When the move is in favor, it does not matter where the broad market is going... In fact stocks that hit upper circuit in todays market can be marked v v strong!
SUNPHARMA: also precarious ! after LUPIN
LUPIN: Was unable to climb back above the long term TL breakdown....
LUPIN : 3 months climb back given up in 5 mins! Stay away from stocks that have weak structure!!
May go back to new highs from here.....
Nifty status update.... currently holding the TL from last 2 weeks
Several of these doubling and quadrupling silently... Only a systematic pattern recognition can catch them....
Watch HOVS for potential rt shoulder...abv 320...100 pt run potential
ALLSEC: getting ready for a blast ? Above 400 levels, I expect a fast move up to new ATH by the time of results!
It seems none of our previous H&S theories will work out. This mkt looks set to cover the gap at 10120 and then possibly hit a ATH!
2 important short term gaps have been filled.... Either we strongly bounce back or go for the gap at 9850!
This will remain a possibilty of a huge H&S till this right forming shoulder breaks out to a New All time high nullifying the structure!
TFCI: Maybe a great place to add till 140... Below that..DANGER ZONE!
TRIVENI: 101 A good breakout heading for ATH
Can we now go complete the right shoulder and trigger the H&S ??