TVS Motor Company Ltd. is another interesting chart with following 1. RSI on all time frames (DWM) above 60 2. Both SRS and ARS above zero 3. Price took support at 20 Week SMA 4. Narrowing Bollinger Bands on weekly chart 5. Price walking on upper Bollinger Bands on daily chart. 6. ABCD Pattern under formation on weekly chart Can be a good risk reward with...
Ultratech Cement Ltd. is an interesting chart with following 1. RSI on all time frames DWM above 60 2. Price Crossed above 20 W SMA 3. Narrowing Bollinger Bands on weekly chart 4. ABCD Pattern under formation on weekly chart 5. Both ARS and SRS above zero Can be a good risk reward with buy on dips and dips only with major support at 9780- 9830 zone and next...
Reliance Industries Ltd. is an interesting chart with following 1. RSI on D/W/M above 60 2. ABCD Pattern under formation on weekly chart 3. Price crossed above 20 Week SMA during the week Can be a Good risk reward with buy on dips and dips as major support exist at 2870-2880 zone being daily and weekly 20 SMA support Lets see how it evolves Disclaimer:...
Divi's Laboratories Ltd. is an interesting chart with following 1. Reverse Head & Shoulder Pattern on weekly chart 2. Narrowing Bollinger Bands on Weekly chart and Price walking on upper Bollinger Band 3. ABCD Pattern under formation on weekly chart 4. RSI on daily and Weekly time frame above 60 5. High Trade and Delivery quantity 6. Stock outperforming...
CIE Automotive India Ltd. is an interesting chart with following 1. RSI on all time frames DWM Above 60 2. Narrowing Bollinger Bands on weekly chart 3. ABCD Pattern on weekly chart 4. Stock Out Performing benchmark and Sectoral index both on 1 week and 3 months 5. Higher Trade and Delivery quantity on weekly time frames. Last but not the least - A...
Tube Investments of India Ltd. is an interesting chart with following 1. RSI on daily and monthly time above 60 2. Price crossed above 20 week SMA with volume 3. ABCD pattern under formation on weekly chart can be a good risk reward with buy on dips and dips only with support near 3670 - 3600 zone Lets See How it evolves Disclaimer: NOT A BUY / SELL...
KPIT Technologies Ltd. is an interesting stock with following FUNDAMENTALS Company is expected to give good quarter Company has delivered good profit growth of 49.4% CAGR over last 5 years Company has a good return on equity (ROE) track record: 3 Years ROE 27.0% Company has been maintaining a healthy dividend payout of 30.1% TECHNICALS. 1. RSI on daily/Monthly...
Granules India Ltd. is an interesting chart with following 1. RSI on all time frames (DWM) above 60 2. Narrowing Bollinger Bands on weekly chart 3. Price moving on Upper Bollinger Bands in daily chart 4. ABCD Pattern under formation on weekly chart 5. Price crossed above 20 Week SMA last week 6. High Trade and Delivery quantity during the week 7. Stock...
Dr. Lal Pathlabs Ltd. is an interesting chart to keep on radar 1. Breakout of rounding bottom pattern on weekly chart 2. Breakout of 24 months consolidation between 1770 to 2710 zone 3. RSI on all time frames above 60 4. Narrowing Bollinger Bands on monthly chart price moving on upper Bollinger band on monthly chart Can be a good Risk reward to buy and buy on...
Indian Energy Exchange Ltd. an interesting chart to keep on radar with following 1. Rounding Bottom pattern breakout on weekly chart 2. Breakout after a long consolidation of 24 months with rising volume 3. Can be a good risk reward with buy near breakout test zone i.e. 166 as major support exist between 155-170 zone being multiple moving averages support...
Sun Pharmaceutical Industries Ltd. is an interesting chart with following 1. RSI on all time frames above 60 2. Narrowing Bollinger Bands on Weekly chart and Price moving on upper Bands on daily charts 3. ABCD pattern under formation on weekly charts 4. Breakout of consolidation channel of 1380-1640 with rising volume. 5. Cluster of moving average supports...
Apollo Tyres Ltd. is an interesting stock with following 1. RSI on all time frames above 60 2. price breakout from 8 months long channel of 450-529 levels 3. Narrowing Bollinger Bands on weekly chart and price moving near upper Bollinger band on daily chart 4. ABCD pattern under formation on weekly chart 5. 20 SMA support at 532 ; 50 SMA Support at 511; 20...
Bhansali Engineering Polymers Ltd. an interesting chart and a long term consolidation breakout 1. Stock breaking out of long term consolidation zone i.e. on monthly chart and crossed its all time high resistance zone of 2017 i.e. 122-124 levels. (which can act as strong support now) 2. RSI on all time frames (DWM) above 60 3. Company is almost Debt...
Tata Consultancy Services Ltd. is an interesting chart with following 1. RSI on all time frames (DWM) above 60 2. Price formed a Huge Green Anchor Candle with high volume on daily chart 3. Three White Soldiers pattern on weekly chart 4. ABCD pattern on weekly chart Can be a good buy on dips and dips only with major support near 3800- 3900 zone being 50...
ITC Ltd. is an interesting chart to keep on radar and buy on dips with following 1. RSI on all time frames i.e. Daily / weekly/ Monthly above 60 2. Convergence of Moving Averages i.e. 20 day SMA =432 50 day SMA= 433 100 day SMA = 425 ...
Oberoi Realty Ltd. is an interesting chart to keep on radar with following 1. NEGATIVE RSI Divergence on weekly chart 2. Price Trading below 20 day SMA on daily chart 3. Price crossed below 50 DAY SMA on daily time frame 4. RSI on daily crossed below 40 and on weekly crossed below 60 and 100 day RSI SMA 5. Price formed THREE BLACK CROWS Bearish Pattern on...
Aditya Birla Capital Ltd. is an interesting chart with bearish formations: 1. RSI on daily chart crossed below 40 2. RSI on weekly chart crossed below not only 60 but also below 100 SMA on RSI 3. Negative Divergence on RSI on weekly chart 4. Price formed Three Black Crows candle stick pattern on weekly chart 5. Price crossed below 50 Day Moving Average. 6....
Bank Of Baroda is an interesting chart forming bearish set up with following 1. Negative RSI Divergence on weekly chart 2. RSI crossed below 40 on daily chart 3. Price crossed below 20 Week (100 Day) Moving average 4. Price never crossed above the high of huge RED ANCHOR candle formed on 04-06-2024 and is constantly facing resistance near high of the anchor...