About: Sasken is a specialist in Product Engineering and Digital Transformation providing concept-to-market, chip-to-cognition R&D services to global leaders in Semiconductor , Automotive, Industrials, Consumer Electronics, Enterprise Devices, SatCom, and Transportation industries, etc. Located in India, the company has presence all over the world Technical...
1. 2021 High Breakout. 2. Huge Breakout Volume. 3. Aggressive New longs in Futures. 3. Increased Deliveries. 4. Huge Volume Activities in last couple of months. 5. Strong Relative Strength and RS inclined up (meaning Stock continues to outperform benchmark). 6. Net Alpha of 42.71% from ARS date 7-March 2022.
Price is nearing its 52 weeks high with 7.1x above-average weekly deliveries. With ARS & SRS Positive during almost 10% correction, VEDL could be a good Medium Term bet.
- Swing High / ATH / Monthly Pivot R1 Breakout - Good Breakout Volume - Outperforming S&P500 in 3m & 6m TF - Spread Chart Breakout - Good Q2 Results posted by AAPL Good opportunity for a swing trade
ASALCBR Associated Alcohols & Breweries Ltd Chart Structure: - After listing in Feb'20, the stock is in an upward trend since Mar'20 - Stock right now is consolidating after making an All-Time High. - During the consolidation, the stock has taken support multiple times near previous resistance and Avg. Buy price of last Huge Accumulation. Volatility...
Bharat Electronics Ltd. Chart Pattern: - Rounding Bottom Pattern Breakout - Price consolidating after breakout - Price at ATH - Price once came below the previous ATH levels, but didn't sustain even a day. Previous ATH levels now act as strong support for the price. - Price closed yesterday at ATH after crossing the previous swing high. Relative Strength: -...
Tatva Chintan Pharma Chem Limited is a manufacturer of a diverse portfolio of structure Directing Agents, Phase Transfer Catalysts, electrolyte salts for batteries, and Pharmaceutical and Agrochemical Intermediates, and other Speciality chemicals. WHY IT MIGHT GIVE A GOOD MOVE NOW: Tatva's IPO's QIB was oversubscribed by 185.23 times. Meaning, institutions...
- Price coming out of Range contraction - Accumulative volumes being witnessed - 1.7x weekly deliveries last week - Increasing Relative Strength - Stock outperforming its sector & Nifty50 in every timeframe except on 3m (due to stock being on a breather) - Quarterly results have been positive for since the last 6 Quarters. - Another positive Q2 will incite price...
- Sector Index Breakout - Sectoral Spread Chart Breakout - Sectoral Spread Chart 50ma crossover.
~ Swing High Breakout - ✓ ~ Price Close at ATH - ✓ ~ Positive Spread Performance in all Time Frames - ✓ ~ Spread Chart Breakout - ✓ ~ RS+ & Increasing Relative Strength - ✓ ~ Huge Qty (61.71 lac shares) Delivered on 17th Sept. with Avg. VWAP of 189/- ~ Good Volume Activity during Breakout - ✓ Good Stock to Study & Keep Eye on.
IEX (Indian Energy Exchange) - Swing High Breakout - ✔ - Good Breakout Volumes - ✔ - Huge Accumulation & Price activity a few days before - ✔ - Spread Chart Breakout - ✔ - RS+ & Strong Relative Strength - ✔ Other points to note: The new Electricity (Amendment) Bill 2021 delicenses State Monopoly on Electricity. Which is now open to competition from all...
Volume & Deliveries: - Huge Accumulation was done on 15th & 16th June with 4.79 lac shares delivered (2.39 lac/day) while Avg. before was 17.2k shares per day. - The POC of Rally between 20th July to 4th Aug is around Rs. 272/- - Post Rally, 12.56 lac shares delivered with Avg. 2.51 lac shares per day just before dry volume consolidation. - Between 20th July &...
Chart Structure: - Price broke out of a Darvas Box Consolidation on May Mid. - After little consolidation, it again went up to All-Time-High range & consolidated again for a bit. - Price broke an All-time-high and rallied again. - Since Darvas Breakout, the stock rallied around 88% - Post Rally, the stock has been consolidating again and took a 14% breather...
- Stock in Uptrend - ✓ - All Time Breakout & Pull Back - ✓ - Huge Volume During Breakout - ✓ - Accumulative Volumes before Breakout - ✓ - Previous swing High Breakout - ✓ - 4.6x delivery volumes during breakout - ✓ - Promoter group continuously buying shares - ✓ - Stock Outperforming Nifty & its Sector - ✓ - Spread Chart Breakout - ✓ - Increasing Relative...
Let us study ALLCARGO Logistics for Positional Investment prospects. Chart Structure: - Price has broken out All-Time-High of 2018. - Price has crossed the previous swing high above ATH. - Stock is in an uptrend since May. Volume & Deliveries: - Huge deliveries had happened in July & August near ATH Range. - From 19th July to 4th Aug. 2.04 cr. shares were...
Excellent Example of POC at work. - Huge Accumulation Happened on JSL between 8th & 22nd July. - Price remained Sideways and started dropping. - Price took support exactly at the Point of Control (POC) of Huge Accumulation days and retraced back up. What is POC? It is a Point of Control. It tells us the average price at which maximum volume activity happened...
Chart Structure: - Stock is in a continuous uptrend since May. - Currently, the price is near the All-time High Range (It might close at ATH) - Price is around 2793.45 at the time of the study. Volume & Deliveries: - Huge accumulation has been seen in the second half of July. - Around 9.48 lac shares were delivered during the period with an average delivery of...
Chart Structure: - Price came out of Darvas Box consolidation on 17th August. - Consolidation was happening from May to August. - After the Range breakout, the price took a little pullback. Volume & Deliveries: - During the consolidation phase, many days with positive volume activities were witnessed. - Average Deliveries were 10.79 lac shares per day before...