Chart Speaks- GMDCI have been sharing for a long time now about News v/s Chart analysis. I am a strong believer that any development about the company is visible on chart, be it positive or negative. This time its GMDC.
Read the News -
CENTRE PREPARING INCENTIVES TO ENCOURAGE DOMESTIC PRODUCTION OF RARE EARTH MAGNETS: KUMARASWAMY: MONEYCONTROL
Company was in the news since early this month on rare earth materials. Price action already hinting it since March, April, July & Aug 2025.
Chartreading
Swing Trading Basic- How to Select a Stock for SwingHow to identify a Swing Trading Set up.
Let's take an Example of "Arihant Capital Fin". During that Reversal, price start floating above 20 MA. That's an early sign- Real Time EOD Price is now trending above 20 Day's Average price. It means now price is above monthly Average (22 Trading Days /Month).
Additionally, Volume confirmation also suggest same trend direction (During June 2025). Moreover 20 MA stops decline, pauses & starts it's reversal Journey. Exactly from hereon, if Price starts giving VCP or 20 MA Supporting scenario, get ready for a Swing Trade in such Stocks. You'll see in the chart, every dip to 20 MA was bought nicely.
This is not a buying/ trading advise. Market Factor, Stock & Sector specifics, needs to be considered for trading. Every stock has it's own soul of price movement. This is a psychological journey than Scanning, indicators & Technical skills. You'll master it if you repeatedly practice min 20 charts a Day for at least 6 months!
Wish you Happy Trading & Happy Learning!
Charts Speak #Sharada Cropchem
Sharada Cropchem
Charts always lead the News! This is yet another example where price was leading & News came later.
Stock was under accumulation since June with higher qty. In fact since May 25, it was getting bought in average 2-3M qty weekly. What a planned buying..
28th May, 4 June, 18th July were nice buying alarms for us. Today it was just a final nail in the coffin.
Necklace Pattern = KECLMy favorite "Necklace Pattern" is getting unfolded in "KECL" on monthly Time Frame. In fact, this Kirloskar Group is seriously re-vamping all its group companies & it's evident in their charts as well!
Referring Monthly TF on BSE Chart since NSE has limited data to study for this scrip.
Cheers!
Necklace Pattern Trading - "S Chand & Company"This has been highly dependable stock since last 1 month. When benchmark Index "Nifty" fell by 500 points, this stock was rock solid holding its swing high level & stayed in the range of just 20 points. This is my Necklace Pattern stock it will be interesting to see how story unfolds when it reaches its previous swing highs.