TEGA BO on daily timeframe, forming inverse H&S pattern, and giving a decent base BO. Volumes are positive and price is moving above a pivot point. Keep in the list for this week and hopefully for weeks ahead.
QUESS BO from a smaller base, volumes show that this might be end of bottoming process and the scrip might move ahead. BO this week is a positive indication for the same.
SIEMENS BO on daily charts, huge volumes today, price has moved above a pivot as well. This might act as a new support moving ahead. Earnings strength is decent and buyers are looking to get in here as charts can show a v-shape curve, has move quite well to be honest. Keep in the list for the remainder of the week.
GRANULES is showing strength with good volumes and is moving towards a long base BO, it would be interesting to see if volumes follow when it tries to BO above 381. Watching it for now.
First day into the week and JUBLPHARMA not wasting anytime, on track to beat average volume and gain price ahead. Keep in list for the week, Pharma sector has been a bit hot for the past month, only risk here is if the broader market goes in correction then the stock might shakeout.
CUB BO on weekly timeframe coinciding with 10W/40W cross as well. One of the few banks showing good volumes and price appreciations. Keep an eye out for this :)
VIPIND came in the screeners recently as volumes have been attracted here. Giving a minor BO here, 21/50 DMA cross would be good if it follows up from here. Stocks relative strength is still poor but the way volumes have come here these last days, it seems like a reveral. Keep an eye out for this ahead.
YESBANK BO with volumes, large base formed. You know the buyer interest is serious when weaker names like YESBANK are showing strength and breaking out of large bases. Banking is getting some serious investors now looks like. Keep on the list with other previous names shared : SBIN and ICICIBANK
GLAXO showing good volumes these past few weeks and price has followed it quite well. Its breaking out of a large weekly base (80+ weeks), lets see if this follows the large BO trend. Chart suggests clear buyer interest here, This BO pivot level can be taken as the next support here.
TCS BO on weekly charts, Long weekly base. Fundamentally strong in IT index. Volumes are there as well. Many Large IT names coming in 1 month momentums near pivot points. Nifty IT Index ETFS might also be a decent proxy play if one wants exposure to all these strong IT names together.
Another Long Base BO of 60+ weeks. And that too in IT sectors. CNXIT is talk of twitter for now. IT names had to pop up. As always, volumes -> Check, Price appreciation -> Check, Long base BO -> Check Fundamentally, it hasn't been at its best, but has handled last few quarters well. Let's see if the IT story is actually in a turnaround in these market...
TINPLATE is near a long weekly base BO. In my experience, Long weekly base BOs are highly successful BOs and one should keep an eye out for that. Fundamentally firm has had a good last quarter, but previous quarters before that were not good. So this might be a turnaround play fundamentally. Came in 1 Month Momentum Screener. Keep in list to see if BO happens...
VRLLOG BO on a weekly timeframe. It did break out from a large weekly base previously but then broke down. Last 3 weeks it has broken both level as indicated on the chart and this week it gave good volumes as well. Came up in screen for 1 Month momentum, lets see how this rolls further. Fundamentally stock hasn't given good quarters recently. So not sure about...
IT sector is building a momentum for now and constituents of IT index are showing strength. MPHASIS is one of them I studied a while back, it rides on pretty heavy financial clients majorly US banks, and seeing this BO makes one think if this can follow up ahead. Momentum certainly feels to be creeping in.
ICICIGI BO from a large weekly base, volumes are there, this BO is happening post a gap up which happened a few weeks back. Good candidate to move ahead and follow from here.
CAMLINFINE is trying to fill the earlier gap down opening, filling this and moving ahead is important for this scrip to get more attention ahead.
BIKAJI BO on daily chart with decent volumes. Good strength on the chart and earning also seem to be good in the last 4 quarters with good growth.
CHALET BO on daily chart, just see the huge volumes on this, Previous day pushed the price ahead, clear markers of some big fish or institutional entry here. Keep a track of it and see if any entry makes sense.