1) Breakout above Weekly Trendline Resistance (confirmation after this week close). 2) Reversal from Demand Zone. 3) Momentum Indicators giving good signals. 4) Crossing weekly EMA-30.
1) Trading near Daily Trendline Resistance. 2) VCP Pattern build-up with Volume contraction. 3) Momentum Indicators near to favoring zone. 4) Breakout above 690-700.
1) Trading between approx 16000-18000 Range. 2) Currently trading on Trendline Support around 16000. 3) Also, having subsequent RSI support as of now. 4) Flag & Pole pattern formation can be seen. Closure above 18000 approx may trigger a new Bull run (Target approx 29000). 5) M-pattern formation can also be seen. Closure below 16000-15500 may trigger further...
Technicals: Cup & Handle Pattern breakout. Good Volumes near handle breakout. Showing good Price and Volume strength. Momentum Indicators showing green signals. Safe Entry zone near 552-554. Stop Loss near 531.
Technicals: 1) Consolidation of two years (Stage I). 2) Resistance zone breakout, after two years, with Volatility Contraction Pattern formation (Stage I to Stage II Transition). 3) Breakout supported with Healthy volumes. 4) Momentum indicators giving green signal. Fundamentals: 1) Almost a Debt free company. 2) Paying out good dividends. 3) Posting good earning...
Technical: 1)Consolidation of almost 2 years. 2)Strong weekly close with good volumes. 3)Momentum indicators are looking good on weekly basis. Fundamental: 1)Posting good profit results. 2)Increasing EPS. 3)Almost debt free. 4)Healthy Dividend paying company.
1) Cup & Handle Breakout. 2) Breakout supported with good volumes. 3) Momentum indicators giving green signals. 4) NIFTY AUTO has given weekly breakout. Auto sector stocks should give good move in coming days!!
1) Inverted Head & Shoulder pattern breakout. 2) Breakout accompanied with good volumes. 3) Momentum indicators looking good. Nice stock to watch out for!!
Technical: 1) Flat breakout with almost 5 years of consolidation. 2) Breakout supported with good volumes. 3) Breakout Retest supported with volume dry-up. 4) Momentum indicators all in support. Fundamental: 1) Company is almost debt free. 2) Positive cash flow. 3) Into Tech Niche - (Quality Testing). 4) Posting good profits. Good candidate to study from...
1)Breakout followed by consolidation can be seen. 2)Consolidation happening which is setting up the job nicely for another breakout. 3)Momentum indicators are in support. Worth keeping an eye!!
1)Good Price-Volume action. 2)Broke-out today after few months of consolidation. 3)Breakout supported with good number of volumes. 4)Momentum indicators all in strength.
1) Inverted Head & Shoulder Pattern formation. 2) Good volumes at Right shoulder. 3) Breakout zone 472-474. 4) Momentum indicators showing positive signals. Keep an eye!!
Lets Zoom-in to our Weekly chart shared previously and see what's happening in Sequent Scientific. As mentioned in our previous weekly view, a weekly close below 214 level may result in trend reversal (Downtrend) for this stock. Now, what can we see on Daily chart? 1)Today's close took support around 214-215 zone. 2)Bullish RSI divergence can be seen. Where Price...
Technical: 1)Breakout from Stage I - Consolidation zone after 19 years with good Volumes. 2)Breakout Retest with Volume dry-up. 3)Reversing from 61.80% Fibonacci Retracement. Fundamental: 1)Posting good Quarterly as well as YoY results. 2)Substantial increase in ROCE. 3)Reduced its Debt and approaching Debt free. 4)Positive Cash Flow. Excellent Stock to look forward to!!
Flag and Pole Pattern. Breakout with good number of Volumes. Study Tips: How to Calculate Potential Target for this Pattern type breakouts? 1)Measure the Pole Length of the Flag --> Length AB = Point A - Point B. 2)Place the Pole length above Flag breakout Point --> Length CD. Where Length AB = Length CD. 3)Point C will be our Potential Target Point. **Above all...
Technical: 1)Trading in Channel 2)Morning Star Candle formation at Weekly support. A good sign of reversal. 3)Daily momentum indicators also showing positive signals. Fundamental: 1)Amazing YoY Balance sheet. 2)Increasing YoY Net Profit. 3)Increasing YoY EPS. 4)Increasing YoY ROCE. 5)Almost debt free. Lucrative stock from Investment perspective. Study it!!
In process of Inverted Head & Should Pattern formation (Right Shoulder pending). Resistance around 1.7. Looking good to be accumulated at current levels. Breakout above 1.7, may give a good move beyond. Watch out for it!!
Technically: 1)Broke-out from Stage I - Consolidation (approx. one year) with good number of Volumes. 2)Entered into Stage II - Uptrend. 3)Support around 30 EMA. Fundamentally: 1)Posting amazing QoQ & YoY results. 2)Almost Debt free. 3)EPS & ROCE increasing with good numbers. Great stock to watch out for!!!