CAMSCAMS was given a year back at 2800 with perspective of 4900
that was achieved
now this is fresh view BO at 4950
hold for 1 yr minimum
Kaisalagtahai
MMMGood consolidation since 2009 and price correction after making high in 2018
now it has formed large parallel channel. If it sustain 145-155 zone then it may stay get double in 2-3 yrs
UNHUNH has been forming parallel channel since 2016. Also it has a bigger Parallel channel on large time frame as well. which means it is making large time up move after consolidation.
DLFafter completing wyckoff accumulation bullish pattern, stock has shown weakness to sustain at higher level.
as of now it is in sideway range. Once 810 level is broken it may try to form "M" pattern
Lets wait and watch if this pattern is completed successfully
I do expect it to take minimum 3 months
COCHINSHIPIs cochinship trying to make Eiffel Tower Setup by making a top earlier and now follow through selling
HALIs it the first sign of top formation in HAL.
parallel channel upper edge is touched from the bottom. Monthly candle is also doji, follow through will be interesting to watch
INDHOTELIt was a great bull run in Indhotel since low of 2020
in past 4 years it has never broken the trendline.
going forward if trenddline is broken on weekly chart and if we see hns pattern then it may confirm the trend reversal. else use the oppurtunity wisely.
JublfoodDouble bottom formed at 420.85 & later move above 586 confirmed the Bullish "W" pattern
expect 912 to be tested in weeks to come with stop loss of 550
CESCCESC price distribution is happening on 4 hour chart. it may trying to bounce upto 210 and then next LPSY may be formed and give fresh round of selling.
But pls be caution that wyckoff patterns takes lots of time and they are tough to trade considering the spikes in opposite direction of the trend.
AdbeBearish Wyckoff Distribution Schematic #2 (unorthodox)
I would be happy to go wrong however I do see this to test 260 in 2 yrs
it has to cross 590 to nullify this setup
NVDAgood parallel channel setup on daily chart. results are few days away. any closing above 132 may be very good for short term
PNBHOUSINGPNBHOUSING is forming triangle pattern on hourly chart. it may give quick move in coming days.
4 digit coming.
GODFRYPHLPthough it took complete 25 year but parallel channel completion truly gives satisfaction.
This journey has been really great when I added at 1200 in 2019.
Though I don't have any tgt left but money has given 350% absolute return
GODFRYPHLPthough it took complete 25 year but parallel channel completion truly gives satisfaction.
This journey has been really great when I added at 1200 in 2019.
Though I don't have any tgt left but money has given 350% absolute return
NIFTYpast 2 year during the interesting bull run, price has formed a parallel channel. recent up move was the breakout from the channel and retest of the breakout is also done.
In weeks to come we may expect 25622 to be tested.
DJIWhat has started in Oct 2023 has formed a parallel channel. It has completed one of the target given in Aug 2023 for 40904.
from 35210 on 8th Aug 2023 to high of 41096 and highest closing of 40842
cmp 39737
Now going forward we may expect selling continue until 37100
35500 is good support for pull back, at the same time it is the lower edge of the channel.
Bull run continue.
Please understand this is election year for US, I don't see selling until Nov 2024
HDFCLifeThis has been a tough IPO stock but we are able to hold it because it was offline account.
It has formed parallel channel since listing. hopefully it may test upper edge of the channel
COPPERCopper has given good run up in past 10 months. now is the time for take a breadth and do some sideways movement for few months then take up the next up move.
790 - 760 may not break during this retracment
GOLD XAUUSDIf we follow this approach does this means bulls are done with the current up move. and they needs to relax before starting next move
GODREJINDGODREJIND has been into parallel channel past 15 yrs.
sideways movement in past 7 years was helpful to cool down the stock as disparity was high
with 2 yr horizon this may be good
