marketmoneymohmaya

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

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

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...

marketmoneymohmaya Updated 

Firstly this is a day prior to weekly close. The stock was in my IPO scan watchlist and i have been tracking this since a few weeks now. As you can see from the chart that the stock is in a down trend. While in a downtrend the volumes went dry and recently from last month i can see a stock forming a base ands volumes are showing up. I have already taken a pilot...

marketmoneymohmaya

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

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 

After a cup with handle breakout the stock went into a consolidation of 13weeks. Today we experienced high IV and stock firing up 6% intraday. A low cheat entry triggered for me today so took an entry while closing hours. 96 is the the crucial level to watch for. A weekly close above it would confirm an upward bias move. Stock is trading above all key moving...

marketmoneymohmaya

On a monthly timeframe it is sustaining above 1969-2365 (previous resistance zone) which is now acting as a support. A new HH was formed on the same timeframe and the price is consolidating thereafter. On a weekly timeframe we see the range getting squeezed and no of consolidation weeks is coming down too. It is well sustaining above the 2365 levels for 9weeks...

marketmoneymohmaya

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

On the monthly chart the price was not able to sustain above 25 levels which we see now seems sustaining. Probably coming our of small base of 8 weeks and 20.5% range it is well sailing above all its key moving averages with decent volumes. Quarterly sales are improving. 18-25 levels will now act as strong support and a weekly close below it with a follow...

marketmoneymohmaya

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

After breaking out of the downtrend it retested the resistance zone which acted as a support. It seems coming out of the 1st base of 9weeks and 25% range and in confluence this is the 1st week which close above the highest monthly close that happened in 2017. The stock did not closed above this on monthly timeframe. Volumes are good. It is sailing above all its...

marketmoneymohmaya

The stock coming out of a downtrend, it rallied without any consolidation since then. It went in a base formation of 18Weeks and range of 28% it has broke on decent volumes. Stock sailing above its key moving averages. 155-164 zone shall now act as good support and a weekly close with follow through will invalidate our view. 197 - 205 - 213 - 270 - 321 are...

marketmoneymohmaya

Stock showing good strength. Quarterly results are good too. Not much data to the left side. A probable VCP pattern breakout on good volumes. It's sailing above all its key moving averages too. Stock sustaining above 103 for two weeks now. Now, 103 shall act as support. 137- 182 are the levels that can be tested over the long term. Disclaimer: This is...

marketmoneymohmaya

Stock coming out of 21 week base of 34%range on a good volumes and is now sustaining above it for 2 weeks. Down week volumes are low showing strength. 170 shall act as a support as there is weekly gap away formed 170-172.65. A weekly close and a follow up thereafter shall make our view invalid. 248 - 280 - 321 - 440 are the levels that can be tested over the...