HawkishDove

HawkishDove

MASTEK is giving a 40W BO with good accumulation seen on the charts on daily timeframe. In this current market this stock is showing accumulation. Might be a sign of a leader when market resumes the run. RS Score has improved from 38 on 25th Oct to 70 this week. So in a pressured market, when a stock RS score improves, its good to track it. On top of that we can...

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CENTURYPLY has extreme volume dry up over the past 19-20 trading days. Keeping a SL of 4-5% around 795 gives a good entry as the stock has been in accumulation in prior weeks. Sales has taken a good growth of 9%, 10% and 13% in the last 3 QoQ. This is a trend I particularly look for as beating QoQ in last 3 quarters in upwards trend is rare among stocks. Tight...

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FEDERALBNK is near a daily timeframe BO with good accumulation. This is one of the banks looking good right now, volume dry up is not ideal to be honest near BO, so the setup might be a bit risky. Tightness is though good near the pivot point so can get in here with a 7-8% SL which will be just under the 50 DMA line. HDFCBANK is also under watchlist as its...

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DCMSHRIRAM is showing signs of accumulations over the past 50 days and this week tried a long base BO on weekly timeframe. Considering the market conditions right now, a stock giving signs of accumulations is certainly to be taken note off. Tracking this to see some tightness around this BO level and might get into it if a good pattern forms. RS Score has also...

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HDFCBANK is finally showing a pattern I like to see in a tough market that too. Its in range of <8% from 50 DMA as well so in case it turns, we can keep that as SL level. Did come in the momentum basket screener last week as well. Among the Pvt sector Banks, ICICI and HDFC are the ones holding in overall market volatility. My guess is HDFCBANK might give good...

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AMBER came up recently in my momentum scanner so I looked up some Fundamental numbers as I liked the chart and I wanted to share the same. This looks a like a good scrip to track as it ticks some boxes and gives a good gut feel for fundamental numbers to improve in upcoming quarters. On Relative Strength Scores : 23rd Aug - 50 30th Aug - 63 6th Sep - 65 ...

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CAPACITE is a name I have been tracking for a couple of weeks now and its looking good on all 3 i.e. Daily, Weekly and Monthly Charts. Wanted to show the long monthly base so zoomed out for a monthly chart here. Unfortunately won't be able to comment about Relative Strength scores as this scrip is not part of 750 Stock universe I track on google sheets. But...

HawkishDove Updated 

GABRIEL is testing a long daily base BO and it feels like tightening right now around the pivot level. RS score has not improved much in the last 4 weeks, it has moved from 63 to 69 (750 stock universe considered) Solid EPS growth of 45% can been seen when comparing Mar-23 vs Mar-24 numbers. Considering there is a push from fundamental end, this pivot point...

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MOREPENLAB has given a long base BO on weekly timeframe with good volumes. As chart shows, there seems to be some overhead supply at 62 ahead, but for now seems a decent bet to get in as its moving past a pivot point with good enough volumes.

HawkishDove Updated 

DOLLAR is near a large weekly base BO, almost ~6% away from it. A couple of weeks back good volumes did try and touch that level. As a fan of trying to catch stocks before BO as post BO they generally get extended, this might be that one scrip i am able to screen and check right now. RS scores considering 750 stocks in NSE are as follows : 1st Mar - 53 7th...

HawkishDove Updated 

SONACOMS breaking out of a large weekly base, decent daily volume, would wait to see if weekly volumes go above average as well. If large weekly base BOs are your thing, this might get interesting, keep in the list for upcoming days/weeks as per your interest.

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A little late to track this, should have spotted this as it was near BO last week. Anyways, the stock is at BO pivot point right now and its a large weekly base, So this can be a good entry point for large base weekly BO tracking people. RS score is above 80 now and it has slowly creeped from 62 from last week of March to above 80. So certainly momentum is there...

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VTL nearing a large BO that too on weekly timeframe. I really like looking out for large weekly BOs especially with the pattern on the chart right now. They work pretty well for me as well. Some RS numbers for VTL to see how progression as been in strength: 28th Mar - 56 5th Apr - 50 12th Apr - 59 19th Apr - 59 Despite a volatile week, we can see it holding up...

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GRINFRA is near a large weekly base BO of 85+ weeks and recently broke out of a small weekly base of 34ish weeks. Feels strong and following is the RS score timeline as well : 7th Mar - 28 15th Mar - 32 22nd Mar - 40 28th Mar - 44 Today - 52 We can clearly notice the stock slowly gaining momentum to outperform other stocks in the market. Its now outperforming...

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GENESYS is near BO and attempting BO this week again post the overall market shakeout. Since its a large base BO, I have been tracking it and will see if it tightens up around this level to provide an entry which ideally should increase the odds of success. Since I don't have this scrip in NSE 750 stocks I track for RS scores, won't be able to provide RS timeline for this.

HawkishDove Updated 

HEG attempted BO this week with good volumes. Adding it to watchlist and tracking it closely to see if BO happens in upcoming 2-3 weeks since volumes are positive here. Keep in the list as its a large weekly base. Good probability for some gain if BO happens here.

HawkishDove Updated 

IBULHSGFIN near another entry point, volumes are there. Main question here is "Is this the start of something big here?" Just manage your risk, never get married to any scrip/stock. Let's see how this goes, zooming out to see the potential here made me wonder "wow" for a few minutes. Keep tracking this...

HawkishDove Updated 

Should have caught this sooner, but now that I notice, HAVELLS broke out of a long range BO on weekly timeframe and this week due to volatility is pulling back a bit, one might think its a chance to get in so thought of sharing a few RS scores as well to help anyone consider that thought: 16th Feb - 27 23rd Feb - 30 1st Mar - 36 Today - 41 So the RS scores...