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...
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 earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a...
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...
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
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.
nice 15 week base with volatility contraction i e VCP. also a triangle pattern.
it broke upper trendline with pocket pivot.
volume shows good accumulation within the base.
good for 15-20% move with SL around 77-76
9 weeks flat base.
VCP pattern. volatility contracted followed by BO on strong volume
Fundamental reason is eps growth of 168% in this quarter
strong volume
On weekly, Price contracted beautifully and step wise. Volatility contracted which is eventually being followed by expansion.
Great quarterly results.
12 weeks flat base.
symmetrical triangle.
Upper trendline BO with volume.
Volume action in base suggests accumulation.
8 weeks flat base.
3 T VCP : good volatility contraction.
Extreme volume contraction.
434 is 100 WMA so probable resistance.
Target - 420 at least i.e. 200 WMA.
After a 122% Move in Last 10 weeks and a 259% move from its 52 Week low. Ester went in to a 4 Week Consolidation which is generally a good sign, Post Breaking out of this Base on 16th September it reversed and came down for 2 Weeks and then came the breakout again on 5th October which was stronger than the first one as the weaker hands were out after the first...
Inside Weekly Bar Formation - Week A volatility is 10%, Week B Volatility drops to 5.2% and Finally Week C is 3.6%. The stock went tighter in terms of movement meaning there were very limited sellers in the stock. All bars were inside the body of the previous one
The stock is in a major uptrend and has been in a corrective phase in the past few weeks. The recent price action over the last few days indicate that selling is drying up and the stage is probably set for an upward spike. I would be interested in this stock if I see the anticipated spike up in price, accompanied by higher volumes.
Am watching the price action closely.
