ChartSarathi

ChartSarathi

M_MFIN: Mahindra & Mahindra Financial Services Ltd PC-A = PC-B Exactly Same #WondersOfPC Technicals: • Script is respecting the Parallel Channel levels at every levels • Stronger buying volumes • RSI entered in 60 Zone • Relative strength is in Green • Closed strongly above recent high of 235, also the 52 week high • Re traced strongly from the recent low of...

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PRINCEPIPE: Prince Pipes & Fittings Ltd PC-A = PC-B Exactly Same #WondersOfPC Technicals: • Strong retracement from lower support of PC-B • Script is respecting the Parallel Channel levels at every levels • Last candle's close above 580 is conforming the BO for Midline of PC-B • Taller green towers in volume indicating support for stronger breakout, and Rounding...

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AJMERA: Ajmera Realty & Infra India Ltd PC-A = PC-B Exactly Same #WondersOfPC Technicals: • Script is respecting the Parallel Channel levels at every levels • Last candle's close above 330 is conforming the BO for Midline of PC-B and now moving towards upside of the channel • Taller green towers in volume indicating support for stronger breakout • RSI entered in...

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GMDCLTD: Gujarat Mineral Development Corporation Ltd PC-A = PC-B = PC-C Exactly Same #WondersOfPC Technicals: • Last candle's close above PC-C with strong green candle • Taller green towers in volume indicating strong built up for breakout • RSI entered in 60 Zone • Relative strength about to be in green zone Levels for positional trade: Entry levels: Opening...

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APOLLOTYRE: Apollo Tyres Ltd PC-A = PC-B = PC-C Exactly Same The pointing arrows showing how well the script respected the Support and Resistance of the PCs #WondersOfPC Technicals: • Today's candle showing Strength in Bullishness • Taller green towers in volume indicating strong built up for breakout • RSI entered in 60 Zone • Relative strength is in...

ChartSarathi Updated 

ESCORTS KUBOTA LTD #WondersOfPC Technicals: • Today's candle showing strong support for the Parallel Channel • Taller green towers indicating strong built up for bullish view • RSI entered in 60 Zone • Relative strength green Fundamental News: 21-Nov-22 Escorts reveals mid term Business Plan ICICI Securities on Escorts: -FY28 Guidance to increase export...

ChartSarathi Updated 

HBLPOWER #WondersOfPC The last two days strong green candles after the support at Midline of PC, showing strength in coming days up move. We may see stronger BO than earlier one, if overall market movement doesn't fall. CMP is good to enter For Swing trading Strick SL will of 94.5 on closing basis. Target 130

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Rashtriya Chemicals & Fertilizers Ltd PC-B1=PC-B2 #WondersOfPC Technicals: • Strongly Breakout Bigger channel, PC-A at 104 • Crossing strongly above recent Resistance of R1 & R2 • Taller green towers in volume • RSI is in Bullish Zone • Relative Strength is in green • Strong upside move in Fertilizer Sector Levels for position: Entry: 110-115 levels ST Target:...

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Mazagon Dock Shipbuilders Ltd Slope of PC A1 is exact same to PC A2 And in terms of width, PC A2 is exactly of Half to PC A1 #WondersOfPC Technicals: • Strongly recovered after recent retracement • Crossing strongly recent ATH of 888 • Taller green towers in volume indicating strong bullish view • RSI is in 60 Zone • Relative Strength is in green Levels for...

ChartSarathi Updated 

IBREALEST: INDIABULLS REAL EST Technicals: • Triggered breakout of PC-A with strong body candle on 18-Nov-22 • Taller green towers in volume indicating rounding bottom • RSI positive divergence • RSI entered in 60 Zone • A Breakout confirming candle will bring Relative strength in positive The 18-Nov-22 candle triggered BO of PC-A though there is a resistance...

ChartSarathi Updated 

RHI Magnesita India Ltd PC-A = PC-B #WondersOfPC Technicals: • Recently touched high at Point P1 & went down to Point P2 of PC-A • From P2, retraced strongly and entered PC-B with today's gap up, also crossed midline of PC-B • Taller green towers indicating strong built up for bullish view • RSI entered in 60 Zone • Relative strength is green Fundamentals: It...

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SBCL: Shivalik Bimetal Controls Ltd Stock split on 12-Oct-22 This post is just an update for the Original chart idea published on 10-Aug-22 for Breakout (Linked in description) The earlier BO happened on 10-Aug-22, with Gap up at 485-490 levels i.e. 320-325 levels, Ex-split price From there it went all the way to 760 on 3-Oct-22 i.e. 506, Ex-split price. Now,...

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MAHSCOOTER- Maharashtra Scooters Ltd PPFAS has recently added in their portfolio, hence it was in my watchlist. Coming back to charts: PC-A = PC B With the breakout of PC A at 4510, rallied to highs of PC-B, 5245, and retested the support of Midline of PC-B at 4980. #WondersOfPC Today, candle is building strongly, good to enter at CMP of 5175-5185 Coming Target...

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EASEMYTRIP: Easy Trip Planners Ltd In the chart: PC-A1 = PC-A2 = PC-B1 = PC-B2 #WondersOfPC At the time of breakout of PC-A1, candles consolidated in same PC's, then went down and took support at Point P1, which is mid line of PC-A2 and with that Support it Broke out the consolidation. Now, check the same for PC-B1 & PC B2 We had a good consolidation after the...

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TATACHEM The parallel channels drew in the chart: PC-A = PC- B PC-C = PC-D All of the four PCs are exactly of SAME width #WondersOfPC At point R, levels of 1180, candles respected the resistance of ATH, and came down towards 1030. There, the candles got strong Support of point S which is the midline of PC-C, and bounce back towards the levels of point R...

ChartSarathi Updated 

#WondersOfPC Breakout triggered on 12-09-22 with highest recent volumes and Today it confirmed the BO Short term target 670 Swing traders may put SL of 569 And Mid term target is latest ATH 800 One of strong scripts for EV and Green Fuel theme, good pick for Long term portfolio

ChartSarathi Updated 

#WondersOfPC Slope of PC-A1 = PC-A2 And PC-B1 = PC2 This shows DEEPINDS respects Parallel Channel very well With the Breakout (BO) of PC-A1 at 195, price rallied to 277, where it created Highest & Start point of PC-A2 The downtrend from there, Candles remained respected the PC-A2 and price dropped till 177 Now check out this lowest point of 177 was the last...

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PC A = PC B The width of both the channels is SAME #WondersOfPC Today opening above the midline of PC-B is showing the strength for up move and confirming the role of PC-B as Supporting Channel If today script gets strong closure, above midline of 390, we can expect strong breakout for PC-B, upcoming target will be 470 For swing traders, in case okay with the...