CSBBANK BO happened end of last week as shown on the chart. One big negative here is that volumes are not above average. Ideally volumes should follow a long weekly base BO. Seeing the banking sector for now, healthy charts like CUB and CSBBANK should be kept in shortlist to see if volumes catch on soon.
ADANIPOWER broke out of a daily base and a long weekly base with some volume catching on. Power sector is heating up since past couple of weeks, keep an eye out on this to see how the week ends in terms of volume and price appreciation.
SHANTIGEAR BO on weekly chart with good weekly volume. Keep an eye on it to see if this BO follows ahead.
LATENTVIEW BO on weekly charts, good volumes. Another level to break is around ~547 so can be a good candidate for revival as scrip has been in a long weekly downtrend.
SPARC BO on weekly charts with good volumes. Seeing the recent pharma bunch move last few weeks, this is a good setup to keep track of if this sector has to move ahead.
EDELWEISS moving up sharply with volumes and breaking out of a small daily base. Note that it took a beautiful support at a long weekly base BO that happened a while back. Keep an eye out for this as this BO might provide some support moving ahead.
NIACL is looking good on this weekly chart, huge volumes coming in and breaking out of a long weekly base as well. Keep an eye on it for further consolidation setup as it might be extended soon.
RATEGAIN recently showed higher volume than average and has tried to BO a couple of times as well. Good time to keep track of it.
WELSPUNIND has given a BO on weekly charts with good recent volumes. Shared this earlier as well when it was near BO, this seems like a good candidate to move further as well.
WOCKPHARMA BO on weekly base, seeing good volumes here and has a lot of room to cover ahead seeing the previous highs.
ITDCEM BO happened on Monday, today looks like holding its level, volumes are decent. Construction as a basket is doing good overall, keep an eye out for this moving ahead. Relative Strength score of 92 (considering 750 stocks universe of Nifty 500 and NiftyMicroCap250) indicates good strength.
GODREJIND trying to BO again from a long base. Biggest worry here is that volume is not heavy and this might breakdown easily as well and result in another failed BO. Keep an eye out on daily timeframe for volumes to see if it catches on.
WELSPUNIND came up in screener with huge volumes in past few weeks and we can see it approaching a huge base BO around 160. Definitely a stock to keep an eye out for as last couple of weeks its moved sideways and retained strength. Number of funds accumulating the stocks has also increased in past 2 quarters, giving the stock good momentum to breakthrough ahead.
ARVINDFASN BO on a large weekly base with decent volumes. Issue here is that this is a third attempt at breaking out and chart seems choppy which is not helping. This might whip back and forth, might be a good try to check daily charts for this to keep a tight SL. Regardless, good volumes, large base and price movement. Checks all 3 boxes to keep track of :)
TCI breaking out with higher than average volumes from a large weekly base. High volume this week moved the price ahead, looking for it to move more.
UNOMINDA BO out of long weekly base, volume is also higher than the past 20 W average.
FDC near a long base BO, making a clear visible cup and handle pattern. Longer base, good volumes, this might take off near the BO area. Keep an eye our for next few weeks.
MARKSANS showing a beautiful chart with formation of a smaller weekly base post breaking out of a huge base as seen in the chart. The past week we witnessed another BO off this shorter base with good volumes. This stock might continue ahead keeping the BO line as support.