VijayBabuA

VijayBabuA

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.

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SIS opened just below key resistance level of 475 and witnessed selling pressure, it may consolidate between 450 - 475, breakout at 475 level could be another leg of rally. Resistance at 475 was seen on weekly scale.

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Bharatforge is consolidating after forming inverted H&S RSI is also above 60, which indicates a bullishness CPR has became narrow, indicating trend ahead RSI is above 60 on weekly scale too. There is support at 530-540 on weekly scale. on weekly scale, it has formed a rounding bottom in the last 3 months it has given breakout on weekly scale too, sustaining above...

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TCS has formed rounding double bottom, looks like it set to rally if it breaks neck line at 2840

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IRCON has recently given 200DMA breakout with good volume, now this is again came to breakout candle close level. 97-100 level looks like resistance zone. breakout at above level can take this to all time high followed by 124 level.

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Pole Flag breakout can be seen in this, after rallying upto 330 levels, it has retraced to 50% level, and started rallying. if it sustains above 304 level it can rally further. on hourly time frame it has given breakout of downward channel, it can rally upto 330, which is previous swing high, we observe price action once it reaches there.

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ZENTECH has given breakout at 85 level with high volume, looks like it is going towards 110 level. before that it can swiftly reach 100 level. Central Pivot Range narrowed out of last 3 months. Contraction in CPR indicate a trend ahead last 3 months it consolidated between 70-85 levels. RSI closed above 60, i.e 67 on daily scale, indicating strong bulishness. MACD...

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GRAPHITE has retraced 61.8% retracement level, then continued rally and today it has given a breakout as well, 330 or 360 could be next stop if it is extended impulsive wave it can go upto 360 level. 5th wave may end up around 400 level. it has already given box breakout target levels.

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BOROLTD is forming a rounding bottom and it can raise 26% if it breaks above 184 level, you can also see a smaller rounding bottom inside bigger one, which gave 10% raise in stock price at 150 level. it looks like add on dips at current stage

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BHARTFORGE has given weekly neckline breakout of H&S. looks 850 in a bull run, however 780 which is all time high may act as hurdle before that.

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AUBANK looking for a breakout at 920 levels, as long as it sustains above 830 bullish trend will be intact. breaking above neck line around 920 will take this stock upto 1200.