HawkishDove

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...

HawkishDove Updated 

DMART also in the pack with an increased RS score, in past 4 weeks score has increased from 17 to 25, not much of an increased to say its in momentum (750 stock universe). But since its near BO, it might take support on 21 EMA and eventually break out of this small base BO and gain momentum. Low RS score is a caution that I can highlight, not very comfortable...

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SAPPHIRE breaking out of a large weekly base this week. In addition it also came in the screener for upwards sloping RS values. Following are the RS scores for the past 4 weeks close: 1st Mar - 27 7th Mar - 28 15th Mar - 35 22nd Mar - 46 Although the RS score is not quite healthy, but in a market like this a large weekly base cannot be ignored as the...

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HDFCLIFE gave a small base BO on daily time frame and now today we can observe a 21/50 EMA cross as well. Another thing in support of this scrip is that its RS score in 750 stock universe has been rising week over week for the past 4 weeks. Data is as follows : 23rd Feb - 10 1st Mar - 14 7th Mar - 26 15th Mar - 33 Only con here that i can think of is that there...

HawkishDove Updated 

Rain Industries has attracted loads of volume these past few weeks, infact I am bummed about this as I didnt catch it earlier. Even then the stock is near a long weekly base BO and even attempted that this last week. For the daring ones, this can be a good bet, for conservative ones, not so sure, Maybe keep a tight SL using the daily charts if that...

HawkishDove Updated 

SOLARINDS is breaking out of a daily base and not only that, but its Relative Strength score has been on an upslope. Data has been as follows: 23rd Feb - 63 1st Mar - 72 7th Mar - 79 Today(At the time of posting) - 86 So strength is there in the BO and RS being above 80 is a positive sign. Keep SL at 21 EMA if you like this chart. Else one should track it to...

HawkishDove Updated 

APLAPOLLO is near BO, 21/50 EMA cross is also about to happen. To add more things to it, for the past 4 weeks its relative performance is on an upwards slope when considering 750 stock universe. Its RS score is still 32 so not much strong yet, so tread with caution.

HawkishDove Updated 

UJJIVANSFB gave a gap up opening today, attempted a follow up BO after a recent BO that broke a long weekly base. Volumes are showing here, this might carry ahead. Good to keep an eye for this if some supply forces it to make a handle before breaking out.

HawkishDove Updated 

Into the new week, CAMS breaking out of a long weekly base, as volumes atttract, this might move further. Keep an eye out for that.

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LINDEINDIA attempted a BO in a weak market breadth today with higher than average volumes. Also, 21/50 EMA cross is happening today as well which is a positive point of support shifting upwards and one can think of using 21EMA as a support now once it crosses or if you are a pull back buyer on support one can wait to take a position at 21 EMA instead. Relative...

HawkishDove Updated 

IBREALEST breaking out of a large weekly base with huge volumes as we can spot on weekly charts. Keep in the list for now and see if it gives a chance to enter at this new pivot support level. Generally large weekly base BO are strong as mentioned before as well.

HawkishDove Updated 

GLS is retaining its strength post BO last week with good volumes. Its gearing up to breach its ATH levels now. Just see how the price takes support on 50 DMA since the 10W/40W cross. If Market breadth stays solid, this could be fun to ride. Keeping in watchlist for now to see if the price consolidates and gives an entry point. I also saw ZYDUS flashing from...

HawkishDove Updated 

PEL on an upwards slope of RS score for the past 4 weeks (Considering 750 Stock universe of Nifty 500 and Nifty MicroCap 250). Although the RS score is just 30ish, but a positive technical cross of 21 EMA and 50 EMA can be observed with it being closer to a small base BO on daily timeframe. Tracking now to see if one can take position if this RS improving streak continues.

HawkishDove Updated 

I somehow just zoomed out and checked the chart of ACCELYA solutions and I was amazed by it. Its slowly moving towards its all time high BO and this might move strong post that, keep a check on this as this scrip has been in the chatter on value research and on twitter as well a bit. Recent BOs have been with good volumes and seem to be sustaining. See if your...

HawkishDove Updated 

This BO happened a couple of weeks back and i forgot to post about this. Volumes here are a big plus and i have seen some twitter handles talking about this as a decent play as well. Entered my radar recently. Much upside ahead, keep a check on this as this play has a lot of chatter and volume to go along with it.

HawkishDove Updated 

RUPA BO with huge volumes above a pivot point. RUPA has come in daily screen for multiple times now and today the volumes have amazed beyond a point. Tracking this now to see if a position can be taken here on a pullback. Keep in the watchlist for now :)

HawkishDove Updated 

NAZARA breaking out of weekly base, volumes are encouraging and next level where overhead supply might kick in with force could be around 1350. Keep an eye on market sentiment, it ideally should be in our favor while taking a position if one likes the setup. Keeping in watchlist for now. :)

HawkishDove Updated 

Long base of 73 weeks, BO in the same week as World Markets fell hard. Might be interesting to see what it does ahead.