Ambuja Cement - Almost Bullish
1) Cup and Handle pattern is almost complete
2) The price has almost pierced the Supply zone
3) Super trend is buy
4) Price is trading over 50 DMA.
5) Cement stocks (commodity) cycle has turned positive.
Once 1) and 2) are completed the stock is headed for its Target of 701.
This analysis is for academic purpose only.
LTTS stock is exhibiting the following :-
1) The stock has returned from 61 % of fibonacci levels.
2) Vol growth has commenced
3) Two days strong candle above 50 DMA
4) STock price has overcome the supply zone with huge volumes.
5) Nifty IT is on the verge of Break out.
Targets are marked on the chart and are self explainatory.
This analysis is for academic...
The stock is exhibiting following
1) Increment in vol on daily chart
2) supertrend is signalling buy
3) Stock has broken the consolidation zone of 85 to 138
4) Stock is trading higher then 50 DMA
Resistances and targets are marked on the chart. this analysis is for academic purpose
The stock has tuned bullish and is likely to resume its uptrend beyond 4920.
1) Supertrend has signalled buy
2) It has several buying zones above 50 DMA
3) Nifty IT has turned uptrend and hence IT stocks are likely to gain going forward
4) FII buying has improved gradually
5) Double Top formation and stock going to test resistance third time and hence is likely...
Stock has formed H&S pattern on the daily chart. it is consistently showing lower highs and lower lows. Trading below 50 DMA.
The stock price will pursue 2733 which is a traditional support. The Coppock curve is also downward trend below zero.
The analysis is for academic interest only
The stock has resumed its uptrend after BO from the consolidation resistance at 221.
If the stock price crosses its Price action resistance line and sustains above 370 (previous swing high and sell zone) on daily closing basis, the stock has potential to rise to targets indicated on the charts.
The analysis is for academic purpose only.
The stock has initiated its uptrend from 50 DMA on 12th May, 22.
It has touched the long term high trendline based on Price Action.
It has broken out with increasing Vol since last 3 days and crossed last Swing high.
It stock price sustains above 83.5 on closing basis, it can reach the Targets as marked on the charts based on Fibonacci extension.
L&T has broken its long term strong support at 1822 and 1550. It has also broken 50 DMA and is trading substantially lower than that. It has formed a Head and shoulder pattern.
If further downtrend will continue, which is highly probable, the stock will reach 1292 eventually.
Academically, one should sell all your holdings and get out of this stock. Shorting...
The script is consistently trading above 50 DMA. It has broken it long term resistance line and has also tested that level. It is all set to BO in near future.
The script will indicate a consistent rise after the BO
The script has broken levels of 1250 third time after making a double top. The script value has come down to test the resistance level of 1250. Now 1250 will act as support and script is poised to rise beyond this.
This is for academic purpose only
The script has 1) Broken 200 DMA though returned back and is trading above the value 2) Exhibites a clear H&S pattern and a huge breakdown candle crossing the neckline.
The trgt levels are marked in the chart. This is for academic purpose only.
VIP Ind is
1) taking support on 50 DMA
2) Long term resistance line is being tested as support.
3) Is trending bullish.
Keeping above in view, the stock is likely to increase.
This is for academic interest and not a recommendation.