VijayBabuA

VijayBabuA

sharp rally in the last one week. rallied 50% within a week. 1 circuit away for away for consolidation. fib extension also suggests 1350 could be interim peak. revised lot size will be effective from 29 april. so I expect this is going to make a peak before going to long term consolidation.

VijayBabuA

it has been consolidating for quite some time after a mammoth rally. recent retest at 200EMA. has been consolidating near trendline. took support at 5EMA. wait for volume at breakout level.

VijayBabuA

it consolidation in a tight range after good raise with volume from 50EMA on weekly scale. all short term EMAs are colluded. formed inside candle. consolidation above short term EMA.

VijayBabuA

it is breaking 52W high. it will be good closing if closes 52W High. today is weekly close, watchout today's close considerable volume in last two weeks. sharp rally from lows after recent correction. showing relative strength to index. rallied 25% in last 2 weeks.

VijayBabuA

looks good on chart. formed a longer base. ready to break-out from base. bounce backed from 200DMA. trading above all short term EMA.

VijayBabuA

it is going to retrace to a major moving averages (or) it should form a longer base. higher volume during this fall. seems some big investor exiting. however on weekly time frame it is extended by 50% 20WMA. mean reversion in progress. one can look for 950 levels.

VijayBabuA

it seems like it has topped out for this recent rally. RSI forming lower lows.

VijayBabuA

Marked recent three rallies followed by consolidation. it has rallied 35% and above with in short span of time. consolidated after rally for some long time. moving averages cached up. almost all the time respected 20 or 21 EMA. most of the daily changes are less 2% during consolidation. Price never fallen more than 15% from top, when moving to...

VijayBabuA

second highest ever volume. converging moving averages. pocket pivot volumes. Negatives: Trading below all MA. Not from trending sector. i.e sector headwinds. No relative strength to index.

VijayBabuA

after consolidating with narrow candles it has fallen to 20W EMA with low volume. looks interesting chart on daily scale and weekly scale as well. Highest Ever volume on weekly chart between 60 to 80. script is already in stage 2. respected 100DMA three times so far.

VijayBabuA

it has rallied with highest weekly volume of the year in the last week. fallen from higher boundary of the channel this week with low volume. it may be in this channel for 1 more quarter. keep an eye on last week low.

VijayBabuA

MOL is getting into stage2 coming out of stage 1 with a good consolidation of 1 year. good price action in last 3 days. wait for retest of 95. good accumulation in the last 2 months. watch out for todays close for weekly breakout confirmation.

VijayBabuA

it is in basing process in the last 60 days. first dip is 15% from top second dip is 10% from top. forming higher lows in the base. 40% prior rally, still showing relative strength to index. trading above short term moving average. check out results today.

VijayBabuA

it has given broke out with above average volume. formed a mini base for 60days. consolidated about short term averages. watchout for 10-25% upside.

VijayBabuA Updated 

it has given shakeout yesterday. if it continues to hold above previous day high, watchout for breakout.

VijayBabuA

it is tightly consolidating with low volume on daily chart. this consolidation breakout opens up levels to 120. this has already given stage-1 breakout 3 months back. it showing relative strength compared to Index.

VijayBabuA

forming LH-LL on daily chart. double top and on weekly and daily. highest volume on second double top. today touched 200DMA. may be pullback can be expected. never retraced to 100WEMA in that last 3.5 years. 15% more fall expected. larger trend seems to be in uptrend.

VijayBabuA

tight consolidation below 100EMA. expecting a long green candle. took recent trendline support