StockShaala

StockShaala

Larsen and Toubro has been consolidating sideways for about a year and half forming a rectangle pattern. This pattern is finally broken last week. It snow time to enjoy this LONG ride! Happy learning!

StockShaala

Hero MotoCorp has been in down trend for the last couple of years. It has been consolidating at a strong support zone forming a wedge over the last 4 months. The wedge is now broken. It is certainly worth confirming the breakout is sustainable and then join the LONG ride!

StockShaala Updated 

Britannia industries has finally broken out its months of triangle consolidation. It appears to have broken this out on the SHORT SIDE. After a confirmation of the breakout, its going to be a nice and SHORT ride :)

StockShaala

After more than a year of consolidation, ULTRATECH CEMENT finally appears to have broken out its triangle consolidation. Its certainly worth checking if this breakout is sustainable and then enjoy the long ride. Expect 1000 points move on a good breakout!

StockShaala

Reliance Industries has been in a uptrend for a very long time. The stock has been consolidating at a strong support zone for more than a month and is now broken. However, its important to confirm support on the broken side of the triangle and then enjoy the LONG ride!

StockShaala

After a huge fall and more than 7 months of consolidation at the bottom, PC Jewellers finally appears to have broken its consolidation phase. Time to ride the move!

StockShaala

NIFTY closed on the weekly chart with a DOJI indicating indecision in the market along with the classical double top pattern. If the level is not breached, there can be minor correction in the market.

StockShaala

Tata Motors appears to have finally broken out its 6 months of consolidation in the form of a triangle. The breakout looks promising although it's important to check this breakout is sustainable before entering long.

StockShaala

Siemens has broken its down trend finally! Its certainly worth looking at a good entry and riding the uptrend!

StockShaala

PIDILITE Industries has finally had its head and shoulders pattern broken last week. Its certainly very interesting to look for a good entry and join the 'long' ride :)

StockShaala

Bombay dyeing has been forming a wedge pattern after a big fall. The wedge pattern is now broken and is a good sign of trend reversal. Time to go long!

StockShaala

HDFC cup with handle pattern has been broken a week ago. Time to look for entry and ride this move.

StockShaala

Repco Finance has formed a classic triple bottom pattern that broke last week very well! The chart explains it all quite well :)

StockShaala

GRASIM has formed a double bottom pattern of months of down trend. This double bottom is formed at a crucial support level and is an interesting point!

StockShaala

Chart explains it all !!!