architkabra24

architkabra24

From February 2023, SFL has started making its range between 990 to 1200's level. If we look at the pattern that it has created, it is more of a volatility contraction as it makes a higher low in the second contraction and it continues to go if you see it contracted to a smaller range from 1200 to 1061. Now the pattern looks promising as it is above the 1200 level...

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While It can be visible from its all-time high to now, a cup and handle with a deeper cup is formed on the PNC Infratech chart. It is giving a sense of bullish momentum. I have combined charts of Godrej Consumer Products with it as when you see its chart as individual, you will see both these charts seem similar in pattern. As it has happened with Godrej Consumer...

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Avanti feeds saw its all-time high in 2018 and the bullish rally in 2021 was also not able to take it further above its 2018 high! This time after a longer consolidation period, it seems to have come out of its nutshell from the levels of 460 ahead to march up for new rally. The chart seems similar to that of UTI AMC.

architkabra24 Updated 

Being in the downtrend followed by a consolidation, a clear break out is seen in Hindustan Copper as it crosses levels of 175. It might start a rally in this stock after many years. The positive relative strength supports the signal as well.

architkabra24 Updated 

Being a pioneer in the mutual fund industry, this company is heavily relied on, especially due to the index funds it is running. This company after a long period since listing in late 2020 (maybe) and touching the top in September 2021, has now shown a good breakout from a triangular consolidation pattern. The consolidation was quite long between the price range...

architkabra24 Updated 

Bayers Cropsciences hasn't touched its top since 2020. Now, after a long time and the pattern formation of a downward channel, you can also make it a flag and pole pattern that can be visible. The stock has given a breakout and corrected last month near the trendline above. So, it is clearly showing a solid commencement of a new uptrend.

architkabra24 Updated 

If you see the relative strength of ONGC, it was positive on monthly charts back in 2015. After many ups and downs, it's back in November 2023! This might be an upside trend indication. One more indication comes from a reverse head and shoulder pattern that can be seen on the chart, adding to the upside indication.

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On the weekly chart, there is a tilted neckline head and shoulders and a double bottom created on a recent past few weeks' candles. It is giving a bullish momentum to the stock that can make the stock march towards its all-time high. A perfect volatility contraction is seen from a longer time to higher time.