adarshmanojsingh

adarshmanojsingh

A breakout can come in cg power after forming a good rounding bottom pattern and then consolidating. A perfect triangle pattern formation is formed and if it crosses the upper trendline it can show a good move . Can be a stock in watchlist.

adarshmanojsingh

Godrej Properties have corrected a lot from highs but now it is taking a support at long term trendline. Realty sector is fundamentally good for next 5-10 years to this correction looks like a good opportunity. The deal with DB Reality is off which Initially had a negative impact on the stock. Also due to overall correction in market and reality sector it is at...

adarshmanojsingh

kpit technologies after correction in entire it sector is ready for another up move. it is bouncing between its 200 and 100 day moving average , which means a big move is about to come . it is also forming a small symmetrical triangle formation whose breakout is about to happen. if you see then the candles at the bottom or during this base formation have been...

adarshmanojsingh

Barbeque Nation is forming a decent symmetrical triangle formation. it has taken 3rd support at the trendline and had also formed a rounding bottom formation which shows accumulation. Can be bought after breakout of upper trendline. MACD Crossover is also on a verge of happening, which helps the trend and big move. This stock is volatile and sometimes gives big...

adarshmanojsingh

Cholamandalam Investment has formed a good Inverted Head And Shoulder pattern with good volumes. The stock is also moving in all time zone so it can be bullish. I expect a breakout and then a retest. You can add with small quantity at breakout and remaining after retest as usual.

adarshmanojsingh

Charts Looks brilliant and has been in momentum. The build up started with a gap up opening and then the gap never filled which shows strength . Then there has been a multiple Rounding bottom formation . After this rounding breakout the stock could move Quickly.

adarshmanojsingh

Maharashtra Scooters Ltd has a tendency to consolidate an then give a move . Previously before twice it has done the same thing . This time the consolidation has extended but looks like breakout has happened . Though there has been a little correction selling but if it retest's it can give an upward move or it can directly move upwards. Looks like a decent chart...

adarshmanojsingh

A beautiful Head And Shoulder pattern is formed and breakout has happened . The best part is that stock has retested as well. After a long fall and consolidation there looks a Decent upside For Decent Targets. Target could be its all time high.

adarshmanojsingh

Almost a 10 year falling channel breakout has happened in jindal drilling. Usually falling channel breakout gives a huge targets and is also in this case. The target could be somewhat 440 and the CMP is 142.

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DLF Has given a big breakout after almost 10 years of consolidation.. Though the breakout happened earlier it got failed because of covid second wave. It has formed a big base at the bottom and usually the more bigger the base , the bigger is the upward move. Its like constructing a building , the bigger the base below the ground the stronger and taller is the...

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Edelweiss Financial Services has been in a sharp downtrend since long. Now it seems a reversal can happen. Triangular breakout and bottom seems to be capped. Rakesh Jhunjhunwala has increased his stake in it. Its peers have been performing like motilal oswal, IIFL Finance. So this can also show a re rating. Looks like a good buy.

adarshmanojsingh

Rain industries has formed a perfect textbook rounding bottom formation. This looks like a reversal . Not only price but volume has also supported with rounding formation. The history of the chart says that when this stock comes in momentum the rally extends. If it retests its level it would be a perfect buying opportunity. That being said stocks sometimes don't...

adarshmanojsingh

D Link India can show a big move or stock can boom anytime. Charts Show that it is in a accumulation time with huge all time high volumes. 3 Rounding Bottom Formations which together form a big Rounding bottom pattern. This pattern is formed after a bullish uptrend from 40 levels and clearly in consolidation. Stocks like Smartlink have runaway significantly so i...