Sikko Industries is looking good on weekly time frame. Stock is trading near support levels after getting corrected. Keep on radar.
VSSL is consolidating nicely on weekly time frame. Seems good accumulation is going on. Stock is taking time near resistance levels with good strength. Keep on radar. Can expect breakout soon.
Ramratan Wire is looking good on weekly time frame. Stock is attempting falling trendline breakout. Keep on radar.
SMS Lifescience is looking good on weekly time frame. Stock is consolidating and forming rounding bottom pattern on weekly time frame. Keep on radar.
Mindteck Ltd is finally touching new highs. Breakout is looking very promising with good volume accumulation prior to breakout. Can expect good momentum. Generally this pattern can deliver atleast 2X return. Keep on radar.
Balaxi Pharma is consolidating and forming triangle pattern on monthly time frame. Recently company has announced stock split also which will consider soon. Keep on radar for breakout above falling trendline.
Arrow Green is attempting falling trendline breakout on monthly time frame. Keep on radar for breakout. Stock is attempting 3-4 times in last 20-25 trading days but not sustaining above breakout level. Seems good accumulation is going on as stock is not getting too much correction after hitting resistance zone. Can expect good runup if sustain above breakout levels.
Campus Activewear is looking good on weekly time frame. Seems stock is getting ready for reversal. In Previous week stock has formed bullish engulfing pattern. Offering low risk set up.
Aster DM Health care is looking in good momentum since 2 weeks. In previous week, stock was closed with bullish engulfing pattern on weekly time frame near all time high. Can expect continuation in trend. Company is going to announce special dividend also in range of Rs 100-120. Keep on radar. Can expect a good spike once dividend will be announced with record...
Metal sector is performing well from last 3-4 months. Still VSSL is not crossed its last high but trading near thereof despite having good fundamentals. Seems good accumulation is going on. Keep on radar for closing above 245.
Yuken Ltd is consolidating nicely on longer time frame. Seems stock is getting ready to trade in 4 digit soon. Keep on radar. Stock is forming rounding bottom also.
Mindteck Ltd is looking good on long time frame. Stock is trading near multiyear breakout level. Keep on radar. Can be a good opportunity if sustain above breakout levels.
Bank Nifty is trading in a channel on daily time frame. Keep on radar for channel breakout. Although bank nifty is forming doji candle since last 3 days, but not closing below previous day low. Keep on radar. Can expect decisive move in coming week by bulls & bears. Negative divergence is visible on hourly time frame.
Bank Nifty is not looking good for long at current levels. Today Bank nifty has trapped Put writer early and call writer. Can expect profit booking in closing session if market do not sustain above 49100
Yuken India Ltd is looking good on monthly time frame. Stock is accumulating well and forming rounding bottom pattern. Keep on radar.
Aster DM health care is looking good on weekly time frame. Stock is trading at all time high zone. Company is going to announce special dividend also as per information submitted to exchange. Keep on radar.
Mindteck India is looking good on weekly time frame. Stock is trading near multiyear resistance levels. Keep on radar. Can offer good risk reward if sustain above breakout levels.
Bank Nifty is forming doji candle on daily time frame near all time high levels. Whenvever a doji is formed near ATH, market correct as per past data. Fresh long at current levels for current week expiry can be risky. Can expect correction in current week expiry before fresh upmove. Keep on radar.