Sagar Cements is making a VCP pattern , with decreasing price volatility as you go from left to right. There has been some promoter buying seen too in recent quarters, plus the company has performed better in last 2 quarters. One can consider buying above 753, with a Stop below 696. Cement sector in India has performed well during recent times, with many...
Technically it is a Triple Breakout at the same point. Breakout from : - Rising Wedge - Inverted Head and Shoulder - 200 EMA
9 week base. 1st test of 50 DMA - chances of holding are high. pocket pivot. 2T VCP - Volatility contraction pattern Triangle breakout. Need to break 160 level for strong upmove
Volatility has been reduced drastically even though general market is more volatile during last week. Long can be initiated above 77.50 with SL of 72.50
UBL SPOT CMP 1297 NEAREST RESISTANCE IS 1308 LEVELS,, ABOVE THAT COUNTER MAY GIVE SHARP UP MOVE OF 5-7-10% ASCENDING TRIANGLE PATTERN FORMATION HAVING RESISTANCE LINE AROUND 1308 INVERSE HEAD AND SHOULDER PATTERN FORMATION HAVING NECKLINE AROUND 1308 VCP PATTERN FORMATION CONFIRMS BREAKOUT ABOVE 1308 LEVELS Long positions can be created above 1310 levels ,,...
After giving 145% return in just 11 weeks stock is under consolidation for last 13 weeks on low volume, Breakout from triangle may give good move ahead. It can be bough at 339 with SL of 318
VCP formation under progeress. It can be bought at 168 level with SL of 157.50
Weekly Chart Breakout from 5 VCP Breakout from multiyear downtrend line.
Breakout from the previous downtrend line. Above 20DMA Brokeout from a 3 VCP Could be one of the flavours in the budget.
A good VCP can be seen on smaller time frame in APOLLOTYRE. It can be bought at 182 with SL of 171
Can be bought immediately if it remains above Rs. 1186.
After a consolidation of 51 days, Birlasoft is trying to breakout of its base with good volume. Buy only when it goes above Rs. 211.
Nice VCP pattern. also a 16 week cup and handle base. gave a BO of upper trendline (early entry) and little pullback the next day. Exact entry pivot is above 263. volume is very quiet. Price at ATH. so open target.
Again VCP with 70% reduction in volatility with reduction in volume. Buy above 1011 with SL 949
VCP. Reduction in volatility by aprox 58%. It can be bought above 926 with SL of 869