marketmoneymohmaya

marketmoneymohmaya Updated 

After breaking the all time high in July it rallied a bit and went into consolidation. So finally its out of the base of 24Weeks and range of 30% on good volumes. It has already crossed the first probable target. It is also above all its key moving averages. 640 levels shall now act as a good support and a weekly close with a follow through below this level...

marketmoneymohmaya Updated 

After breaking the resistance / supply zone of 889-929, last September the stock was rally without any base making. And finally it topped and started to form a base from November. After 12week of base formation and a range of 22% it has finally sustained above the 1542 for the 2 weeks now. Volumes were low on retracements and last two week volumes are decent...

marketmoneymohmaya Updated 

After the low cheat trigger (80-85) it gave a weekly gap away move and went for the cheat levels. (120-125) And now it seems to have successfully and heading for a pivot high levels (276-292) which is a supply zone. An 18 week base of 32% range which has also given multiple shakeouts probably removing all the weak heads out it has closed the week on strong...

marketmoneymohmaya Updated 

After breaking the resistance (147-174) the stock seems now sustaining above it. It attempted several times in the past. Volume contraction too was seen and now we can see decent volumes coming up past few weeks. Now 184-194 levels shall act as a support and weekly close with follow up shall invalidate our view. 289 - 356 are the levels it can test over the...

marketmoneymohmaya Updated 

Coming out of base of 19Weeks. Classic Cup with Handle pattern formation. Entry: Wait for confirmation on pullback (480-490) with SL of weekly close and follow through right below these zone. Possible levels that can be tested in future are 580 - 605 - 635 (Overhead supply/resistance + 61.8% retracement) Disclaimer: This is just a study and shared here for...

marketmoneymohmaya Updated 

Coming out a base and probable VCP. Sustained above the supply/resistance zone for almost 3 weeks now. Quarterly results have been good so far. It is sailing above all the key moving averages too. 366-310 shall now act as a support and if it manages to weekly close below it and a follow up we see thereafter would invalidate our view. 428 - 508 - 609 are the...

marketmoneymohmaya Updated 

On a monthly chart the stock broke out of the double bottom pattern and again went into consolidation. This month it is seen breaking out of that consolidation and on good volumes. Monthly close is yet to happen next week, but it is evident enough that it will probably close above the resistance levels. (30-33). It is sailing above all its key moving averages. ...

marketmoneymohmaya Updated 

Nice contraction of volumes is see while the stock is consolidating and taking support of 73-90 zone and thereafter sustaining well above 98-104 supply zone too which it failed to earlier. It is trading above all its key moving averages too. Well it has broke our of this base and sustained well above it for 2 weeks now. 119-125 shall now act as good support...

marketmoneymohmaya Updated 

On the monthly timeframe the stock is possibly breaking out of the long term down trend. It is also breaking out in confluence with the resistance 69-76 levels. Volumes are also on the rise. On the weekly timeframe we see it sustaining above the down trend line and finally got a close above 76. Now 69-76 shall act as a support and weekly close with a follow...

marketmoneymohmaya Updated 

On a monthly timeframe (Image attached in the chart for reference) the stock is standing right below the resistance zone(281-352). The long term down trend line seems to be breaking this month. On the weekly chart stock is making a vcp kinda structure and break out of the last 14week base again on a good volumes. The stock is trading above all its key moving...

marketmoneymohmaya Updated 

As the weekly chart does not have much history to the left, this time we will go with the daily timeframe. The stock is coming out of 23 Week base with a probable VCP(Volume contraction pattern). Volumes went dry since Aug2023 till Nov2023. Good volumes started building up after that while the volumes on the down days were very low as compared to the up volume...

marketmoneymohmaya Updated 

Coming out of 115Weeks base and 53% range it went straight up to the supply zone (71-80) and closed for 2 consecutive weeks. Now this shall act as a support . If it manages to close and sustain below it than our view shall get invalid. If it base out here for a few weeks between 88-98 and continue its journey to the north than it can test 128 - 165 - 170...

marketmoneymohmaya Updated 

After an ATH breakout the stock went little upside and then went into a 10 weeks consolidation forming base of 18% range in 10 weeks and finally coming out of the base. Quarterly results came out are decent. Promoter holding have came down a little and Fii holdings have increased. Price is trading above all the key moving averages. 544-577 shall now act as a...

marketmoneymohmaya Updated 

After a base breakout of 66Weeks it again went into a consolidation of 7 weeks thereafter breaking out. Still up week volumes are decent and down week volumes are pretty low. | Disclaimer: Already entered at ~4400 levels and my risk is defined. SL is placed below the swing low. Target as per the trend based fib. 6740. I shall exit based on the price action...

marketmoneymohmaya Updated 

A multiyear breakout seems happening on the monthly timeframe. Still monthly close matters in that case. But on a weekly chart it is showing good strength. On a weekly timeframe as we can see it had broke the supply/resistance zone (93-106) and retested the zone forming base of 11 weeks and 23% range. This week it has gapped up and closed above the base on good...

marketmoneymohmaya

Stock is sustaining above the resistance zone(1567-1626) for 7 weeks now in 8% range. It has also closed first time above 1675 on weekly basis which it had tried to test twice, few weeks ago but failed. So this is a good sign showing strength. Volumes are decent for the past few weeks. Currently its making inside bars between a range (1611-1699) So we need a...

marketmoneymohmaya

Breaking out of 25 week long base of 30% range, the stock is showing strength after sustaining above it for the 2 weeks now. On the monthly timeframe it has retraced to 38.20% and shown strength thereafter. On the daily timeframe we see it taking dynamic support of all the key moving averages and coming out of the resistance and retesting it again. So now,...

marketmoneymohmaya

We are seeing a decent base formation of 47weeks and 31% range. Structure is currently LL-LH and established trend is currently down. But we are seeing no follow through and nice volumes spurts indicating some kind off activity. On a monthly timeframe if you see that the stock is resting between 23-38% fib levels which is very good. Also if you look at the current...