AGRITECH CMP 183 STOP 150 TARGET 250 PLUS Weekly chart 1) Rectangular breakout with huge volumes. 2) Long term resistance line break out. 3) MACD in positive territory. 4) RS sloping upwards.
Dalmiya bharat CMP 2794 Target 3250 Stop 2675 Time frame - short term. Chart TF - Daily Rationale : 1) Stock has managed to move back above 200 EMA with good volumes. 2) Incidentally, this has been one of the strong long term support zones as well. 3) Currently stock is in the process of taking a breather with low volatility; usually low volatility is the sign...
WATCH LIST STOCK. DO NOT BUY NOW. READ CAREFULLY AND BUY ONLY IF THE REFERRED LEVELS ARE TRIGGERED. HCG (HealthCareGlobal). CMP 335 Weekly chart. Stock has been hovering within the long term upward sloping upward channel since 2016. Stock is currently on its 5th attempt in trying to break the upward channel. Volumes appear encouraging. The more the stock...
Nifty - An analysis of historical major correction patterns in monthly charts. a) 305% upmove followed by -64% (ratio 4.8) b) 145% upmove followed by -28% (ratio 5.2) c) 93% upmove followed by -26% (ratio 3.6) d) 56% upmove followed by ____ ? (ratio 3.6 to 5.2) ie -17.5% to -10.8% ie 11170 (1-17.5%) to 11170(1-10.8%) ie 9215 to 9963 This...
TTK HEALTHCARE CMP 951 Target 1100 plus Stop 875. Weekly Chart 1) Stock has pierced past the long term downward resistance line with huge volumes 2) Higher highs and higher lows has lead to an upward triangular pattern breakout.
MPHASIS CMP 880. Monthly chart. 10 year high breakout observed at 795-800 with good volumes along with rising MACD histogram. 1200 plus expected from medium term perspective. Stop should be at 730.
Suven Life Sciences Investment Horizon - 6 months plus CMP 239 Top Down Approach - a) Monthly Chart b) Weekly Chart c) Daily chart. a) Higher Time frame chart - Monthly (Ascertaining the big picture) 1) Above 30 period EMA. 2) Cup formation in progress and the first HH is seen suggesting early stages of the uptrend has started. 3) Breakout observed past the...
Ucal Fuel CMP 310. Stop 220 Target 425 plus 1) Breakout with huge volumes 2) Stock has pierced past the upward sloping resistance line. 3) STOCH + MACD looking positive confirms possible momentum building up.
TRIGYN CMP 176 Target 270 plus Stop 115 Another perfect technical combination observed in this stock. Breakout Volume RS MACD Any queries in this strategy or any of my other strategies pls do not hesitate to comment.
Symphony CMP 1887 Stop 1400 Target 6800 plus (4x returns). (minimum holding 1 year plus). Stock fulfills basic criteria 1) Breakout of a long consolidation zone. 2) Above averge volumes accompanied BO. (Volumes not properly displayed in chart as its scale is masked by one of the huge volumes in the left zone of the chart). 3) RS spike above average. 4) MACD...
A typical high probability setup example and also the possible mistake of impatient traders post purchase and the cost of the mistake. FOLLOW THIS METHOD AND SEE YOUR RESULTS A YEAR LATER. YOU WILL REMEMBER ME AND THIS POST. Illustration is PCJewellers chart. (This is only an illustration. This is not a trading call on PCJewellers stock). Refer the accompanied...
Shemaroo CMP 530 Stop 375 Target 650 plus Satisfies all key high probability setup parameters Breakout + Volume + RS + MACD
Seshapaper CMP 1099 Stop 775 Target 1500 plus. 1) Stock has broken out of the consolidation zone with good volumes 2) RS / MACD / Stoch all satisfy buying conditions. 3) Target as per a similar previous pattern observed in the Stoch . Trail price to get max benefit.
Sadhbav CMP 411. Stop 320 Target 800 plus 1) Stock has broken out of the consolidation zone previous month with above average volumes. 2) Stock currently in a cosolidation phase post breakout. 3) Breakot out accompanied by spike in RS and also bullish MACD and Stoch oscillator. 4) A similar previous breakout has produced 100% returns (2x). Hence the expected...
Sandesh CMP 1262. Stop 900 Target 2000 plus 1) Stock has broken out of the consolidation zone. A sort of ascending triangle breakout with above average volumes. 2) RS has spiked along with other bullish indications in the oscillators and MACD. 3) A similar previous pattern has produced 2x returns over medium to long period. 4) Trader patience utmost important to...
NRB Bearings CMP 172. Stop 130. Target 220 / 350. Monthly chart Stock has cleared past 3 plus years consolidation zone in the form of rectanglar breakout with good volumes. Currently stock is positioning itself Oscillator indicators providing momentum signals with the instance of previous breakout positioned post the stoch crossover at oversold zone and stoch k...
RK FORGINGS CMP 850 Stop 720 Target 1200 plus Monthly chart 1) Stock has completed a W pattern breakout last month with above average volumes. Rising leg of the W pattern has seen significant increase in volumes. 2) Stock has been consolidating this month as seen from low volumes and low volatility. 3) W pattern breakout accompanied with spike in RS above its MA...
Nahar poly films CMP 83 Target 125 plus Stop 60. Monthly. Stock has broken out of the previous resistance zone with good volumes. Slope of the trend line has increased suggesting that momentum is picking up.