kathanthakkar403

kathanthakkar403

CHART -> Kirloskar Ferrous WEEKLY SETUP As seen per the chart, there are few things to note: 1. When the stock was in upmove, we have seen good volumes but in downmove volumes were very low. 2. A descending triangle a breakout is seem to be forming with good volumes. 3. MACD is about to have a bullish crossover. Looks good for medium term. Disclaimer: This is...

kathanthakkar403

NIFTY METAL -> WEEKLY CHART One index which has to be in your radar for next 3 months is NIFTY METAL. Long uptrend and consolidation going on as Flag and Pole pattern. Breakout above the trendline or breakdown below should carve way further. Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please...

kathanthakkar403

CHART -> Century Ply DAILY SETUP Perfect triangle breakout with highest single day volume after 1.5 years!😍 CMP: 657 First target: All time high of 712 Chat pattern target: 840(as shown) Stoploss: If sustains below 570 for few days Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your...

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CHART -> USHA MARTIN DAILY SETUP As per chart after a good up trend in Usha Martin, a good consolidation has been goin on. Today it gave a range breakout not far from 200 DMA and with good volume. Keep this in radar. Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor...

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CHART -> JINDALSTEEL WEEKLY SETUP As seen per the chart, Flag and Pole breakout in Jindal Steel. First hurdle is to cross all time high of 501, so that will be our first target. Next target should be around 750. Since it is a weekly chart time period is 3 months to 1 year. Stoploss should be at 375 on weekly closing basis. Disclaimer: This is for educational...

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CHART -> LAURUS LABS DAILY SETUP As seen per the chart, inverse head and shoulder breakout in Laurus. Looks good to test 700 levels again. 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.

kathanthakkar403

USOIL -> Montly Chart Keep this chart and important levels in radar in your investment journey. Higher price of Brent Crude is never a good thing for Indian Stock Markets. 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.

kathanthakkar403

VTL -> 1 Hour chart Upper line was acting as resistance and lower line was acting as support, and now it seems to have given a breakout. Since it is hourly chart, short term good movement can be expected. Target can be 2730. Weak below support line. Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered....

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CHART -> HINDALCO DAILY SETUP Cup and Handle Breakout in Hindalco daily time frame. First target: 625 Second target: 695 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.

kathanthakkar403

CHART -> TCS DAILY SETUP Keep an eye on TCS as it is trading under a symmetrical triangle in daily timeframe, with upper trendline as resistance and lower trendline as support. 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.

kathanthakkar403

CHART -> Nazara Tech WEEKLY SETUP As seen per chart, Nazara is currently trading at 1894to1994 range, which was previous resistance for the stock. After breaking out that resistance we had seen a more than 65% gains. Now it has come to retest the range, will it be acting as it's support in the down move this time? Disclaimer: This is for educational purpose...

kathanthakkar403

CHART -> VIP Industries WEEKLY SETUP Despite Nifty is trading in sideways trend for quite some time now, VIP is showing strength and trading in a bullish channel in weekly time frame. This shows that chart has a very good strength for a long and strong rally. Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI...

kathanthakkar403

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...

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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.

kathanthakkar403

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...

kathanthakkar403

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:...

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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...

kathanthakkar403

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...