Kool_kash

Kool_kash

This is a perfect example of accumulation happened in the last few weeks and then BO in the last week ended 20/02/20 Volatility Contraction Shakeout Consolidation on lower volumes CnH

Kool_kash

Trendline BO + DMI crossover + Stochastic at buy levels. Also, getting good support from AVWAP With a 1% SL, one can aim for a 1:2 trade

Kool_kash

Too many factors to go long in this counter - 1 718 - 722 is a long term Demand Zone ( Check Weekly & Monthly charts too ) 2 Bullish Engulf made today 3 RSI - positive divergence 4 Good Volumes ( higher than average) Keeping a Sl of 14th feb 2019 low, one can go long here for possible targets of 740/760

Kool_kash

TV 18 has clearly formed an Inverted Head & Shoulders pattern and given a BO above 37.25. With stops at 36, once can look to go long for positional targets of 42/ 44. Even on Weekly, theres a clear double bottom

Kool_kash

HUGE BO IN DAILY AND WEEKLY FROM TREND LINE WITH MIN TARGETS OF 33.50

Kool_kash

All details on chart

Kool_kash

Auro Pharma seems to have formed an inverted H&S on weekly. If it closes above 773.59 on weekly basis, then it can zoom to 900+

Kool_kash

2 patterns again seem to have confirmed in Hexaware - C&H break out as well as Ascending Triangle BO. One can initiate longs with T1 - 282, T2 - 292 and Final Target of 340

Kool_kash

Fundamentally good, as Serum Institute increased its stake on friday by buying additional 2% equity through Open Market and chart is super bullish

Kool_kash

This is the best price to buy as it has taken support at crucial support levels, and attempting to go up from here. In the chart I have made an extended follow up move based on assumptions, where it could form an inverted H & S pattern and catapult it higher... Happy trading/ investing :)

Kool_kash

Pharm index is within the range on Daily basis, and taken support exactly at the bottom of the range, which should be some bit of good news. If does not break this, then can expect reversal next week ...

Kool_kash

I THINK ITS A DEFINITE CUP & HANDLE BROKE OUT. THIS CHART HAS BEEN RE-CONSTRUCTED BY ME AFTER MY FRIEND ( AKSEL KIBAR ) HAS POINTED OUT THIS TO ME ....SURELY TARGET COME STO 11161 ON THE NIFTY :) SHORTERS BEWARE

Kool_kash

Contra call in the pharma space, company has good fundamentals...entering into tier II and tier III cities with their generics