Good Structure observed in Dhanuka volumes picking up in uptrend and dry up in consolidation For momentum players Above 956 add till 810(Fibonacci retracement level) Weak below 610 Target 1250-1300-1400 For Long Term investing Buy at CMP Add on dip and weak if close below 200 SMA Very good Fundamentals ::-- Market Cap-- ₹ 4,218 Cr. Stock P/E-- 20.0 ROCE--...
BO above 120 With good volume now retesting BO Level resistance become support bullish above 130 with sl below 110 target 1:1
Buy above 479 Support seen between 395-370(which is also a fibbo level and 200 sma zone) weak below 370 target of 544-560-578 above all important moving average Option BIOCON 500 CE(Jan)-- above 15.50
Good structure in GEOJIT Very good volumes in uptrend and volumes dried in consolidation Buy at CMP or add till 53 Target 76-84 SL-39(Closing basis) risky bet please maintain money management and position sizing in this trade (in all small and mid cap stocks) Market Cap-- ₹ 1,591 Cr. ROCE-- 14.3 % ROE-- 9.65 % Stock P/E-- 15.1 Company is almost debt...
Good structure observed in Glenmark pharma few days back observed descending tringle breakout in this stock with volumes after breakout retest done and Moving average crossover(21 and 200) also happened then given a good move now stock is under consolidation volume was picking up in uptrend and drying up in consolidation above 591 good support 541-530 Target...
Sun pharma forming very good base volume was picking up in uptrend and drying up in consolidation above 660 target-686-710 weak below 629 fundamentals Market Cap-- ₹ 154,373 Cr. ROCE-- 10.5 % ROE-- 9.06 % Promoter +institutional holdings-- 87%
Good structure in divislab Uptrend with increasing volumes now consolidating with low volumes So buy 50% above 3855 add more if close above3900 for 6% immediate target approx. 4130 weak below 3650 Fundamentals also looking good Market Cap--₹ 100,340 Cr. ROCE--24.4 % ROE--18.6 % Promoter + institutional holdings More than 89% Debt Free
increasing price with volume and volume is drying up during consolidation Above 644 Target 699-750 SL below 590
''Happstmnds Recent IPO" After very good IPO listing Stock was in consolidation after Steller listing was not able to break first day high for quit few times 1. Try to break in first attempt(shown in candle '1') good volumes seen but candle was weak onw But BO of this candle not happened 2. Again try to BO (shown in candle '2') good volumes with very strong...
Above 2850 Accumulation Zone 2800-2400 Weak below 2350(closing basis) Target 2995-3112-3400 Very good volumes in last three days
Above 184 Support at 160-155 Weak below 150 good volumes in this session Target 200-225
Above 6950 (IF BO Happened Without Retest) Weak Below 6000 or on retest Add near 6600-6400 Target 7500-8000-10000
My study on Tata power Example of Volume and breakout combination Add on dips stock From Consolidation to uptrend Candle 1 is BO candle after 97 days Consolidation Healthy candle with decent volume follow-up volume is also good Candle 2 was again BO candle with good volume Candle 3 was Trade line BO with volume now it was gap up which is showing strength with
BO of Gland pharma and now retest level Target 3000-3500 IPO stock BO given
LTI AT CMP or above todays high Weak below 3450 Target-- 4480-4900
BO with recorded high volumes now at retest Buy at CMP (good buy zone is 50-45) weak below 38(Small cap so please maintain SL below 38 on closing basis) target of 64-74-90 Resistance acts as Support near 49-47 Also Fibonacci retracement zone (61.8%) near 48 Increasing volumes during uptrend volume dry up during consolidation
Two Week with good volumes so Buy at CMP Target -4520-4900 Weak below 2400