rajivrajeev

rajivrajeev

$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...

rajivrajeev

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...

rajivrajeev

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...

rajivrajeev

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....

rajivrajeev

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...

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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...

rajivrajeev

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...

rajivrajeev

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...

rajivrajeev

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:...

rajivrajeev

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...

rajivrajeev

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 /...

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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...

rajivrajeev

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 /...

rajivrajeev

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...

rajivrajeev

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....

rajivrajeev

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...

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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...

rajivrajeev

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...