Multiyearbreakout
Kaveri Seed 6 Yr BreakoutThe entire sector is showing some very good movement on a Red day.
SL: Sell below Breakout Candle.
TGT: Breakdown of 20MA on Hourly chart (on a daily close basis)
BUY RULES:
Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better.
SELL RULES:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Tata Coffee Multiyear BreakoutI am naïve to the chart pattern. This is my first post.
Many of Tata groups' stocks including Tata Coffee are in Multiyear breakout. If you see Weekly chart it's already breached out W pattern and now approaching towards the multiyear resistance of 172-175.
SL can be 138 and Target can be 173.
TATA POWER - 9YR BREAKOUTMoving along with sector.
SL: Sell below Breakout Candle.
TGT: Breakdown of 20MA on Hourly chart (on a daily close basis)
BUY RULES:
Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better.
SELL RULES:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Tata Coffee - 8yr BreakoutHere's a mother or all breakouts. The entire sector is on fire.
SL: Sell below Breakout Candle.
TGT: Breakdown of 20MA on Hourly chart (on a daily close basis)
BUY RULES:
Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better.
SELL RULES:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Multi Year Breakout - Retesting Done (Flat Base Formation) Savita Oil Tech is involved in the business activities of Production of liquid and gaseous fuels, illuminating oils, lubricating oils or greases or other products from crude petroleum or bituminous minerals.
The Stock broke out a multi year resistance with excellent volumes. The stock retraced back to re-test its breakout levels, took support of 50 DMA and bouncing back for new targets. RSI is at perfect levels. The volume is rising from last two weeks.
The company is debt free and has a strong balance sheet. The company has posted an increase in EPS of 52% & 278% YoY in the September & December quarter of FY 21 respectively.
Accumulate for targets of 1200-1300 with SL at 990. Long Term Target 1500.
Feel free to share your feedback and queries.
Multi Year Breakout - Rounding Bottom PatternEris Lifesciences is involved in the business activities of Manufacture of pharmaceuticals, medicinal chemical and botanical products.
The Stock Broke out of a multi year breakout with good volume. RSI is at perfect levels. The stock is bouncing after taking support at 50 & 100 DMA both at the same place.
The Company is performing good continuously. An annual revenue growth of 7% is good & ROE of 22% is exceptional. The Company is Debt Free and has strong Balance Sheet. It has potential to post good numbers in coming years as well. EPS of the Company has consistently improved. FPI have also improved their stake in the company from 10.11% in June, 2020 to 12.42% in March 2021.
Accumulate for Targets of 700-760 with SL at 580. Long Term Target 850.
Please feel free to share your feedback and queries.
Themis Medicare 3yr Breakout with Massive volumesMoving along with sector.
SL: Sell below Breakout Candle.
TGT: Breakdown for 20MA on Hourly chart (on a daily close basis)
BUY RULES:
Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better.
SELL RULES:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
TV18 setting up for a 3 yr Head and Shoulder BreakoutThe chart is self explanatory. Media sector has been quiet for a while, some activity seen recently.
If momentum builds up, this could give a good breakout.
Shreyas Shipping 2yr BreakoutMicro Cap. 250 Cr company. Heavy movement in the sector.
Could be a multibagger. Lifetime high - Rs.850
Tailwinds in the sector.
Baltic Freight Index scaling new highs. This is likely to post stellar results.
HDFC MF has already bought 7% in GE Shipping (6000Cr Company).
(For reference, see the last chart posted for GE Shipping)
Multi Year Breakout - Cup and Handle PatternLupin Ltd. is involved in the business activities of Manufacture of pharmaceuticals, medicinal chemical and botanical products.
The Stock broke out its multi Year Resistance with Cup and Handle Formation on charts. RSI perfect levels of 62.
Fundamentally the Company is performing good and is also expected to better in coming time. Mutual Funds have increased their stake from 11.94% in June, 2020 to 13.05% in March, 2021. The Pharma space is also doing excellent and the expectation are sound.
Accumulate for Targets of 1200-1300 with SL at 1040. Don't Miss it. Long Term Target 1500
Feel free to share your feedback and queries. Do follow me on Twitter for quick updates.
Century Ply 3Yr Rounding BreakoutMoving along with sector.
SL: Sell below Breakout Candle.
TGT: SL: Below BO Candle
TGT: Breakdown for 20MA on Hourly chart (on a daily close basis)
BUY RULES:
Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better.
SELL RULES:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Multi Year Breakout - Retesting DoneJK Lakshmi Cement L is involved in the business activities of Manufacture of cement, lime and plaster.
The Stock Broke out of a multi Year Resistance with good volumes. The Stock corrected thereafter and retested it. The Stock is ready to bounce.
Fundamentally the stock very good. has posted some robust numbers in the past quarters. EPS of the company is growing consistently. Mutual funds have also increased their stake from 16.81% to 19.36%. Insurance Companies have also increased their stake. So the stock is in demand and favored by investors.
Accumulate for targets of 460-500 with SL at 390.
Feel free to share your feedback and queries.
The stock moved around 3% while I was posting this analysis.
USHAMART | Triple bottom | Breakout | Long termThe stock reflects the classic triple bottom pattern which I initially began tracing as cup and handles only to notice later that these multiple back to back cups are actually a triple bottom pattern.
Classic price target {The breakout level + height } has been successfully achieved.
The strong back to back bullish candles with huge volumes and a aggressive MACD supports the long term trend which also confirmed by the 2.5 year resistance level breakout.