sumedhb100

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This stock has been in a downtrend. Few days earlier, it has broken out of trend reversal double bottom pattern. Also retested the the neckline couple of times. In fact, both the times, it went below neckline and again came up with a huge volume. This clearly suggest that strong buyers are standing below that level. The stock is consolidating near it's downward...

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On daily charts of TTKPRESTIGE prices have formed a very subtle and beautiful double bottom pattern after short term downtrend . If we look at the weekly chart price has came to retest it's previous three times resistance level, which was broken last year around the same month and now suppose to act as support. On hourly charts, huge volume is visible when both...

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A TATA Group Company, INDIAN HOTEL is moving in Darvas Box. Swing traders keep this on radar because it looks like this stock is ready to break upper range of current Darvas Box and enter into a new one. Multifold increase in volume is clearly seen on the chart since last September. If it breaks upper range then it will be considered as volume accumulation. Add...

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COLPAL seems ready to move high from here. After consolidating for almost 6 months, stock has broken upper range of Rs.1480 and retested the same. This set-up looks promising. Swing traders can keep this on radar.

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If we take a look at weekly chart of ASAHI INDIA GLASS, it is going in smooth uptrend. In daily chart, it had formed double bottom pattern on weekly support trendline. After breaking out of this trend reversal pattern, the neckline was retested twice. While retesting the neckline, stock was forming pennant pattern in hourly chart. Today it came to apex point of...

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ANDHRA PETROCHEMICALS LTD is ready for uptrend. After been in a downtrend for almost a year, this stock is ready to move up from here on. Recently this stock has formed double bottom pattern and has broken the neckline of the same. Huge volume is clearly seen at the time of breakout. Now that all stocks in this sector are moving higher, this is also ready. Swing...

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SHAKTIPUMP is has been in a downtrend for a long time. Now it has formed double bottom pattern on its strong weekly horizontal line support. Also is forming a bullish hammer candlestick pattern on weekly support line. This suggest that there is a strong demand for this share around this level. The stock has closed above the neckline of double bottom in hourly...

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ACCELYA Solutions Ltd. A small cap IT company catering to Airlines & Tourism Industry. Toady it came up up with good quarterly results. Stock has been in a short-term downtrend. Now price has reached it's weekly support trendline. Also if we go back to MAY-JUNE 2021, we can see huge volume around this price. In daily time frame stock has formed a pattern similar...

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Here is a fresh breakout for crypto traders. VeChainThor (VET) has broken neckline of double bottom trend reversal pattern with huge volume and is trading firmly above. Crypto enthusiast can buy VET on pullback, in the price range mentioned on the chart

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JKTYRE has broken neckline of double bottom pattern which was formed after downtrend. Swing traders may look to enter in this stock if it retraces back to it's neckline.

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BANKBARODA has formed an Inverse H&S pattern on intraday timeframe after a minor downtrend. Aspiring intraday traders can keep it on watch for couple of days. If it breaks neckline with strong volume, can be taken as an intraday opportunity.

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RATEGAIN is forming a bullish pennant pattern after breaking out from double bottom i.e. trend reversal pattern. Few weeks earlier it rose sharply after breaking double bottom pattern and now this vertical rise can be considered as flag. The stock is now consolidating, volumes are also drying and moving eastside towards apex point of pennant. Intraday traders and...

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CARTRADE is forming rounding bottom and double bottom pattern after downtrend which started right after listing. Swing traders & intra-day traders may keep an eye on this scrip.

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SAPPHIRE has formed an Inverse Head & Shoulder pattern after a downtrend. Broke the neckline and retested the same. Now it looks like stock is ready to move up again. Intraday traders can keep this stock in watchlist and swing traders can take delivery if it breaks 1340.