rks25195

rks25195

Midhani might be ready to form a new channel to move further up, this may be seen as flag break out, currently retesting the old channel. Let it close above 308

rks25195

A close above 790 can break the long going consolidation on the upper side, I see a volatility contraction in the counter, if held well, this stock may run good in coming months, T 830, 930 and 1100.

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We might be witnessing volatility contraction here, this counter can give gain from here, targets on the chart as horizontal lines.

rks25195

A close above 1325 with good daily volume is a sign that it is going into high spirits, first target will be 1485 and then ATH.

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seems to be out of volatility compression, one higher close with green candle and target are set on chart.

rks25195

IRCTC seems to be broke out of a inverted H and S or CnH, the scrip is above all important MAs, if this sustains, the stock can give good returns. A lot of overhead resistance it needs to fight.

rks25195

can be a start of a mega rally towards a mega cap....invreted H&S BO, first target 3700, 2nd 3900. and in long term this may go a long way

rks25195

A close above 790 and we can see steel melt the chart.

rks25195

Seems to formed and brokeout of a cup and handle, good volume. Need support of the market sentiments. 1st Target ATH (Short term), 2nd Target 255.

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a cup and handle is visible, scrip can go to complete the rounding bottom and then touch the ATH.

rks25195

Short term, cup n handle formation, a close above 63 may take it to 72 in short term which is also a rounding bottom completion.

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A close above 655 can fuel its engine, lets wait for the old glory of IRCTC.

rks25195

Beautiful VCP on charts, scrip has already BO with good volume, if this sustains , 1st Traget 425-Channel Resistance(or 441), 2nd Target 500-Horizontal Resistance, 3rd Target ATH, (this is for medium term)

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small cap seems to have done a BO, if traditional patterns to be considered, a pennant has formed and BO is already there, this may take smallcap index to around 14800 which is also the upper trnedline for long term.. this maybe the time of smallcap, this will surely take time and may have few consolidation phases within it.

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A lot of people are thinking of it a penant but it is a triangle instead so we are not sure that this will continue to be bearish, a bullish break out can also be there, wait and watch.

rks25195

Not a very strong signal though the scrip looks like ready for upmove, a close above 196.5 will make this view valid.

rks25195

The RSI divergence and the minor BO shows that the this index can at least go till 5990.

rks25195 Updated 

falling channel BO done, HH-HL already forming on Daily TF, Rectangle consolidation box is to be broken amd to be closed above 357 with good vol to create the buzz.