#BEL looks to be a eligible counter for breakout/pyramiding above 190 , which is also the ATH and Multiyear breakout The weekly charts are showing sideways formations/gradual higher high for about 8 weeks and the daily charts are showing smaller moves The volume have dried on the counter and the stock is awaiting a breakout move Note : This article is for...
#DCAL looks to be a eligible counter for breakout above 900 It has been staying the box for 200-230 Box since last 2 months and for the last few days it is staying in the top of the range attempting a breakout The volume support has been increasing in the recent past The counter has making highers highs for while now and nearing its recent BO point Note : This...
#SDBL looks to be a eligible counter for breakout above 52 The stock made a high and then formed a new base in 45+ zone and then moving up again The volume support has been increasing in the recent past On the weekly TF The counter has making highers highs for while now and nearing its recent BO point Note : This article is for education and research purpose...
#RICOAUTO looks to be a eligible counter for breakout above 54 The counter made a high to this zone 6 weeks back and then made a new base at 45+ levels , The volume support has been increasing in the recent past The counter has making highers highs for while now and nearing its recent BO point Note : This article is for education and research purpose only ,...
#VIMTALABS #VIMTA LABORATORIES looks to be a eligible counter for breakout above 280 The weekly charts are showing higher low formations and the daily charts are showing nice moves On the daily charts the it has made the attempt twice to cross these levels in the last few months The volume support has been steady/increasing in the recent past Note : This...
#TATACOMM #TATA COMMUNICATIONS looks to be a eligible counter for breakout above 1350 The weekly charts are showing nice pullback to previous made high of about 1350 levels after a retest spread over 10 weeks On the daily charts a cup and handle formation is visible which is also supporting the analysis of an upmove The volume support has been...
#VIDHI SPECIALITY #VIDHIING looks to be a eligible counter for breakout above 230 The weekly charts are showing higher low formations and the daily charts are showing smaller moves The volume support has been steady/increasing in the recent past The counter has making highers highs for while now and nearing its recent BO point Note : This article is for...
#CUMMINSIND looks to be a eligible counter for breakout above 900 It has been staying the box for 800-900 Box since last 3 months and for the last few days it is staying in the top of the range attempting a breakout The volume support has been increasing in the recent past The counter has making highers highs for while now and nearing its recent BO point Note :...
BIRLACABLE #BIRLACABLE looks to be a eligible counter for breakout above 72 The counter has been in the this range for a while now , any sustainable breakout above 72 with good volumes should take it to new levels , SImilarly any drop from the 65 range the stock should be avoided for longs Note : This article is for education and research purpose only , Please...
My Take on what happened in #NIFTY Index Yesterday and Today A classic play with Gapdown , Cover - Sell at Rise and the support On 17th It was a Gap down opening , following by an attempt to cover which was then taken down by bears to a safe near term support point On 18th the opening Gap Up was attacked by a Selling Pressure and then even the short term...
#BAJAJAUTO Looks to be a eligible counter for breakout above 4375 / with a low risk entry above 4300 It has been making higher highs and moving up in a nice pace to reclaim the resistances , and recently it has formed a cup pattern on the weekly charts signalling that the selling pressure has been bought out The volume support has been increasing in the recent...
#PNB Looks to be a eligible counter for breakout above 46.5 / with a low risk entry above 44.5/45 It has been making higher highs and moving up in a nice pace to reclaim the resistances The volume support has been increasing in the recent past and crossed 300M in the recent trading days Note : This article is for education and research purpose only , Please...
#TITAN looks to be a eligible counter for breakout above 1625 It has been staying the box for 1400 - 1600 Box since last 5 months and for the last few days it is staying in the top of the range attempting a breakout The volume support has been increasing in the recent past The counter has making highers highs for while now and nearing its recent BO point Note :...
ALKEM #ALKEM looks to be a eligible counter for breakout above 3175 The volume support has been increasing in the recent past The counter has making highers highs for while now and nearing its recent BO point Note : This article is for education and research purpose only , Please consult your financial advisor before taking any investment decisions
Suven Pharma #SUVENPHAR looks to be a eligible counter for breakout above 500 The counter has been in the 450 -500 range for a while now , any sustainable breakout above 500 with good volumes should take it to new levels , SImilarly any drop from the 450 range the stock should be avoided for longs Note : This article is for education and research purpose...
JSWSTEEL , has recovered from the pandemic Lows and It is both around 52WH and ATH The volumes have grown significant over the last few weeks and is giving good momentum to the counter A good close above 430 should bring in a significant upward move on this counter. # JSWSTEEL With Metal and commodity counters being bullish #JSWSTEEL becomes a good...
HINDALCO , has recovered from the COVID Lows and It is both at 52WH and ATH The volumes have grown significant over the last few weeks and is giving good momentum to the counter A good close above 285 should bring in a significant upward move on this counter. #HINDALCO With Metal and commodity counters being bullish #HINDALCO becomes a good selection ...
Technically , HDFCBank seems to at the Edge and waiting for a break out above 1455 it is in its near team moving range and good volume supported breakout would take it to good profit levels