Rajachandrasekaran

Rajachandrasekaran

wide range bullish candle with volume on 31 July 2024 after that stock consolidated with narrow range candle and constricted volume on, 12 &, 13 Sep inside day candle today 16 Sep 2024 forming wide range bullish candle and breaking out the price congestion good for short term swing trading.

Rajachandrasekaran Updated 

PAISALO formed a base and breakout on 11 July 2024 with volume pulling back to the breakout candle, now forming a pivotal candle for pullback entry. PAISALO in stage 2 in the weekly time frame. now the entry can be attempted above the trigger candle keeping the low of the trigger candle low as a stop-loss for swing trade.

Rajachandrasekaran Updated 

SHALBY breakout on 05 July with volume after a minor pullback again range expansion with volume provides entry for swing trade keeping the day low stop loss.

Rajachandrasekaran

consolidation breakout in HAL with volume entry above the line stop below the line (7%) stock in stage II ( strong uptrend ) earning release on 12 Feb

Rajachandrasekaran

ELGIEQUIP formed a base ( triangle pattern ) on a daily time frame. if breaks out the upper border of the triangle it will be the potential short-term swing trading opportunity. DISCLAIMER: All ideas, opinions, and/or forecasts, expressed or implied herein, are for informational (educational) purposes only and should not be considered as a recommendation to...

Rajachandrasekaran

JKPAPER -formed an inverted head and shoulder pattern on the weekly time frame and broke out the right shoulder with a huge volume potential positional trading opportunity. DISCLAIMER: All ideas, opinions, and/or forecasts, expressed or implied herein, are for informational (educational) purposes only and should not be considered as a recommendation to invest,...

Rajachandrasekaran

CENTURYPLY - broken out from consolidation, stock in a strong up trend, after an orderly pullback (consolidation ) again broke out with volume giving short-term swing trading opportunity. the base low will be stop loss (755). DISCLAIMER: All ideas, opinions, and/or forecasts, expressed or implied herein, are for informational (educational) purposes only and...

Rajachandrasekaran

BECTORFOOD - in a strong uptrend after an orderly pullback broke out with volume on the upside. DISCLAIMER: All ideas, opinions, and/or forecasts, expressed or implied herein, are for informational (educational) purposes only and should not be considered as a recommendation to invest, trade, and/or speculate in the markets. I am not an investment advisor

Rajachandrasekaran

MANORAMA forms a potential flag pattern and gives a trading opportunity for short-term swing trading. Tight consolidation near the upper end of the flag. if it breaks on the upside it would be a trading opportunity. DISCLAIMER: All ideas, opinions, and/or forecasts, expressed or implied herein, are for informational (educational) purposes only and should not be...

Rajachandrasekaran

ELECON - tight consolidation at breakout level shows stock in accumulation potential trading opportunity in ELECON if it breaks out the tight consolidation. DISCLAIMER: All ideas, opinions, and/or forecasts, expressed or implied herein, are for informational (educational) purposes only and should not be considered as a recommendation to invest, trade, and/or...

Rajachandrasekaran

TVSMOTOR broken -out from consolidation (volatility contraction pattern ), stock in a strong up trend ( stage2), after little consolidation again broken-out giving trading opporutnity. DISCLAIMER: All ideas, opinions, and/or forecasts, expressed or implied herein, are for informational purposes only and should not be considered as a recommendation to invest,...

Rajachandrasekaran

CHENNPETRO consolidating after a big rally, and the stock is in a strong up trend ( stage 2) now the range of the price ( narrow range candles) is tight and volume dried, and today price range expands with increased volume. follow-through range expansion happens it will be a potential short-term swing trading opportunity. DISCLAIMER: All ideas, opinions, and/or...

Rajachandrasekaran

ASTRAZEN forming a potential flag pattern in the daily time frame. it is a continuation of the previous consolidation breakout. if the breakout happens upper border of the flag above (5737) it will be a short-term swing trading opportunity. All ideas, opinions, and/or forecasts, expressed or implied herein, are for informational purposes only and should not be...

Rajachandrasekaran

SOBHA is forming a potential tight flag pattern in the daily time frame, the price range is tight, and volume drying in a tight price range. if a breakout happens above the tight range potential short-term trading opportunity. momentum will be high on up side. continuation pattern from the previous breakout of the flag pattern. All ideas, opinions, and/or...

Rajachandrasekaran

INDNIPPON is forming a potential triangle pattern in the weekly time frame continualy forming higher lows in the weekly time frame if the breakout happens it will be a potential positional trading opportunity. All ideas, opinions, and/or forecasts, expressed or implied herein, are for informational purposes only and should not be construed as a recommendation to...

Rajachandrasekaran

DISHTV forming a long consolidation-triangle pattern in the weekly time frame volume is increasing in recent times so a potential breakout is anticipated. if a breakout happens it will be a potential positional trading opportunity. All ideas, opinions, and/or forecasts, expressed or implied herein, are for informational purposes only and should not be construed...

Rajachandrasekaran

considered this analysis is my journal, not buy sell recommendation Tata Power formed a flag pattern in daily time and weekly frame highly bullish pattern, stock in a strong up trend after a short pause again it is breaking out entry above the flag upper line stop below the flag lower line

Rajachandrasekaran

entry above the line stop below the line stock in a bullish trend, after consolidation again breaking out stage 3 to stage 2 transition ( Ref Stainweinstein's secrets for proofing in bull and bear marke)t