#CHOLAFIN : Inverted head-and-shoulders bottom My View : It would be fail to move upward. Invalid interms of volumn formation at right shoulder. Rest will post later.
#BRITANNIA _ Buy With SL 2400 Will Explain the detail Analysis.
#GALAXYSURF Analysis Daily Candle 1.Its above both 200 DMA and 150 DMA from last 45 Days.. 2.Its not above both 50 DMA and 20 DMA. Weekly Candle 1. It has broke downtrend with high volume. Angle almost 45 degree 2. It has been up trending with avg volume. Angle almost near to 45 degree. Plan 1. Buy in the range 1230-1240 level with half position 2. SL...
RNAM Analysis Daily Candle 1.Its above both 200 DMA and 150 DMA. 2.Its above both 50 DMA and 20 DMA 3.Its has been consoldition from last 45 Days. Weekly Candle 1. Looks like is has formed good uptrend. 2. But bad thing was its below trend line as of now. 3. 240 level is very crucial. 4. Volume is decreasing last 12 bars, squeeze 34 % decreases. Plan 1. If...
Divergance 1. As can see market has corrected aorund 10% from its top and this stock shows significance strength. 2. Its now above 200 DMA and 50 DMA. 3. Only stock to buy this stock is major resistance at 1530. 4. As step declining market this stock stairs up with perfect figure which most attract me and doubting Institutional might accumulating in it. 5. If its...
Naukari Stock Analysis. (This view is only for study purpose) 1. Its about form 3 T pattern.. (Please note this is my first attempt to find this pattern it may be wrong) 2. Its has been consolidating in large sell off market. Mean may be institutional accumulating this stock.I do not have evidence yet to confirm that. 3. Volume is drying from its peak to till...
Downward Breakout- Descending Triangle : busted patterns after the downward breakout reverses All information is only for educational purpose.Please consult your adviser before it. 1. Firstly its very risky to trade on this stock since its has been falling very badly and running in downtrend 2. But deploying some money and taking tight stop-loss will likely to...
Downward Breakout- Invalid Symmetrical Triangle 1.There are not enough price crossings to fill the triangle, leaving white space predominating. 2.There are not enough price crossings of the triangle to suggest a reliable formation. Although prices touch both trend lines several times, there is too much white space filling the center of the formation. 3. Point E...
Symmetrical Triangle Upward Breakout 1. Formation duration is 3 months Approx 2. Volume is reducing 3. More price action near breakout area Point D 4. Will wait how is behave in area Point E with good volume 5. If its up and break the area point E then I will enter with stop loss 5 %. 6. By math predict target could be A-B+D So (143-197+154) = 100 (hypo target )...
#ADHUNIKIND - chart
#ZEEL - Chart : Interesting to watch it near 364. If manage to break then it can touch 380