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
#IDEAFORGE formed darvas box pattern, there are good buying candles formed inside the box, chances of high reversal. Can be entered on breakout. Its recent IPO can give good momentum in short.
Can Buy Tega on CMP 828.70 SL 3% below line Allocate max 5-10% of your capital
1.After listing rally stock formed good base with volume contraction ( first mature base) 2.Now stock trading in range from last breakout high ( forming second mature base) 3.Now closing above 530 with good volume will trigger next upmove 4. Stop loss - closing below upword slanting trendline 5. Target - 574/610/680+
Fusion Micro Finance Daily Chart. Stock Posted Good Quarter Result. Breakout Soon Candidate. Keep in your Watch list..
Stock broke out into new high ground after just a 10% deep correction post listing
Enter 330 Add more at 350 (closing basis) Exit 320 TG 400
I analyzed GLS on yesterday and today it had given breakout of the previous range by blasting nearly 8%. More strength above 450. Still trend hasn't changed but more chances of bullishness, falling wedge pattern forming in weekly tf.
This breakout is similar to NSE:DEVYANI . In Devyani Int. Ltd. pattern is similar but having more data. .What did happen to Devyani Int. ltd.? Devyani moved to "All time high resistance'' & hold the upper level then breakout with engulf candle. So, high probability is that it may behave the same. 13% away from all time high (we should capture this move) Only...
Tatva Chintan Pharma- Recent IPO - CMP 2250- Mcap 4989 Cr There is no Margin of Safety Currently in Valuations if i look it as a Long Term bet. However- Currently China Factor is Keeping Speciality Chemical Companies Afloat and Bouyant. As long as sentiments are good, Valuations can go Crazy. Speciality Chemicals can be a good Theme to Trade. Incorporated in...
Stovekraft price has seen a sharp rise from 783 to 1018 level and consolidated in a zone until recently. The price has broken out the range with high volumes and took a pullback and rose today. If the price manages to stay above 1068, the pullback will be a success, you can go long. The stoploss and target levels are mentioned on the chart. Happy trading...
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice
NSE:BECTORFOOD Why long? 1. It is following the General IPO pattern and also below trend reversal patterns giving extra support for going long. 2. Invert HS pattern 3. Morning star pattern formation 4. Good RR Note: : This is only for educational purposes and do your analysis before investing.
BURGERKING Technical view Monday Support level 141.75
SBICARD - listing below the ipo price