chartistamey

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Apollo Microsystems has given a breakout of consolidation with a strong weekly closing, almost forming a bullish marubozu candle Stock will look good only when it retest level of 110 and bounces. Levels mentioned on chart. I will not buy at CMP. Stock has potential to fly at least towards 200 according to fib extension. It is too good of breakout to miss. I have...

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SBICards has been underperforming since last few years. 700-730 has proven to be a strong demand zone for the stock historically and looks like history is getting repeated. 950-1000 is a strong supply zone. Once it is broken, we can see this stock fly to new highs. Currently, stock is a perfect example of buy low, sell high.

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Jubilant pharmova has been trading in a big range since last few years. Stock has managed to close above the resistance and has also retested the breakout. Stock has potential to fly from this levels. Keep stock in watchlist. A nifty500 stock and hence can be relatively safer option. Not a recommendation.

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Medplus has been in a downtrend since couple of years. Stock is showing strong reversal after a base formation. Stock has potential to test ATH and also make new highs. Keep in watchlist. Not a recommendation.

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Policybazar has formed a beautiful rounding bottom pattern and is now looking strong for a strong bullish trend. Stock belongs to new age startup category and investing has more risk associated compared to bluechip stocks. ATH breakouts are usually explosive and can be considered for quick swing trade as well.A similar pattern was observed in Zomato and stock has...

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In my October view, I had mentioned that it is time to be cautious as Nifty was near an important zone of 26240-26270 and we have seen more than 2000 points fall since then. FIIs have sold more than 1.3 lakh crore of equity in last 40 days. Let's analyze what can be expected in this month. We have seen nearly 10% correction from ATH in Nifty50. 23900 is acting as...

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Year endings have historically been famous for a big correction and 2024 is no different. As I had mentioned in my previous idea, 23900, 23300 are crucial support to Nifty and 24300, 24800 are strong resistances We had seen a good bounce from 23300 to 24780 and then a good fall once 24300 was broken again. 23200-23300 will be a key level to understand next trend...

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63Moons had a strong resistance near 400 levels which has been broken in monthly TF and has been retested as well. Stock is looking good for a rocket on the upside and takeoff has just been done. Keep in watchlist. Highly risky stock. Support is very deep. Levels marked on the chart. Looks good to be a zero hero investment for multibagger returns for high risk...

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Panacea biotech is in news for developing Dengue vaccine. Technically, stock has bounced from support trendline and is looking strong to test ATH levels once again which can be around 2x from CMP. Keep in watchlist. A very risky volatile stock and is not a recommendation.

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Technically, IRCTC has been in an uptrend since its listing in 2019. Stock has taken support multiple times at trendline visible on chart. If stock breaks this trendline due to bearish broader market, we can see a swift move towards 660 levels which is yet another demand zone. Levels given on chart. As most of us know, it is a monopoly PSU stock and has big...

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Paytm has been in news for all negative reasons in the past which had caused the stock to crash to below 350 levels from 1800 during listing. However, stock has now managed to breakout of the channel and also has given a horizontal breakout. Above 1000, stock will fly and can become unstoppable. Keep in watchlist. If you are an investor with high risk appetite,...

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Angel One is one of the oldest stock broking companies and 3rd largest by volume of active subscribers. Stock has corrected almost 50% from its high and is now available at an amazing valuation. Stock has potential to test ATH in coming months and also cross it. Keep in radar. Not a recommendation.

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Supriya Lifescience stock has given a beautiful rounding bottom pattern breakout in weekly TF Stock has consolidated above the breakout level which shows strength of breakout. Above 650, stock can fly towards 1000 levels. Keep in watchlist. Not a recommendation.

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Himatsinghka seide has a strong supply zone of 160-180. If this resistance is broken, we can see a quick flight towards 280 levels. However, as this is small cap stock, volatility is huge and hence risk is greater. Not a recommendation. Kindly invest as per your own analysis.

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TGV Sraac is yet another chemical sector stock that has been underperforming lately. Stock has shown some positive signs of recovery in past few months. Stock has given weekly closing above 110 which is a positive sign. Stock can test its ATH if the momentum continues and can also give 2x returns in coming months if company posts good results. Keep in radar....

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Nifty Midcap is standing on a confluence of support of trendline as well as horizontal support. 22000 looks like a make or break level for Nifty Midcap. If this support breaks, we might see a quick fall to 21650, 21480, 21300 levels. If this support is sustained, we can expect a bounce to 22200, 22500+ levels Keep this chart in focus for further swing trades....

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I feel it is time to be little cautious. Post 4th June(the election results day), we have seen a good rally in market from 21300 to 26250 today which is almost 25% and that too without a significant pull back or correction. The rally since past couple of weeks is mainly due to large caps. There is no reason to be extremely bearish but as per fib retracement, we...

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This is an idea of one of the most famous listed new age company, Zomato The stock had listed at 2x of issue price(around 70) and later on went to about 50% of issue price and now again standing at 2x of issue price. What an amazing rounding bottom pattern! This kind of breakouts are very powerful to give multibagger returns. Keep in watchlist. Best buy range is 125-130