BDH Industries is consolidating near ATH since past 7-8 month. RSI is bullish in all time frame i.e daily/weekly/monthly. Seems accumulation is going on. Keep on radar for breakout.
Kriti Nutrients is trading at ATH level. Looking good for long at 49-50. Sectorial tailwind can give good return on long term. Keep on radar
V Guard industries is looking set for reversal. Forming Inverse H& S pattern on daily time frame. Anticipation for seasonal growth can be a trigger for upmove journey. keep on radar.
Thyrocare is looking interesting with positive divergence on chart. Seems stock is ready for reversal to fill gap at around 900.
NIFTY ENERGY is on the verge of ATH breakout. Outperforming Nifty 50 index also from Mid jan'22. Seems power sector related stocks will do well in coming 1-2 months. Ongoing summer season will also increase the demand for power.
Power Grid is forming Flag & pole. BO above trendline can give good return. Keep on radar.
Hindustan Foods is on the verge of falling trend line BO. Seems will follow RSI BO. Keep on radar
Zydus Lifescience is forming positive divergence on daily time frame. Trend reversal can be seen with falling trendline break out.
India VIX did BO today. However negative divergence can also been seen. Seems there will be reversal in index for short term.
Nifty is forming IH&S in 15 minutes time frame. 17450-460 is the neckline.
Karur Vysya Bank is looking good for long above 65 on weekly closing basis. Keep on radar.
Satia Industries is looking good for long above 104. Golden crossover can also be seen on DTF. Keep on radar.
MMTC is looking good for long. Keep on radar for Breakout.
Nifty is trading in parallel channel. Showing 200-300 point upside in short term as per channel top. Seems previous ATH can retest in this month.
BASML is looking good for Inverse Head & Shoulder BO on weekly time frame. Sector is grooming. Keep on radar for long.
AB capital is on the verge of Break out. Infact entire group is in focus as promoters are buying continuesly. Seems accumulation done and getting ready for upside. keep on radar.
Aries Agro is on the verge of cup and handle breakout on weekly time frame. Keep on radar for weekly closing above 163
Bank Nifty is Forming bearish flag & pole pattern. Closing and sustaining below 36200 can lead to fresh selling position. Be cautious