NSE:CARBORUNIV has the following features in 1H chart:
In 1H price actually creating a Pool and Flag pattern.
The main point is consolidation after a big volume rise.
Note: during consolidation phase: Volume always remains above the moving moving average.
RSI well placed
Alligator is showing clear uptrend.
Trade: BUY level around 925-920 with a...
AllCargo is really looking good in chart. A pennant is clear.
On the breakout of the pennant (~420) it will go further. The fib extn is shown in the chart.
SL (closing) we can put at ~390 level.
The price took nice support, RSI is rising. Only the volume needs to pickup.
NSE:UJJIVAN is in an uptrend channel.
Concern is: volume is yet to pick up.
So it has the both sides trade possible.
Trade:
BUY above 300, SL: 298, T: 303/306
SELL below 295, SL: 297, T: 292/289
After an uptrend a bearish marubozu candle with bearish momentum is seen.
Most likely it will be a bearish movement.
In case of continuation of trend, giving both side trades as well:
Trade: Buy above 80, SL: 77.50, T: 284/286
Sell below 77.50, SL: 80, T: 82/82
NSE:RAMCOCEM has a rising wedge (ascending triangle) breakout with the ok volume and momentum is also high.
Trade: Buy above 702, SL: 696, T: 707/710
Sell below 695, SL: 700, T: 690/685
NSE:PRECWIRE has the follow features:
A clear rounding bottom consolidation
Then a breakout with a green hollow candle.
Volume is higher than average (vwma)
RSI is entering into 70 (OB) zone.
BUT See the price made a higher high compared to 10th Nov candle, but RSI is low compared to 10th Nov. So, a weaker negative divergence may be forming.
...
NSE:TI is showing bullish price actions:
Technical Reasons:
A double bottom W patten is created
Tried to see if it's a Harmonic XABCD patten, not fully complying with this
Volume is going up,
Current trend is uptrend
Strong Momentum: Price above short-, medium- and long-term moving averages
Fundamental Reasons:
1. FII / FPI or Institutions...
NSE:PCBL is showing the following bullish patterns:
A rounding bottom formation (saucer pattern)
The current price action is negotiating a long term resistance, about to breakout.
Volume is double than the average volume for last two sessions
The price is above the adaptive moving average and in uptrending
Trade: Buy above 144, SL: 140, T: 147/152
...
NSE:EQUITASBNK shows bullishness because of:
A clear rectangular consolidation brakout
High volume
The daily candle is bullish engulfing with the low touching the bottom of the channel (but still able to pass the mid point, near to top channel)
Trade: Buy above 58, SL: 56, T: 65/68
Sell below: 54, SL: 57, T: 51/48
NSE:GRSE - Garden Reach Shilbuilders is showing a good, clear upmove after breaking a rectangle consolidation zone.
In last 1 week's trading session it shows a strong positive upmove with increasing volume build up. Perfect to poise to move towards 550 zone in near term.
Buy zone: 495-505,
SL: 480,
Target: 550
