UNIVERSAL CABLES NSE:​UNIVCABLES

Price show great rejection near it's support zone & bounce back Refer chart for level

with stops at 290. Tgt new high

Another of the 10 stocks on my list has a short term breakout

Pattern sell entry @ 279.10, Confirmation if stays Below 278.70 for 30 mins. Definition: This is a five candlestick pattern that starts with three strong white candlesticks. The uptrend continues with the fourth higher close. The next day gaps lower and closes much lower than the previous day or two. This may imply a bearish reversal. Recognition Criteria: 1. ...

As can be seen the stock is going strongly moving upwards and is going fast. Advisable to buy on dips. Look for consolidation moves sideways for a couple of weeks to add a bigger position.

CCI(W) crosses 100 Strength Candle Reversal Confirmation BoxBO if crosses 188.80 TGC is true CCI(all) >100 Crossed 61.8 fibo with strength

UNIVCABLES can be entered at current level above 170 road is clear for 190-200

This chart is a nice case study on those interested in identifying support, resistance and breakouts. After a big breakout, price dribbled lower to seek support at the prior highs, that acted as support. Notice the drop in volume during the fall and the pick in volume last week. Interesting stock and I bought a few last week. Will add more on further rise.

consolidating, above 190-197 look for 100 pts move .

stock is in full gear as other birla group companies are in full force this stock can zoom too!!! SL-140/125

The stock has been in a consolidation for a while now. There has been some semblance of buying interest in the past few weeks. The recent price action indicates tight consolidation near a short-term resistance. A breakout past 110.6 would be interesting event to look forward to. Am watching this one for potential long entry.

buy range:70-75 SL:65