AARTIIND breaking out of a large daily base with good volumes, came up in the monthly momentum screener, Volumes are just flowing for now. Won't be surprised if this pivot level it broke out of becomes the support for upcoming months.
LAURUSLABS gave a weekly BO last week, and has followed up with strength this week. Good volumes and price is moving now.. Keep in the list for this week
IRCON BO today, last few days, it has filled a gap down with volumes -> Positive sign Breaking out of a decent base for 2nd time, 1st time BO can be said was kind of a shakeout, so now hands have changed and this BO may be more healthy as its a new attempt. Keep in list for the week.
TEGA BO on daily timeframe, forming inverse H&S pattern, and giving a decent base BO. Volumes are positive and price is moving above a pivot point. Keep in the list for this week and hopefully for weeks ahead.
#Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or support 15-minute candle. (S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support) (This Analysis and idea is based only on support and...
Attached is the Bank Nifty chart showcasing key support and resistance levels alongside the CPR for both daily and weekly timeframes. Support and Resistance Levels: The chart highlights significant support around the 47705 mark and notable resistance at 48148 and 48101. These levels have demonstrated consistent importance in recent sessions. CPR: Daily and...
Attached is the Nifty chart showcasing key support and resistance levels alongside the CPR for both daily and weekly timeframes. Support and Resistance Levels: The chart highlights significant support around the 21308 mark and notable resistance at 21515 and 21604. These levels have demonstrated consistent importance in recent sessions. CPR: Daily and weekly CPR...
SIEMENS BO on daily charts, huge volumes today, price has moved above a pivot as well. This might act as a new support moving ahead. Earnings strength is decent and buyers are looking to get in here as charts can show a v-shape curve, has move quite well to be honest. Keep in the list for the remainder of the week.
First day into the week and JUBLPHARMA not wasting anytime, on track to beat average volume and gain price ahead. Keep in list for the week, Pharma sector has been a bit hot for the past month, only risk here is if the broader market goes in correction then the stock might shakeout.
Has opened flat and taking support from 21390.00 has sustained above 21390-21400 1.Till now has been a sideways market,may be some cooling after a strong trendy bullish week. 2.If Bank Nifty also start trading above 48000 again,can expect also a bullish momentum in Nifty. 3.If able to sustained above 21425.00,quite possible that 21515/21527 may be seen upside,...
VIPIND came in the screeners recently as volumes have been attracted here. Giving a minor BO here, 21/50 DMA cross would be good if it follows up from here. Stocks relative strength is still poor but the way volumes have come here these last days, it seems like a reveral. Keep an eye out for this ahead.
YESBANK BO with volumes, large base formed. You know the buyer interest is serious when weaker names like YESBANK are showing strength and breaking out of large bases. Banking is getting some serious investors now looks like. Keep on the list with other previous names shared : SBIN and ICICIBANK
Breaking above the gap will give good returns + the price is now at R2 (Resistance 2) Pivot support - Safe play I feel But hold on - It's your hard earned money at the end of the day, so don't follow anyone blindly - Do your own analysis 📌
GLAXO showing good volumes these past few weeks and price has followed it quite well. Its breaking out of a large weekly base (80+ weeks), lets see if this follows the large BO trend. Chart suggests clear buyer interest here, This BO pivot level can be taken as the next support here.
TCS BO on weekly charts, Long weekly base. Fundamentally strong in IT index. Volumes are there as well. Many Large IT names coming in 1 month momentums near pivot points. Nifty IT Index ETFS might also be a decent proxy play if one wants exposure to all these strong IT names together.
Another Long Base BO of 60+ weeks. And that too in IT sectors. CNXIT is talk of twitter for now. IT names had to pop up. As always, volumes -> Check, Price appreciation -> Check, Long base BO -> Check Fundamentally, it hasn't been at its best, but has handled last few quarters well. Let's see if the IT story is actually in a turnaround in these market...
TINPLATE is near a long weekly base BO. In my experience, Long weekly base BOs are highly successful BOs and one should keep an eye out for that. Fundamentally firm has had a good last quarter, but previous quarters before that were not good. So this might be a turnaround play fundamentally. Came in 1 Month Momentum Screener. Keep in list to see if BO happens...