amar_gr

amar_gr

Orient Paper NSE:ORIENTPPR has a good almost a text book like VCP in progress. ( who cares if its called by a Cup & handle name or any other ) the bias does seem highly biased to me on the upside. Stock Shifting from Basing stage and likely to move to advancing stage. The past FIVE weeks price action is suggesting an upward bias. Average volumes are also...

amar_gr Updated 

24-May-21 NSE:SBIN SBIN has made a new ATH and is consolidating for a likely strong upmove. Coming few weeks it may consolidate between 371 to 416 range. If in coming 4-6 weeks manages to sustain above 371 - 415 range, then most likely targets are 458, 523, 580 Fair possibility of 650 exists if the trend remains intact. Pro's Currently seems to...

amar_gr Updated 

NSE:PNB Punjab National Bank likely in process of forming a base This week of 24th to 28th May 2021 has started off with a 3% GapUp High probability of hitting 42.5 - 44 range target. Small possibility of testing 36.4 before resuming upwards

amar_gr

26-May-21 NSE:TATAMOTORS Stock in excellent uptrend, but faces lots of hurdles ahead Pro's Strong uptrend, and consolidating. New 52w Hi, Plus Hight and tight consolidation indicates likely upmove soon Likely Targets: 432-448, 548-564 Cons Overall upmove likely to face multiple resistances ahead. Consolidation ahead could be likely long drawn,...

amar_gr

Sharing VCP analysis of Morepen NSE:MOREPENLAB Currently in Advancing Stage In Less than 4 Weeks (26 sessions) Net Gain after Breakout = 106% Flag Pole was 80% High Consolidation was 291 sessions VCP Studies: Nice Textbook VCP pattern with 5 Contractions Move started with a failed breakout, from Ctn4. This was followed by a shakeout. Finally...

amar_gr

23-May-21 Pro's Looks Strong, and has broken out above the 52w all time high (ATH) Sustaining above 881 has high potential for 1087 & 1240. Time Frame 6-12 weeks Cons: F&O Stock, likely slow mover

amar_gr

Date: 25-May-21 NSE:M_M Pro's: -Consolidating within the top band -Likely to target 912-950 range soon, if continues to sustain above 800 -Expect a range bound move within the range 695/730 to 870/950 for the next 8-12 weeks Cons: -F&O Stock, likely slow mover -Sustaining Below 695, may most likely take it to 570-595 range

amar_gr Updated 

Refex has completed three contractions, all within the 25% range. It seems to have started to move up from its tight range. The volumes need to be encouraging and higher to be able to decisively cross above 142.40. Entry levels, risk, and targets shown for my journaling purpose.