VigneshIyer

VigneshIyer Updated 

Very theoretical setup and would always love to see how it ends. Fisheries and shrimps are not doing that great with India not set to export as much as targeted due to impending inflationary issues in EU and USA. But does the chart knows something that we dont? Is there a possibility of bounce back with cost of soya and oil gng down ? would be interesting to...

VigneshIyer Updated 

Stock will give a try to breakout the 2008 levels. Solid price action today. Since it has rallied a lot, risk reward is a bit unfavourable. One can enter with 50% of normal quantity with an sl of 109 on cbsl. Also 118-120 level to lookout

VigneshIyer

Multi year breakout done with solid numbers backing it and strong guidance going ahead. Now stock has retest breakout levels in monthly charts and promoter continuously buying from open market. Better to go long here with maybe an sl of 749 for smaller time frame

VigneshIyer

The sector is in good position and with some influx of foreign tourism should rise in Q1 and Q2. Technically the channel has been respected for sometime and can be played for few % gains if kept under track. Rest more or less chart is clear

VigneshIyer

Amazing setup in daily and weekly charts. one can search inverted head and shoulders pattern and get the target. New high incoming hopefully.

VigneshIyer

If handle is formed maximum retracement should be 215 levels around. Rest mentioned in chart. Not a recommendation just technical perspective

VigneshIyer

Multi year breakout is seen and one can have 5% sl in this positional setup

VigneshIyer Updated 

Network 18 sees some massive breakout retest pattern on multi year levels and here to sustain if closes above 100 in weekly closing basis. saw a circuit revision to 20% yesterday and traders can hold with sl of 98 and people with short term view can hold with 94.95 weekly closing basis.

VigneshIyer Updated 

Stock has been consolidating for sometime and now witness some price action. here 650 needs to be held for a strong move. SL ideally would be 2-3% of your cost.

VigneshIyer Updated 

Last time I analyzed this stock but due to bad numbers stock plummeted to 90 levels. The volume in this counter is back and no near time even trigger to out match the technicals. Multi year bo above 102.65 on friday closing basis and also flag patter on monthly charts (Possibility of success okayish) . SL of 95 should suffice

VigneshIyer

After some solid consolidation within the above marked range, metal and energy stocks are showing solid progress. Worth buying above 1000. Weekly closing above 1000 will be a really good support level. Volume is strong. one more session to go in the week. Not a reco. Just an observation

VigneshIyer

The stock has hit its 2009 level with some good volumes . ITs worth entering a Positional setup with sl at 39 . Risk 10%. The stock is still in 20% circuit limit and possibility remains for upper freeze today. Time Frame 1-3 months

VigneshIyer Updated 

Fundamental front sugar always performs well in Q3 and Q4 and with ethanol having fancy margins all sugar stock see some jump today. Technically any close above 532 would mean channel broken on upside. IF market tanks it should maximum retrace the b/o level. Disc: It is not a recommendation but just observation

VigneshIyer

The stock has to sustain above 400 and the level of multi year is clearly marked in the chart. Disc: Not a reco but just observation

VigneshIyer Updated 

Stock has seen some good volumes in 2-3 sessions plus last 3 candles in 15 mins looks amazing. Worth taking a position for this price action with sl at 159. Risk Reward 1:3

VigneshIyer Updated 

First day of the week and its already showing massive volume compared to last few weeks. Sl ideally should be 129. Could see 150+ with this price action.

VigneshIyer Updated 

After a good and thorough study of tube investment posted earlier. another classic C&H pattern in making. Check in weekly charts for better structure. The pattern formation is around 16-20 weeks which is quite apt for C&H. Sl for the handle should be 1150 worst case scenario. Disc : This is for education purpose only and not a recommendation

VigneshIyer

#JubilantFood All the buzz around the fact that devyani turned marginally profitable and the new issue of sapphire food, the leader of this segment seems to lag. Fresh movement quite possible here. strong support around 3600. Not a reco but just an observation so trade accordingly.