AkshayAdak

AkshayAdak Updated 

In Nifty Metal, today Bullish Engulfing have been formed. And also gave breakout from the handle of the cup. The pattern is small tough. Let's see how it goes. We may see breakout from the resistance line soon. Let's see. This post is for information purpose only. Just sharing my own analysis.

AkshayAdak Updated 

Company came up with superb Q1 results. Technically also looking bullish. Strong pullbacks in last few candles after breakout. This post is for information purpose only.

AkshayAdak

Neutral for now. This post is for information purpose only.

AkshayAdak

Stock in uptrend since listing cause the fundamentals are very strong and growth is very much impressive. Future is bright fundamentally and so that looks technically too. Let's see does it give breakout or breakdown. The only one thing that is the wicks upper side in current pattern are long. That should be also considering point to took a trade. Even if it...

AkshayAdak

In this Birla Corp. stock we have witnessed multiple breakouts in bullish trend for almost now a year. This trend line is now a major support. These are the multiple points where an investor or trader can take entry and can efficiently plan a strategy and do money management. And price action makes analysis simple and easy to understand and is least...

AkshayAdak

This is one of my favourite stock. Finally it have gave breakout from a long consolidation phase in a falling wedge price action pattern. This pattern have took 1 yr and gave breakout. Momentum looks very strong as it also has a seen hugh volumes that haven't came for almost a yr now(last time on 14th sep). Let's see how much time it takes to test it's all time...

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This is Daily timeframe. Make or break situaton has occured in Likhita. But with help of volume it seems to be more on bullish side. In coming days we will get the trend confirmation with breakout or breakdown. This post is for information purpose only.

AkshayAdak Updated 

Today gave breakout with +5.79% forming a thick green candle. Closed above one of the major short term resistance. Volume not that good but ok. Above average. Let's see how it move further. This post is for education purpose only.

AkshayAdak Updated 

BOM has crossed 0.61 fibo level. Trend changed with hugh volume support. Major resistance at 30.30. Bank have also turned from hugh losses to profit in last 2 years. So positive outlook for future.

AkshayAdak Updated 

This is 1D timeframe. This stock took yesterday a very strong support at very big trendline( 1+ yr on daily TF). Yesterday's wick is very big and it indicates that it wouldn't go down that easily. Sellers tried but cannot take it down. Today it shows hugh momentum and moved +20% up. I tried to find but I can't find any important news as such that it took it up...

AkshayAdak Updated 

This is how how I analyse the trend of stock and their pattern formations. This is just my analysis of a trend of a stock Dmart. I'm not a proffessional trader/pro trader. This post is just for information purpose only.

AkshayAdak Updated 

Havells is consolidating after making 52W high in Jan. It has bounces back from short term support. Maybe Q1 numbers will also affect it in any side. Keep in mind. Bullish momentum may be seen after breakout. Post just because I like to share my analysis. This post is for information purpose only.

AkshayAdak Updated 

"Nazara ka ab Nazara dekho" Breakout today with good volumes. Small consolidation at support is over. Last two candles are thick. Looks impresive. IT sector is rallying for last few days. Keep this one in radar. This post is for information purpose only.

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AkshayAdak Updated 

Near major resistance and now make or break situation. Looking bullish on daily TF, but not that strong on Weekly TF. So now I'm in wait and watch situation. This was my first video on Tradingview platform. Hope you like it. This post is for information purpose only.

AkshayAdak Updated 

This stock has the superb fundamentals and looks very good on chart for swing trading. Double bottom formation is near to complete if it gives breakout. Majority of buying done in last few days. A good momentumeis expected any side, mostly up move as per price action patterns. This post is for information purpose only

AkshayAdak Updated 

IRCTC gave today breakout with 9% move in single day. Good volume on daily chart. Not generated here as the week have 4 more days to go. It is today at ALL TIME HIGH. There is risk when trading in stock which is trading at all time high. So if I enter I will keep STRICT STOPLOSS. Stay cautious as the money flow index have turned downwards, that's not a good...

AkshayAdak

This one is making confusing moves (for my understanding) on daily chart. Candles looks pretty but volume of last 2 day declined. Candles showing uptrend but this may be false breakout. If volumes are generated good in coming days then good buying opportunity. This is not a high beta stock. This post is for information purpose only.

AkshayAdak

Amara Raja Batteries Ltd looks bullish technically on Monthly timeframe. Analysis is price action based. It gave breakout in Oct on this TF. And for the past few month it is coming back to previous resistance line. Now this month is forming green candle and may start moving upwards. From the recent low to high I see support above 0.5 fibo level which...