Rugminik

Rugminik

The stock is in a strong uptrend in all Higher time frames. The RSI is above 60 in D,W,M. The stock is showing a volatility compression in Daily timeframe. One can look to enter at 118 and look for swing targets of 128, 137, 150.

Rugminik Updated 

The stock has compressed and poised to move out of the compression zone. One may consider to enter at around 2600, target 2720 and further trail.

Rugminik Updated 

The stock is at an ATH. It looks good for an entry above 818, ascending triangle in formation in Daily. The stock is strong in Monthly as well, it has broken out of a Triangle pattern and then moving up strong after pushing all the sellers down with buying pressure evident.

Rugminik

1) The stock is poised for a multiyear breakout, it has formed an ascending triangle pattern in monthly timeframe indicating a strong up move once after the ATH is broken. 2) Candlesticks show extremely bullish price action. Inside bars in Monthly as well. 3) RSI in monthly and weekly are supportive, moving up after a small correction. For a swing trade - One...

Rugminik Updated 

The stock is in a strong uptrend in daily, weekly. Monthly is in the verge of moving into an uptrend. One can enter once the swing high is taken off in 15/30 minutes for a minimum 10% up move. Happy trading.

Rugminik

1) The stock is strong, trend is up in weekly, daily, monthly. 2) Buying pressure evident from the last 2 months as interpreted from the monthly candles. 3) The stock is consolidating for the last 3 months and is now ready to move up for a move of 15-20%. 4) One can consider an entry based on 15 min candle close above the last swing high.

Rugminik

SCI has taken all the liquidity at ATH. It is inching to break ATH soon. A price compression Breakout is visible, a probable retest in progress, any reversal at 148 one may consider for an entry, target till 175 and then 200.

Rugminik

The stock is poised for an up move after a consolidation of 1 month, it would move up to the supply zones marked in black lines. Entry can be 780 - 792 zone. SL DCB - 180 Targets could be 5 - 10 % as per Risk management.

Rugminik

The stock is trying to move out of 10 years old consolidation base formed. Chart looks very strong in 3M, M. Next resistance at 130-140 zone. Happy trading!

Rugminik Updated 

Voltas is reversing from the 61.8% Fibonacci Retracement levels of the previous swing in Monthly Timeframe with a Double Bottom and Bullish RSI Divergence which is a very Bullish pattern. Daily timeframe shows a price compression too. Once the Monthly candle crosses above the Trendline, can look for the marked SUPPLY LEVELS as target levels. Bottom fishing with...

Rugminik Updated 

UCO bank has broken out of bullish pennant in Weekly/Daily Timeframe, One may consider to go long with SL at previous swing low, 26 , target 45-50. For a holding period of about 4-8 weeks. Happy Trading, DYOR.

Rugminik Updated 

DLink, looks strong in monthly and weekly, multiple times sellers have attempted to bring the price down at the major supply zone of 228-253, but buyers have won and the stock is moving up. Weekly is moving in a narrow range consolidation, 3rd week, now, post the triangle compression breakout that happened. One may look for consolidaiton BO in the upper side...

Rugminik Updated 

1) KPR Mill is reversing from it's Monthly 0.382 Fib retracement zone. 2) Weekly timeframe shows a Double Bottom Pattern with breakout and retest and , moving up post the retest zone. 3) The retest has happened through a narrow range consolidation of about 7 weeks. So one may consider for an upmove from current levels with 622 range as SL, for a target of 750...

Rugminik

The stock is very strong in Monthly, weekly, Daily, has been on a very strong uptrend. On the daily time frame it has moved out of 1 month old consolidation zone. So one can look to enter the stock at the demand levels marked for a quick move till the supply zone of 180. A good 10% opportunity exists. Trade at your own risk. Happy trading!

Rugminik

Monthly is moving out of 4 months old consolidation period. Weekly shows a triangle chart pattern compression BO. One may consider an immediate swing trade for a target till the supply levels marked, 280 range. Quick 5 to 10% move is seen. And if the price sustains above 180 then the stock may move to 350. Happy trading!

Rugminik Updated 

1) Monthly – Moving up into RSI 60+ from oversold zone, reversed at Fibonacci retracement levels of 61.8% 2) Weekly – Uptrend, inside candle has formed. 3) Daily is in a range consolidation for the last 10 trading sessions. 4) 75 Minutes shows a solid compression, if the range breaks 150.30 and sustains for about 1 Hr + then one may consider going long till...

Rugminik

1) Monthly trend is up 2) Weekly retracement is progress, RSI at 60, make or break zone. 3) Fib 23% retracement at 19250 – which is done already 4) Fib 38% at 18789 – very important as it is Monthly swing top demand level. 5) Daily – Crucial support at 50 EMA. RSI < 40. Has not been broken since March rally from 16800 bottom. 6) 4H sitting at 100 EMA crucial...

Rugminik Updated 

1) Monthly chart - The Trend is up. 2) Weekly chart - The Trend is up, and RSI is coming down from the overbought levels of 80+, last 2 weeks of candles indicate sellers in the market, with wicks at the top. Any close below the shooting star weekly candle confirms it. Weekly Close below 19600. 3) Daily timeframe, 20 EMA breakdown in the huge rally of 16800 for the...