CNX Pharma about to break long Parallel Channel, when it break pharma stocks will move immensely.
LICHSGFIN ready to break many time tested resistance which make it more prone for BO(breakout). And sister stocks(by Jesse Livermore, stocks from same sector) : HUDCO n PNB Housing already gave good moves. And right now sister stocks are moving together: railway stocks, defense, infra. -Clearly Green Vol > Red Vol -Good Shakeout: when major ema undercut and...
-EPS Growth, GNPA/NNPA decreasing, NIM Increasing -Testing Resistance forth time, all good PSUBANK stocks setting up. Check Vol
Orient Paper setting up perfect Cup n handle for 29th may Results, but breakout(BO) before that as already gave signals -Signal Candle : 5% mov with 8M vol -Check vol dried up in Cup formation then green vol spiked clearly Demand>Supply
Demand is very high compare to supply. When market was showing weakness, it consolidate with selling vol drying up. Today gave breakout(BO) of 3488 level with good Vol. If one masters Price-Volume action, market seems easy.
FSN posted good YoY results with expanding offline too, this can be super combo: online(e-com) + offline for the future growth for the company. -right now, setup is in stage 1 but in uptrend so VCP concept can apply VCP : 20W-30/2-4Ts (Contraction for 20 weeks, contracting from 30% to ~2% n total contraction 4 times) -check Red Arrows how supply is flushing with...
PNC Infra: -Tested 460-470 range several times but didn't fell much from there recovering fast, showing supply from resistance is not strong. -Tight closes near this Breakout (BO) level. -A long base forming, means can give long breakout (check Gold n Silver how they from long base consolidation gave big move). -Check red arrows what volumes are doing on falls....
Another stock from Shipping n Port family yet to perform after good move by Cochin Shipyard, SCI, Mazagon Dock, GRSE, Adani Ports. -Green Vol > Red Vol, clearing on falls vol is low compare to up days. -Good recovery from May start correction. -Tight closes near Down Trendline Breakout (DTL BO), tested multiple times. -VCP (Volatility Contraction Pattern by sir...
-Volatility Contracting with Green vol > Red vol -Good Shakeout (when goes under major ema and goes up, here 50 ema 2 times) -Tight closes near BO (breakout) Overall I liked the setup, in watchlist for buy above BO
-VCP -5Wave Setup -green Vol Spikes -tightness -Bounce from 50emas -Squeezed b/w PP n 10emas
-Good Base forming. -Ema Shakeout (MAU&R) -Green Vol > Red Vol -Inverted Head n Shoulder in forming