Kotak bank breaking out from consolidation rectangle pattern of about 3.18Y. Rectangle is a continuous pattern and likely to continue the uptrend. Soon ATH breakout and would reach 161.8% fib level after pivot target of 2376.5. RSI also had a clear breakout in weekly timeframe. Also higher timeframe looks good.
TdPowerSystem Daily, Weekly chart bullish reversal
Nifty metals making price and RSI breakout across multiple timeframes. Higher timeframes also looks good.
Voltamp Daily chart shows bullish reversal. Capitall goods custom index showing bullish reversal. Voltamp RSI shows bullish divergence. 5 week consolidation in that zone. Weekly RSI also double bottom formation. 30% upside potential to 9150-9250
Mazdock after good Q3 descending triangle breakout. Usually descending triangle is bearish pattern. Let's see if the target 3539.40 gets reached (height of the triangle)
Cables - Power Custom Index D chart. After bearish shark harmonic pattern custom index took all time support and taking bullish reversal. RSI breakout. And trendline breakout as well in price chart.
Kalyani Steels after achieving the target of 1179.50 exited parallel channel and held support at 700 range. Bullish reversal happened at 704.20 (mar 3) and bullish reversal confirmation at 721 (mar 17). Dec 17 '24 ATH to Mar 3 '25 precisely 44.86% fall as anticipated. Now price chart in daily timeframe showing double bottom with inverted hammer (Mar 19) along with...
DYCL Dynamic cables daily chart. After exiting parallel channel, DYCL made double top formation and fell 41% breaking down neckline during Jan-Mar '25 correction despite good Q3 result YoY. Now Daily chart displaying double bottom formation in price chart and RSI. Mar 18 shows bullish harami and Mar 19 shows inverted hammer. Bullish patterns in daily chart. So...
CDSL after reaching ascending triangle target exited parallel channel and corrected 37% and now taking up bullish reversal. Could see breakout in price chart of Daily timeframe. Also RSI breaking out after base formation. Weekly chart Bullish engulfing candlestick pattern.
Nifty50 RSI breakout in daily timeframe. Soon, breakout will happen in price chart and head towards 29K mark. Could witness many scrip had breakout in RSI & Price in daily timeframe.
Anand rathi wealth is a fantastic wealth compounder fundamental stock. Company has posted more than 30% growth in sales and profit in Q2. Consolidation will breakout soon with a potential of 50%.
Custom index on Nippo battery and Eveready is making Inverted Head & Shoulders Pattern. RSI near to the trendline for breaking out. Electric Vehicle hotspot. Disclaimer: Not holding
One of the fundamental companies of sugar industry is eid parry. Good capital allocation. Increasing ROCE
Distilleries are going good in EID parry. Ethanol blending at 15% now. Will be 18% in FY25 and 20% in FY26. Recently parry reached in cup target. Have set new target now.
Good weekly close would be nice. 972 above will head to the final target. Final leg.
Kalyani Steels Q1 results down double digits. Weakness shown in chart since July 15. Till now 800 held as strong support. Not sure if that support will hold further. If 800 gets broken, ~18% fall to 650. Quarterly chart RSI is still ok. But monthly, weekly chart RSI are down. Double top around 1074-1083. Head and Shoulder pattern is forming. An anomaly which I...
Triangle pattern breakout. After hitting T2 1131.85, Will head to 1391.60 which is 261.8% Fib level
Lloyds metals & energy has stellar fundamentals of more than 50% ROE over last 1,3,5,10Y and excellent double digits sales & profit growth as well. Double digit ROCE, high operating cash flow with improved and sustained profit margins since 2022. Power generation is a theme that's in progress and lloyds is part of this energy theme. Volume isn't shown. Price...