VijayBabuA

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

VijayBabuA

it is trying to trendline today. recent breakout with high volume. consolidating at higher levels with dried up volumes.

VijayBabuA

rallied more than 10%. huge volume on daily chart. looks like closing above 200DMA. above 95 will make it stage1 breakout. seems like bottomed out.

VijayBabuA

it has retested 200DMA after almost 1year. we can take low risk entry. or wait for it to cross 630. we can witness popped up volume for retest candle of 200DMA. I feel currently it is in accumulation zone.

VijayBabuA

it has given a breakout to the flag pattern. after big volume candle. it was consolidated in a range with reduced volume.

VijayBabuA

Trading near breakout level. Recent listing, currently trading at supply level. taking support at short term EMAs forming higher lows on daily chart. PP volumes in the last few sessions.

VijayBabuA

it broke out trenline with good volume. pullback today.keep it in watch list.

VijayBabuA

trading above short term EMA pull back to short term EMA. took support at short term EMA. EMAs sloping upwards. in consolidation for last 6 months. showing relative strength to index. Green bars have higher volume relative to fall days. same sector stocks witnessing greenshoots. seems like bottom out.

VijayBabuA

rising on with increasing volume. but not sufficient volume on chart above 520 can look for breakout. consolidating in 10% range in the last 6 months. EMA started expanding.

VijayBabuA

price contracted, dried volume. positive business announcement. trading near breakout level. looking pattern like TITAGARH. low risk entry.

VijayBabuA

at key resistance level on weekly chart. breakout ahead after 3.5 years of consolidation. monthly chart looking interesting, consolidating between 220 to 250. trading above 200WMA. took support at 200WMA.

VijayBabuA

it is looking good on weekly chart. showing relative strength to index for the last 1 month. good volumes on large green candles in the last 1 moth.

VijayBabuA

it has formed double top on daily chart. can expect price target of 420 levels. big red candle with good volume.

VijayBabuA

it has reached key resistance level. 730-810 will be the resistance price band. close above this level with good volume, brings the stock into stage-2. already gave 100% rally from the recent bottom. relative strength compared to NIFTY. daily RSI swungs between 50-80.

VijayBabuA

it opened gap down after long consolidation. seems like more downside left. first retest would be of 200DMA. watchout of retest of previous swing high on weekly chart.