kathanthakkar403

kathanthakkar403

CHART -> Canfin Homes DAILY SETUP As seen per charts, there are few things to note: 1. Jubilant Ingrevia was trading under a trendline and in the downtrend. Recently it broke the trendline, telling the downtrend may be over. 2. From last few days it has started trading in a small upmove channel. 3. Today it has given a close above 200 DMA, and that now can act...

kathanthakkar403

CHART -> Godrej Consumer DAILY SETUP As seen per charts, there are few things to note: 1. Stock was first trading near 200 DMA and after that now it is consolidating near 100 DMA. 2. A small flag and pole pattern has been formed, with it is consolidating in between 975 to 945 range. 3. RSI is facing hurdle to go above 60. A close above 975 or RSI above 60 will...

kathanthakkar403

CHART -> Deep Industry WEEKLY SETUP, CMP: 157 As seen in the chart, Deep Industry is trading under a Symmetrical Triangle in the weekly time frame. Any of the two -> break out above the upper trendline or break down below the lower trend line should be considered for further direction of the price. As per last week's candle, we can see a Symmetrical Triangle...

kathanthakkar403

CHART -> Jubilant Ingrevia Daily SETUP As seen per chart, Jubilant Ingrevia was trading under a trendline and in the downtrend. Recently it broke the upper trendline with good volume. The downtrend seems to be over for Jubilant Ingrevia. Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult...

kathanthakkar403

CHART -> AAVAS WEEKLY SETUP As seen per chart, AAVAS is trading under a trendline channel and in the uptrend. Recently it took support at the lower trendline and we can see a big bullish candle in the last week. Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor...

kathanthakkar403

CHART -> NIFTY AUTO WEEKLY SETUP As seen per charts, Nifty Auto is trading under a channel which is in an uptrend from last several weeks. Nifty Auto is making Higher Highs and Higher Lows. Other interesting point on the chart is that Nifty Auto is trading near to it's previous all time highs. We can see a run-away rally in Auto and Auto related stocks if those...

kathanthakkar403

CHART -> Tata Coffee DAILY SETUP One can keep Tata Coffee in radar, for trendline breakout and RSI breakout. 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 -> Stove Kraft DAILY SETUP One can keep Stove Kraft in radar, for trendline breakout and RSI breakout. 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 -> KTK Bank WEEKLY SETUP As seen through charts, KTK Bank weekly chart is trading in bullish channel. Also in the upcoming budget of 2022, PSU Banks will be on radar. One can take long term decisions by looking at this channel, while making the below trendline as weekly closing stop loss. Disclaimer: This is for educational purpose only. This is not any...

kathanthakkar403

CHART -> Phillips Carbon DAILY SETUP 1. Stock is giving an inverse head and shoulder breakout, with morning star formed at the end of consolidation. 2. Huge volumes can be seen at the time of breakout. 3. Stock was consolidating around 200 Days MA, before it gave a break out. 4. RSI has gone above 60 shows strength of bulls. Considering above points, Phillips...

kathanthakkar403

CHART -> Sumitomo Chemical WEEKLY SETUP As seen per chart, it looks like Sumitomo Chemical is trading under a flag and pole pattern. Any side of the trendline breakout, may it be on the upper or lower, will decide the further path of the stock. For breakout it has to cut the trendline on a weekly close candle. As per today's scenario a morning star, which is...

kathanthakkar403

CHART -> Deepak Nitrite DAILY SETUP Beautiful inverse Head and Shoulder forming on Deepak Nitrite. If it gives daily close above 2400, we can see targets of 2700 to 2800 in short term. 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 -> MSTC Limited WEEKLY SETUP As seen per charts, there is a support trendline, at which one can buy with a stop loss of that support line. Until we not get a confirmation break down of the support trendline on weekly basis, one can trail. Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please...

kathanthakkar403

Bearish Trendline and important levels of support and resistance marked on the chart for further buying opportunity. Fundamentally good stock in IT to keep in the portfolio for longer horizon.

kathanthakkar403

CHART -> Godrej Consumer DAILY SETUP As seen per charts, there are few things to note: 1. It was trading under a Bearish Trendline since 15th September, and now it seems to have came out of the Bearish Trendline. 2. A Morning Star can be seen while breaking out of the Bearish Trendline, with significant volume. 3. That breakout of trendline and morning star has...

kathanthakkar403

CHART -> TATA POWER DAILY SETUP As seen per charts, a beautiful symmetrical triangle under formation on daily chart of TATA POWER. 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 -> IBREAL DAILY SETUP As seen per charts, a beautiful symmetrical triangle under formation on daily chart of IBREAL. Once it closes above/below the upper trendline on daily basis, we should see a 40 Rs gain/loss to the price from the symmetrical triangle trendline broke out point. MACD in daily time frame is also in the noticeable state. Disclaimer: This...

kathanthakkar403

CHART -> JINDAL STEEL & PWR WEEKLY SETUP Looks like JINDAL STEEL & PWR is trading under a flag and pole pattern in the weekly time frame. Any weekly close, either break out above or break down below, of the flag's trendlines should guide further path of the stock. Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI...