marketmoneymohmaya

marketmoneymohmaya

A low cheat entry has triggered and the strength is seen with the volumes coming up in the past week. Now it shall sustain the 73-81 zone and if it does close below this levels then this view stands invalid. 107-123 is the supply zone above and that should be an initial targets from hereon. We shall figure out further how things pane out in future. ...

marketmoneymohmaya Updated 

An all time high closing on a weekly basis with volume support breaking the strong resistance. Disclaimer: This is just an analysis. Trade on your own risk with proper position sizing.

marketmoneymohmaya Updated 

Stock is consolidating at the resistance for the past 4 weeks. Resistance levels are tested the resistance level thrice. Volumes have been drying since 2021. Stock is trading and sustaining above the major key moving averages. Keep it in your watchlist. We need minimum 2 weekly close above 169.45 for it to confirm. Disclaimer: This is just an analysis and not a...

marketmoneymohmaya Updated 

Stock have made a nice rounding pattern and is on the verge of breakout. Volumes have increased too. Keep a watch. Once breakout with volume support it can test 193-215 levels above. Disclaimer: This is just an analysis. If you want to trade then due your own due diligence and trade on your own risk.

marketmoneymohmaya Updated 

After breaking out of down trendline with volume support it retested the levels and buying interest was seen at the retest levels. It can be considered as a low cheat entry. Disclaimer: This is just an analysis. Trade on your own risk with proper position sizing.

marketmoneymohmaya

From the left to the right you can see a year long 56% base which started topping out in April22. It took almost a year when the stock took support at 60 level and started its upward journey after consolidating for month and half. It has retraced back almost to 38% of fib. As you can see what took a stock a year to correct 56% and it took only 3-4 months to...

marketmoneymohmaya

After a log base of almost 2 years it went under consolidation of 16weeks with 22% range near the ATH zone (745-867). A previous failed attempt is taken out this week with decent volumes. Now it shall sustain above 855 levels. Upper side 1125 - 1345 - 1625 levels are the possible targets as per trend based fib. Its above all the key moving averages....

marketmoneymohmaya

After almost a ~50% move from the low cheat trigger point the stock broke the ATH levels (116-131)and managed to sustain above it for 3 weeks and 15% range which was taken out this week on good volumes. I shall wait for further confirmation of at least 1 close above 155.50 on daily timeframe. Stock is showing good strength and so is its index. It is trading...

marketmoneymohmaya

After moving out of the base of 32 Weeks it went under another consolidation of 4 weeks and range of 14% giving breakout with huge volumes spurt. This shows the strength. A start of new swing from here on. The stock is sailing above all its key moving averages. My view gets invalid if it manages to close on weekly basis below 384-352 levels. Traders can even...

marketmoneymohmaya Updated 

Highest ever weekly close. Price never sustained above 1430-1555 levels since Sep2017. Last month it closed above this levels and sustained for 3 weeks above this levels. Price seems breaking out of Cup with Handle pattern. Pivot Volume spikes is seen too on weekly chart. Stock has never sustained these levels since 2009. Shared a monthly chart too for reference....

marketmoneymohmaya

This index is showing strength. After breaking the 10-11year old down trend line it went straight up and then retraced 38.2% and now back to the same levels. I have already invested some portion in the month of April when some PSU banks were setting up good. Now have found many PSU banks coming in my weekly scans and having position in individual banks is not...

marketmoneymohmaya

After breaking the ATH without consolidation it has to retest the levels which it does twice. After finally breaking out with SHAKEOUT removing all the weak heads and breaking out last 10weeks of consolidation. As per the trend based fib. 415 & 485 are the possible levels that can be tested. Its a 1:1 RR trade though. Disclaimer: This is just an analysis and...

marketmoneymohmaya Updated 

Highest weekly close after Jan2018. Very tight consolidation in last few weeks on low volumes at the resistance zone(203-215). NR7(Narrow Range for 7 days) breakout with decent volumes. We need one confirmation of price sustaining above 215 levels. Price trading above key moving averages. The all time high is 227.15 but price never close above 215 levels on any...

marketmoneymohmaya

After breaking out of the previous ATH levels it formed a base of 11weeks and range of ~20% and now gapping away and showing strength. Point to note here that it is not able to sustain above 1635 levels. so we need more confirmation for the same. At present it is trading above all its key moving averages. Gap can be filled and it shall not as well, this will be...

marketmoneymohmaya

It's not a weekend but chart looks good to me wrt. price action. After breaking out of the earlier ATH and retesting the stock made a nice base consolidating weeks in ~29% range with low volumes on down weeks and now breaking out of it and sustaining above it for 8 weeks in a tight range of 13%. Monday it showed nice strength and made new ATH with volume...

marketmoneymohmaya

Stock showing very good strength. Blooming out of its base with volume support. 4 week consolidation, ~13% range and breakout making massive ~24% in a week. Now we wait for small pullback and check for more strength. 332-348 previous resistance shall now act as support. Above small resistance stands at 392-411 levels thereafter the ATH zone 437-452. Price sailing...

marketmoneymohmaya

Stock was not able to sustain above ATH 79.45 level. It is now consolidating for a month long in 15% range. I would want it to sustain above 87 levels. It is showing strength on monthly timeframe. It is also trading above its key moving averages too. 79.45 shall now act as a key support. If it close below this weekly then the view get invalid. Volumes are...

marketmoneymohmaya

After closing above the ATH in February 2023 it was not able to sustain above 1095 levels. It tried thrice but failed. From June to July it consolidated for 7 weeks in range ~19% and broke out of the range giving ~39% move in just 1 week itself. Volume are good. Price trading above its key moving averages. As per the trend based fib 1st target of 1500 is already...