TheWizardsZone

TheWizardsZone

Get ready for a big upmove

TheWizardsZone

DXY needs to breakdown from this Channel to confirm reversal of trend

TheWizardsZone

Nifty has been consolidating in a narrow range since Feb 16th. The consolidation has resulted in a nice triangle pattern. Breakout on either side is imminent now and that should determine the future course of action.

TheWizardsZone

Stock is breaking out from a flag patter and sustaining above 21EMA...if it sustains then we can see a strong upmove

TheWizardsZone

After almost a year of relative Under Performance, over the last few days US 30 has bounced strongly. It is now near the 55 SMA and falling trendline resistance. If it breaks out from here, then a bounce towards 200 SMA cant be ruled out. If it actually breaks out then Broader Market Nifty Index may under-perform. So, this is something we should be closely...

TheWizardsZone

If the breakout sustains, we can see good upmove

05:53

TheWizardsZone

Just like last January or early February, most of the global indices have again taken strong support @55 SMA or 21 EMA and has signs of strong bounce from there. This Friday (Mar 5th), while Indian markets were extremely weak it respected the lows it made last Friday (26th Feb). Given global markets have bounced strongly post the close of Indian markets, as long...

TheWizardsZone

Stock is on the verge of a 7-8 year breakout....if it sustains decent upmove possible

TheWizardsZone

Stock can fire up

TheWizardsZone

Another stock to watch out

TheWizardsZone

As shared in my video on IT stocks, Wipro is breaking out. Good long if the breakout sustains.

TheWizardsZone

REC broke out of a falling trendline and 200 SMA on weekly..and then after a retest has started its journey up....can be a rerating candidate

TheWizardsZone

After long period of consolidation, stock is attempting a breakout. If it sustains, then re-rating on cards

TheWizardsZone

If the stock breakouts above INR 250 and sustains then stock is surely up for rerating. Watch out

TheWizardsZone

IDBI Bank has confirmed an Inverse H&S breakout with volume. With this being one of the likely candidates for privatization, it will surely be one stock to watch out for

TheWizardsZone

Bajaj Finserve is breaking out and looks like it is set for a life above 10,000. If the breakout sustains, a rerating towards 15,000 cant be ruled out

TheWizardsZone Updated 

Hindalco is breaking out of a 12 year consolidation. Given the run-up in base metals (copper and aluminum) and view on DXY being weak, we thing this breakout is here to stay. Stock can see re-rating towards INR 500+ in days to come.

TheWizardsZone

Nifty has taken support multiple times around the 55SMA support and the yellow trendline and is now trying to breakout of a flag consolidation...lets see if the breakout sustains