ashishjain14361

ashishjain14361

Stock might give good on breakout of trendline. Might expect good sales during festive season

ashishjain14361

Prestige Estates has formed a good VCP pattern and currently in consolidation. can expect a good move on breakout.

ashishjain14361

KEI bounced from its trendline support. it also posted good results so can expect good upmove but do keep a stoploss

ashishjain14361

Phoenix Mills broke the resistance level after a good shakeout on weekly basis. Looking good at current levels. Watchout.

ashishjain14361

KEI looks good at this level technically. It is consolidating after a good rally from 375 to 525 and the volumes are less so it indicates that sellers have dried up. May give upmove on break of 495. Do keep a stoploss as per your risk.

ashishjain14361

DEEPAK NITRITE HAS FORMED CUP AND HANDLE PATTERN AND GIVEN A BREAKOUT. STOCK IS SHOWING GOOD STRENGTH IN THIS DOWNWARD MARKET. IF MARKETS START REVERSING THIS STOCK WILL MOVE GREATLY.

ashishjain14361

CAN GO LONG IN YESBANK AT CMP WITH 10% STOPLOSS FOR TARGETS OF 600 FOR LONG TERM. IT HAS FORMED A MEGAPHONE PATTERN BUT THE PROBLEM THIS TIME IS THE FALL IS MUCH QUICKER SO THERE IS CHANCE OF BREAKDOWN SO IT IS A RISKY BET BE CAREFUL. SAFE PLAYERS CAN WAIT FOR BOUNCE.

ashishjain14361 Updated 

CROMPTON HAS FORMED HNS PATTERN WHICH IS A BEARISH PATTERN ANY BREAKDOWN BELOW THE NECKLINE CAN TAKE THE STOCK TO 140-135 RANGE KEEP WATCH. STOCK BOUNCED A BIT FROM THE SUPPORT LINE AND FROM 100 WEEKLY EMA.

ashishjain14361

JET AIRWAYS IS AT ITS CRUCIAL SUPPORT LEVEL ANY BREAKDOWN WILL LEAD TO A CRASH LANDING FOR THE STOCK. AS YOU CAN SEE STOCKS FALL IS REDUCING NEAR SUPPORT SO ONE CAN GO LONG WITH TARGETS OF 3X FOR 3-5 YRS TIMEFRAME AND WITH STOPLOSS OF 235. SAFE PLAYERS CAN GO LONG ABOVE THE HIGH OF PREVIOUS CANDLE.

ashishjain14361

pfc has formed a inverse head and shoulder pattern which is a bullish pattern. can go long above 89.5 with targets of 93/104 and stoploss of 86.5

ashishjain14361

go long only if price closes above 50 and 200 EMA and also by seeing price action it looks like head and shoulder pattern is forming confirms only on close of above 161.long above 143 with stoploss of 136 and targets of 159 and if breaks 163 then 175/185/205.

ashishjain14361 Updated 

WELSPUN INDIA HAS FORMED DOUBLE BOTTOM PATTERN AND VOLUMES ARE MORE ON RISING DAYS AND LESS ON FALLING DAYS IT ALSO GAVE A SHAKEOUT NEAR BOTTOM AND ALSO BROKEOUT TRENDLINE WHICH MAKES IT A GOOD BET. ONE MORE THING NOT REALTED TO TECHNICAL BUT IT IS FUNDAMENTAL AS THE RUPEE IS FALLING IT IS GOOD FOR WELSPUN AS IT EXPORTS 90% OF IT GOODS TO FOREIGN COUNTRIES AND...

ashishjain14361 Updated 

arvind broke out from a big consolidation today with a strength candle so one can go long at cmp of 430 with stoploss below 418 and targets of 445/477. risk reward ratio is not so good at cmp so it would be better to enter at a lower price.

ashishjain14361 Updated 

by seeing charts it looks like stock has formed a good base and it is ready to move upside. it broke the trend-line pullback done now it has to move. view invalid if price falls below trend-line and sustains.

ashishjain14361 Updated 

apollo hospital making lower lows but the difference between each low is reducing which is sign of reducing bear strength. it has also broken trendline which represents that trend is about to reverse. one can go long for targets of 960/994/1030 with stoploss of 923

ashishjain14361 Updated 

beml was forming a lower low pattern but the difference between each lower low is decreasing by each swing which represents that bear strength is reducing and the stock is ready for some upmove.

ashishjain14361 Updated 

star gave good bounce from support. one can expect a move upto 420 and there is also divergence in obv in hourly timeframe so can go long at cmp with stop loss below 325 and target of 420 and above 440 one can trail for big gains

ashishjain14361 Updated 

by seeing charts it is clearly visible that bear strength is reducing so we can expect this carnage in smallcaps to be completed in near term. I have posted some similar setups in my previous posts which have been successful so expecting the same in smallcaps fingers crossed