TVS Srichakra is trading near 200 EMA on weekly chart with good volumes. Something is happening in tyre space because i can see great volume and price action in all charts(CEAT, Goodyear and JK Tyre already posted). Also forming cup and handle pattern and looking bullish in all timeframes.
Sundaram Clayton forming cup and handle in monthly chart with good volumes. This can be a doubler in quick time since it has momentum. Targets can be close to 6000+. RS near zero line in daily chart.
Jamna Auto forming Cup and Handle formation on weekly chart. Provides great R:R. Can move upto 220-250 levels.
Look at this Amazing Setup UJJIVANSFB ( Weekly Chart) ✅Keep in Focus 📊 + Volume and Volatility Contraction at the resistance + Shakeout candle on Daily TF + Nice Volume Buildup + Trading above Key EMAs + Setting up a low Cheat Entry on Daily TF + Look at the Chart for more understanding
POLYCAB - Failed BO followed by Free Fall ⚠️Must go Through the Chart📊 Sometimes Market can be Ruthless to Those who are not Disciplined Enough. ✅Gave multiple Exit Signals before the Free fall. Did you Read them? If yes then Great! If not then go through the Chart.
📌Chart Explained ⚠️ ✅Add for next week IRCTC + Double Bottom and INH&S Pattern + Above Key EMAs ✅Complete explanation on the Chart
Birla Cable forming cup and handle on weekly chart. Can move towards 320-350 levels. RS is positive along with good volumes on daily chart.
Mayur Uniq forming Cup and Handle Pattern on weekly chart. Any close above 550 on WCB can open doors for big rally. The size of the cup is quite big.
Venky's breaks out of falling trendline. In fact it can be treated as a flag breakout by looking at the chart. RS is +ve. This could move toward 4550 levels and in long term to 6000+ levels.
West Coast Paper is forming cup and handle pattern in daily chart. Currently at resistance point in weekly chart. Once 270 is crossed on WCB, it can move towards 395-400 levels. SL- 200 WCB(200 EMA support)
TBZ forming cup and handle in monthly chart. Can see upside till 140+ levels. Disclosure: This is only for education purpose as i don't trade in jewellery segment as i don't understand the economics at all.
Gabriel India forming cup and handle on weekly chart. Any closing above 134 would lead this to 220 levels. Keep a watch.
Alkyl Amines forming a flag on daily chart. Can move towards 4500+ levels soon.
Indusind bank forming cup and handle in weekly time frame. Any close above 1130 i.e. 200 EMA and 0.5 Fibonnaci levels on weekly chart would open doors for 2000+ levels.
Morepen labs forming Cup and handle on daily charts with very high volumes. This can move towards 105 and further 170 in the long term.
Banknifty is forming inverse head and shoulder in daily chart. Any close above 35700 can open move for 37700 and all time high. SL can be 34000(DCB). Keep a watch on HDFC Bank, Kotak, SBI and ICICI Bank.
JK Tyre forming Cup and Handle Pattern on Monthly chart. Any breakout from here can have a significant rally.
Hindustan Copper can move to 400+. Breakout and Retest. Please check monthly chart for more details.