AFFLE showing good movement for some time now and today breaks out with higher than average volume. This scrip came in hard on monthly momentum screens today itself, shows that something has been brewing as we can spot some volume spikes on the chart. Recommended to keep an eye out for this as market overall feels extended.
JSWSTEEL breaking out with volumes in early part of the day, today might be strong movement considering already volumes are 40% higher than average and a break out has happened which will attract more people to the stock as it comes up in various screens. Keep in the list.
NOCIL attempting a BO today with higher than average volumes, selling pressure can be seen, most likely is some overheard supply, once that clears out, volumes should move it ahead. Keep an eye out on it.
CESC is showing good volumes at BO and a beautiful cup and handle pattern has also formed prior to BO. Seeing volumes, this is one of the ones to keep an eye out for.
Huge volumes today, with price appreciation. Generally this should be followed up with some consolidation that can be considered as a minor base formation or even a VCP (Volatility Contraction Pattern) before breaking the high created today. Entering now would be a bit tough as it might be overextended. Keep in the list to see if it gives another chance ahead.
LTIM breaking out again with higher than average volumes on daily timeframe. IT index still in an attempted rally, but some IT names are showing strength lately. Keep an eye out on how the IT theme plays out ahead.
HSCL gave a gap up opening post BO the previous trading day. Looks positive, and should be tracked ahead to see if one can have a decent entry point.
IFCI breaking out of a decent daily base with volumes above average and price appreciation as well. Good to keep in the list to see how it moves ahead. Fundamentally stock has mixed results in past 3-4 quarters, so let's see how clean a move we get here.
Tata Consumer is breaking out of a big base in weekly charts, and volume spike can be observed today on daily charts as well.
DATAMATICS Near BO with decent volume spike, 52 W BO, ATH BO. Good Watchlist Candidate to see if it breaks the previous high.
BHARATFORG breaking out of a weekly base with higher than average volumes for the week. 3 out of the last 4 weeks have been higher than average volumes.
RADICO had a long weekly base BO a few weeks back and now its giving a follow up BO on a smaller weekly base. Past 2 quarters have been good for the firm in terms of EPS growth. Good Volumes as of now, looks like will give more movement ahead. Keep an eye out for it.
JUBLFOOD showing signs of emerging out of a bottom formation in the past few weeks. Positives for now are : 10W/40W Cross Higher than average volumes in past 2 weeks Stock has given a small weekly base BO but next pivot is at ~652 which is > 10% away from here. Good to a keep a track of this stock as fundamentally it has had a couple down quarters in...
FCL Showing good movement with huge volumes. Approaching Weekly BO level of ~406, would be good to track if it consolidates before giving another BO on that level, that will give a decent entry point on a scrip showing strength with volumes.
EDELWEISS looks to be taking support around the Long term BO that it did few weeks back. The base was 100+ weeks long and volumes it took to break that shows clearly on the chart. To add to support, 10W EMA is also at that very BO level now, this might be an interesting watch to see if it bounces from here.
QUESS BO out of a 91 day base, second attempt, volumes are indicating this might move ahead. Keep an eye out for it
IPCALAB BO on weekly timeframe, infact its a long weekly base which gives a good probability to move ahead, but the only thorn in the way right now seems is the LOW volume. Volume is lower than average and unless volumes catch on, this rocket won't get fuel to move ahead. Keep an eye out for it.
SUVENPHARMA breaking out of long weekly base with higher than average volume. Please note that 2 trading days are still left in the week and weekly volume is already higher than average. Pharma stocks have been coming up in screeners a lot past couple of weeks (Shared SPARC BO as well). Keep this long weekly base BO on the list.