avlnrao63

avlnrao63 Updated 

PNB-36.95- Going in ascending channel trend. Breakout may happen soon. It can go to 37.75 and 41.2 with a sl of 33.95. It is for educational purpose only.

avlnrao63

Cadila CMP 477. Movement from Bollinger band lower to upper end. Cadila is having tendency to move from lower end of bollinger band to upper band. It has done in past for for many occasions and is shown in boxes marked in graph. This time also it might repeat the same feat again and may reach 500++ targets soon. It has already started from lower end of the band...

avlnrao63

BHEL- CMP 40.5. It made cup and handle pattern which is followed y consolidation. It is in the process of break out. Todays cash volumes are higher than previous 4 days average volumes on increase in price. Today it came out of F&O ban which is a positive sign since trading in F&O is allowed. Today during last hours of trading it went up by making higher ups and...

avlnrao63

CadilaHC- CMP 472.9 - It is on ascending channel pattern. As long as it is in this pattern it is bullish. Yesterday it closed at support level and if goes from this support it can go up. It has reversed on several occasions earlier fromits 50EMA levels. This time will it repeat same feat again or not to see. This is for educational purpose only.

avlnrao63 Updated 

ITC- CMP 217.85. On weekly chart it is confined in between 50 EMA around 200 and 100EMA around 218. If it closes above its resistance of 220, then it can go up to 235 soon with a sl of 208 and below on closing basis. Volumes are good.

avlnrao63

Vodafone Idea- It has formed cup and handle pattern on 15.12.20. The same was published in this forum. Given in the link given below. Yesterday it has cleared one year resistance and made a new yearly closing high of 13.6 with huge volumes. This is an indication of breakout with formation of longs. This rally can take Idea to 15, 17.15, 20 in short term to medium...

avlnrao63

Vodafone Idea- It has formed cup and handle pattern on 15.12.20. The same was published in this forum. Given in the link given below. Yesterday it has cleared one year resistance and made a new yearly closing high of 13.6 with huge volumes. This is an indication of breakout with formation of longs. This rally can take Idea to 15, 17.15, 20 in short term to medium...