AkshayAdak

AkshayAdak Updated 

Breakout with above avg. volume and also breakout on 50 days MA. Looks good for long position for short term. This post is for information purpose only.

AkshayAdak Updated 

Expected head and shoulder breakout this week. This is the daily timeframe. 10% move possible as the length of head is 10%. The RR ratio is very good and can give good profit in few sessions. #simpleanalysis This post is for information purpose only.

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This stock is near its resistance and also taking support on big trend line. Fundamentally it is ok type. Not so bad not so good. This post is for educational purpose only.

AkshayAdak Updated 

I'm very excited to share this analysis with you all. Colgate-Palmolive (India) Ltd chart's just made me speechless. This is weekly timeframe. I have heard many time in market that history repeats. And today I witnessed it as I found this. Same pattern, same formation of trend line, multiple time "U" shape formations. The pattern, previous time it took...

AkshayAdak

This setup is on daily timeframe. Stoploss at 0.38 level i.e. below the resistance line of pattern which should act as support now. If the 0.61 level is break the we will get the confirmation that the trend is changed. The uptrend will begin and 52 week high will be our major resistance and the target too. Because it's 52 week high it's strong resistance, so...

AkshayAdak

This post I have created for education purpose for the beginners. This is simple analysis without using any indicator. One should use 30 min timeframe for intraday only just to see what's happening on big timeframe. 30 min TF is not good for intraday and I wouldn't suggest this to anyone. My stoploss would be below the breakout candle also because it is below...

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Bullish setup in CAMS which is fundamentally good stock and a trendy one for last few months. If it test the previous resistance trend line then good buying opportunity with good RR ratio as we can place stoploss below resistance line of pattern or support line of pattern as per your RR ratio or money management. This is my own analysis. Take decision with...

AkshayAdak

Here we can see long wicks at support but the selling volume is increasing on the weekly basis. Nor the bulls nor bears are incharge properly. Let's see where it moves. This post is for education purpose only.

AkshayAdak

Manali petro chemicals is very bullish for last few months and had gave awesome gains. Again a breakout expected in this. Needs nifty support for that and nifty is also looking bullish. This post is for information purpose only.

AkshayAdak

Here we have got the breakout on the weekly timeframe with thick green candle. Let's see how it moves.

AkshayAdak

LTI have taken good support with strong reversal pattern and looks very bullish for short term. Reversal with good volumes, today formed bullish englufing and there is also a money flow index reversal. Very very bullish setup I have got here. Those who are willing to enter, this is the right time. This post is for information purpose only.

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Nifty Media has created the bullish head an shoulder pattern on daily chart . And it has formed in the major down trend and also took a strong support on support line. It is a clear indication of reversal of trend but should watch for coming days Bullish Trend will be confirmed after it breaks the 1636-1646 levels i.e. 0.61 fibo level. This is my own analysis...

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Company is engaged in the business of Pipeline Laying providing comprehensive erection, testing and commissioning of Oil & Gas Pipelines, City Gas Distribution Projects and Operation and Maintenance (O & M) Services. It has advantage as the CNG demand is increasing and so we need infrastructure to satisfy the demand. This company will be benefited. Good one for...

AkshayAdak

Given breakout but the setup has not that good RR ratio. 1:1. If anyone interested then should consider it. The only thing make me willing to take trade as it is a market leadera in Banking and a giant one in Nifty50.

AkshayAdak

I have shared CDSL and Likhita Infra. after breakout and they are performing very good till now. In single day gaved 4% and 5%. Let's see. Today got Ashok Leyland which have given breakout with good volume. The only thing is that we need Nifty Auto support and Nifty50. Right time to enter if anyone willing. This post is for information purpose only.

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Breakout may be seen soon. Moneyflow near 30 on weekly chart. Entry only if take support at 46300 And many other fundamental factors will ride the momentum. Bullish view.

AkshayAdak Updated 

This stock is bullish for last few weeks. It also has a good fundamental potential as it is a smallcap and is a depository. The more people will come in market it will benefit this stock and also the financial litracy is increasing in India. It is a good pick for investing and short term too. We have just got an good opportunity to enter. Those who are willing...

AkshayAdak Updated 

Glenmark has formed a bullish channel pattern. Supports had been taken with long shadows. Buying pressure at support.