NSE:MASTEK Ltd. an interesting chart to keep on radar near breakout / resistance zone, Will it breakout or will it consolidate ? Wait and watch Lets See How it Evolves. Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert...
Adani Wilmar Ltd. breaking out of its consolidation zone on weekly chart and forming a bottom. Still week to close, lets see if it sustains or enters in consolidation zone again An interesting chart to keep on radar Lets See How it Evolves. Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational...
PNB HOUSING is an interesting chart with following 1. RSI Above 60 on daily, Weekly and Monthly charts 2. ABCD pattern under formation on weekly chart 3. Major Price support on 745-790 zone being 20 Week, 20 Day, 50 Day and 200 day Moving Averages Lets See How it Evolves. Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting...
RELIGARE is an interesting chart with following 1. RSI on all time frames above 60 2. Narrowing Bollinger Bands on weekly and daily chart 3. ABCD pattern under formation on weekly chart 4. Major Support near 225-245 zone being 20 day, 20 week, 50 day and 200 day moving averages. 5. Caution ROCE % of company is low as compared to Average of its peers and...
Advanced Enzyme Technologies Ltd. is an interesting chart in momentum with following 1. RSI on all time frames above 60 2. Price crossed above a box consolidation zone of 404 level last week 3. Breakout of six month long consolidation with high volume. 4. Narrowing Bollinger Bands on weekly chart 5. Price moving on upper Bollinger band on daily chart can...
Subros Ltd. is an interesting stock with following 1. RSI on all time frames DWM above 60 2. Narrowing Bollinger Bands on daily and Weekly time 3. Price Trading by touching upper Bollinger bands on both daily and weekly 4. Strong price breakout of more than 7 months long consolidation in price zone of 512 - 710 with huge Eiffel tower like volume candles...
Aarti Industries Ltd. is an interesting stock gaining momentum with following 1. RSI on all time frames (DWM) above 60 or almost at 60 2. ABCD Pattern under formation on weekly chart 3. CUP and Handle / Reverse Head and Shoulder Like pattern on monthly chart 4. Cluster of Moving average supports between 680-714 levels (14 /20/50/100 Day Simple Averages and...
Nifty Media is an interesting index chart with following 1. RSI above 55 on all time frames i.e. DWM 2. Index consolidating between 1600-2500 zone since 2021 3. Narrowing Bollinger Bands on weekly chart 4. Price trading near upper Bollinger Bands 5. After completion of Cypher Pattern on weekly chart Index now forming BAT pattern on weekly chart with price above...
Adani Wilmar Ltd. is an interesting chart with following 1. RSI on daily and weekly above 60 2. Price Consolidating between 285- 390 for almost last 8-9 months 3. Price trading above 14, 50, 64, 100, Day SMA and Above 20,50 Week SMA 4. Cluster of Averages support at 340-342-346-350 zones 5. Super Trend turned bullish on weekly chart 6. Cyper pattern under...
RAMCO CEMENT 1. Weekly Bat Pattern under formation 2. Price Taking Support at 20 SMA (Daily and Weekly) 804-807 levels respectively 3. Narrowing Bollinger Bands on daily and weekly charts with Price constantly sustaining above middle band 4. Double Bottom visible on Weekly charts 5. Can be a low risk bet to buy on dips and dips with stop loss below 20 Week...
PVR INOX is forming BAT pattern on weekly chart its double bottom Price taking Support at 20 Week SMA i.e. 1394 so can be a good Risk reward to buy on dips and dips only as per one's own risk rewards Lets see how it evolves Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be...
FSN E-Commerce Ventures Ltd. is an interesting chart with following 1. RSI on daily and weekly above 60 2. Price consolidating in picture perfect "DARVAS BOXES" on weekly chart 3. It consolidated in first box from jan-2023 to nov 2023 and 4. Then consolidated in second box from Nov-23 to July 2023 5. Made Breakout from Second Box with high volume 6. ABCD...
Kokuyo Camlin Ltd. is an interesting chart in momentum 1. RSI on all time frames above 60 2. ABCD pattern under formation on weekly chart 3. Price Breakout after almost 3 month's consolidation 4. Breakout with high volume on weekly close basis Can be a good risk reward with buy on dips and dips only as per one's own risk reward Lets See How it...
Dr reddy tool Support at major Support level of 5860 and bounced back Volume rising ABCD Pattern under formation on weekly chart SL below 5800 lets see how these evolve Disclaimer: I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and...
Gabriel India Ltd. is an interesting chart with following 1. Price Rise with huge volume 2. RSI on all time frames above 60 (DWM) 3. Better Risk Reward with 20 SMA (daily and Weekly) Support near 358- 365 zone 4. immediate resistance 450-466 zone Lets See How it evolves Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting...
Larsen & Toubro Ltd. seems to be an interesting bearish chart with following 1. Inverse Head and Shoulder kind pattern on daily chart 2. RSI on daily crossed below 40 3. Price Crossed below 20 SMA on Weekly chart 4. Negative RSI divergence on weekly chart with price making new highs and RSI making lower highs 5. Can be a good risk reward for short with...
Ircon International Ltd. is an interesting chart with following 1. RSI on all time frames (DWM) above 60 2. Stock Strongly outperforming Benchmark index and sectoral index 3. Both SRS and ARS above zero 4. Close within 52 Week High Zone 5. Stock making higher highs for last 3 consecutive trading days 6. Higher Trader and Delivery quantity this week 7. ABCD...
Sun Pharmaceutical Industries Ltd. is an interesting chart with following FUNDAMENTALS Company is almost debt free. Company has delivered good profit growth of 26.4% CAGR over last 5 years Company has been maintaining a healthy dividend payout of 56.0% Technical 1. RSI on weekly and monthly time frame above 60 2. Price Taking Support at 20 Week SMA 3. ABCD...