Tejas_Shajapurkar

Tejas_Shajapurkar

Titan under consolidation in the weekly charts. Follow the breakout from the Fibonacci Channel created. Overall sentiment of the market is also factored in.

Tejas_Shajapurkar

Positive momentum for Speciality Chemicals. [Notice bullish divergences. Perfect time for a rounding bottom formation for high risk traders/Investors.

Tejas_Shajapurkar Updated 

Dilip buildcon has taken off after a small bullish flag formation and it's next major resistance will provide 23% upside.

Tejas_Shajapurkar Updated 

An inverted head and shoulders pattern is formed and a long position can be taken after breakout with profit and stop loss levels mentioned in the chart.

Tejas_Shajapurkar

Accumlation Distribution is showing negative divergence with price and on Balance volume suggesting the ranging of price after a long uptrend. You can see the long term trendline breaking and an apex reaction marked by the vertical line. The ranging Profit once confirmed has a potential of more than 15%. Wait for cler confirmation of Rangin after Apex reaction.

Tejas_Shajapurkar Updated 

DILIP BUILDCON FORMED A ROUNDING BOTTOM PATTERN IN THE DAILY CHARTS VOLUME CAN BE SEEN INCREASING AS THE PATTERN COMPLETES. A BREAKOUT TOOK PLACE AND IT WAS ABLE TO MAINTAIN THAT PRICE. BUY ON ANY DIP TO THE NEAREST FIBONACCI LEVEL OR GO LONG TO GET UPTO 17% PROFIT AT THE 1:1 PROJECTION OF THE CHART PATTERN, CLUSTERING WITH THE RESISTANCE LINE.

Tejas_Shajapurkar Updated 

UPL IS APPROACHING IT'S LONG TERM TOP AS WELL THE 1:1 PRICE PROJECTION FOR THE DOUBLE BOTTOM PATTERN. IF IT REACHES 833 BE VERY CAUTIOS AND BE SHORT FOR THE NEXT FIBONACCI LEVEL OR TRENDLINE TO ACT AS A SUPPORT. I EXTENDED THE TOP OF FIBONACCI TO 833 IN ANTICIPATION THAT UPL WOULD REACH THAT PRICE. THERE HAS BEEN NEWS OF INSIDER SELLING ABOVE 760 LEVELS.

Tejas_Shajapurkar Updated 

WAIT FOR BREAKOUT. HIGH VOLATILITY AS IT IS A SMALLCAP. HIGH POTENTIAL AS IT SELLS FOOTWEAR IN NON MAJOR CITIES, AND IT GROWS ON BACK OF HUGE VOLUMES AND A GOOD MARGINS. GOOD COMPETITOR TO RELAXO IN BUDGET SEGMENT.