KetanM

KetanM

SFL is trading in a range since almost 4 months. Closed the day at the breakout level with explosive volume. Closing above this range can give good swing opportunities.

KetanM

L&T is trading near strong weekly resistance and ATH levels. Attempting to break out for the fourth time after retracing to 0.382 fibo level post recent rally. Can give good up move if succeeds. Also forming an inverted H&S pattern. Keep a watch on this one .

KetanM

Hdfc amc has respected 0.382 and 0.5 levels of retracements after previous rally. Now bouncing from 0.5 level which is also an important support and resistance zone. Also weekly TF is forming a flag pattern. Potentially this can give good movement in coming days or weeks if flag break outs and sustains.

KetanM

Alkem lab is trading in a range since almost 1 year. Recently consolidating at higher level with good volumes. Closing above the range can be a good long opportunity.

KetanM

IOLCP is trading at an important zone of long run TL and recent resistance. Also cup and handle pattern with price closing near neckline. Recent volumes are also good. This can be good for swing or positional long with target as mentioned, following a proper risk management strategy.

KetanM

Shree cement is at an import level corresponding to TL and support zone and also at 100 daily EMA. Looks good for swing or positional long if closes and sustains above 28240 level. Keep this one on radar.

KetanM

Ultimately Idfc first bank moved from 35 price levels to almost 70 after breakout of long TL. Reached to third proposed target which was previous weekly high point. And how beautifully it respected that resistance and pulled back down till second target, trying to go up again now. Visit previous charts in the link below.

KetanM

ONGC is crossing a good weekly TL and S&R zone. Breaking and sustaining this level can see good move in coming days. Keep this one on radar.

KetanM

Moving almost more than 30% up since break out, Concor almost reaching ATH levels now. Visit previous chart in the link below.

KetanM

Cummins gave almost 30% up move after break out in about a month. Reached to second target with good volume. Seems it has further potential to cross this level also. Keep a watch on this. Visit previous chart in the link below.

KetanM

Tata power moved to the height of the head and completed the pattern. Visit previous chart in the link below.

KetanM

Moved almost 40% up in last few days only and marching to our third target. Explosive Volumes are behind the push. Previous chart in the link below.

KetanM

Idfc first bank moved almost 40% after strong TL break out in last 2 months. Reached to our second target. Next resistance can be the third one if sustains above resistance. Previous chart in the link below.

KetanM

Tata power respected the price action nicely. Crossed our second target, pulled back to the first one and again moved up. Third target would be the next resistance corresponding to the height of the head of pattern. Let’s see. Previous chart in the link below.

KetanM

Once break out the strong resistance, Concor moved almost 20% this week. This reflects the importance of strong support and resistance zone. Visit previous chart in the link below.

KetanM

At very strong weekly TL with good momentum. Can give good move if BO and sustains. Keep a watch on this.

KetanM

Mothersumi closed strong yesterday with good volume at strong resistance. Can be a good long opportunity if it closes and sustains above this level. Levels mentioned in chart. Keep on radar.

KetanM

Mothersumi closed strong yesterday with good volume at strong resistance level. Can be a good long opportunity if closes and sustains above this level. Keep on radar. Levels mentioned in chart.