VijayBabuA

VijayBabuA

it has formed 4 weekly narrow candles. likely a base formation. checkout recent chart of NEULAND. it also has 6 narrow weekly candles before breaking out and rallying of 100%.

VijayBabuA

it broke trendline with good volume on daily chart. chart looking promising on weekly chart as well. good volume on green days.

VijayBabuA

it is consolidating after high volume rise, it can reach earlier support levels. i.e 90-100.

VijayBabuA

it is forming Flag pattern on daily chart. after a sharp rise of 18% from lows, it has been consolidating for more than 20 days in the range of 3%. repeatedly tested 200DMA, which is at 380. a breakout to this level will bring trend change in it. it has been taking support at 100DMA.

VijayBabuA

it looks like high potential breakout. has been consolidating near resistance trendline.

VijayBabuA

it is forming higher highs on daily chart with high volume. 500 level would be the watchout level.

VijayBabuA

it is forming triangle pattern on daily chart. forming symmetrical triangle pattern, 100 points movement possible as per pattern.

VijayBabuA

it has broken out from rectangle range with good volume. prior to this has a run up of 40% from bottom. 11% upside visible from breakout level.

VijayBabuA

looks interesting on weekly scale, above 110 can bring momentum in it.

VijayBabuA

it has given flag breakout on daily chart and taken support at 20D moving average. and trying to break weekly channel. volume seems to be relatively higher. if it sustains above 400, then it is going to be a good breakout

VijayBabuA

Hindustan Foods is ready for breakout on weekly chart. it is coming out of rectangle consolidation of 1.5 years with good volume on rise weeks. 33% potential upside possible, post breakout.

VijayBabuA

chart pattern suggest, ready for long term trendline breakout. a breakout at trendline will bring in potential upside of 70-90% upside. 250 level is going to be crucial level, on weekly chart price consolidated between 220 to 240 for 6 weeks. potential breakout will bring good returns in short term. keep it on radar.

VijayBabuA

It has taken support at 150 levels, and it has formed hammer on weekly chart. risk reward favorable here. we can see rally towards 20WMA. weekly RSI is in oversold zone.

VijayBabuA

it has given breakout on weekly chart with good volume. on daily chart we can see high volume rise on continuous sessions. as per pattern price can reach upto 66 levels.

VijayBabuA

At least 100 point rally expected in this counter. At least it can go upto 1180 levels. which is also near neckline of H&S break down. until it breaks 1300 level with substantial volume. it is considered as pull back.

VijayBabuA

It has crossed 20DMA. however it is still trading below 20WMA. which is placed at 405. so a rally towards it can be expected. still making lower low and lower high on weekly chart.

VijayBabuA

it has formed double top on weekly chart & Monthly chart as well. and hovering around support trendline and 20M MA. any breakdown in the trendline gives further downside.

VijayBabuA

It has broken support recently and retraced to resistance, then eventually got rejected. last chance to exit longs. seems like consolidation above 1000 was distribution.