Aayush_Rungta

Aayush_Rungta

Mastek share seems to have formed an Inverse H&S pattern. It will be interesting to see if it follow the book and raises back to its previous high from here. Note: This is not an Investment advice. Only for educational Purposes.

Aayush_Rungta

Aurobindo Pharma has been trading at a steep discount to its ATH recently. Its recent quarterly earnings, and decisions regarding acquisitions and then their cancellation were not perceived well by the market. After a long period of Lower Highs and Lower Lows, The share seems to be making Higher Highs and Higher Lows now in recent 2 waves. I am curious to see if...

Aayush_Rungta

NALCO seems to have been trading in this parallel channel for some time now. I am curious to see if it can sustain above this price level from where it had fallen before to take support and revisit the level now again. It is not an Investment Advice. Only for Educational Purpose.

Aayush_Rungta

This caught my eye while doing my routine of finding shares at near support prices. Very curious to see the next few candles if the bounce sustains or share price dips to trigger Support Zone 2. Only for Educational Purposes. Not an Investment Advice.

Aayush_Rungta

Trendine support and demand zone reached RSI showing mild bullish divergence A convincing bounce at this level could lead to further upside. Only for educational purpose

Aayush_Rungta

RSI > 50 MACD Cross Support Bounce Expecting some upside.

Aayush_Rungta

BASF is one of the chemical sectors pioneers of India. Recently during the drag in this sector, the share fell from its all time highs and has reached its trend support. the last 2 days have witnessed a healthy bounce and I am curious to see if it can move in the trend again

Aayush_Rungta

HCL Tech is one of the leading IT companies quite similar to Wipro and Infosys. It seems it has reached the trendline support and shown a healthy bounce of 4% in 4 days The share dragged because of lower than expected quarterly earnings and PE wise, it is trading at 27 while TCS, Infosys and Wipro are between 34-36 region. TCS has made a similar pattern as well...

Aayush_Rungta

Price seems to have given a breakout with good volume. Lets see how this works on short time frame. I am a bit weary since the price may give a small pullback and retest resistance levels but it is equally likely that it may just go a little further from here before cooling. Only for research purposes.

Aayush_Rungta

The old resistance trendline has not been turned into a support trendline and it will be interesting to see if it tests the new resistance trendline again after a bullish bounce. Only for research purpose.

Aayush_Rungta

Shree Cement has been trading in a sideways channel for a long time now and has reached the demand zone. I am curious to see the results after EMA 9,21 confirmation or after taking a partial position here. RSI has reached 30 levels and MACD Divergence seems decreasing as well. A strong bullish candle can increase conviction in the swing. Only for learning purposes.

Aayush_Rungta

The chart is self explanatory. The price often pulls back to smart money entry levels before rising again. I am just testing out something I learnt recently. Only for educational purposes.

Aayush_Rungta

1. MACD cross 2. RSI recovering from oversold 3. Trend support acting as key level It is still not very clear if the trend retest is successful but I expect TCS to slowly give some upside from here. For educational purposes only.

Aayush_Rungta

1. MACD cross successful 2. RSI in bullish territory 3. Trend Support acted as a good bounce Cyient seems to be in a good position for some upside here. Lets see! For Educational purposes only.

Aayush_Rungta

1. RSI rising from oversold region slowly 2. Trend Support reached - Bearish momentum decreasing slowly 3. MACD cross due It will be interesting to see if HUL can give some upside here. Only for Educational purposes.

Aayush_Rungta Updated 

It is clear that the share price of CYIENT increases in the band of 10-20% based on Earnings Calls. This Quarter, we have already seen the positive earnings report from Infosys, Wipro and Mindtree yesterday i.e. 13th October. CYIENT is expected to release its earnings today i.e. 14th October Considering the strong performance by the company in recent 4 quarters...

Aayush_Rungta

Canara Bank has a strong PE ratio advantage followed by increasing stake of Institutional Investors in Sept Quarter It recently broke out of its Traingle Pattern and has shown some upside. I recommend buy on dips and hold for gains in mid to long term. The P/B Ratio is below 1 and there is less risk involved comparitively as PE ratio is also half of that of...

Aayush_Rungta

RPSG Ventures is an Indian Co in the IT sector It has witnessed unusually high trading volumes in the recent months in spurts which have been synonymous with 25% upside In the short term, we can see that the size of red candles almost decreased to a Doji and the share gave signals for a pullback from .628 level with a strong green candle. The volume during the...