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...
The Indian Hotels Company Ltd. Negative RSI divergence on weekly chart No Recommendation Just an interesting chart to observe and keep on radar. Lets See How it evolves. Stay Cautious ! Stay Alert ! 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...
HBL Power Systems Ltd. is an interesting Stock with following FUNDAMENTALS : Company has reduced debt. Company is almost debt free. Company is expected to give good quarter Company has delivered good profit growth of 66.1% CAGR over last 5 years Company's working capital requirements have reduced from 115 days to 82.8 days TECHNICALS: RSI on all time...
BLS International Services Ltd. is an interesting chart with following TECHNICALS: RSI on all time frames above 60 Narrowing Bollinger Bands on weekly chart Cluster of Averages support at 340-360 levels with 20 day SMA at 356; 20 week SMA at 339 and 50 day SMA at 346 levels ABCD Pattern under formation on weekly chart Price walking near upper Bollinger...
HEROMOTOCO Negative RSI divergence on weekly chart No Recommendation Just an interesting chart to observe and keep on radar. Lets See How it evolves. Stay Cautious ! Stay Alert ! 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....
Dr. Reddy's Laboratories Ltd. is an interesting stock to keep on radar 1. RSI on all time frames above 60 2. High Trade and Delivery Quantity during week 3. Increasing relative Strength - Bench Mark index 4. Increasing relative Strength - Sectoral index 5. 20 SMA Crossing 50 SMA from below recently 6. Stock outperforming sectoral index both 1 week and 3...
$JK Cement Ltd. is an interesting chart with following 1. RSI on daily and monthly above 60 2. Narrowing Bollinger Bands and price Walking on upper Band on daily charts 3. Price crossed above 20 Week SMA last week forming a hammer 4. ABCD pattern under formation on weekly chart 5. Increasing relative strength on both benchmark and sectoral index 6. Price...
Gujarat Gas Ltd. is an interesting chart with following FUNDAMENTALS Company is almost debt free. Company has a good return on equity (ROE) track record: 3 Years ROE 21.0% Company has been maintaining a healthy dividend payout of 24.9% "TECHNICALS" 1. RSI on all time frames (DWM) above 60 2. Narrowing Bollinger Bands on Weekly chart 3. Price walking on upper...
JBM Auto Ltd. is an interesting stock with following 1. RSI on all time frames DWM above 60 2. Narrowing Bollinger Bands on Daily/ Weekly Chart 3. Price moving on upper Bollinger band on daily chart 4. Rising trade and delivery volume on daily and weekly charts 5. ABCD pattern on weekly chart 6. Major Support at 20 SMA Daily and Weekly at 1900-1870 levels 7....
Gujrat Gas is an interesting chart 1. Price crossed above 20 SMA on daily and weekly chart 2. ABCD pattern under formation on weekly chart Company is almost debt free. Company has a good return on equity (ROE) track record: 3 Years ROE 21.0% Company has been maintaining a healthy dividend payout of 24.9% Lets See how it evolves Disclaimer: NOT A BUY /...
PVRINOX VALUE BUY SL BELOW 1230 TGT 1430-1470-1540-1610-1700 1. RSI on monthly chart near 40 support 2. Price formed double bottom last week on weekly chart 3. Harmonic Bullish BAT pattern completed and next patter under formation 4. Major confirmation area to gain momentum is 1431 levels above which momentum will increase Good Risk reward as pattern /...
Action Construction Equipment Ltd. is an interesting chart with following FUNDAMENTALS: Company is almost debt free. Company is expected to give good quarter Company has delivered good profit growth of 24.9% CAGR over last 5 years Debtor days have improved from 45.9 to 28.6 days. caution: Promoter holding has decreased over last 3 years: -3.29% TECHNICALS....
MRF is turning bearish with following technical reasons 1. RSI on daily crossed below 40 2. Price crossed below 20 SMA Daily with huge volume 3. Bearish Marubozu Candle on daily chart with high volume 4. Price trading below 20 SMA (weekly) for last 4 weeks 5. Super trend is continuously bearish on daily chart and now minor super trend support on weekly is at...
Gujarat Mineral Development Corporation Ltd. is an interesting chart with following 1. RSI on all time frames above 60 2. Narrowing Bollinger Bands on weekly chart 3. Price gain with Green Marubozu candle with high volume on daily chart 4. both SRS and ARS above zero 5. Close crossing last week's and last month's high Attractive RIsk reward with major...
Raymond Ltd. is an interesting chart with following 1. RSI on all time frames above 60 (DWM) 2. Narrowing Bollinger Bands on weekly chart with price walking on upper band 3. Bullish Marubozu Candle on daily chart with huge volume 4. ABCD pattern under formation on weekly chart 5. Ascending Triangle breakout on daily chart Major Support at 1790 - 1850 zone,...