ShamoilShabbir

ShamoilShabbir

Paper sector is booming due to adversarial move in crude price and long term negative impact of plastic on environment. this was the economical and sentimental change in though of investors, which has caused the price to move in tandem and stronger than nifty. However tenkan kijun and cloud B have become flat and price could be attracted towards it. Also two...

ShamoilShabbir

As can be seen due to favorable exchange rate for exporters this issue has risen significantly and is trading above all indicators except tenkan, which means the stock is taking a breather also, the cloud B line is flat which is concerning and can attract towards it. look for dips and reversal candle formation on weekly basis for buy in the scrip.

ShamoilShabbir

As an be seen the issue favorably poised, in a strong upward move. Look for buying on dips for a positional call.

ShamoilShabbir

As can be seen the price has recently price has moved above the cloud and has become stronger than nifty. The flat kijun is a concern. Nonetheless the issue can be added on dips.

ShamoilShabbir

The price is still in a downward move, however the recent move which broke the cloud from below and was able to sustain for a couple of weeks above of cloud, means showing signs of exhaustion in selling.

ShamoilShabbir

As can be seen the stock is going strongly moving upwards and is going fast. Advisable to buy on dips. Look for consolidation moves sideways for a couple of weeks to add a bigger position.

ShamoilShabbir

As can be seen the price is trading above the cloud after the recent up move, and is stronger than the index. However being in ASM can be a drag. It is suggested to be added on dips.

ShamoilShabbir

As can be seen trading above the cloud and being more strong that the relative market of Nifty. The stock can be added on dips. at the Tenkan and Moving averages.

ShamoilShabbir

s can be seen the price is trading above the Cloud decisively and is in line with the broader markets movement of Nifty. The issue can be added near kijun level. One concern is the flat Cloud B line which means stock is flat movement. therefore advisable to add small portions on dips and once conclusively trading above 260 with upward move of Cloud A and B line,...

ShamoilShabbir

As can be seen the price has been trading above the Cloud on a weekly TF which means the stock has entered a long term bull market. With all other indicators (A/D line, Other Ichimoku indictors, Moving averages) pointing to be on the long side. The stock can be bought on dips at the Tenkan and Kijun levels in small quantities. Happy trading / investing Regards...