VijayBabuA

VijayBabuA

ULTRAMAR has given pole flag breakout on weekly chart and retested it then two continuous bullish candles on weekly basis. on Daily scale it is forming rounding bottom with a high around 290 levels. 280 levels look like resistance on weekly scale of closing basis. if it sustains above 280-300 level it can go upto 380 followed by 430 levels.

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JUSTDIAL has formed a Pole Flag Pattern on Weekly chart and it shows that it has given breakout today, if it sustains for this week then it is clear b breakout. keep this on radar for this. it has a potential to reach 1000 levels. Narrow CPR on Daily Chart RSI - 75 on Daily, indicating bullishness.

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Inverted H&S on M&M on 15 minutes Chart Neckline breakout occured

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SONATASOFTWARE has formed pole flag pattern on daily, it is facing key resistance on daily scale and 430 has become all time high, if it breaks 400 level with volume it can reach upto 430 which is all time high. keep this stock on radar. on weekly closing basis, 400 has become highest price ever. Now this is struggling to cross 400, flag breakout gives potential...

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RAIN has given breakout on weekly chart, Patterns: Inverted H&S on Weekly Cup Handle on Weekly Fibonacci Retracement on 21-Dec, it has given false neckline breakdown, however it reclaimed it with good volume. it sustained above neckline after giving false breakdown of neckline. it as given Cup& handle breakout on weekly with good volume it has retrace 61.8% of...

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IGL has given breakout on daily chart with good volume rise. Nearing all time high. weekly highest close is 511.30. sustaining above 500 level could take this to new highs potential upside is at 655. RSI is at 68 on weekly. CUP&Handle can be seen on Weekly and Daily Charts.

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it has multiple resistance/support points on weekly chart at 300. breakout at this level will give potential to reach 390-400 levels. watch-out for breakout on daily chart at 300. it is trading in a ascending channel, after making a recent high near 300 it has retraced to 220 levels and again moving towards 300 level. RSI is inch closure to 60 level on daily...

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GODREJCP is currently forming right shoulder of inverted H&S, reaching neckline at 760 complete the right shoulder formation, and breakout above neckline will give a potential to reach upto 1066. watch this stock on radar.

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HIKAL has been trading in a channel from Aug-2016, except in march-2020 crash, however it has reclaimed channel and touched upper end of channel and made a double top around 215. Now it has touched a lower end of channel and formed a hammer. check out trend reversal on daily time-frame for a target of 200. which is 25% upside from current price. it has also...

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DHANUKA has shown multiple chart patterns on different time frames. Strong results posted in the last two quarters. Monthly: Rounding Bottom Cup & Handle Pattern Both these patterns are showing highest upside potential of 1550 levels. Weekly: Pole Flag Pole Flag has a potential to reach 1330 levels. Daily : Triangle pattern Triangle...

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BSE has given inverted H&S neckline breakout on weekly basis with good volume and it consolidating between 600-640. Upto 580 levels, this can be added. RSI is at 70 levels on weekly chart. RSI is at 62 on daily scale indicating bullishness. Stock is consolidating at higher levels.

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it has been consolidating since Aug-2020 between 700-830 levels. Stock has formed morning star pattern on daily basis at support trendline. Stock has closed above 800 level on weekly scale. it has given breakout on hourly chart at resistance trendline. It is forming Higher lows on daily basis. RSI is at 55 levels, bullishness intact. breakout at 830 levels could...

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AXISBANK has consolidated at current level for 9 weeks in the past, currently it has consolidated for 6 weeks. breakout is possible in the next 3 weeks. if it encounters unexpected down move, 530-550 range could be a support. it took support at 50EMA and closed above 20EMA on daily scale. 630 has been key resistance on monthly scale too. 637 has been resistance...

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ASTEC has rallied continuously from 900 to 1220, For Very Near term: Pivotal Resistance R2 placed at 1260 RSI is at 76 on daily scale, stock has retraced at RSI 80 in the last few instances. one possibility is that it can break RSI 80 level this time. 1100-1180 can be seen as Fibonacci retracement support levels. For Long Term: Stock has closed at highest...

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after rallying 80% from March lows, SBICARDS is consolidating it tooks support at IPO issue prices,if that is broken it can retrace to 50% fiboncacci retracement level, i.e 700. if there is any increase in NPA in next quarter result too.

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after making a high of 1700-1710 levels, stock has consolidated and started making higher highs and taking support at 21EMA and also forming a triangle pattern

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BSOFT has formed a cup & handle format, it tried to breakout 208-210, 52W High with good volume, but at the day end it closed just below breakout level, it has gained 10% intraday basis. opening flat on next trading session will give good positional. it is likely go up for 240-250 levels In the recent consolidation it has re-tested previous 52W high, which is at 173 level

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BPCL is forming a symmetrical triangle, keep a close eye on it for breakout.