karthikmarar

karthikmarar

The stock is moving into the next orbit after some re-accumulation, a nice spring / Shakeout. All supporting parameters are positive as evident from the chart. The stocks looks ready to move much higher.

karthikmarar

The had moved out of a long consolidation moved out of the consolidation zone last November. Then again after two months of consolidation moving up again to the next step. Good volume support also seen. Relative strength and Money Flow is also positive indicating possible further up move.

karthikmarar

The stock is recovering a big down move. Making Higher Highs and Higher Lows. Also moving above the moving averages. Relative strength and Money Flow turning positive. The stock making higher high and higher low in the weekly as well. Breaking past the previous rejection zone as well. Could move to 400 plus levels.

karthikmarar

Another Momentum Stock with a pull back trading opportunity. Ready to resume the upward movement.

karthikmarar

Momentum Stock with a orderly pullback, Ready to resume upward momentum. The stock was showing positive momentum for the last six months. One of the top 20 Momentum stocks.

karthikmarar

Almost six months of consolidation. Now moved out of the consolidation zone with volume support. The Relative strength is turning positive. Money flow and buying pressure is also positive adding to the strength. Increased delivery-based buying is also seen. Interestingly, in the weekly TF we can see a nice volatility contraction pattern, making the probability...

karthikmarar

A nice consolidation pattern. Now, moving beyond the BC bar. However, the volume is not picking up. But the delivery volume is picking indicating interested buying. A good close beyond 370 with volume support will take the stock to next lap of higher prices.

karthikmarar

The stock is moving out of a long accumulation zone. After a spring just below the 50 DMA the stock recovered and now moved past the accumulation zone. Volume Support also coming in. Relative strength, Money flow and Buying pressure all positive and rising. Increased delivery volumes also adds to the strength. The stock looks poised to go much higher and test 540 levels

karthikmarar

Early November we saw that that the stock was recovering and at 1284 levels, we anticipated that the stock will test 1450 levels. Now that stock has tested 1450 levels and also crossed the Price Rejection zone and the last point of supply of 1475 as well. The stock looks poised to move higher. Relative strength, Buying pressure and Money flow all are positive...

karthikmarar

The stock was recovering from a big down move. Then it encountered a BC bar. It took more than three months to come out of the supply shadow of the BC bar. Now it has succeeded to come out of the supply shadow and cleared the last point of supply as well. This accumulation of three month has given enough strength to the stock to move up further. All key...

karthikmarar

As anticipated , the stock is all set to move tot he next lap of up move. A clear move above the shadow of the "BC" Bar with volume support. Delivery volumes also indicate longer term buyers coming in.

karthikmarar

The stock up move was stopped by a "BC" bar. Then the stock was push down to the 50 DMA. Taking support from there the stock started to recover. Now seems to succeed in crossing above the the supply shadow of the "BC" bar in the second attempt. Money Flow and Buying Pressure were already positive . The Relative strength is also turning positive. A good close...

karthikmarar

We have been following this stock from 83 levels in July when it formed a nice VCP pattern and was ready to move up. Then after a encountering a “BC” bar the stock was stuck inside the supply shadow of the “BC” Bar. After some consolidation and a “spring’ the stock started to recover. Now it has come out of the shadow of the “BC” bar and has crossed above the...

karthikmarar

The stock is coming out of the Supply Shadow of the "BC" bar. The Relative strength is turning positive. Buying Pressure and Money flow are already positive. Another upbar closing above the shadow preferably above today's High will ensure that the stock will move much higher. Also on the weekly as well the stock is moving above the supply shadow of a BC bar....

karthikmarar

Finally the stock is moving in to higher territory. In August we expected the stock to move up . But that move failed. Now the stock is taken out the Price Rejection Zone with Volume support. Other key parameters like Relative Strength, Money Flow, Buying Pressure all supporting the move. The minor, medium and long term trends are all up. The stock looks good to go.

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After facing Rejection around 280 levels, the stock retreated to below 50 DMA levels. After taking support from a previous Support Zone, the stock started to recover. Now the stock is attempting to take out the previous Price rejection Zone. The up move is supported by a positive Relative Strength, Volume and Money Flow. The Buying pressure is also positive. A...

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The stock faced lot of supply after a “BC” Bar. After taking support at 200 DMA levels the stock recovered. Now it has successfully moved past the supply shadow of the ‘BC” bar. The Relative strength, Absolute strength and Money Flow are all positive. The stock is likely move up further once more volume enters the stock.

karthikmarar

As anticipated in my last post the stock moved up. Up by 10% now. Negotiating another supply area now. All favorable conditions remain the same. Above 750 the stock will move up much further.