ashutoshmalguri

ashutoshmalguri

Torrent can give a breakout after returning to the pattern boundary after almost 1 year. Stay cautious to avoid shakeouts here, might test patience.

ashutoshmalguri

Pageind forming good bullish breakout pattern

ashutoshmalguri

The scrip can be seen making a strong base support at 61.8 fibo retracement level. Trend resumption expected soon. Ideal for starting an accumulation pyramiding. Invalid if gives a closing below 1700,

ashutoshmalguri

Naukri has formed a good rectangle consolidation In a long term uptrend. This area can be used to accumulae / preemt a breakout. Upper test of pattern boundary can lead to more sideways price action back in horizontal range also. But when breakout happens it will be a good run.

ashutoshmalguri

Suntv is moving towards a breakout on both weekly and daily timeframes, It has also formed a rectangular consolidation (marked on chart) with several tests of the pattern boundaries.

ashutoshmalguri

Grasim seems to ready for good upmove

ashutoshmalguri

Is tata motors going to trend higher long term? Seems so

ashutoshmalguri

trendline resistance about to be taken out, breakout, sector/strength

ashutoshmalguri

Bullish Breakout above horizontal resistance (top one) with good volumes after long contraction in price range and volumes. Support on 200ema identified.

ashutoshmalguri

Important zones marked by lines and circles.

ashutoshmalguri

PVR Ltd developing a head and shoulders pattern.