Coromandel International Ltd. is another interesting stock 1. price rise with huge volume 2. major Support 1100 to 1125 zone lets see how it evolves 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 trading as trading/...
Mukand Ltd. a Bajaj Group company is an interesting stock to keep under radar with following FUNDAMENTALS 1. Company has reduced debt. 2. Debtor days have improved from 46.1 to 30.4 days. 3. Company's working capital requirements have reduced from 143 days to 101 days Techincals. 1. RSI on daily and Monthly above 60 2. ABCD Pattern under formation on...
Westlife Foodworld Ltd 1. RSI on all time frame above 55 2. ABCD Pattern under formation on weekly chart 3. price rise with huge volume candle fundamentally : Company has delivered good profit growth of 84.6% CAGR over last 5 years Lets see how it evolves Disclaimer: I am not an expert I just share interesting charts here for educational purpose and not...
Bharat Dynamics Ltd. is an interesting chart with following 1. RSI on all time frames i.e. DWM above 60 2. Narrowing Bollinger bands on daily chart with price moving on upper band 3. Bullish Marubozu candle with huge volume on daily chart 4. ABCD kind pattern under formation on weekly chart 5. Super trend turned buy on daily chart with major support near...
Maruti is an interesting chart with following 1. RSI on all time frames above 60 2. Stock closed near 52 week high zone 3. Price close within 2 year and 5 year high zone 4. Price Making higher highs for last 3 days 5. ABCD candle on weekly chart with huge green candle and high volume 6. Major Support 10380 - 9800 zone 7. Next Major resistance near 11500...
Jagran Prakashan Ltd. is an interesting chart with following 1. Higher trader and Delivery quantity prev. day close and previous week 2. Stock out performing sectoral index both on 1 week and 3 month 3. Narrowing Bollinger Bands and Price moving on upper Bollinger Bands 4. Three White Soldiers on daily chart 5. ABCD Pattern under formation on weekly chart 6....
Mphasis Ltd. is an interesting chart with following 1. High Trade and Delivery quantity 2. Increasing Relative Strength to bench mark index and sectoral index 3. Close within 52 week high zone + above last month's high 4. Both SRS and ARS above zero 5. RSI on all time frames above 60 6. Narrowing Bollinger Bands on Daily chart 7. Price Moving on upper...
Bharat Electronics Ltd. is an interesting chart with following 1. Close crossing last week's high 2. Crossing above previous high for last three days and making higher highs for last 3 days 3. close within 52 week high zone 4. Stock out performing sectoral index and benchmark index both on daily and weekly time frames 5. Increasing Relative Strength 6. RSI on...
Tata Communications Ltd. is another interesting chart with following 1. RSI above 60 on daily and monthly time frame 2. Narrowing Bollinger Bands on Weekly Chart 3. High Trade and Delivery Quantity 4. Ascending Triangle Breakout on daily chart 5. Price Walking on upper Bollinger Bands on daily chart 6. ABCD Pattern under formation on weekly chart Can be a...
Data Patterns (India) Ltd. is an interesting chart with following 1. RSI on all time frames above 60 2. Price forming ABCD Pattern on weekly chart 3. Narrowing Bollinger Bands and price on upper bollinger bands on weekly chart. 4. Price movement during last week with huge Eiffel tower size volume candle. 5. Major Support near 1850-1870 zone Can be a good...
PI Industries Ltd. is an interesting chart with following 1. Price moving in a rising channel and consolidating since July 2022 2. Multiple Supports at 3460-3500 zone 3. 20 Day SMA support at 3470; 50 EMA daily support at 3490 4. 50 day EMA weekly support at 3474, 20 months SMA support at 3410 levels ABCD Pattern under formation on weekly chart with...
FUNDAMENTALS : 1. Qtrly Sales growing as compared to Sales in corresponding Qtr in P.Y. 2. OPM at 17% V/s 11% previous year 3. Caution : Price to Book value is High as compared to its peers Technical: 1. Price confirmed breakout and retest of Ascending Triangle on weekly chart. 2. Price Took support of trend line on weekly chart 3. 20 week SMA support at 810...
Gujarat State Petronet Ltd. is an interesting chart with following FUNDAMENTALS : The company is one of the largest players in the natural gas transmission business in India together with its leadership position in Gujarat and strategic location with connection to all major natural gas supply sources 1. Company is almost debt free. 2. Company has a good return...
Laurus Labs Ltd. is an interesting chart with following 1. Ascending Triangle breakout under formation on weekly chart 2. Narrowing Bollinger Bands on weekly chart with price moving near upper band 3. Minor Resistance near 448-450 zone above which stock can fetch 485-530 zones 4. Major support near 415 - 425 zone 5. Bullish Marubozu candle + bullish...
Chambal Fertilisers and Chemicals Ltd. is an interesting chart with following Fundamentals 1. Company has reduced debt. 2. Company has a good return on equity (ROE) track record: 3 Years ROE 23.5% 3. Company has been maintaining a healthy dividend payout of 23.0% 4/ Debtor days have improved from 35.2 to 23.1 days. 5/ Company's working capital requirements have...
CMS Info Systems Ltd. is another good chart to view TECHNICALS 1. Huge Volume surge in last week 2. Narrowing Bollinger Bands on Weekly chart 3. Price Trending in a Box on weekly chart for last many weeks 4. RSI on all time frames above 60 5. RS is positive. 6. Major supports 50 Week EMA/ 20 week SMA 357/382 Respectively 7. Box Breakout will bring 480 as...
Bajaj Consumer Care Ltd. is an interesting chart with following 1. RSI on Daily and Weekly Above 60 2. Narrowing Bollinger Bands on weekly charts 3. Multiple Moving Average Supports as under: Daily 20 SMA at 220 Daily 50 EMA at 222 Weekly 20 SMA 224 Weekly 50 EMA 212 Monthly 50 EMA at 218.50 4. Big Green Candle on weekly chart with huge...
NESTLE INDIA is an interesting chart with following 1. RSI on all time frames above 60 2. Price forming ABCD pattern on weekly chart 3. can be a good buy on dips with Support near 2400 zone and resistance at 2780 4. Price making higher highs for last three days 5. Stock outperforming sectoral index on both 1 week and 3 months 6. Narrowing Bollinger...