CA_Chetanbhasin

CA_Chetanbhasin Updated 

The stock was in a trading range from quite sometime and now breaking out with cup & holder formation

CA_Chetanbhasin Updated 

The stock is on verge of giving breakout of symmetrical triangle. Sustaining above 318 will open for higher targets

CA_Chetanbhasin Updated 

Production continues to fluctuate in the high 90s Bcf/d to low 100s Bcf/d as pipeline maintenance events temporarily curb gas flows Preliminary data showed gas output fell to a three-week low of 100.8 billion cubic feet per day on Thursday. At the same time, gas demand is expected to increase from 91.3 bcfd this week to 91.6 bcfd next week as warmer...

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The debt ceiling drama continued previous week. Top congressional Republican Kevin McCarthy have reached a tentative deal to raise the federal government's $31.4 trillion debt ceiling. The global equity funds faced $4.14 billion worth of net selling, the sixth weekly outflow in a row, as the US money market funds received $39.89 billion worth of inflows. Week...

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Pidilite Ind on daily charts forming cup & holder pattern. The stock maintain support at its long term trendline. Thus, above 2650 the breakout will be confirmed for an upside movement of 150 points.

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Inverted H&S breakout, the stock did bounced post retesting the neckline with volume and thus it seems open for higher levels

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Stock on monthly charts broke symmetrical triangle with by forming cup & holder

CA_Chetanbhasin

Medplus cup & Holder breakout in the stock sustaining above 780 may take the stock to 1000 levels

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SJS Enterprises Ltd is one of the leading players in the Indian decorative aesthetics industry in terms of revenue. It offers a "design-to-delivery" aesthetics solutions provider with the ability to design, develop and manufacture a diverse product portfolio for a wide range of customers primarily in the automotive and consumer appliance industries. DII & Other...

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Dow Jones fell more than 150 points on Friday after weak consumer sentiments added concerns about the health of the US economy. Week ahead The spotlight will be on speeches by several Fed officials and retail trade data, followed by industrial production and several housing indicators. It will be interesting to watch, how markets will perceive the clean sweep...

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Maruti breaches 9000 mark for 1st time in 13 weeks with flag & pole breakout

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Markets a head Dow closed 540 points higher on Friday boosted by a sharp rebound in regional banks and solid jobs report. On the data front, the US nonfarm payrolls and wage growth accelerated more than expected in April indicating that the US economy remains strong despite FED rate-hike cycle. Week a head Inflation figures are scheduled to be released in...

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A Bollinger Band is a technical analysis tool defined by a set of trendlines plotted two standard deviations (positively and negatively) away from a simple moving average (SMA) of a security's price, but which can be adjusted to user preferences. Bollinger Bands are a highly popular technique. Many traders believe the closer the prices move to the upper band, the...

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IEX on weekly charts forming bottom line descending triangle and on the daily charts forming Bullish mat hold

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#Reliance forming #Inverse Head & Shoulder pattern open for targets of 2600+ Dear Readers, How to identify Inverse Head and Shoulders An inverse head and shoulders pattern is comprised of three component parts: After long bearish trends, the price falls to a trough and subsequently rises to form a peak. The price falls again to form a second trough...

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Rites on the verge of flag & pole breakout after retracement of Symmetrical breakout.

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Week a head for Markets #Data Heavy #Earnings Heavy Earnings season have kicked off and next week in US: Microsoft, Alphabet, Facebook, Amazon, Coca-Cola, Visa, Boeing, Mastercard, and Exxon Mobil set to announce the results. Earning reaction Indian markets on Monday will first react to Reliance Industries and ICICI Bank quarterly numbers announced over the...

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Domestic and global market wrap up March on positive note, Dow rose more than 400 points while the S&P 500 and Nasdaq added 1.4% and 1.7%, respectively. Whereas, Indian markets ended FY23 on a strong note with nearly 2% jump on Friday. Stock markets will remain closed for two days this week on account of public holidays. exchanges will not function on April 4...