aashu24ahuja

aashu24ahuja

1. Good pull-back post the breakout 2. Took support at the breakout levels and this coincides to 20SMA 3. The pull-back was on lower volumes and breakout on higher

aashu24ahuja

1. Chemical sector in focus from long now 2. ATUL has been proved a consistent compounder 3. The pullback has taken support near 21EMA 4. Very tight consolidation range Note:- This pattern can go any side (up or down) but looking at the candle formation and 21EMA support I can take some risk and go LONG.

aashu24ahuja

1. New 52 week high 2. Strong weekly candle with huge volumes 3. Strong order book 4. Defense sector in focus One can buy partial quantity here and partial post retest if happens.

aashu24ahuja

The chart looks bullish, after a strong up move some consolidation near previous highs. Observe volumes - High during buying, Low during selling. Increased stake by Radha Krishna Damani Ji

aashu24ahuja

Any pull-back near 320 levels will be mouth-watering levels to accumulate, given it holds that zone. Fundamentally it is a good company and they are launching a new line of products - tataq.com

aashu24ahuja

Alkem Lab - Be watchful for reversals from this zone

aashu24ahuja

VCP on Ajanta Pharma

aashu24ahuja

Be watchful of 290-300 levels

aashu24ahuja

Aarti Drugs has broken his previous 5-6 years of rang bound movement and finally, the up-trend seems to be resumed. It would be wise to wait for some pullback and then enter. I would be watchful at 875-880 levels to enter. (Refer daily chart, this level acts as a previous top) Stock is volatile so stop loss can be kept on a closing basis or some additional risk...

aashu24ahuja

Asian Paints - Trending in a channel from 2015 Jan This time also, it has taken support at the lower trendline of the channel The lower trend-line coincides with 100WEMA (Weekly EMA) Good compounders should be always analyzed on the weekly charts such points are low-risk entries Disc:- Invested at 1600 levels

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Volatility Contraction, kind of a VCP plus price has taken support near 20EMA

aashu24ahuja

Buy Alembic 52-week BO, correction and upmove again

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Stock making 52-week/ATH and then it is bound to correct and take support near 20EMA/SMA or worst case at 50EMA/SMA. The candlesticks are showing the loss in volatility and stock is taking the support. Once the bullish candlestick pattern is observed near the support one can take the position with a stop below 20EMA or previous swing low.

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This chart is a clear example of how classical candlestick patterns work

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There is a momentum with railway stocks, IRCTC bumper listing plus RITES giving huge returns. The stock is now retesting with lower volumes and looking at the candles near the retest zone, one can safely assume that either the consolidation is going to happen or uptrend will continue. One can keep a stop of anything below 255-256

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Holding nicley at the retest levels

aashu24ahuja

Avanti Feeds - Holding well above trendline BO on weekly

aashu24ahuja

The breakout from falling trend line shows change in price action, the buying can be done at retest of 120-125 levels