Volume is drying up as the stock moves down. No severe selling yet. The market weakness and a recent runup lead to some profit booking and consolidation. 50 EMA should act as support.
Dynemic Products is very reluctant to a recent market correction. It has formed a Cup and Handle pattern recently and forming flags (base on base). Bullish for the short term.
#ATUL VCP breakout pivot point identified as 7000. Entry can be taken above this level. Stop should be kept at 6600 (-6%). Let's see when we have to book profit if #ATUL breaks out. Atul is in the business of Life Science Chemicals and Performance and Other Chemicals and caters to the needs of varied industries across the world such as Adhesives, Agriculture,...
TATA Consumer looking interested in the chart for a long position. Study and take a call....
Alkylamines close to the pivot point of an VCP set up. Good opportunity for short time.
Rupa forming a VCP as market out in the chart. The conventional target of 375. SL below 21 EMA 305. 1:3.66 Risk reward ratio.
Good pattern for a good breakout. #KPITTECH
Rupa forming a VCP. The conventional target of 390. SL 21 EMA around 310 now.
#KPITTECH on the verge of break out. A break out with volume should give around 20-25% gain minimum.