I just posted a chart on HUL making a descending triangle pattern and will try to link that idea to the sector chart. . As we can see the CNXFMCG tried to breakout of the previous resistance and failed to do so. With tata consumer rallying recently , HUL could follow the suit and FMCG sector could push out to make new highs in coming days. IF it fails to sustain...
Auto Ancillary sector on the move. Moving along with sector. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ 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...
Auto ancilliary sector is starting to move. This is setting up nicely after the last failed breakout. Hopefully the volumes are in the offing. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close...
Suggested by @monkmaxims Most Textile sector stocks are breaking out of their bases. This is setting up in a flat base for 6 months on good volumes (Monthly chart shows ATH volumes). Hopefully we'll see a breakout soon. Moving along with sector. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle /...
Auto Ancilliary sector is showing good movement. Look out for follow up volumes. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ 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...
HFCL from the same sector has given a good all time high breakout. This won't stay far behind. Sector on the move. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis) BUY GUIDANCE: Never ever...
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...
SL: Below Breakout Candle. TGT: SWING TGT: Breakdown of 20MA on Hourly chart (on a daily close basis) POSITIONAL TGTS: 70, 80, 84, 90, 111 BUY GUIDANCE: Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better. SELL GUIDANCE: Selling in Profit: Sell earlier in the session when the prices are higher,...
EXCELLENT FIND BY @monkmaxims Agro Chemicals sector is on fire. Most of its stocks are breaking out. SL: Below Breakout Candle. TGT: 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 better. SELL GUIDANCE: Selling in Profit: Sell...
BN is showing a clear H&S pattern. Look for price action near the daily trendline/neckline.
Here'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...
Metals are zooming already. This has shown some volume activity last week. Watch out for follow up volumes and strong daily closings. 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...
Moving 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...
The 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.
PSU stocks have started moving. Very good and safe bet.
Been trading in a channel for 9 years. Given a 4 year breakout. MCap 50,000Cr. PSU Stock. Iron Ore. Metal sector is firing on all cylinders even in a weak market. Very safe bet.
Micro 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)
Tailwinds in the sector ahead. Due to Baltic Freight Index scaling new highs, this is likely to attract large investors. HDFC MF has already bought good stake in the company.