Cleaneasycharts

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...

Cleaneasycharts

ICICI Prudential is showing Cup & Handle pattern. A break-out will see price moving towards ATH and thereafter 820 as second target. Other parameters: 1. Volume is increasing 2. RSI is above 60 3. MACD is making green histrograms "Clean Chart, Easy Chart" Learning and Earning!! Cheers!!

Cleaneasycharts

Suven Pharmaceuticals Ltd is showing a bullish momentum: Volumes - Increasing EMA 10/20 - respecting and price has now moved above it RSI - Above 60 MACD - Positive "Clean Chart, Easy Chart" Learing and Earning!! Cheers!!!

Cleaneasycharts Updated 

KPI Energy is into Solar Power Sector. It has recently got commissioning certificate for 4.10MW wind-solar hybrid project. TTM sales and Net Profit is highest, resulting in EPD of 33. Borrowings have increased, which is evident from the new commissing plant news. With the plant now being commissioned, we can can expect increase in revenue, and profitability. We...

Cleaneasycharts Updated 

L&T Finance is a NBFC, having lowest PE in peer group. EPS is on a rise, with June'23 Quarter showing higher every profit. With festival season coming up, the disbursement of funds are expected to be rise and so the top-line and profits. Fib-retracement is an important concept which provides that generally a stock retraces from 0.5 - 0.618 levels, the most...

Cleaneasycharts

Tata Power Techincally is showing a uptrent making higher high and higher low. If we draw a trent line, the movement should respect the same and move to higher target. RSI and MACD is positive on weekly time frame. Fundamentally, Tata power is great longterm stock - with power stations, batteries, EVs, the future looks bright and we can see a longterm value...

Cleaneasycharts

Company is the largest manufacturer of large size plastic drums with a market share of ~60% and its 75% revenue comes from pakaging. Though the EPS and Profit has very marginally come down on QoQ basis, if if go purely by indicators: 1. MACD close to getting green 2. Touching top BB 3. Volunes increasing We can expect the price to move up towards its targets....

Cleaneasycharts

HAL, a defence sector company has seen a steady increase in P&L and top-line. EPS has increased from 97 in 2021 to 180 in 2023. With Govt. push on defence sector, HAL will play a major role. From Technical side, HAL is showing a bullish flag patter, and is currently in consolidation phase. The next move is expected once the flag resistance i.e. ~4000 is broken....