Rocky_Chow

Rocky_Chow Updated 

Ascending triangle pattern on daily time frame, target 398, stop loss 300..time to achieve is by 2nd of November later this year

Rocky_Chow

Tinplate price is at all time high and has formed an ascending triangle pattern, it retested the breakout and subsequently moved up.. can look for target of 350 in a weeks time (18th October)...stop loss is the point where the pattern fails, i.e., price comes back inside the triangle formation

Rocky_Chow

Will this be a little trophy in the cabinet of Reliance whom the investors will shun or is it going to continue its way up?? One has attempted to make a novice wave count and this makes me conclude that the price could be coming to the end of minor wave 4 correction and would begin its final 5th minor impulse.. keeping wave 5 equilevel as wave 3 (could be .618...

Rocky_Chow Updated 

The share price of HCL Tech is delicately placed resting at the Kijun Sen Line on the day chart.. being at indecisive juncture I am analyzing the hourly price trend that may emerge in the next couple of days as a result of the price action so far....comments given on chart itself, for educational purpose

Rocky_Chow Updated 

Finpipe share price is currently at crucial 1.618 level of its retracement after the 2020 fall measured rom its previous ATH...if it breaks this level then next target is 304 which is the 2.618 fib level...possibility also remains that share price stays in this 1 - 1.618 level range for sometime then we can see price bobbling around 155 - 209.. It is finding...

Rocky_Chow Updated 

All targets and stop loss mentioned in chart itself... should do well in the short term as pet coke prices are becoming increasing higher... rsi should be watched closely and the indicator breaking out above 60 will be a further positive sign...

Rocky_Chow Updated 

Targets and Stop Loss given in chart itself with reasoning...sector is favoured one...we can only analyze so much...rest is upto the market

Rocky_Chow Updated 

Ascending Triangle can be observed in hourly time frame..very short term... SL levels, Targets and Timeframe given on chart

Rocky_Chow Updated 

Just Dial has been climbing a few mountain ranges in the past with regular repetitions of INHS. A small opportunity lies ahead fpr 33 points if it breaks out target 1005 SL 955

Rocky_Chow Updated 

Clear case of resistance trendline coming in way of ITCs rise. It can break soon and move up towards the second resistance trendline whereas a u turn would continue the downtrend upto 195 levels where it can find support in the parallel trendline channel

Rocky_Chow

Share price has witnessed upmove from a depressed base of 5 years.... combine it with the reliance retail takeover and the stage is set for a steady climb once the share changes hand and the new promoters are in the driving seat. Stop loss and targets given in chart

Rocky_Chow

All explanation target and stop loss in chart

Rocky_Chow

Stock is forming cup and handle pattern in 1 hr and 15 min timeframes.. target is 1600+ and SL is below 1440

Rocky_Chow

As can be seen Centum has broken out from the triangle pattern comprehensively and had a retest of the breakout level of 335 as well before continuing its uptrend. Maximum target of Rs. 650 can be seen based on the height of the triangle. others may visualize a downward sloping INHS as well. Please view, analyze and make own judgement. I am invested and hence biased.

Rocky_Chow

ITC has been on an uptrend and a simple parallel line can be constructed beween its lows and highs. Separately, it has also broken its previous resistance levels. One can buy at current market price and look for target around 220 levels, extended target 224-25 Stop loss below 210 CB. disclosure - invested...views are personal

Rocky_Chow

There is no point at all in looking at short term time frames in this company given the deep breakdown in its chart structure and deteriorating fundamentals... if at all there would be recovery it is going to be long term... it is still early days but i am seeing a formation of a giant cup structure in the monthly charts and targets are simply based on that.......

Rocky_Chow

Bajaj Electricals has seen a sharp breakdown since the Budget day as has other consumer durables, however todays move shows a probable V shape short term recovery as it has also come with huge volumes and a recovery from extreme RSI downside as well... tomorrows data may confirm or dispel this pattern..historically, in the daily charts this recovery has been seen...