IEX on recovering path from the recent 130 levels and slowly moving to the next level. Above 154, if sustains - the immediate target will be 165 Currently trading above most of the indicators on daily/weekly/ monthly time frames. Looking at this - > Anti Gartely pattern - T1 is touched and reversing. Wait for a close above 154 levels before taking entry. ...
Looking at KIMS price movement from past couple of months, clearly, we can see a raise - distribution-fall. However currently stock is below all moving averages - not convincing any reason to buy this. On average 10K - 40K will be the daily volume and today it is 166K. But why the delivery % is very high today? It is 95%. KIMS - Delivery % data : ...
NCC is on an uptrend for the past couple of months (from Nov-22). Currently crossed 3 years High and looking positive. Also above all the average in terms of daily, weekly and monthly time frames. Add to watchlist.
NSE:INOXWIND After a recent downtrend from NOV, INOXWIND seems to be bouncing back from support levels. We can clearly see an increase in volumes, above all the moving averages. Also, Daily RSI is increasing, which is above weekly and monthly. Also stock closed above the previous Week and Monthly Highs. Add to watchlist - next target will be 128 and then 154...
Looking at the charts on various time frames - few stocks with Possible upside Harmonic patterns are shared for study purpose: NSE:LAURUSLABS NSE:HINDUNILVR NSE:ASHOKLEY NSE:COLPAL
MPSLTD ( NSE:MPSLTD ) is on continuous raise from some time. Currently crossing 8 Years High - 1095. Also from a Daily volume perspective - on raise, and Strong support at 977 levels. Add to Watchlist
NSE:JINDALSAW Jindal Saw - manufacturer and supplier of iron and steel pipes and pellets. Manufacturing facilities in India, US, EU and UAE. If you trade based on Moving averages or indicators -- currently stock is trading above all - in the green zone on Daily, Weekly, and Monthly time frames. Yesterday crossed the yearly high and possible to move further...
CHALET NSE:CHALET Looks like it's out of Squeeze and closed above the previous week's high. Monthly and Weekly trends changed to Positive. On Weekly time frame, SMA 13> SMA 34> SMA 55 and currently Close crossed W13 Upside On RSI - M:66.3 WK:55.1 D:61.4 (Raising) Add to watchlist - should see the good upside. Possible targets - 393, 415, 478.
HOMEFIRST : NSE:HOMEFIRST After consolidation - looks like again resuming the upside journey. Yesterday's volume is the highest in the past 3 months. The trend changed to +ve. Close crossed and closed above Monthly High. Price is out of Squeeze. Close is above SMA 20 on Daily / Weekly and Monthly time frames. Daily 13 crossed D 55 SMA Weekly 13...
My Perception & the way I trade: JSW STEEL ( NSE:JSWSTEEL1! )-- currently trading in close range from previous Weekly High and Monthly high levels. Also from Harmonics' perspective - possible to test 774-777 levels before any kind of reversal. Which is also 0.786 retracement level. These levels are also in line with Prev Week/Month high levels. Add JAN 770...
IPCALAB : NSE:IPCALAB Clear Bounce from strong support and trying to break trendline. Also from Futures perspective - clearly price crossed the previous month's series VWAP and the current Series VWAP. If the current momentum us sustained and takeoff 875 - we should see a super move. Add to watchlist.
Currently, KOTAK BANK Daily 20 SMA, 40 SMA, 100 SMA, 150 SMA, and 200 SMA are trading within 3% range. Today's volume is the lowest in the past 6 months. Today closed with Bullish Engulfing. Currently Close is below Daily and Weekly 20 SMA. Also As we can see Cipher Harmonic pattern formation on Dailly's time frame. If crosses and sustains above 1854 levels...
FACT is closing the current week with, Weekly High is equal to 3 Week back High. Today volume is akso highest in the month on Daily basis. Trend Changed to +ve Today. Crossed Weekly and Monthly Pivots upside Close is above 20 SMA on Daily, Weekly, and Monthly time frames. Monthly & Weekly trend Changed to +ve RSI- Monthly:56.2 Weekly: 53.2 Daily:...
Add to watchlist - Once BO is on the parallel channel - we should see an 8-12% upside momemntum in a short period. 2022-11-02: Close crossed 20 SMA on Daily/Weekly/Monthly time frames. The monthly trend and Weekly trend are +ve. 2022-11-01: Current price is in Convergence - SMA 20/50/100/150/200 all are in the 3% range. Close...
LAURUSLABS - seems to be coming out of bottom levels and looking at increasing volumes- add to watchlist. Above 485 - we should test 530 - beyond this, we should see 640-650 levels.
SWANENERGY -- Crossed trendline, BO with High volumes. Add to watchlist. 2022-10-31: Volume is highest in the current Month. Trend Changed to +ve Today. Also, close crossed Weekly and Monthly Pivots. Close is above 20 SMA on Daily/ Weekly/ Monthly time frames. The monthly and Weekly trend changed to +ve. Also, VWMA on the Daily time frame crossed the...
Slowly moving towards higher highs. Previous month -- we can see repeatedly trying to move above 312-316 levels and failing multiple times. From current levels - next target is 310. And once cross the previous month's High - we can see a quick upside .. and Zoom to much higher levels. Add to watchlist.
After a recent fall from 9870 to 8082 levels - Maruti is showing a bounce from the support line. If sustain the momentum - we should see 8474 and then the next 8722 levels in short term. Currently - we see a crossing 8300 - and based on AB=CD harmonic pattern - if the market trend supports - we should see the breakout of the short-term trendline. This will...