Volumepriceanalysis
KAJARIA CERAMICSThe stock dropped 50% from the peak. Then it formed a bottom and tried to move up. It moved above the short-term moving averages. But every push upward was met with supply. Then we saw a small range to absorb the excess supply. Then the stock moved past the 200 DMA. Now it is making Higher High and Higher low. The Relative strength, Buying Pressure and Moneyflow are positive. The buy waves have started to dominate. The stock looks poised to move up further.
EDELWEISS - Moving to the Next Orbit?Stock continue to making Higher high and Higher Lows. A small consolidation and then a Break of structure with a high volume Bullish wide spread up bar. Relative strength, Money Flow and Buying pressure lending support. The stock seems poised to move in to the next orbit.
EVEREADY - POISED FOR A UPMOVEThe stock fell about 45% form it's last Peak. Then an attempt to move up and more than two months of consolidation . Now making Higher Highs and Higher lows and moving past the short term moving averages and the 200 DMA. We can see strong momentum and bullish volume and increasing Relative strength. Money Flow is positive. The stock looks poised for a good up move.
BALAJI AMINES - STEPPING INTO STAGE 2 ?The leading amine manufacturing company stocks had seen a huge down move of 50 to 60 percent. Of late many of these stocks have seen smart recovering. Leading stocks like alkyl amine, Vinati organics etc. crossed above the short-term moving averages. 200 DMA and moving up. Another stock in the group Balaji Amines has also started moving up now. After making a bottom it is now started making higher highs and Higher Lows. It also crossed above the short-term moving averages. The last few sessions we saw a huge momentum coming in with a huge Buy Wave pushing the stock above the 200 DMA. We can see that the relative strength and the absolute strength are also positive with the money also flowing into the stock. Now it is safely out above the 200 DMA with all other parameters looking positive. There is also good committed buying seen looking at the delivery volumes. The current momentum is likely to push up the stock further along in line with the other main amine manufacturing stocks.
Endurance Techno - Good Price and Volume ActionNSE:ENDURANCE Made Beautiful Chart Structure today before Results Next Week with Good Price and Volume action.
Keep in the Watchlist.
NO RECO. For Buy/Sell.
Disclaimer: "I am not a SEBI-REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER."
This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
EDELWEISS - Setting up for a good up move?One more interesting chart for study. This stock was pushed down from the top by almost 50%. As you can see, as the stock was dropping, the buy waves were getting stronger and stronger and they started dominating. As you can see, now it seems to be on the recovery path. It has gone above the supply line and moved past the short-term moving averages and also the 200 DMA. We can see marked increase in the buying pressure. Also, there is a very good volume support coming here. The Relative Strength and Money Flow are positive. Now we can see that there is a break of structure in both daily and weekly as well. The stock seems to be getting ready for a good up move and could see 140 levels as a minimum. But at this juncture, we could see a retest of the 200 DMA levels before moving up further.
CDSL - Poised for good up Move ?CDSL, another interesting chart for our study. The stock was pushed down almost 48 percent from the its high to below 200 DMA levels and also the short-term moving averages. Then it started recovering. Now it is making higher highs and higher lows on the weekly chart as well. It has gone above the short-term moving averages and the 200 DMA as well. We can see the buying waves are getting much stronger. Also, the buying pressure has been quite positive for some time. Right now, the relative strength and the money flow also have turned positive. Now it seems the stock is setting up for a much bigger move and could see 1900 levels. A pull back to the 20 SMA will be the ideal opportunity for entry.
Disclaimer: This is only for learning purpose and not a recommendation to buy and sell.
Kiroloskar Brothers - An Interesting ChartSharing an interesting Chart here. As you can see the stock had a massive drop of nearly 40 percent from its high and it was pushed below the 200 DMA. Then we saw some strength coming in and it started consolidating for the last two months and it was moving in a range. Now we can see that the buy waves have started to dominate. Also, the volume remained low during the consolidation or the accumulation phase. Now it has started to increase now. The stock is at the edge of the accumulation zone and we can see the relative strength, absolute strength and money flow are positive. However, the stock has not started trending up, it has to break above the consolidation zone. Now it has moved past the short-term moving averages and the 200 DMA as well. The stock is very interestingly poised. If it breaks out of this consolidation zone, then it could see 2400 levels. However, as we all know this may not be the right time given the current circumstances and also we are expecting the results next week. In fact, Q3 results were quite robust and the same robust results could continue pushing the stock up. But we need to wait for the current situation to resolve and also it may be a better idea to wait till the results are out.
Anant Raj Breaking Key Levels after Giving Box Breakout.NSE:ANANTRAJ today gave a good close above key levels after giving a box breakout previously With Good Volumes and Price Action.
Now Looking Good for a Swing Upto 950 and 1000 Positionally.
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Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
Policybazar-A rounding bottom pattern of ATH breakoutPolicybazar has formed a beautiful rounding bottom pattern and is now looking strong for a strong bullish trend.
Stock belongs to new age startup category and investing has more risk associated compared to bluechip stocks.
ATH breakouts are usually explosive and can be considered for quick swing trade as well.A similar pattern was observed in Zomato and stock has given good returns since then.
Idea is just my personal opinion and not a recommendation.
BEL Trying for a Reversal NSE:BEL is Trying to make a Reversal on the Daily Chart with today's heavy inflow as it's now gonna be part of the Nifty 50 which will attract more passive funds chasing it, although a breakaway gap is yet to be filled below the accumulation zone let's see if bulls can defend it a close above 315-317 Levels will confirm that they defended it and further upside can be seen.
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Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
Breakout With Heavy VolumesNSE:ABSLAMC today broke out Major Levels and was able to close above it, on the back of good guidance of future growth and Brokerage Reports of NSE:HDFCAMC
NSE:ABSLAMC is a joint venture between Aditya Birla Capital Ltd and Sun Life AMC. The company offers Mutual Fund services, Portfolio Management services, offshore services, and real estate offerings. It is one of the largest non-bank affiliated AMCs in India managing an AUM of ₹6002 Billion under its suite of mutual funds, portfolio management services, and offshore and real estate offerings.
A Close above 800 will be crucial before the Q2 FY 24-25 Results are out. If the results are on the expected line, 900 will take no time.
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Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
SEQUENT SCIENTIFIC : Swing Trade#SEQUENT #swingtrade #breakout #momentumtrade #trendingstock
SEQUENT :
>> Momentum Stock
>> Trending Setup
>> Volumes Dried Up
>> Good Strength in Stock
>> Good Risk Reward
Swing Traders can lock profit at 10 % and keep Trailing
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Disc : Trade Ideas shared for Learning Purpose, not a Trade Recommendation
Morepen Lab - Bullish Flag and Fibonacci RetracementMorepen Lab has formed a bullish flag pattern, and today it has successfully broken out.
The price has retested the Fibonacci level at 38, where it formed a bullish piercing pattern, signaling potential upside momentum.
Price take support of 50 period EMA.
Additionally, this level coincides with a significant demand zone on the chart, suggesting strong buying interest. Keep an eye on this stock for further upward movement
PARAG MILK RR 1:5Parag Milk Foods is a well-known dairy company in India, recognized for its wide range of milk and milk products. They offer products like cheese, butter, yogurt, and ice cream, catering to both retail and institutional markets. The company emphasizes quality and sustainability in its operations, often promoting its use of advanced technology in dairy farming and processing.
good volume and there is chance of rate increase in milk and milk product which improve margin.
GOOD RR
CMP: 200
TARGET : 335
SL : 169 CLOSING BASIS
TATA TECHNOLOGIES LTD FALLING WEDGE BREAKOUTTata Technologies Limited
It has shown Termendous breakout with
3 weekly higher high closing candles which will lead to two big green candles in short term-
for a target of 1400.
Then it will consolidate before starting next leg of run-
For target second that is of 1830.