abhishek_sh4

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Fundamental View DB Corp has said to be the third largest newspaper brand in India. During covid, newspaper distribution was a huge problem & many paper-print-based companies saw disruption in their business operations. Now when we are getting back to our normal routine, these media houses can see a re-rating because of the following reasons: => End of pandemic...

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About the company NIFTY IT index & other stocks from Mid-cap & large-cap has shown a tremendous performance, where OFSS being a strong financial company has underperformed. [i ] Chart analysis This is the monthly chart of OFSS, the stock is in the consolidation zone for years & now has given a breakout from its 2015 high with record volumes. As per...

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RIL after making a high of Rs 2369, corrected to 1835 levels. Since November 2020, RIL has underperformed NIFTY50. While NIFTY is making all-time high, Ril is consolidating in a range for almost a year. It is remarkable that RIL is in the structure of making higher high & the price is moving northwards making rounding bottoms. Higher low: 1835 Higher low:...

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EPL Probably, the accumulation of stock has been done & on Friday stock gave a breakout with volumes. Today it has retraced back to its support level, providing a good entry point. Risk to reward looks favorable

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Observations: =>P&F charts has formed ascending triangle on daily chart =>Stock is at multi-year High =>Also wave count suggests the downtrend is over => MACD seems to be bullish

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Observation: RSI divergence Probable Bearish Island reversal Rising wedge

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Today, TCS gave a breakout after years of consolidation, will the things are looking positive for the IT industry ( As per some Management commentary) I have counted Waves for INFY on the daily chart. I think we are in 5 wave & INFY can rally from here. There is a breakout on the chart, thus you should keep your stop loss tight. Probably this 1070 should be our...

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formation of rising wedge pattern: Bearish Also marked ABC Wave. : prob. completion of wave There might be some sideway move for some weeks. Only below 11000, we will see targets for 10000, 11000 might give some support. Fundamental Data to support this rising wedge. GDP Data: Bearish Border Tension: Bearish Pandemic: Bearish

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Observations: -> Elliott wave (5 Wave count) -> Major Resistance at 1972 turned in good support. -> Used Cyclic Timeline (Probably trend reversal) -> Short term major resistance at 2800 ->Targets based on Fibonacci

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Observations -> Fresh Breakout with good volumes. -> Trading above all major moving averages. (MA based on Fibonacci) -> Stong bull Candles with high volume in the past few sessions. 19 Aug 2020: Delivery 35% SL should be around: 62-64. Note: Take trade only if your Risk to reward is favorable.

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Observations: 1.) "+" Shows strength candles. 2.) Higher High + Higher low = Accumulation 3.) CDSL has moved out of the channel & also it is on 61.8% Fibonacci Retracement. There I expect small correction before it continues its rally. 4.) Rs 368 can be tough resistance in the short term, where I again expect some consolation before moving towards are future...

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BLS International (Micro/small cap) CMP: 96.30 (NSE) -> Promoters Increasing their shareholding -> Strong buyers (Candles) -> High Delivery % in the last two weeks. -> Trading above normal volumes Target 1: 120 Target 2: 140 SL can be based on MA or previous low. Buying rage should be in the range of 87 to 90 Note: Low liquidity stock

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Simple price action: Explained everything on the chart. Note: Pl take SL based on your own RR.

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Adam and Eve with inverse Head & shoulders. Target-based on Adam & Eve with Fibonacci Extension

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=> Targets based on Fibonacci Extension => Strength (Bullish candles) with high volume. => Retracement back on low volumes => Bullish RSI => + price channel

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Thermax News: tech.economictimes.indiatimes.com (Please go through the news) TA: Accumulation zone, High Delivery, High Volume Everything explained in chart

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Everything explained in chart

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Simple price action combined with 3-day rule by Marty Schwartz.