Momentum_stalker

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

Momentum_stalker Updated 

Movement above 500 can lead to stated targets. SL : 440 (base) (Will trail acroding in line with Targets

Momentum_stalker

Long term Break out of 2010 Volume Breakout on Daily Chart. Sequential Targets : 330/360/421/470 SL : 270

Momentum_stalker Updated 

Trade will be valid only if closing above 410 Broken above the channel 2007 Breakout FII and Promoters have increased stake Continous Increasing EPS.. Target : 500 SL : 395

Momentum_stalker Updated 

Rationale :: Nifty Metal is out performing Nifty 50 on all time frames. NALCO is outerperoring Nifty Metals on all time frames. Trade above 50 MA At the lower side of Channel RSI broken the downward Trend Target : 208 SL : 185

Momentum_stalker Updated 

Broken Above channel with good volumes Target : 435 SL : 367 Ideal Situation : Entery above 400 and SL : 390 (On Closing basis)

Momentum_stalker Updated 

Brokern previous highe of August 2023 with Volumes. Year on Year increasing EPS Continous investments in enhancing capacities Follow up run can be seen..

Momentum_stalker Updated 

CUP & HANDLE FORMATION ON CHART MONTHLY TIME FRAME Sequential Targets : T1: 640 T2: 745 T3: 835 SL : 560 (Will Trail as per targets)

Momentum_stalker Updated 

Broken long downward trendline on May 29 with volumes. However 300 is still posing resistance. Stock tried to break it again 30th May but failed.. If daily close above 300 we can surely see a run ..

Momentum_stalker Updated 

Good Bullish Candle on daily basis Trading above crucial resistance of 351 Spent good time within range of 332 - 351 which give strong foundation (332 was long term resistance) Strong Bullish Indicator : RSI > 60 (Daily basis) RSI > 70 (Weekly/Monthly basis) Sequential Target: 400/425/480 Stop Loss: 351 332 (For more bold friends)

Momentum_stalker

Daily Charts : 2nd July : Broken above 140 with good Volume, however closing was at 139 3rd July : It has maintained the closing above 140 This is a positive sign. On daily charts we can clearly see the contraction. Indicating move is not sudden and stock has taken good time making healthy foundation. Sequential targets :...

Momentum_stalker Updated 

2018 Breakout 2021 : Made high of 746.80 but closed below 2018 high 01st July 2024 : Broken above 2021 high / closing above 2018 high. RSI > 70 Weekly/Monthly time frame Broken above the channel on daily time frame Sequential targets : 800 / 890 / 1000 / 1130 SL : 741

Momentum_stalker Updated 

Montthly chart is used for bigger picture. Pls review on daily time frame for confirmation. SL will trail as per the targets (BASE: 85)

Momentum_stalker Updated 

Moving in channel Trading at the bottom of channel Sequential targets: 380 / 395 (Gradually till the top of the channel) SL: 340 (Will trail with targets)

Momentum_stalker Updated 

Growing Company, Increasing EPS from last consequtive 5 qtrs FII have Increased Stake. TRADE WILL ACTIVATE STRICTLY ABOVE 700 (Day Closing Bases) SL: 650 (Will trail in line with Targets)

Momentum_stalker Updated 

Using monthly chart to show the long term break out Today Broken 24 years high (40.38) with rising volumes. Past week it has made strong foundation near it 2018 high of 38.35 Sequential Targets : 46/57/64/77/84 SL: 38 (Will trail with targets)

Momentum_stalker Updated 

Resistance : 400 1st Target : 425 (2018 Breakoout) 2ndTarget : 450 (2021 Breakout) SL : 385

Momentum_stalker

If able to hold above 100 on daily closing basis, we can target 120 which is its 2007 high Move beyond 120 will opeb below sequential targets. 140 / 160 / 190 / 210 / 230