capsule91

capsule91

using the ichimoku system in the daily chart, reveals a very bearish sense.. there is a head and shoulder formation in the weekly chart, with the price action and the neck of the HS at the yearly pivot, the S1 yearly support most likely to act as a base after the HS does the damage to the price action supports to watchout of in the weekly chart once the yearly...

capsule91

Disclaimer.. not an investing/trading recommendation the uptarget is based on point and figure chart and is a preliminary one, a conservative approach... target after formation of LPS last point of support will be updated in duw course

capsule91

Disclaimer... invested for some positional trading, but not for the longer term.. There might be a big correction back to sub1k levels coming by the end of this year., which is most likely the entry i will be doing for the longer term ... Having said that... i am bullish on the prospects of the business... here is a fine compiled report from dolat...

capsule91 Updated 

Disclaimer.. Not invested, tracking the fundamentals, not an investing/trading recommmendation Updated previous idea...

capsule91

The preferential equity allotment was a sentiment killer which started the distribution in the stock.. the mark down phase has almost reached climax, but what comes after the selling climax is important to be noted.. this has a lot of downside yet left.. so i will be biased towards another redistribution.... Personally, i am very bullish on the fundamentals...

capsule91 Updated 

Disclaimer.. invested Not an investing/trading recommendation

capsule91

Disclaimer - not an investing/trading recommendation

capsule91

the present resistance handling will tell if the change of character post the upthrust has true ly happened or not but its better to stay away from getting into this chpoppy price actrion as the downside risk is significant.. Disclaimer.. not an investing/trading recommendation NSE:SHREYANIND

capsule91

For fundamental update... refer to this IDBI report www.idbidirect.in Motilal oswal...https://www.motilaloswal.com/site/rreports/636608535706235921.pdf edelweiss........https://www.edelweiss.in/ewwebimages/WebFiles/Research/f3311d16-b9d3-43c2-a04c-ff5c5ccb2820.pdf Disclaimer...heavily invested, serves as a piggy bank for me... not an investing/trading...

capsule91 Updated 

Disclaimer.. Invested and accumulating again Not an investing/trading recommendation the previous redistribution idea was a early call, the lpsy was formed later on on the subsequent peak, and the lpsy mentioned in this idea was the penultimate peak... Revision of the supports done

capsule91

Disclaimer... not an investing/trading recommendation

capsule91 Updated 

Disclaimer... not an investing/trading recommendation

capsule91

Concerns are spring failure and bearish monthly macd A change of character which will convert the current resistances into support, and will leave the support of the trading range , which presently the price action seems married too... Also consistent rally on volume with good demand bars, will be the qualitatily appearance of change of character, signifying,...

capsule91

The present price action went above the demand line of the channel and face a climactic stopping action n came back into the trading range to retest supply.. this looks like last point of support in formation post Phase C sos.. Also the huge surge in volume at 52week support speaks the same impression whats interesting is, the macd is bearish and ichimoku system...

capsule91 Updated 

Concurrent Drop in volumes to verify distribution The Moving averge shall work as a tight support to the mark down... Disclaimer... not invested, not an investing/trading recommendation

capsule91 Updated 

While the price action in the last 8 months has been pretty suspicious of distribution, while the monthly chart suggests a oversold stoch cci when the price action is in the demand line /support line of the uptrend channel.. So this is a ambiguous scenario, where if i give preference to the story told by the price action it seems to be artistic selling by the...

capsule91 Updated 

it might look a bit messy at the first glance, but i used multiple systems 1.potential bearish harmonic pattern in completion of the bullish CD upleg 2.The ichimoku system as explained 3.Wyckoff reaccumualtion as explained 4.Wilder 52 week moving average support 5.Volume surges at support formed by the preliminary supply 6.Stoch rsi as explained Over all a...

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On the way to spring formation Disclaimer.. not invested, interested after looking at the chart Might plan to invest at the spring, if satisfied with the fundamentals Not an investing/trading recommendation