PrateekSharma999

PrateekSharma999

SPARC ( CMP Rs 220) weekly chart . Stock gave multiyear price and volume BO , highest levels were recorded after 2019. Volumes were 7 times the daily average volume. Since pharma stocks are booming and Nifty pharma is at life time high , so this subsidiary of Sunpharma should be under watch. SL can be below BO levels ( i.e Rs 210).

PrateekSharma999

GMR day chart, rounding bottom formation BO is seen. Stock reversed from falling phase right at support levels.CMP RS 24.5 , SL Rs 22.8 , Target Rs 27.3, Rs 29

PrateekSharma999

Lux Industries Ltd weekly chart( CMP Rs 1980) . The stock has been in continuous uptrend right from April 2020 , unlike Nifty which entered into consolidation phase after a big upmove. Whats interesting about this chart is that it gave highest weekly close after April 2018 , which is stock's 2nd highest close. The stock is on verge of BO and a close above Rs 2000...

PrateekSharma999

Nitin Spinner Ltd weekly chart. The stock gave highest close after Feb 2018 and 8 times the avg volumes were registered last week, which was highest after 2015. As textile stocks are talk of the town and many stocks like Ambica, Welspun etc have given BOs, Nitin Spinners which is among the largest manufacture of cotton yarn in India must be on radar.

PrateekSharma999

Welspun Industries. Multiyear BO is seen. Stock is trading above 2017 levels , highest volume of last 1 month is seen. Since textile stock like Ambika cotton , Arvind etc are talk of town , Welspun BO may sustain and perform.

PrateekSharma999

Big diamond pattern is formed in Midani and BO came yesterday , highest volume after Jan 2021 was registered yesterday . The price has broken upward out of a consolidation period, suggesting a continuation of the prior uptrend , a target of Rs 250 is possible , CMP Rs 195.

PrateekSharma999

Symmetrical Continuation Triangle is seen. The price has broken upward out of a consolidation period, suggesting a continuation of the prior uptrend. Volume BO is also seen