SudhiRao

SudhiRao 44 views ・

Triangular channel is formed in Majesco. Currently the stock is trading at the top of the channel and might correct a bit more. If the stock breaks out of the channel then we can see targets of ~700.

SudhiRao 68 views ・

Ascending triangle pattern found in Tata Sponge. If it breaks out of the resistance line then we can expect targets mentioned on the chart. OBV is also increasing. This news might help the stock to move up : Tata Sponge Iron acquires Usha Martin's steel business for Rs 4,094 crore

SudhiRao 69 views ・

Breakout from a strong resistance. Targets 55 - 60 - 80

SudhiRao 127 views ・

Double bottom pattern was found in NBCC. Golden crossover of 20 days SMA and 50 days SMA was also observed. Volumes are also increasing which is a positive sign for the stock.

SudhiRao 148 views ・

Triple bottom pattern was formed in BEL and also golden cross of 20 days and 50 days took place. OBV is increasing. We might see a target of ~115 Rs.

SudhiRao 69 views ・

The stock has broken out of the channel. OBV value is also increasing which is a positive sign for the stock.

SudhiRao 124 views ・

I have observed inverted Head and Shoulder pattern in BEML. In weekly chart, SMA cross over of 20 and 50 periods is about to happens. Once the crossover happens, we might see a swift uptrend in BEML stock.

SudhiRao 56 views ・

Observed a double bottom pattern in Bajaj Auto stock. The stock has broken out of neckline and might give a good positive move.

SudhiRao 159 views ・

This Pattern has not been formed yet. Once it completes the right shoulder, it should start moving up.

SudhiRao 228 views ・

I have observed a cup and handle pattern in Reliance Industries chart and it could be a good investment strategy with a risk reward ratio of ~4.