Necklace Pattern-Electcast SteelAny Idea about this Stock? Guess What -
Huge Volume whooping 50M+ Accumulated by institutional buyers over last 3-6 months.
Strong resistance near 200 MA
200 MA Break out.
Silent for some weeks, eliminating weak hands!
Necklace completion at 101 level, CMP around 59
Guess the Move ahead!
Stocksonthemove
Falling Knife Series- Consolidation of DMARTThis stock has fallen from its high of 5900 & now trading at low 3500 which is a fall of 50+ from its peak. Consolidation has been observed for last few day on different Time Frames. Interesting to see whether it will be able to break shackles to move up or falls further to new low.
Check your own chart, this is only for educational purpose & Not a buy recommendation.
Falling Knife- Consolidation Series - Asian PaintsThis stock has fallen from the high of 3500 level to almost 2800 level & that is 20% fall in almost 6-7 months. Its trading in the range for last 2-3 months & it'll be interesting to see whether it breaks itself free for its old glory.
Check your own chart, this is only for educational purpose & Not a buy recommendation.
Necklace Pattern Series- "Bector Foods"How nicely Necklace Pattern is being shaped.
A Necklace is when stock goes down 90% & reaches back to its old lifetime High...Monthly TF clearly indicates target above Life Time High! Its re-claiming its past glory!
This is also called as rounded bottom, but since its re-claiming its old High, its no more a bottom, right?
Necklace Pattern = KECLMy favorite "Necklace Pattern" is getting unfolded in "KECL" on monthly Time Frame. In fact, this Kirloskar Group is seriously re-vamping all its group companies & it's evident in their charts as well!
Referring Monthly TF on BSE Chart since NSE has limited data to study for this scrip.
Cheers!
Necklace Pattern Trading - "S Chand & Company"This has been highly dependable stock since last 1 month. When benchmark Index "Nifty" fell by 500 points, this stock was rock solid holding its swing high level & stayed in the range of just 20 points. This is my Necklace Pattern stock it will be interesting to see how story unfolds when it reaches its previous swing highs.
Never Say Die Stock - "Data Patterns"Data Patterns is a vertically integrated defense and aerospace electronics solutions
provider catering to the indigenously developed defense products industry. The
company has proven in-house design & development capabilities and experience of
more than three decades in the defense and aerospace electronics space. They have clients like ISRO, DRDO & HAL etc. Reserves to Borrowing ratio is also attractive.
Source - Screener.in.
If it crosses 1440 level, it may give us a new high. This is a study purpose chart & NOT a By call or recommendation!
Necklace Pattern Series -"Career Point"This Stock is creating repeated Necklace patterns, i.e. rounded bottom in follow up manner. When such stock tries to reach higher high or tries to defend lower levels repeatedly, it may touch its past glory i.e. its previous Life Time High & explode further.
This chart is for study purpose & not a buy call!
Roblox stock price and forecast 2022The stock has been dumped since last January 2022, losing almost 85% of its value. Per supply and demand stock analysis, we expect Roblox’s stock price to reach the supply imbalance of around $103 per share, where we should realise profits if we purchase shares of the stock. There is a medium-term bias with a lot of margin for profit on Roblox stock, with a potential rise of more than 100% in the following months. The supply and demand stock technical analysis attached does not say that Roblox will rally to the strong imbalance overhead without first pulling back. Stocks do not move in straight lines; be patient!
PRISM JOHNSON LIMITED ( EDUCATIONAL PURPOSE ONLY)
There is no guarantee in stock market and Nothing over week
Always Invest or trade according to your loss bearing capacity
STOCK TO STUDY (EDUCATIONAL PURPOSE ONLY)
PRISM JOHNSON LTD. with target of RS 125 CMP IS RS114.10
STOP LOSS: ACCORDING TO YOUR RISK APPETITE OR RS 105
Disclaimer: I am not Sebi Registered. All my ideas/opinions and analysis are for your information and educational purposes only and it does not constitute any recommendation to buy or sell any stock or index. Use your own wisdom.
M B PANDEY
Student of Share Market since 2015
B.Sc. (MATHS & PHYSICS)
Disclaimer: I AM NOT SEBI REGISTERED
Strong trend line seen in GICI was going through some trades from this year and I saw this symbol. I made some money on it but I completely forgot who it was! I then remembered this used to go by the ticker SYS and I remember they offered this "bonus" one time dividend that was like 1 dollar a share or something awesome. Anyways, check the lower trend line. It has been respected time and time again. I've been watching this for the last few days looking for confirmation. The volume going into close warrants a further look next week. My gut was telling me to take a nibble this morning and look! It went straight up later in the afternoon. My price target for the short term is 38.50
This is not advice or a direction to take positions in any financial instrument. Good old fashioned entertainment! Everyone is responsible for their own trades and strategies, please do your own DD and plan each of your trades accordingly! GLTA
First idea post in Trading View :)