-Stock breaking out of an ascending triangle pattern. -Formed an inverted H&S as well. -Breakout on strong volume. -Bullish cross on MACD. Not an investment advice. Do your own due diligence. Disclosure: Invested.
-Triple top with confirmation. -Breaking down of a long falling wedge. -Bearish cross on MACD. -Bearish divergence on weekly RSI. -Bearish divergence on weekly stochastic. Not an investment advice. Do your own due diligence. Disc: Short Nifty PE 10600 Sep.
-Breaking out of a rising channel on the downside. -Triple bearish divergence on Stochastic. -Bearish divergence on MACD. -Bearish cross on MACD. -Bearish engulfing candlestick. Not an investment advice. Do your own due diligence.
-Pharma sector seeing some strong momentum. -Lincoln Pharma broke through a resistance. -Fundamentally strong company. -The stock broke out of a bullish pennant today. -Breakout on high volume. -Stock also broke out of inverted H&S and cup & handle patterns on weekly charts. -Can see the stock going to around 340 from here. Not an investment advice, do your...
-The Midcap sector showed great realitive strength yesterday when the Nifty was down and Midcaps were up. This happened after a long time. Weekly chart -Sector breaking out of a falling wedge pattern on the weekly chart. -Found support at 50% Fib retracement. -Bullish divergence on stochastic. -Converging MACD lines. Daily chart -Bullish divergence on...
-Bullish wedge breakout on the weekly. -Bullish divergence on daily MACD. -Bullish divergence on daily RSI. -Breakout on high volume. Not an investment advice. Do your own due diligence.
-Head and Shoulder Breakdown failed and reversed. -Stock broke out of a falling wedge. -Breakout on high volume on 5 min chart. -Bullish cross on MACD. -Stock holding up nicely above key support. Not an investment advice. Do your own due diligence.
-Rising wedge pattern. -Two consecutive bearish pin bars candlesticks. -Rally on low volume. -Stock on the upper end of Bollinger Band. Not an investment advice. Do your own due diligence.
-Stock broke out two days ago on 4x the average volume. -Sustained the breakout on heavier volume despite a steep fall in the market. -Highly likely that the move sustains. Not an investment advice. Do your own due diligence. Disclosure: Invested.
-Beautiful Ascending Triangle formation in Relaxo Footwears. -MACD turning bullish. -Volume action not looking great, so I'll wait for a break on high volume before going long. Not an investment advice. Do your own due diligence.
-Stock gapped up today but sellers took control instantly. -Stock broke down from a rising wedge pattern. -Bearish MACD. -Bearish volume. -Bearish Stochastic. Not an investment advice. Do your own due diligence.
-Stock up over 10%% since last post. -Options action suggests that the uptrend will last for a while. -It broke out of a channel on heavy volume and may continue moving higher.
-ITC forming a falling wedge. -Stock has broken out of falling wedges nicely in the past. -Stock showed great relative strength yesterday despite the market being down close to 1%. -Bullish divergence on Stochastic. Not an investment advice. Do your own due diligence.
On the weekly chart. -Breaking out of a falling wedge. -Bounced off a strong resistance. -Bounced off 0.618 Fibonacci retracement. -Bullish divergence on Stochastic. On the daily chart. -Bullish divergence on the RSI. -Bullish divergence on Stochastic. -Bullish divergence on MACD. -Bull cross on MACD.
-Sun Pharma closing in on a long-term downward trend line. 10 touches on the trend line and 1 failed breakout. -Stock looks overextended with a mean reversion likely around the corner. -Stock moved out of the upper Bollinger Band. -Long term downtrend. Not an investment advice. Do d=your own due diligence.
-Stock broke out of a falling wedge pattern. -Breakout on high volume. -Bullish cross on MACD -Bullish cross on Stochastic along with bullish divergence. Not an investment advice. Do your own due diligence.
-PVR broke out of a bullish wedge. -Breakout on high volume. -Bullish cross in Stochastic. Not an investment advice. Do your own due diligence.
-Broke out of a small inverted H & S pattern and held the retest. -Consolidating nicely in a bigger inverted H & S pattern. -Nice volume action. -Long term ascending triangle. -MACD Bullish cross. Not an investment advice. Do your own due diligence.