VijayBabuA

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.

VijayBabuA

there is a 10% price difference between NSE and BSE. BSE price is 10% higher than that of in NSE.

VijayBabuA

it is looking good on daily chart. seems strong supply at 450 level. but it is holding short term EMA and forming higher low. keep it in watch list.

VijayBabuA

it is looking good on daily chart. after rallying 50% from low, it is holding 10EMA well. it may witness next leg of rally.

VijayBabuA

it is looking strong on daily, lets watch it next week as well. it is holding levels on daily scale. let's see whether price retraces to MA or MA catch up price. let's wait for volume dry up during this consolidation or fall. and watchout for pocket pivots.