New Entry in Sarveshwar Foods last week basis Weekly Squeeze bars & Higher Low Formation. Hope the range breakout continues!
Necklace Pattern- New High- Price over taking ATH & post ATH behaviour.
Any 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!
This 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.
In this Knowledge Nugget, I have explained logic behind my own trade in "IZMO" which rallied 50% + from its swing low in just days. I am found of entering such stocks for one round of buying at support level with my own set up logic. This is for educational purpose & please do not copy this trade without understanding risk & position sizing.
This 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.
This stock is approaching for its lifetime high & it it does so, it will complete 2nd Necklace. This re-claiming Life Time High may open doors for forward move! This is not a Buy Call, chart shared for learning purpose.
This counter is about to complete Necklace Pattern & ready to fly thereasfter!
"We started accumulating it @130 -140 Level!" After completing its 3 Necklace, Kamat Hotel is finally preparing for a Base to reach its Final Necklace i.e - ATH in coming months. Time will tell, Hope, market also support it!
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?
Aptech has completed our theory of "Necklace Patter" beautifully! Its re-approaching it's life time high & may explode further. It'll be interesting to see how it reacts near its high.
This scrip showing high potential to move up with 2 factors as mentioned in subject line. 1. It has Necklace Pattern follow up & 2. Its breaking Trendline.
Is this stock creating a Necklace Pattern? A Necklace is when stock goes down 90% & reaches back to its old lifetime High... Just check this on M,W & D TFs with your own setup! Somethings is definitely cooking there!
Let's see what happens to Future Chart as Spot has already touched its High
Sonata Software was on breakout today morning & entered at 738 with new morning high & its about to make a new Life Time (ATH) as per monthly TF.
If R1 is crossed successfully, TAJ GVK seems to be ready to hit T1 & T2. It's going to be interesting set up going ahead. Have look at MACD Cross over on Daily TF as well.
In this video I have explained how to analyze a stock Technically & Fundamentally. Using simple & free Website of BSE India. This video is only for Learning Purpose & not a Buy Call or tip! Viewers discretion is solicitated.
This stock looks strong on all D,W, & M TFs. It has attempted today for a new high but got rejected. New Life Time High may be created by a Gap up tomorrow. Good stock for medium to Long Term. Are we going to see this soon?