aashu24ahuja

aashu24ahuja

All the analysis is done on the chart. Strong volume during upmove shows accumulation VCP pattern Low volumes during retracement

aashu24ahuja

BO and upmove of 70% Retraced by -25% Now forming base with volume contraction Keep on watch

aashu24ahuja

Looks perfectly placed, need to close above 450 for confirmation of BO. This will also take the price comfortably above 200EMA One can go long with stop below 200EMA on daily chart.

aashu24ahuja Updated 

2018 High Crossed in 2022 - 4 years high crossed (Breakout) Look at the volume bars during and before the breakout, volumes on up days are high Giving a good entry point now, since the stock is retesting the weekly breakout On the Daily chart the stock is taking support at SuperTrend location Entry at CMP looks great, stop-loss could be ST or Rs 1775...

aashu24ahuja

Whenever MACD turned negative in the past, past 3-4 months were followed by correction.

aashu24ahuja Updated 

If you look at the downtrend, everytime it tries to cross or breakout above 20EMA it falls back Observe the SuperTrend was always in selling when the stock was trying to breakout above 20EMA This time the breakout is different, it is above 20EMA, above SuperTrend and the strong body candle Stop loss could be median of the breakout candle or the low of the...

aashu24ahuja

The price is trying to move above 50EMA with MACD turning positive and RSI breakout. The momentum is building up, it can be a good buy at CMP

aashu24ahuja

If the retracement stops near 1000-1025 levels and it makes a bullish candlestick pattern then it's a great buy at the levels with swing low as stop loss

aashu24ahuja

If it crossed the IPO high then-new momentum should show up.

aashu24ahuja

Rectangle breakout on the weekly chart. The breakout is supported by good volumes. The Momentum indicator MACD turned green on the latest weekly candle (Just for BO confirmation). Buying can be done at CMP ~ 635 Stop loss would be breakout candle low on daily which is 616 2017 high is 661, which should be taken out sooner or later. One can add few...

aashu24ahuja

Made a short-term top at 1400 levels, retraced for ~4 weeks with price correcting close to 26%, made a bottom at 1023 levels, and now it looks the correction is over and it is heading higher. The journey towards 1400 may not be easy though. Trade with SL.

aashu24ahuja

A breakout above 224 on the weekly close Recently volumes have picked up The chart is making higher lows beautifully

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The retest of the breakout has happened, now a hammer formation is showing signs of recovery. This is a weekly chart, and a beautiful hammer is already in place. If next week's candle is green, we can see momentum coming back An additional confirmation would me weekly MACD turning green. Once the MACD turns green, we can start building positions in smallcap space.

aashu24ahuja

Nifty has broken out from long congestion/consolidation. Whether this is a genuine breakout or not we'll see in the coming days. Any longs should keep breakout candle low as stop-loss.

aashu24ahuja

Strong breakout with great volumes on the weekly chart. Buy Zone - 5900-6100 Stop Loss - Below 5300

aashu24ahuja Updated 

Breaking out the ATH levels, pattern target comes to 320+ Volumes are okay but let's see if they pick up Stop loss can be flat 8-10%

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Breakout above Rs 650 with stop loss of Rs 525 on weekly closing basis. The current week's candle is having strong volumes, it is likely to break in the coming week. Fundamentally one of the best companies in Aquaculture domain.

aashu24ahuja

Waiting for TL BO