-Posted good results
-Why i am liking this setup so much is : Its rejection from 200 ema(yellow line), that means its staying very little in Stage 4, means strong buying by Institutions (Lots of white dots : 5% move with 1M vol)
-Recovered fast from 4th June (election result day) bloodbath, again strong stock sign.
-in Tightness phase (volume drying), needed...
One Simple Horizontal Line Setup
-Posted great growth results, everything is improving.
-Pharma sector seems strong as it is also near breakout zone.
-That red wick on election results day seems so good, fell with market but cop up fast and took support at 200 ema n come back in good zone again and,
Good shakeout of 100 ema too.
-Yesterday gave squat too (went...
Strong Stock from Strong sector (PSU Bank): IOB, UCO bank, PSB, Central bank of Ind, Maha Bank already showed momentum.
-One simple horizontal line setup, took support from 21 ema. And now squeezed between 10 ema n resistance level.
FSN posted good YoY results with expanding offline too, this can be super combo: online(e-com) + offline for the future growth for the company.
-right now, setup is in stage 1 but in uptrend so VCP concept can apply
VCP : 20W-30/2-4Ts (Contraction for 20 weeks, contracting from 30% to ~2% n total contraction 4 times)
-check Red Arrows how supply is flushing with...
ICT concepts coupled with price action
575 was the best entry as it formed a FVG after a MSS and sell side liquidity was taken out.
Au bank released its earnings and although profits fell, NPA,GPA were down as well showing strong management. NII was up 10% which is another major sign and it beat estimates.
Technical signals
Bullish flag with a bullish...
Biocon is among few stocks which did not participate in Pharma bull run.
However stock has recently given a big volume bounce from its demand zone.
295-300 is an important zone to watch out for as it is a confluence of trendline resistance as well as 200 Week EMA.
1st breakouts are normally traps so use pyramiding to save your capital.
If stock posts good...
Asset: Godrej Industries (GODREJIND)
Timeframe: Weekly and Daily
Technical Analysis:
Weekly Timeframe: The price on the weekly timeframe is indicating a bullish trend, highlighting potential upward momentum in the mid to long term.
Daily Timeframe: Similarly, the daily timeframe is showing positive signals, supporting the optimistic outlook for GODREJIND.
50...
SHRADHA INFRAPROJECTS has formed a nice accumalation in the form of a BASE over BASE setup with goof VOLUME pickups and even 50/200 Daily EMA is following the price well, even showing outperformance compared to index analysis
SHAH METACORP is forming a nice Daily BASE with 50 Daily EMA following the price and we also have nice volume pickups could see a rally till all time high or a slow accumalation till all time high and then a good rally after it breaks all time high
DVL - DHUNSERI VENTURES has formed a WEEKLY base with a DEMAND ZONE between 310-280.
Could be a great opportunity for LONG position with SEPTEMBER Quarter profit rise, BUYING volumes are increasing as well as 50 and 200 Daily EMA is following the price PROPERLY.
MOS Utility is absorbing ALL TIME HIGH Supply and is forming an IPO Base Setup with Good Volumes as well as 50 Daily EMA is following an uptrend with price can give a good move, but accumalate it slowly, don't go all in at once
ALLCARGO TERMINALS near ith ALL TIME HIGH with good VOLUME PICKUP as well as good BASE FORMATION and 50 Daily EMA following the price could be a QUICK MOVE to the upside for a 10-20% move.
AAA Technologies has made a good BASE formation with rise in VOLUMES and is also near ALL TIME HIGH with good SUPPLY absorbtion and even 50/200 EMA is following the price well can be good for short/mid term rally
ZODIAC ENERGY is near its ALL TIME HIGH which previous weekly selling bases not broken as well as good VOLUME PICKUPS , alse FUNDAMENTALLY STRONG SECTOR for long term investments and 50/200 Daily EMA following the price
