Cleaneasycharts

Cleaneasycharts Updated 

Hero Moto Corp has broken cup and handle pattern. With all other parameters we can expect the first target of 3700. Other parameters: 1. Volume is rising 2. MACD is positive, above the line and making green histograms 3. RSI is above 60 "Clean Charts, Easy Charts" Learning & Earning!! Cheers!!!

Cleaneasycharts Updated 

Asian Paints is making an inverse head and shoulder pattern. Once its crosses the neck, we can see the price movement to 3700-4000. Other factors: 1. Large Cap - we can see movement in large caps now 2. MACD positive 3. RSI above 60 4. Volumes increasing "Clean Charts, Easy Charts" Learning & Earning!!! Cheers!!!

Cleaneasycharts Updated 

TechMahindra has made double bottom and once the neckline breaks we can expect a movement beyond 1550. How to trade: Option 1: we can trade now as it is following 20EMI till the neckline i.e.1311 and then once it breaks the neckline we increase position size Option 2: Let's wait till neckline is broken (conservative) and we can also wait once it breaks neckline...

Cleaneasycharts

Dalmia Bharat is making inverse head and shoulder and also a cup and handle formation. We can see price movement to 2900-3700. We can see a inverse Head and Shoulder pattern and a technical target pf 2900. And if we a longish Cup and Handle pattern, once we get confirmation, we can see price moving to 3700. Other factors: 1. RSI is above 60 2. MACD is...

Cleaneasycharts Updated 

Infoedge (Naukri) was making higher highs and higher lows, and upward move. However, it broke the pattern and moved down with support at 4066. Once we move to a lower time frame (hourly), we can see that it was making Lower High and Lower Lows, however, such channel was broken with a big green candle. Now once the stock breaches 4287 and sustain with one hourly...

Cleaneasycharts Updated 

Container Corporation is showing cup and handle pattern on daily chart. It has broken the patter with green candle and one more confirmation candle above that. Then with market pressure has come down. It has now again started an uptrend and once it crosses the neck, it should move to 820. MACD & Volumes and RSI (improving) are positive signs. Clean Chart, Easy...

Cleaneasycharts Updated 

India Cements making cup and handle and a triangle breakout on a weekly time frame. Let the cup and handle give confirmation on daily basis. We can expect the price to move to 350+. Other factors: 1. MACD becoming positive, ready to make green histograms 2. RSI moving up "Clean Charts, Easy Charts" Learning & Earning!!! Cheers!!!!

Cleaneasycharts Updated 

Eicher Motors, on hourly time frame we have seen breakout - pennant breakout. We can expect the price to move to 4300-4500. Other paramters: 1. MACD is making green histograms 2. RSU is positive above 60 3. Volumes are increasing "Clean Charts, Easy Charts" Learning & Earning!!! Cheers!!!

Cleaneasycharts Updated 

SunTech Reality is showing a trend line break-out. The price of ~420 is an area of confluence - trend line break-out and weekly resistance breakout. Price closing above this will lead the price of higher targets. Volumes - increasing RSI - Positive MACD - Positive Realty sector is any case continuing its momentum, and we can expect the price to move...

Cleaneasycharts Updated 

Thomas Cook is showing a flag pattern break-out. It is also at ATH, so a breakout from that will push the price above. The RSI is above 60, and MACD is improving (If you MACD at weekly time frame it is already positive). Travel industry has again picked up, and we can expect a good QoQ growth in this segment. We can expect a price jump to ~150. "Clean Chart,...

Cleaneasycharts Updated 

Trent is on a rising channel. Currently it is consolidating under a flag pattern, and is like to move to 2500. The business of Trent is also growing with more disposal income with people and good affordable brands under the belt of Trent. This can be taken for long term as well. Currently, an upside of 20% is seen. "Clean Charts, Easy Charts" Learning and...

Cleaneasycharts Updated 

Dr. Lal Pathlabs is showing a supper bullish cup & handle pattern. A breakout will lead to close to 30% increase. Other parameters viz. high volumes, RSI above 60 and MACD making bullish green histograms. Let the patterns breakout and we have a green candle, we can take a position. "Clean Charts, Easy Charts" Learning & Earning!!! Cheers!!!

Cleaneasycharts Updated 

SunTV has broken out of cup & handle patterns. With rising volume, RSI and positive MACD, we can expect a rise in price. The next resistance looks to directly at 800+ on DTF. We can expect a target of 800+ here. For understanding when to consider a cup & handle breakout, please refer to my other suggestions or please send a msg and will happy to explain. "Clean...

Cleaneasycharts Updated 

Ashok Leyland is the second largest manufacturer of commercial vehicles in India in the medium and heavy commercial vehicle segment. It also supplies bullet proof vehicles to Indian Army. YoY good performance - top-line has increase substantially, EPS is 6 for TTM. Ashok Leyland is also showing a flag pattern - rise - consolidation - break-out - rise. Flag...

Cleaneasycharts

Ashok Leyland had now rested as per Fibonacci levels. The stock is also testing the trend-line. A break-out of the trend-line with volumes with lead the upward journey again. Other factors: 1. Positive news - Ashok Leyland bags orders for 1666 new buses from Tamil Nadu Govt. to be executed between November 2023 and March 2024 2. RSI diversion - moving...

Cleaneasycharts Updated 

Tata Steel is showing a cup and handle pattern. There could be a pull back and then take a ride to 154, as per the technical pattern. Volumes are increasing. RSI is above 60 and MACD is showing green histogram. All parameters are ticket, so we can see a movement upwards. Simple and Clean Chart !!! "Learning & Earning" Cheers!!!!

Cleaneasycharts

IIFL is showing a flag pattern breakout - a bullish pattern. With increase in volumes, RSI above 60, MACD making positive histograms, the stock looks to be bullish. We can expect a target of 775++, increase of 20%. "Clean Charts, Easy Charts" Learing & Earning!!! Cheers!!!!

Cleaneasycharts

Biocon is showing cup and handle pattern. It did crossed the neck line, however, couldn't sustain. The cup and handle pattern resistance is neckline and to have a successful breakout, there should be a green candle which breaks neckline and thereafter, a subsequent green candle closing above that candle. In Biocon, that subsequent closing above the breakout...