VijayBabuA

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.

VijayBabuA

decent volume observed in the recent days. breakout from long consolidation. stage1 breakout. trading above all key MA on daily chart.

VijayBabuA

it looks like it has formed double top on daily and weekly chart. if broader market continues it in down trend, we can expect retest of 50WEMA. in the last 3 years it never touched 100WMA. we may see 1360(50WEMA) in bearish case.

VijayBabuA

currently at previous support level. it has been trading in 75-95 range for a quite sometime. expecting in the same consolidation for some more time. currently positioned good for swing position, better risk reward. consolidation mode on weekly timeframe.

VijayBabuA

it broke down 100EMA. on weekly scale, seen like a bear flag, early to call, but need to wait till weekly candle completion. can retest previous swing high on weekly time-frame. waiting for retest of 200EMA.

VijayBabuA

it formed double top on daily chart. however on weekly it shows, it has been consolidating for couple of weeks. watch out of box bottom levels, if it breaks down, it may retest previous swing high. on a positive note, in the last quarter MFs have accumulated. better to accumulate on all key support levels.

VijayBabuA

it is trading in rectangle range for a sometime. consolidating above 200DMA. showing relative strength compared to index. weekly close above 100 will give a confirmed breakout. Risk : it can be in consolidation for longer time.

VijayBabuA

nice Trendline breakout with good volume. double bottom at 100EMA. breakout at 50EMA today. holding 20EMA on weekly chart.

VijayBabuA

it has taken nice support at 20WMA. after strong candle with good volume on daily chart, consolidating in narrow range. better risk reward on weekly scale.

VijayBabuA

trading just below resistance trendline. reclaimed short term moving averages. recent strong volume rally on daily scale. recent rally in chemical sector will be added support. trading in the range of inside candle with low volume. good volume in recent up days. breakout of trendline will bring trend change for this.

VijayBabuA

it is forming cup handle on daily chart. forming higher lows. increased volume during up days in the last few sessions. trading above all key EMAs

VijayBabuA

volume dried on daily chart. reduction in volatility of short term EMA holding 10 EMA level. Nice horizontal consolidation.

VijayBabuA

it has been consolidating in a shorter daily range near resistance line breakout here will open up 10% upside potential.

VijayBabuA

it has been consolidating near breakout level with quite volume. trading above all EMA. long term EMA are flatten. recent shakeout. consolidating with dry volume. positioned with better risk reward

VijayBabuA

it is looking nice on daily chart. has shown up good volumes in the recent past. it looks like VCP pattern. forming higher lows. keep it in watchlist.