GNFC Cmp 703 dated 18-6-2024 1. Trendline BO @ 707 2. Price Rise with volumes 3. RSI BO Buy above 707 target 715-730-745-755-770-790 SL 675 It is just a view, please trade at your own risk.
Long term symmetrical triangle pattern breakout with good volume. Breakout conformed with good volume, retest conformation. If current candle high gets broken, good entry. NOTE: I do my analysis, do yours before trade.
Good volume build in daily and weekly timeframe. Support taken at 200ema except volatility. Breakout of trendline and ATH in daily and weekly time frame with good volumes. NOTE: I do my analysis, do yours before trade.
Canfinhome breaking rectangle pattern with good volume rsi macd crossover seen #target 1100+ after breaking 910 EDUCATIONAL IDEA
Olectra Greentech Limited, a mojor electric bus company, in DTL BO zone. Also anticipation of BO of AVWAP from 52W High.
Radico Khaitan, a major alcohol manufacturer in a very long base(~200 days) Long base = Big Breakout (check recent example Gravita India) -Kind of Inverted Head n Shoulder too -Good shakeout of 200 dema too -Recovered fast from 4th june fall with good vol and price action.
Indusindbank breaking trendline resistance weekly basis with good volume and rsi,macd crossover happening EDUCATIONAL IDEA
Equitasbank breaking double bottom pattern #weekly basis with good volume and rsi ,macd crossover seen #target 116 soon EDUCATIONAL IDEA
Things look really nice on MKR lately as the 3D Demand got tagged and respected quite well. The visible volume range is supporting MKR here quite well and this could be a lovely spot bag one could hold. The BPR above is going to be the only problem for MKR in the future. Going to keep watching it and trying to catch an entry on the lower time frame. I will post...
Monet management related stocks performing good. -yesterday gave wick, hunt down many stoplosses -came out from long base -good shakeout (50 ema)
Granules in perfect Cup and Handle Pattern Volume low in cup formation and spiked on right side of the pattern. Breakout of parallel channel is right time to enter No buy/sell recommendation.
KSB from strong industry Pumps (check how Shakti Pumps, Kirloskar Bros, Roto Pumps are performing) -one simple horizontal line setup. tightness there too. good shakeout
Good volume buildup in daily time frame and in weekly timeframe of of breakout candle. Breakout of parallel channel in weekly and daily time frame with good volume. RSI also conforming breakout. Wait for retest conformation or breakout of current candle for entry. NOTE: I do my analysis, do yours be trade.
Very first base of Stage 2 -Making Inverted Head n Shoulder -Inside bars (Yellow Arrow), indicating consolidating in a range -YoY EPS growing, with overall stores count in India increasing
-Good EPS growth, thats what always look for. -73 days consolidaiton under major resistance, breakout can initiate good above move.
Check railway stocks, how well they are setting up and buzzing loud on twitter. But like only railtel and texrail, as not looking for stocks which didnt breach 4th June bloodbath bar. No regret if they give big moves as I'm following the system. And between these two, railtel is top priority, as: -One simple horizontal line setup (favourite), and consolidating...
Traveling is booming in India post covid. And travel companies are enjoying this piece of pie. -Posted growth YoY EPS growth, OPM% also improving. -Near Major resistance, under which it is consolidating for 50 days (good consolidation) -Good Shakeout, when price went below major ema (here 21 dema) and rally back (also known as MAU&R: Moving Avg Undercut and...
Infobeans has be consolidating for several months, over a couple of years actually. Stock has made a strong accumulation of 400-500 and, now, after about an year it is showing signs of strength to breakout from the zone with some strong volumes. Once the stocks breaks it lower highs and lower lows pattern, it should show some good positive moves. CMP:...