SunilDhawan

SunilDhawan Updated 

Moschip has given Break on weekly chart from the triangle pattern.

SunilDhawan

bearish triangle breakout. looks like someone was already aware about sugar level in food. more bears to come

SunilDhawan

after completing wyckoff accumulation bullish pattern, stock has shown weakness to sustain at higher level. as of now it is in sideway range. Once 810 level is broken it may try to form "M" pattern Lets wait and watch if this pattern is completed successfully I do expect it to take minimum 3 months

SunilDhawan Updated 

it is forming cup and handle and facing resistance at all time high level. if we are able to get monthly closing then we may expect BO level retest and then it may act as good support. high hopes

SunilDhawan Updated 

CNXIT breadth is 100% since 3rd May 2023 past 20 year this index is in parallel channel. after sideways movement can we may expect an upmove which will bring bear trap for current setup

SunilDhawan Updated 

parallel channel in ONGC this is going to be very good once we have monthly closing above 178

SunilDhawan

Triangle formation done in CHEMPLASTS above 520 it may give good upside of 50% RR ratio is at 1:3

SunilDhawan

above 820 closing basis may be good entry. considering 755 stop loss on closing basis it may try to test supply around 970

SunilDhawan

it has given good up move in short span. still it has 30% upside however the best could be a profit booking and then up move. trail ur stop loss and hold ur profit

SunilDhawan

mini-bottom done however 69-64 would have been better price to enter for long term from there it may give 40% upside

SunilDhawan

I don't think it may cross 182 it may show retracement somewhere around 180 however it may not break 165 on closing basis. as long as it is between $200-$160 it shall be fine. more time spent in this range is good time correction which may help it to move up. Any retracement of 162 could be buying chance. ( buffer could be 155) In 2 yrs it may give breakout...

SunilDhawan Updated 

IRCTC is under progress of Probable W pattern however 770 need to cross

SunilDhawan Updated 

CAMS has formed flag pattern and given BO this week

SunilDhawan

Silver has been in wide sideways range since past 3 year. Any retracement from here towards the horizontal zone lines could be final retracement before taking out the upper edge of the rectangle and give clear breakout. Next 2 year may be good be bulls.

SunilDhawan Updated 

Pole flag formation with confirmed breakout however Breakout retest is pending

SunilDhawan

APLAPOLLO parallel channel support would like to take it up one more time.

SunilDhawan Updated 

DMART has formed triangle formation and it is ready to give BO now consider the bottom two line as support

SunilDhawan

After long consolidation in last 2 year it has given trendline breakout that too on weekly chart. 1400 is imp level that needs to be supported