marketmoneymohmaya

marketmoneymohmaya Updated 

Coming out of 30months base. A low cheat triggered last month (September2023) and there after cheat trigger was breached too. Volumes have started coming in since low cheat breakout. It has moved more than 50% since the low cheat. and now it is heading for pivot. Remember pivot is not yet formed. So do not hurry to enter and wait for proper entry setup. 43-51...

marketmoneymohmaya

After an all time high breakout the stock went into a 5week consolidation and 14%range and broke out last week. If we observe monthly chart i usually like stocks who consolidate near the resistance and then break out. But as you can see a rally of almost 95% in 5 months was done.(Highlighted Area) The stock broke the ATH with out consolidating much which losses...

marketmoneymohmaya Updated 

After breaking out of the all time highs of 734-735 levels it made a new high of 1030 odd levels but did not sustained and the previous breakout levels. You can see the volumes went super dry during this down trend. Stock took dynamic support of 200 Week ema and than bounced back. And now recently it have broke out again of the 690-734 levels and is now sustaining...

marketmoneymohmaya

The stock has been in to consolidation for the past 2 years. With price getting tighter and tighter and volumes getting contracted with the tightness. 1st base was of 45Weeks with 28% range, 2nd base consisted of 40weeks with range of ~21% and current base formed is 15weeks in 12% range. See the volume contraction from left to the right. Highest monthly close...

marketmoneymohmaya

After a huge rally in which topped out in Sept2021, the stock went into a long consolidation base of 2 years but never retraced for more than 23.6% on a Fibonacci scale. 3 months ago a low cheat entry was triggered and there after the you can see the volumes also coming up leading to cheat trigger and finally a pivot high was made closing above the resistance...

marketmoneymohmaya

Stock break out of 6 month base. You can see the IV footprints (probable accumulation) in the daily chart. Where volumes started coming in from May 2023. Same is visible on the weekly charts too. Volume contraction while basing and then the rise in volumes. On a daily chart its trading above all its key moving averages and on a weekly it has almost confirmed too....

marketmoneymohmaya Updated 

Its showing strength on monthly as well as weekly timeframe. An inverted H&S pattern breakout on monthly TF. VCP on weekly. 7-8 weeks of consolidation ~10% range. We need more confirmation by sustaining above 67 levels. If it succeed to sustain then it can test 79-82 levels. Price is sustaining above its key moving averages. Now 58-63 levels shall act as...

marketmoneymohmaya Updated 

Stock worth to keep in watchlist. Stock sustaining for 3 weeks now above the ATH levels. NR3 formation. It broke out of the resistance and you can see volume contraction while the base was been formed and it broke out with good volumes. On daily its sitting on IV Support and a possible retest of the resistance (which shall now act as support) we can assume is...

marketmoneymohmaya Updated 

After forming a base of 3 years and breaking out of it forming another base of 41 Weeks of 30% range. In the past few weeks good strength is seen with good volumes. The stock moved almost 40%+ in just two weeks. What i would look for is small pause and then continue its move. Still 416 levels is to be watched for. A good contraction before this move is a good...

marketmoneymohmaya

After breaking out of the previous all time high level of 307 it went into the consolidation of 13 weeks and finally showing strength and closed this week with almost 9% gains. Ideally shall wait for it to close and sustain above 350 levels. It has broke out and re-tested those levels and showed strength thereafter. Stock is trading above all its key moving...

marketmoneymohmaya

After making an ATH in Feb2021 the stock topped out and went into a down trend until it bottomed almost after one and half year. The stock then formed a base of 30weeks in 11% range and broke out of it in may to test the supply zone where it consolidated for 9 weeks in 7% range and finally broke out this week with almost 10% move this week. Though an attempt was...

marketmoneymohmaya

Coming out of base of more than 3yrs. Entering stage2. Forming base of 5 weeks and 18% range. The stock has showed immense strength with huge volume spikes while coming out of Stage1. Pilot position can be initiated here. With the next targets in near long term are 289-298 which is minor resistance zone but major target would be 365 which is long term target...

marketmoneymohmaya

After long consolidation of one and half year it has finally broke out the down trend line with volume support. A decent contraction is seen on the left and up volumes shows accumulation. Stock is trading above all its key moving averages. A pilot position can be initiated here and another once it close above 661 level. The supply zone ahead is the all time...

marketmoneymohmaya

The stock on a monthly timeframe have retraced to 23.6% and is now showing strength in the recent past. On a weekly timeframe it was consolidating in a very narrow range in the last 6 months and finally breaking out few weeks back with good volume support. 541-559 is the supply zone and it had close this week inside this zone. It should either consolidate a week...

marketmoneymohmaya

It's Thursday when i am posting this and week is around the corner. This counter is showing strength after coming out of a base (Probable-Stage1) rallied and formed another base of 7 weeks in 13%range. breaking out of it and forming another small consolidation 3weeks. It is currently at the supply zone. so initial target would be 451.30 which is an all time...

marketmoneymohmaya

After having a ~42% downtrend which started from July 2022 the stock have broken the trend line and mark the end of the down trend. Which means the stock can either go sideways or into an uptrend. After breaking out of the base it went into a 12 week consolidation in ~14%range it has finally broken out. Volume support is seen too. On a monthly timeframe it has...

marketmoneymohmaya

After breaking out the supply zone (244-269) it went into a consolidation of 30weeks in 24% range it broke out of it and formed another base of 3 weeks and 9% range. The stock is showing immense strength. A trend based fib is not feasible as the data is too short. So we would look for price action and strength. It is trading above all the key moving averages. ...

marketmoneymohmaya

The strength is still intact. A new ATH after pausing for 4 weeks in a 15% range. I will stay in the trade until the strength persist. It is trading above all its moving averages. Would not recommend you to enter at current levels and would rather suggest to wait for another base to form. Keep it in your watchlist. Disclaimer: Already entered @ 464.50....