Today Bharat Petroleum has reclaimed the 50-day moving average . The stock closed 6% up on a 498.7% greater volume than the 50-day average. Rising stocks often rebound from their 50-day lines as big investors You may want to keep an eye on the stock for further supporting actions. Disclaimer - All information on this page is for educationaland learning...
KEEP IN RADAR : FOR GOOD ENTRY * Today, CUMMINSIND stock closed 7% up Greater volume than the 50-day average. A leading stock that moves up in heavy volume. A signal that big institutions are accumulating the stock.
Stock has given a strong breakout today. And the volume activity is favourable also. Can be added more on retest of breakout level.
Shot up on earnings with massive volume. Tested BO zone and closed above last high on Daily and weekly chart. Sector on the move. SL: Below Breakout Candle. TGT: After a vertical move, breakdown of 20MA on Hourly chart (on a daily close basis) BUY GUIDANCE: Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the...
The last week's Doji candle with heavy volumes near breakout is a strong indicator that this scrip is going to blast in the next few days, as this indicates absorption volume. Entry: Buy when it starts cleaning out the Doji on the upside. SL: Below Last week's Doji Tgt: Wait till it gives a close below the Hourly 20 VWMA (on a daily closing basis)
Polyplex made a base on base. Consolidated on low volume for 8 sessions before BO. (which confirms the BO) The entire sector moved in the last week. Hopefully the momentum will continue this week as well. SL: Below the BO candle. TGT: Don't sell until it breaks Hourly 20MA.
Heavy volumes near Breakout. Could break out next week.
Three year breakout on weekly charts with volume is there in Hester Bio. Buy till 1940 for 2400/2500/2600. Invalid below 1850 on weekly closing basis
Welspun india has given bullish price volume breakout above 75-77 range. Keep sl of 75 on weekly closing basis and ride the momentum for good upside
MRPL has given classical INVERSE HEAD AND SHOULDER BREAKOUT above trendline of 40 levels. Buy with stop loss of 40 on weekly closing basis for target of 55 and then 80 if 55 levels taken out decisively. Price is supportive with hefty volumes
Blue Dart has made good trend reversal on weekly n monthly charts. Price are supported by heavy volumes plus fundamental are strongly supportive. Price is currently in overbaught zone so accumulate on dips till 4000.