VijayBabuA

VijayBabuA

it has formed a VCP pattern on daily chart. bottom wicks in the recent candles, indicating denial to go down. there is good amount of buying interest from buyers. today it is forming hammer. follow through can lead to rally.

VijayBabuA

it has formed a double top. Negative RSI divergence on daily chart. wait for some pullback.

VijayBabuA

it has formed a CUP&Handle formation. As per pattern target it has 35% upside visibility. it has 1:5 risk reward. but it would be difficult catch it. if it open in circuit.

VijayBabuA

Dry volumes during consolidation. good volumes during green candles. on weekly chart this need to be consolidated more !

VijayBabuA

it is forming a flag pattern. rallied 40%+ in short span of time. consolidating at higher level, defying to fall compared to broader market.

VijayBabuA

after rallying 100% it has consolidated for almost 4months. followed by giving a trendline breakout. breakout was with a good volume. yesterday closed near day-high.

VijayBabuA

it has rallied 25% from bottom and consolidating for the last few sessions. pocket pivots in this short consolidation. chart looks like heading towards ATH

VijayBabuA

it is looking nice on chart. forming higher highs. reduced volatality in the last few session. despite broader market weakness this script has not fallen much.

VijayBabuA

it is near trading near ATH. good accumulation volume between 1800 to CMP. multiple pocket pivot volumes. down days has very less volume. cup and handle pattern visible.

VijayBabuA

Accumulation volumes in the last few sessions. inside candle formation. lower wicks in the candles.

VijayBabuA

it has formed inverted H&S on daily chart. rejection from neckline confirms downtrend.

VijayBabuA

There could be immediate trend change above 125 level. dry volume during fall/consolidation in the last 10 trading sessions. higher volume during green days. but not much difference compared to red days. chart structure impressive. sector tailwind. recent rally and fallback of 78% fib retracement.

VijayBabuA

keep this in watchlist, it is forming VCP pattern. closing below 200 will invalidate the pattern.

VijayBabuA

classical VCP pattern formed. post breakout didn't gave oppertunity to enter. read previous price action for future pattern formations. only drawback, higher volume during fall of first cup formation.

VijayBabuA

it has rallied 160% in short span of time. it approached Fib retracement support level of .618 let's watch how price action works out at 120 level.

VijayBabuA

it has fallen with higher volume today. 2000 looks like a key level to watch out for. 1800 is preferential issue level. so expecting some demand at this level. 100DEMA at 1910 20WEMA at 1940 watchout for reversal candle here

VijayBabuA

it is at multiple touch point at current levels. formed double bottom. Bullish engulfing pattern with todays candle and higher green day volume.

VijayBabuA

it rallied 70% in short term with good volume. consolidating within 15% range from the top. indicating a more rally in the near term. volume dried up during this consolidation.