venkygeeves32

venkygeeves32

this is a case of perfect retracement from 50% fibonacci levels...from a high of 201, it retraced to 131 and started rallying then on..presently at 168 all technical indicators like moving averages,ichimoku cloud pattern are bullish..volumes are healthy..needs strong momentum which may come if Q4 results are good..results on 17 May..valuations are very reasonable...

venkygeeves32

campus activewear after slipping to a low of 215 has reversed the trend and likely to hit 300 in the short term..the moving averages are realigning and getting compressed nicely.it has moved into the positive territory in the daily charts on the ichimoku cloud and is seeing massive volumes today.a very safe bet with a stoploss of 240..there could be a minor...

venkygeeves32

nifty move from covid lows can be seen as a pole and pennant formation which has broken out around 19000 in oct...the medium term target is 30000...presently nifty is consolidating in a tight range and on breakout we may see a short term target of 24000

venkygeeves32

A much maligned stock,taking good support at the lower trend line.high volumes indicate inerest by big players..stock can move upto the upper trend line in the parallel channel,where there is likely to be a major resistance..seeing the nature of the stock which is largely news driven,and open to speculation by operators,the lower trend line should be kept as a...

venkygeeves32

there are two patterns emerging...flag with a pennant and cup and handle for a medium target