IBULHSGFIN - Looks like trying to come out of years of downtrend. 'Based on indicators, Currently trading above most of the moving averages On Daily, Weekly, and Monthly time frames. Also trying to break 3 years trend line. We can see the triangle pattern formation and breakout here will give good returns. Also Vol - Buy pressure is increasing, CCI is on the...
ZEEL : After months of downtrend from 600 to 120 levels, We see a bounce back to 350 levels during Dec 2021. However not able to sustain and back to 160-175 levels during Feb 2023. After a couple of months of consolidation\ accumulation - we see a slow rise towards 300 levels. For the past couple of weeks, the stock has been trading in 290-250 levels and we can...
DIVISLAB : Fundamentally strong one and recovered from recent lows of 2800 range. Currently forming Inverted Head and Shoulders format. Just hanging around the trend line and once cross this, we should be able to see the completion of the Inverse H&S pattern and Zoom to 5000+ levels. Stock is trading above most of the moving averages on Daily, Weekly and...
CHAMBLFERT -- Based on the trendline and current momentum we should see a good upside in the short term. Currently stock is trading above most of the moving averages on Daily, Weekly and Monthly time frames. Also on a Daily Time frame: We can see stock reversing from the Double bottom. The next target in the short term is 366-368 levels and beyond that,...
BANDHANBNK -- currently trading below all indicators. But looks like this will bounce back from long term support level of 210 and should see some reversal in short term. On Daily Time frame: If breakout on this, we should see 245-250 levels and if any momentum pickup with good news/results - we should see 255 level takeout. On Weekly time frame: Stock...
AARTIIND currently trading exactly on the breakout stage of 530-540 levels. As we can see stock trading above most of the moving averages on Daily, Weekly and Monthly time frames - keep in the watchlist. If the breakout sustains - the first possible resistance: 567-570 and beyond that we should see 630 levels in short time frame. On Weekly Time frame : On...
IBULHSGFIN - on the raise from the past couple of weeks - after months of the downtrend. 159 will be strong support and trade above with the next target of 184. If sustains the momentum we should see 220-225 levels soon. Daily Time Frame : Clearly stock is above all indicators. On Weekly and Daily trame CCI is above 100 In short term - can trade with SL...
HINDCON - Hindcon Chemicals Ltd Mainly in the manufacturing of sodium silicate and construction chemicals. It has a range of construction chemicals and cement additives in the chemical industry. After 6 months of consolidation - clearly, stock BO has strong resistance. On the Weekly time frame, CCI crossed 100 levels, and also on the Daily time frame - clearly...
HIL - NSE:HIL A group company of CK Birla Group, formerly known as Hyderabad Industries Limited into construction materials, machinery, industrial supplies, and components. On Daily and Weekly time frames - most of the indicators are in Green. On Daily TF - CCI crossed above 100 and on Weekly TF also on the raise & close to 100. 3200 and 3275 levels will...
Creative Peripherals NSE:CREATIVE - Seems to be clearly breaking out of trendline from recent lows during the May-2023 time frame. Clearly, CCI is crossing above 100 on the Weekly time frame. On Daily Time Frame 2023 March results - Net sales up by 53%. And financials can be seen below. Also on Daily time frame basis - we can see all indicators are on...
Based on the Chart - after months of consolidation - Tatasteel crossed the trendline and looks like sustained the move. Also from indicators perspective - Daily RSI > Weekly > Monthly. Currently trading above Daily, Weekly, Monthly 20-SMA, and 50-SMA. Also above Weekly, Monthly Pivots and above VWMA on Weekly charts. It crossed CCI 100 on Daily and Weekly...
SUNPHARMA -- Quick up move from 925 to 1050+ levels in 2 weeks. Based on Harmonic pattern - we can see Bearish Cypher in hourly time frame. And even though the Market is in a strong uptrend yesterday - we see a fall from 1053 to 1032. If the trend continues after slight consolidation at 1026- 1018 levels, we should be testing 972 soon. 1024 will be critical...
UGARSUGAR -- Look at the trend from Feb - 2023 onwards. Feb10th - Financial results Currently stock crossed the trend line, high on momentum, Daily RSI > Weekly RSI > Monthly RSI Trading above all moving average indicators. Add to watchlist --
DIVISLAB Above all moving averages on Daily, Weekly, and Monthly time frames. Clearly, we can see 3632 will be strong resistance -- and after slight consolidation once it takes off -- 3900 will be major resistance. Add to watchlist -- Wait for a clear crossover of 3632 level before entry. Study further before trade ...
DIXON -- Chat clearly explains the entire story. Within 3 weeks -- from 3100 to 4670 levels. The current level is long-term strong resistance - and not able to cross 4 times previously. 5th time -- with current acceleration - possible to takeout this level. Add to watchlist - wait for the clear breakout and the next target will be 5400 levels. In case of BO...
RECLTD : Crossing long-term trend line and trading at 6 years-high levels. The week on Week - crossing 4 Weeks High and possibly moving to higher highs. From an indicators perspective, everything in green. Daily RSI > Weekly RSI > Monthly RSI 20 SMA Daily > Weekly > Monthly 50 SMA Daily > Weekly > Monthly Daily TF SMA 20 > SMA 50 On Daily time frame SMA...
NSE:DFMFOODS This is trading in a small range from the past 3 months - seems to be some accumulation is going on in this. In terms of daily delivery % - 20 day avg is at 71.25% and most days it's above 80-85%. Stock is trading above all averages on Daily, Weekly, and Monthly moving averages. Add to watchlist - & also add to alert on price breakout of...
KALYANKJIL -- after listing 2 years back - most of the time traded from 60-80 levels and recently moved out this zone. Also above all moving averages on daily, weekly and Monthly levels. From Financials point of view - we can see the growth. Net +ve voume seems to be raising. Daily Delivery % is also on raise. KALYANKJIL 34.57 % (2days bk) ...