CHART -> VIP Industries WEEKLY SETUP A promising Cup and Handle breakout with good volumes, as chart has given weekly close above it's 2018 all time highs. This should pave the way for new territory to explore for VIP. Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial...
CHART -> Nifty50 WEEKLY SETUP In this volatile market, we should keep the Blue trendline in focus as Nifty has taken support 5 times before. Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.
CHART -> HINDALCO DAILY SETUP Cup and Handle Breakout in Hindalco daily time frame. If market supports and first target, which is all time high of 551 is breached, we can see 625, which is target of cup and handle. Q3 results on Feb 10, 2022 to be looked out too. Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI...
CHART -> SUMITOMO CHEMICAL WEEKLY SETUP As seen per charts, there are few things to note: 1. In weekly time frame, it has given a beautiful flag and pole breakout. 2. Last breakout candle has been with marginally better volume. 3. RSI has gone above 60. 4. MACD crossover during breakout candle. Targets: 1. All Time High: 460 2. Flag and Pole target:...
CHART -> Century Enka MONTHLY SETUP As seen per the chart, we can see a trendline which acted as resistance since 2006. Four times the stock got rejection from that trendline and couldn't close above that on monthly basis. After 15 years, in January 2022 finally it was able to break out the devil trendline and gave close above that on monthly basis. This should...
CHART -> Nifty50 WEEKLY SETUP Upcoming budget week, there will be volatility every day in market, but at the end our weekly support should be intact for market to show further strength. In Nifty50, clear support of 16,800 level is visible on weekly chart. Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI...
CHART -> Nifty Bank WEEKLY SETUP Bank Nifty has two support levels to be looked out for. 1. There is a Bullish Trendline which Bank Nifty has respected in latest correction. 2. 34,000 levels on weekly chart is also a clear support to look out in coming week. Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI...
CHART -> Nifty Smallcap WEEKLY SETUP Except few countable shares, most of the market is Small and Mid cap, one should also keep Nifty Smallcap chart in radar, which have seen a massive rally in 2021. 10,540 levels seems weekly support from which, last week also it bounced back. Disclaimer: This is for educational purpose only. This is not any recommendations. I...
CHART -> RELIANCE WEEKLY SETUP As seen per the chart we are seeing a range of 2250 to 2325, was a previous resistance for Reliance and after the Breakout has been done, now in this correction that range is acting as it's support. This for educational purpose only. Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI...
CHART -> RUPA & Co WEEKLY SETUP As seen per the charts: 1. Big Cup and Handle formation is under construction, with 555 as resistance. Any weekly close above 555 will be considered as breakout. 2. Last correction in the stock has formed a double bottom pattern, which is also a bullish pattern. 3. After double bottom, we can see huge volume bars also. We have...
CHART -> JAMNA AUTO DAILY SETUP Jamna Auto trading in a channel. Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.
CHART ->SUNTECK REALTY LTD WEEKLY SETUP As seen per charts, there is few things to note: 1. In weekly time frame, it has given a Multi Year breakout. 2. 512 to 535 was a resistance zone for the stock which it did breakout this week. 3. Last few candles has been with good volume. Disclaimer: This is for educational purpose only. This is not any...
CHART ->Deepak Fertilizer WEEKLY SETUP As seen per charts, there are few things to note: 1. In weekly time frame, it has given a huge cup and handle breakout. 2. Last breakout candle has been with good volume. 3. MACD crossover in the breakout candle. 4. Not for technical point of view but we have to take a note that -> FII INCREASED THEIR STAKE BY 10% IN...
CHART -> SEQUENT SCIENTIFIC DAILY SETUP As we can see on chart, Sequent Daily chart is giving three bearish trendline breakouts. MACD finally going positive after August. Huge volumes also in last 2 days. These factors should act as a forward looking journey for SEQUENT SCIENTIFIC. Disclaimer: This is for educational purpose only. This is not any...
CHART -> ITC DAILY SETUP ITC is near to it's trendline as resistance and at the support side near to 200 Days Moving Average. This factors can define short term paths for the stock. Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.
CHART -> RUPA & COMPANY DAILY SETUP Rupa has given a trendline breakout with huge volumes, RSI was also facing hurdle to get above 64.. Now it is 66. Also the price is near to 200 DMA, giving more scope to rise. Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor...
CHART -> TVS Motors DAILY SETUP TVS Motors seems to forget it's downtrend and started in a sweet little uptrend in daily time frame. Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.
CHART -> RUBFILA WEEKLY SETUP As seen per charts, there are few things to note: 1. In weekly time frame, it has given a flag and pole breakout. 2. Last breakout candle has been with good volume. 3. RSI gone above 60. Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor...