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Capital Goods is a leading sector The company has been making a base for a year. Has given a breakout from this base This should be one's watchlist

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- Trading near support - broke 200 DMA - Price action is bearish compared to market

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The high tight flag chart pattern is an extremely bullish formation. It is formed once a stock rises sharply by 50-100% within a few weeks or 1-3 months. After that stock pullback is small i.e. 25-30% In the next step the price tightens up i.e. small candles or less volatility in the price Finally, the stock breaks out with heavy volume The stop can be...

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- Broke the range of 8 months - Heavy volume - Leader in the auto sector rally - Trading above 50 DMA - Stop loss of 360. This is where it faced resistance for the last 8 months.

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A pennant is a small symmetrical triangle that begins wide and converges as the pattern matures (like a cone). Here is an example of IEX. The company has declared a good set up of numbers on 22nd July. Profit after tax is up by 48% Sales are up by 36% The price is now hovering near the previous Resistance which now acts as a support Tight price range near the...

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Infoedge the owner of Zomato has been consolidating for 7 months. - The stock has formed a cup and handle formation - Cup pattern took 7 months & - Handle pattern took 1 month for the formation - The stock has given a breakout and moved out of the range with good volume. - Additionally, the stock is trading above 50 SMA. -Globally markets are choppy and...

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EPS up by 13% sales up by 1% The stock found support at 300 level Tight price action Good risk-reward

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The company has declared a good set up of numbers on 22nd July. Profit after tax is up by 48% Sales are up by 36% The price is now hovering near the previous Resistance which now acts as a support Tight price range near the support level. Look at the small candles. Price goes up with rising volume on 23rd Aug. Any pattern may falter depending on the overall...

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June 2021 net sales up 28.74% June 2021 Net Profit up 124.76% Cost per sqft declined from Rs 15.9 to 15.02 Revenue per sq ft increased by 54% Broke 3 years range. Ready to move for the next phase. Support at 570 - 550 range Stop loss at 550

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Gabriel to supply components to Ola Electric Scooter Crossed the resistance with heavy volume Volumes at 5 years high

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Hold Next resistance at 172 Positive trend with heavy volume

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Real Estate index didn't break support. Broke out the short-term resistance. Long the leaders in the sector.

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Crude oil fall is good for IOC Good bounce from support Go long Stop loss of 100

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L&T broke a range of 2 years. A good candidate to play capital goods/infra theme. A Nifty 50 stock. Go Long with a stop loss of 1560

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Bad results - 2 support level broken - Price falling with heavy volume - stop-loss of 735

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Fall in profit & revenue - trading at a crucial level of 2500 - sell if it falls below 2500 - price is falling with heavy volume

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Embassy group, one of the best real estate companies, acquired it Good bounce at the support level of 125-130 Real Estate index has high relative strength compared to overall market

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Good Support at 155 level Can go long with a stop at 150