raavigeorgian

raavigeorgian

The stock has been making a rounding bottom for about a year now (also the handle of the long term C&H). The setup is a textbook example of a low volume handle, plus the stock is now approaching the breakout point on high volume bars. Caplin point has been a great compounder in the last decade. So it will be on the radar of almost all institutions. I sense some...

raavigeorgian

The stock shot up on huge volumes, making a volume cluster on the last 6 weeks. A strong signal that something positive is in the offing. Turnaround, orderbook, numbers, it could be anything (or a mix of these things). The breakout happened on very good volumes. The stock has been cooling off for a week on decreasing volumes. Tested the breakout support on lowest...

raavigeorgian

The stock was accumulated more in the handle formation than the cup formation (kind of defies the 'handle formation on low volume' rule). But at the same time, the other interpretation would be, the stock fell in a channel formation with occasional buying on high volumes, and finally gave a decisive volume breakout from the channel. I'm inclined to believe the...

raavigeorgian

Suggested by @monkmaxims Fundamentals: Investment arm of the multi billion kalyani group. It has 3 stocks in its portfolio - Hikal, Bharat Forge and BF Utilities (All kalyani group companies). Net worth is 10000cr and the market cap of this is just 800 cr. It is a biz only investment and it's like a holding company, yet the discount seems huge. The stock had been...

raavigeorgian

Suggested by @monkmaxims The stock had been in a down trend since forever (7yrs on monthly chart). Since 2020 crash, the stock was in low volume accumulation in a parallel channel. Suddenly, the accumulation volumes began to shoot up in November while the price continued to trade in the channel. Finally, this week it has broken out and how! Highest weekly volume...

raavigeorgian

Good amount of accumulation seen over the past 1 year. Corrected on low volumes, rose on increasing volumes. The stock is showing strength with the RS crossover. Shot up post earnings, can go much higher on follow through volumes. Auto and Realty Sector might outperform. Moving along with sector. SL: Depending on your risk appetite: Below Weekly BO Candle /...

raavigeorgian

The stock shot up one day post earnings. We can see massive volume accumulation in the past 6-8months. The whole sector is on an upmove. The company has very low debt and can multiply from here. Moving along with sector. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a...

raavigeorgian

Excellent chart, stock suggested by @ravihit957 Seems to be making a good base. Can be bought once it closes above pin bar and 20VWMA (2833). Can be added more when it closes above the Down Trendline, 20SMA and S/R level marked as TGT1 (2950-3000). Wherever you buy, keep a strict SL of 2682. Note: I reserve the right to be wrong. DISCLAIMER: I am not a SEBI...

raavigeorgian

Pattern within a pattern. Huge accumulation over a year and a half. Good delivery volume seen in the last few days. Any positive development could take the stock higher above the all time high. Moving along with sector. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a...

raavigeorgian

The stock is forming multiple patterns on weekly as well as daily charts, with good volume inflow. In January it staged a failed breakout, and went down forming a down trending channel of 6 months (also the Handle of the log term C&H Pattern). After yesterday's earnings result, it broke out of the channel, and followed up with great price action and even higher...

raavigeorgian

The stock is showing some very interesting price action despite the sector being quiet in the last few days. A Gap up opening one day before earnings. Notice the massive volume clusters during the rounding bottom formation. It broke out of long time resistance on very high volume and followed through with absorption volume. Came back on low vol to test the...

raavigeorgian

The stock attempted couple of failed breakouts in March while being under accumulation on big volume bars. This time around the stock is up on earnings. Along with volume there's big momentum in broader market, Nifty is scaling all time high, sentiment is bullish. We can see a good breakout soon. Moving along with sector. SL: Depending on your risk appetite:...

raavigeorgian

The stock attempted breakouts in Feb/Mar but could not get follow through volume. Dropped back to 20Wk VWMA, and this time managed to get massive follow through volumes on breakout. The stock is trading at ATH price, so sky is the limit. Nifty is in a definite trend, so this is likely to get good volumes in the coming days. Moving along with sector. SL:...

raavigeorgian

The SGX is 40 odd points down, so expect a gap down opening. The US markets did not give a great closing, (rallied in the session but closed around previous day's close.) India VIX is below 18, meaning the fear of a big crash has abated. Bullish Scenario: The market may gap down, test yesterday's low (15390), and move higher or stay range bound through the day....

raavigeorgian

The stock has been trading in a channel for 6 months. Big accumulation volume bars could be seen throughout the channel. Finally gave a breakout on huge volume. The price has now come back to retest the breakout area. It may take support at the 20VWMA (Green line) and bounce back once the earnings are announced in a couple of days. RSI is above 50, Relative...

raavigeorgian

Great find by @monkmaxims The stock made a 2yr Inverted Head and Shoulder Pattern on weekly chart. It gave a 9 month channel breakout on 4th May with very high vol. After 15 odd sessions, price has come back to retest its long term breakout level on very low volumes. Also co-inciding with result date, showing a good set of earnings (60% rise in YoY EPS.) Sector...

raavigeorgian

Gave a breakout with very good volumes. Tested the Breakout area on low volume. Now setting up nicely with fresh volumes coming in. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis) BUY...

raavigeorgian

Some conflicting signals: India VIX has been closing below 20(good sign), occasionally giving a spike scare then abating within the session. Not much buying seen from FIIs/DIIs. In fact the FIIs sold 660Cr and DIIs bought only 112Cr. Yet market closed marginally in green. Is the market being kept afloat for a while? The RSI divergence can be easily noticed on...