Momentum_stalker

Momentum_stalker Updated 

Weekly MACD cross Over Price entered the channel Weekly increase both in price and voluem Caution : Tradign below 200 DMA Buy Above only 625 (above 200 DMA) Target 1: 740 / Target 2 : 800 SL : 580

Momentum_stalker

Rationale : Entered in Box setup, Weekly MACD cross over Weekly RSI trend line cross over Targets : 675 / 750 / 850 SL : 580 (Trailing) ** Ideal Entry above 615 , for more risk avert : 620 (200 DMA)

Momentum_stalker Updated 

Price trading above all key MA's VCP formation on weekly chart Weekly RSI above 70 Almost Debt Free Increasing EPS from 11 years in row Bullish Sign : Day Close near to Day High Sequential targets : 725 / 815 SL : 635

Momentum_stalker Updated 

Continous incrase in FII Stakes Retested 2015 Breakout price of 327.70 RSI is bouncing back from levels of 30 STRICTLY : ENTERY ONLY ABOVE 345 Sequential targets : 368/385/400/420 SL : 323

Momentum_stalker Updated 

ROCE / ROE > 30 PE < Industry PE Debt Free Increasing EPS YOY basis 10/20 EMA Cross over Price breakout after good consolidation. Volmes is high favouring breakout Increasing RSI Sequential targets : 805/845/880 SL : 730 (trailing with targets)

Momentum_stalker Updated 

Rationale : 50/200 EMA cross over Broken year long Channel Sequential Targets : 370/382/405/425 SL : 330 (Will trail with targets) Promoters , FII & DII increasing Stake 4 consequtive Qtr increase in EPS

Momentum_stalker Updated 

RSI > 70 on weekly and daily time frame RSI > 65 on monthly time frame VCP formation on Weekly basis Giving strong base for further movement Broken above 724.30 (2021 High) closing is slightly above it .. If crosses last day high of 731 - we will initaite the buy with stated targets. Sequential Targets : 770 / 810 / 890 / 960 /1020 SL : 690 (Will...

Momentum_stalker Updated 

Promotors / FII / DII - Increasing Stake PE below Industry Level ROE / ROCE higher than Industry Level Trading Above Trend Line VCP formaton Target : 715 / 790 SL : 660

Momentum_stalker Updated 

Trade activate based on closing above breakout level POLE And FLAG Pattern: Healthy consolidation on weekly chart Rising RSI on all time frames Rising volmes on daily chart frames Targets : 430/480 SL : 385

Momentum_stalker Updated 

Broken above channel on daily time frame RSI > 60 (on all time frames) Broken with Huge Daily Volumes RSI broken above trend line TP : 1625 /1700 SL : 1530

Momentum_stalker Updated 

2015 : Potential breakout Crossed with huge volumes but close below 1075.50 today RSI is greater than 70 on weekly/monthly time frame Promotor / FII / DII - Increased stake With Piotroski score 8, its a "zero" debt company Daily chart Snapshot: Three things to observe 1. Good Consolidation 2. Huge Volume 3. RSI trend line broken Sequential Targets :...

Momentum_stalker Updated 

Golden Cross Over Rising RSI > 60 Fundamentally Strong Overall Indian Chemical Industry is improving. Targets : 840/872/911 SL : 790 (Will Trail with SL) (Enter trade only if market sustain green)

Momentum_stalker Updated 

Technicals: RSI > 65 on all time frame Huge Volume on daily time frame Rising price with proper base formation Fundamentals : Promotor/ FII / DII : increasing stake for 3 consecutive Qtrs EPS : Increasing 4 consecutive Qtrs Sequential Targets : 420 / 460 / 510 / 580 / 660 SL : 350 (Will trail with target)

Momentum_stalker Updated 

Potential Breakout of 2015 (#1263) Daily Close above 1263 Movment is healthy on daily chart (Close was near to Day high) Good Consolidation on Daily/monthly chart. Moving in channel (Monthly Basis) Any movement above 1300 will open below targets Targets : 1450/1675/1830/2000/2150/2300 SL : 1230

Momentum_stalker Updated 

Post Election : Nifty has shifted the tracjectory from 1st to 2nd channel and since no looking back. Within a month it moved above 2nd channel trading with increasing trendline. For every fall, top of 2nd channel acted as support.. As on date : 24500 is a strong support, breaking same market will enter 2 channel. Trade cautiously.

Momentum_stalker Updated 

Using weekly chart to show complete picture. (Review daily chart for re-confirmation) Several attempt was made to cross 121/122 range.. 10th June : Stock again toughed the same but close below 11th June : Open above resistance (123) made day high of 130 (Gave away entire day end gain to close at 123 levels) Positive : Still holding above 123 (THIS ANALYSIS...

Momentum_stalker

Using Monthly chart to show bigger picture. Daily Chart: Good consolidation in a range of 248 - 260. Broken above 260 with good volumes Bullish Sign: (Day High 270, Close 267.30) RSI > 70 (On all time frames) Fundamentals: PE below Industry Level ROCE/ROE above Industry Level June Qtr : FII increased Stake Sequential Target : 300 / 330 / 355 / 380 /...

Momentum_stalker

Trade will be active only aboove 318 (Daily Closing basis) Heading towards 2014 Breakout of 314.55 RSI on all time frames above 70 Daily Chart : Good consolidation on daily chart. Broken above level of 293, which now acts as support. Sequential targets: 356/400/445/480/550 SL : 290