For the banking sector to perform well we need breakout at the marked area. The relative strength cure is sloping upward. which is a good sign
Stock: Siemens Entry. 2392 (Needs more confirmation) Right entry is 2470 which is BO zone Analysis: 1. The structure is good. 2. When the price fell it did on the back of low volumes 3. Recently volume spike and a couple of bullish candles indicate a further up move. 4. Divided is on 24 Jan 2022
Stock: HAL Entry: 1293 Analysis: Channel breakout with volumes. refer to the chart. Please add less qty as the stock is trading below 50 DMA. As trend confirm keep adding to winning positions. Marked multiple resistance reference.
Stock: Tata motors Entry : 500 Analysis: Stage breakout Wide range of bullish candles with a spike in volumes are seen.
Stock Hindolexp Entry: 219 Analysis: Cup and handle formation Wide range bullish candles are seen with volumes spike
Stock: Asian Paints. Entry: Need more confirmation Analysis: Though this stock has given a breakout The volumes are below average. once I see a spike in volumes I will look at this. There is no doubt that volumes are increasing. but need a pullback for entry
Stock: SYNGENE Entry 642 Trade Short term. Entry 639 Analysis: beautiful stage structure breakout with Volumes. WRBC (Wide range bullish candle)
Fundamentally strong stock. Marked Supply and demand zones. Need one wide-range bullish candle at a supply zone. Keep it in the watch list, on break out add qty. entry 1022
Entry 2511 Analsis Cup and handle pattern. Stage breakout pick up in volumes Trading at all time high
Analysis: Nice Stage structure Stock has given a breakout Need one more wide range candle to go long
Entry: 129 Analysis: Beautiful stage strcutre Break out with spike in volumes.
Stage Breakout on hourly time frame. Wide range bullish candle with spike in voulmes are identified Entry 2475 look for pull back on monday.
Stock: KPITTECH Entry: 530 Analysis: Nice stage strucuture (Consolidation zone) looking for breakout like I have marked on the zone. look for strong bullish candle and volume spike during the breakout.
Stage breakout. Spike in voulumes Wide range bullish candles can be seen too.
Subject: Technical anlysis/ Casestudy on Barbeque Nation price action. Introduction: On Hindsight anyone can tell what are the stocks that are performing well. What realy matters or give an edge is preempting the price action before it could happen. Analysis: Barbeque nation has been exceptionaly stong in terms of the trend. Now looking at recent price action....
1. Beautiful stage strucure. 2. Bullish Wide range and spike in volumes could be seen. More details on chart.
1. Wide range bullish candles as pointed on the chart. 2. look at bearish candles as pointed on the chart. 3. Trying to reach 50 DMA trend line 4. formed a Nce stage structure. 5. Marked breakout entry, Accumulate less right now