Stockstowatch
Chart Analysis of Multibase (22 Jan 2022)Multibase India Ltd
It is engaged in the business of manufacturing, trading and selling of polypropylene compound
Highest ever weekly volume observed and manages to give weekly closing above 297 levels.
SL : 285 WCB
Only for educational purpose. Not a recommendation.
Chart Analysis of Aspinwall (22 Jan 2022)Aspinwall & Company Ltd
It is engaged in diversified business activities comprising logistics services
Finally manages to give weekly close above 187 levels with increasing volumes
PB Ratio : 0.89
SL : 180 WCB
Only for educational purpose. Not a recommendation.
Advanced Enzymes - Technically PositiveAdvenzymes has taken a dip of about 40% from its all time high of 503.70 on 19/05/2021. However, fundamentals have not fallen to the comparable intensity.
Positive Triggers:
1. Positive RSI Divergence: 2 times positive RSI divergence within short period of time
2. Prices moving up after a healthy consolidation within same range for longer time
3. W Pattern is in formation
4. Handle, from the Cup and Handle Pattern, will be in formation if price move upwards. And, that pattern will be made over a pretty long period i.e., from October 2016.
Key Resistances:
1. 334
2. 350
3. 374
4. 415