ABCAPITAL : Increasing momentumBased on the chart pattern and last couple of movements - we should be able to see 124 will be the next immediate target - if sustains current levels.
Few points :
2022-07-18: Crossing 4 week High, Crossing Weekly, and Monthly Pivots Upside. Close is above D-20 SMA but below WK/Month 20SMA. Close crossed D SMA-13 Upside. Normal NR7 - Breakout
2022-07-22: Volume is Monthly HIgh, Trend Changed +ve 2 days Back. Close is above Weekly 20-SMA. The monthly trend is -ve, and the Weekly trend changed to +ve today. Price Crossed Upside Monthly 50-SMA. Also Close crossed Weekly SMA-13 Upside
2022-07-26: ADX is >25 and DI+ is > 33
2022-08-01: ADX is >31 and DI+ is > 37 Close is above 20 SMA on Daily/Weekly time frames.
Please add to watchlist.
Market
20MICRONS -- Will this sustain the move? Looking at the recent move with good support on volumes, if the stock can sustain the momentum and cross the 106-108 hurdle, we can see strong upside movement.
2022-07-18: (72) Cross WK Piv Upside, Doji Star, on Daily/Monthly timeframe Close above 20 SMA.
2022-07-19: Today Volume is highest in past month. Also close crossed Crossing 4 week High, and also Close crossed W13SMA Upside
2022-07-22: Again volume is monthly high, Trend changed to +ve Today. Formed Three -Three-Line Strike candle stick pattern. On Weekly time frame also close crossed 20 SMA. The monthly trend is +ve & Weekly trend also Changed to +ve. On Weekly time frame, SMA-13>34>55. **
2022-07-25: Volume is highest in the past 6 Months. On Daily time frame SMA 13 crossed SMA-55 - From the Bottom. M/W/D RSI>60 - Daily RSI crossed - 3D Bk
2022-07-27: Everything is pointing +ve.
2022-07-28 High on momentum, Bearish Engulfing
2022-07-29 : ADX > 33, DI+ > 32, High on momentum - watch
2022-08-01: (100) ADX >35 DI+> 41 , Crossing 4 week High, Crossing WK Pivot Upside, Candlestick formation: Three Three-Line Strike
-- My analysis is may not be correct - pls spend time on your own research.
Add to watch list.
CENTURYTEX - Possible BOCENTURYTEX - after a month of consolidation trying to break the trendline. Add to watchlist -
2022-07-22 volume is Monthly high, crossed WK High and Monthly-Piv Upside. In Squeeze and today candle stick pattern is Three-Line Strike. in Daily/Weekly/Monthly time frames close is above SMA-20. The monthly trend is already +ve and the Weekly trend is changed to +ve today. Daily/Weekly time frames SMA 13 crossed SMA 55
2022-07-27 (802) Close crossed Monthly-Piv downside. Close is below Weekly 20 SMA.
2022-07-28 Again close is Crossing 4 weeks High and crossed WK & M-Piv Upside. In Squeeze from 3 days. Close crossed Weekly 20 SMA
2022-07-29 Overall Trend Changed to +ve Today. Still in Squeeze
2022-08-01 (843) High on momentum. The trend is +ve. About to break the trend line. --- Watch out.
KARURVYSYA : Sequence of Events - possible further upside Started observing from 18th, when closed at 47.30. (NR7 Breakout)
Entered the trade at 49.50 & still holding (58.7) - HIgh of 60+
18-07-2022: Today Crossed Weekly and Monthly Pivots Upside. On Daily/Weekly time frames Close is above 20 SMA, but on Monthly TF, below 20 SMA. Monthly trend is still -ve, but Weekly trend is changed to +ve. Today Close Crossed Daily SMA-13 Upside. Also Normal NR7 - Breakout
20-07-2022 : Volume is Monthly High. And Daily SMA-13 Crossed D SMA-55
21-07-2022 : Volume is 3-Months Highest. Close crossed 4 week High. On Monthly time frame, close crossed 20-SMA. Trend changed ot +ve on Monthly time also.
22-07-2022 : On Weekly time frame also Close crossed W SMA-13
26-07-2022: Today Volume is the highest in 6 Months. Price Crossed 50-SMA on Monthly time frame.
Very high on momentum and if sustains above 64.25 and breaks 67 - we can see further strong upside moveemnt.
My own understanding -- and this can go wrong (tukka). Please do your own analysis before investing.
AHLEAST - BO possibility? On 2022-07-20 : NR7 - Breakout
On 2022-07-25 : Close Crossed Weekly Pivot Upside
On 2022-07-26 : Crossing 4 week High & forming Doji Star
Currently In Squeeze from past 3 days
On Daily, Weekly, Monthly time frames - above 20 SMA
Monthly trend and Weekly trends are changed to +ve
High on momentum.
Add to watch list- incase if breaks 234.25 and sustains - we can 267 levels quickly.
Please spend time on your own research & analysis before taking any decision.
MANAKSIA - Will it break 6WK High?If the momentum sustains, Looking to break highs of 94 and 96.
Currently trading above D-20, W-20, M-20 SMA's
Also above D, W, M - 50 SMA's
Crossed Weekly and Monthly Pivots.
Current week high = 6 Week Back High.
Once cross this level - we should be able to see good momentum upside.
Pls add to the watchlist and do your own research before taking a call.
THOMASCOOK - will it sustain the momentumTrend Changed to +ve Today with good volumes
Crossing 4-week High
On Daily time frame and Monthly Time frame Close is above 20-SMA.
Price Crossed Upside 50-SMA on Monthly time frame
Also NR7 - Breakout on the upside.
High on momentum.
Add to watch list - trade as per your own study.
ADORWELD - Possible BO after months of consolidationADORWELD -- Looking at the chart pattern and trading data --
The monthly trend is +ve and the Weekly trend also Changed to +ve.
The delivery percentage is increasing and currently avg is 62%
Confluence: 20/50/100/150 - SMA -- all are currently within 2% of close.
Crossed Monthly Pivot levels.
Add to watch list -- possible BO.
VIMTALABS - Uptrend continue Looking at the today's close and current trend of VIMTALABS
Close crossed Monthly Pivots
Stock is out of Squeeze
Closed Marubozu
Also above 20 - SMA on Daily / Weekly/Monthly time frames
The monthly trend is Positive and the Weekly trend is also Changed to +ve
Close Crossed Weekly-13 Upside.
ZUARI - Possible strong upside momentumStrong volume supported by Effort to Move Upside.
Today's volume is highest in the Month
Close crossing 4-week High
Price Crossed Upside Monthly 50-SMA
Above 20 SMA on Daily and Monthly time frame.
SMA 13 > SMA 34 > SMA 55
Close crossed Weekly SMA-13 Upside.
Add to watch list
AJANTPHARMA - On Breakout Good bounce from the support level and about to break out from 4 months of consolidation.
SRT - level is also bouncing from 0.7 levels to 1.0
The past couple of days - strong committed volume with Effort move Up can be seen.
ADX is rising, just out of Squeeze.
Closed Bullish Engulfing
The weekly trend is turned from -ve to +ve.
Daily Close above 20-SMA
Weekly close above 20-SMA
Please spend time on your own research before investing.
AVANTIFEED - Breakout on either sideAVANTIFEED --
For past 1 month - trading in a narrow range (Consolidation)
Trading in No Supply zone. However, any small movement towards the upside is also negated due to No demand.
Trading just above the support line.
In case if breakout upside is above 426.5: the next target is 435 and then 485
If breakout on the downside below 395 -- next target is 324.
Please spend time on your own research before taking a trade.
AMBJACEM -- Breakout soon... ?? Ambuja Cements -- Currently in consolidating phase from past 7-8 weeks with the flat trend.
Currently trading with No Supply - indicates possible up-move.
Also - the during recent market fall AMBJACEM - didn't fall and hovering around the support level.
Need to break 365.25 levels to see upside momentum.
Next targets - 390 / 410 / 433
Please spend time on your own research before investing.