breakout) anticipation -Now above 4/June (election result) volatility carnage, finaaly in sweet spot too
-Posted good quarter results -DTL BO (Down Trend Line Breakout) anticipation -Green Vol > Red Vol
MMTC making HLs about to test DTL (Down Trend Line) -VCP in action -Sellers flushing out -Check its prior moves, it moves with great momentum
-if Nifty Pharma breakout from long Parallel Channel (PC), Wockpharma can be one of pharma companies to perform, as it also forming long base and, Long Base = Long Breakout . -DTL BO anticipation (Down Trendline Breakout), tested 4 times but didnt fall with volumes. -Clearly, Green vol > Red vol -VCP pattern (15W-22/6-3Ts) -Earnings due on 28th May Setup is...
-Posted Good Results -DTL BO (Down Trend Line BO) anticipation -Tight closes near weak resistance as I was tested multiples. -Demand is showing in last few days. Waiting eagerly for BO