Praj Inds has formed a probable Flag & Pole BO formation on monthly chart. RSI is well above 60, volumes has been good, After a long consolidation looks set for a good movement.
Discl : Invested, Chart for education purpose only, this is not a reco for buy & sell.
Tata steel looks good on daily chart with a potential Break out candidate. It has formed a C&H pattern on daily chart & also breaking the trend line & the previous high trend line. Volume has been good over past few days. The RSI is in 60+ zone so the stock has good momentum with Strength. Keep an eye on the counter, can give some good returns in short...
Inox wind weekly chart seems under the formation of C&H. Thought its early to pre-empt, but worth keeping the stock on watch list. RSI is also decent at 56 for weekly chart with this week yet to have 4 more sessions.
Disc : Invested. Not a reco to buy or sell
beautiful set up on chart, long consolidation... Channel BO candidate, double bottom candidate, RSI BO, RSI @ 69 (good) & Increase in volumes over the consolidation period...all makes it a perfect BO candidate..a perfect text book example!.wait & watch..will it give a BO?
Disc : Invested, not a reco for Buy/sell
Symmetrical triangle BO on daily chart for IIFl Sec, the RSI is just above 60, next hurdle is at 98 & 105. Need more volumes & strength to have some quick up moves.
Disc: Invested, not a reco to buy/sell.
RPP Infra is a potential candidate for a symmetrical triangle BO, RSI is on uptrend at 54, volumes for today looks good. Need a monthly closing above 78.75, next hurdle at 85.95.
Keep on your watch list.
Disc: Invested, not a reco to buy/sell
Balaji amines, on daily chart..RSI BO, Descending Triangle BO, Volumes for today were very good, strong closing, RSI is close to 60 good strength, Small resistance at 3600...weekly chart also looks good
Neuland lab has been consolidating for around 13-14 weeks & formed a strong base on weekly chart. The base has acted as a strong support, as can be seen in charts script has taken support multiple times. This was also a strong resistance zone when script broke out in Feb 21, now acting as strong support. The stock has seen a relatively low volumes in...
JP power has given a Break out on Daily time frame & looks very strong on the weekly & Monthly time frame as well. The stock has given BO on Daily TF with a good volume. RSI is above 60 which is strong momentum.
Looks strong on weekly time frame as well. Resistance at 6.84, a monthly close above 6.84 will make a strong candidate, the monthly chart is under the...
Sumitomo Chemicals seems to be giving a BO on daily charts, volumes are decent, RSO is close to 60. The RSI has given bullish divergence, this can be confirmed with the BO given today of the falling trendline with decent volumes.
Disc : Invested, not a reco to buy or sell.
Morepen labs seems to be a BO candidate on daily chart, RSI is just close 60 & seem sshowing divergence, volumes look decent, have been consolidating since June-July, Keep on radar.
Disc; Invested: Not a reco to buy or selff
KMCSHIL has a symmetrical triangle pattern formation on the daily chart. Stock has been consolidating from mid September. The RSI is not quite encouraging at 43, but seems has given a BO, While todays closing candle is just outside the triangle pattern. stock has form a a good base around 59-61 & held it well during past 1 weeks correction. Low risk : High reward...
ACE is currently retesting the BO on monthly chart after almost 6 months of BO. Has sustained well above the BO neckline for Nov & December till date. A monthly close above 199 should keep intact the support.
A move above 235 will give a strong 14 year BO, target of 29I previous ATH. RSI seems to have given a positive divergence, monthly RSI above 60.
Hindustan copper on a daily chart seems to be forming heading & shoulder pattern. The neckline is forming at 108-110 which has been a strong support line, The 1st shoulder, than the head bigger than the shoulder & now seems forming the 2nd shoulder all looks perfect for H&S pattern. HC has taken support 3 times at the same neckline level in past 5 months. If forms...
Daawat has given falling channel BO on the chart on the daily time frame, RSI is above 60, the MACD indicates a positive divergence, volumes are also decent.Some resistance at 74-75, once cleared target can be 84/90.
Disc: Invested, not a reco for trade, chart for education purpose only.