In Stage 2 Retest candidate with low selling volume Buying Pressure visible on daily candles Volume support Buy on cmp and avg it till 450 SL is black trendline breakodwn Target atleast 20%
Multiple Confirmations on Chart Visible * Double bottom * Rounding Bottom * Trendline Breakout * Sector winds * Fundamental Support * Volume Support Enter on cmp 183 buy more if comes down Targets 195-205-235 SL 166 DCB for ST SL 155 DCB for LT Message me for more daily update
#NavneetEDUCATION Massive Volume breakout In Stage 2 as per stage analysis Retest done candidate Inside Bar on weekly chart low volume retest Good fundamentals growth Entry on CMP with SL of 95 Targets: 138/153/165
Stock: DBL Reason: Good volume accumulation looking on chart and change in trend started Looking like Retesting candidate with low volumes Buy: 242-45 Target: 299 SL: 230 on closing basis
Starpaper (D) Keep this sector stocks on radar after ban on single use plastic Volume accumulation is visible on chart After breaking 175 with volume confirmation of stage 2 Relative Strength in green
21/6/22 Tatapower Daily Timeframe Breakdown Support is tested multiple times hence making it weak Stage 4 is started now in this as per stageanalysis Retest is done today Targets 180-175 SL: 215
PVR showcase a trendline breakdown on daily chart today with good red candle yes volume is missing in todays candle so we will wait for proper retesting, Hoping bearish sentiments and past selloff will lead this to 1500. Create short positions around 1730 SL as per your R:R
Stock was down after poor management con call No proper plans and guidance for future aspirations Bearish pattern formation on daily chart If didn't sustain 3800 than might 3200 - 3000 than gap is also unfilled present
#TechnicalAnalysis Study of #NavkarCorp Strong Momentum Recent Breakout with Strong Volumes Price > 30 WEMA Entered Stage 2 Retest done Relatively Stronger than #Nifty 0.5 & 0.618 #Fibonacci Levels of Corrective Leg ~ 118 & 142. Looks good for medium term
Date: 23/5/22 Stock: Aegis Logistics Reason: Chart is self explanatory, Volume accumulation going on, retest done after BO on weekly chart, Inverse H & S pattern forming on daily chart. Major resistance is 250 for longterm Buy: At cmp for swing trade for target 250 and for longterm buy after 250 BO. SL: 170 major resistance