KetanM

KetanM

Cummins India closed good above a resistance zone after recovering from lower trendline. Can be good above 951 for intraday long trade. Follow strict risk management.

KetanM

Laurus labs has given a breakout of trendline in hourly TF with good volumes. Also price has made a pattern of an inverted head & shoulder. Volume is also showing good build up in up move with relatively lesser volume during retracement. Looks good above 675, safer above 680 for intraday. Follow proper risk management.

KetanM

LTI chart has shown a very beautiful respect to areas of support and resistance. Many learning points in this chart. 1) Resistance area is the area where selling pressure takes over the buying and price retraces from there until and strong breakout happens with good volumes. Once this happens the same area act as a support. 2) Support area is the zone where...

KetanM

Copper respected lower TL very well which proved to be a buying zone again and moved well, 7% up, in last 3 days. It reached our first target. Visit previous chart in the link below.

KetanM

ICICI bank is trading at its all time high levels. Formed a very good cup and handle pattern recently and closed at high of the day in last trading session. Cup and handle pattern is a bullish price formation. Four stages of pattern formation as originally described by its founder, William O'Neil, are described below: 1) Previous uptrend taking a stock to a new...

KetanM

Copper is consolidating for a while at important resistance level. Also it is at a long running TL corresponding to 100 ema also. Lower TL has become a important buying zone in the past also. Closing above recent resistance can give good up move again. Good price action for learning in this chart: 1) Beautiful respect to lower TL 2) Resistance level became the...

KetanM

Motlilal gave awesome move in last 2-3 weeks and completed the height of the pole in flag breakout pattern in a classic way. Previous charts int the link below.

KetanM

Birla soft has given a nice flag break out after consolidation, near 20EMA period, after recent rally. Today’s volume was also good and has closed near the high of day. Can be good intraday and swing opportunity in this.

KetanM

LTI is trading in a channel since many months. Also forming a cup and handle pattern recently, while also consolidating. Gave good move today and closed at high in recent range. Can be good intraday and swing opportunity from here. Keep a watch on this.

KetanM

Granules chart is showing a strong price action, with strong support and resistance play. Taking a support from important zone now it has reached a strong resistance level with a very good volume. Also have traded in a range since last 5-6 months. It has a very good potential to reach the height of the range, which is also coinciding with all time high level. Can...

KetanM

Motilal gave almost 15% move after flag BO. Looking good to reach the height of a pole. Visit previous chart in the link below.

KetanM

Motilal Oswal has given a nice flag pattern breakout after taking nice support at around 20EMA level and almost 0.382 retracement after previous rally. Volume has also been good yesterday. Good bullish indication for swing and positional long trade.

KetanM

BEL followed head and shoulder pattern beautifully on weekly TF. Took 6 months to reach almost the height of head after nice pullback to broken resistance.

KetanM

Sudarshan chemical has given a strong range breakout with good closing at all time high with good volumes. Can be good for intraday as well as swing buying opportunity.

KetanM

Navin flourine closed strong on Friday at ATH with good volume. Can be good intraday swing opportunity above yesterday’s high.

KetanM

TCS has closed above strong resistance and at ATH level. Also made a multiple rounding bottom pattern as well. Respected 0.382 and 0.618 retracement after previous rally and now has bounced back to close above ATH. Looks good for swing and positional long. Keep a watch on this.

KetanM

Torrent Pharma is trading near its all time high after giving good resistance break out today. Also formed a good rounding bottom pattern. High probability of it crossing the ATH level. Keep this one on radar.

KetanM

NCC has given nice symmetrical triangle breakout with good volumes in last two sessions. Can be a good intraday as well as swing pick for the first target of 100.