Another HUGE move by BTC. I didnt think we would cross 45k this week. Maybe next week but it happened TODAY. There is some serious strength going on with the market now and all indicators are showing this is the start of a full reversal. As i always note this isnt 100%, we are marking off check box after check box and we have just a little bit more to confirm...
* Excellent earnings quarter over quarter * Very strong up trend on the monthly time frame * High relative strength of 2.75 in the Consumer Defensive sector * Pays out a quarterly dividend * Breaking out a ~17 month base * Both monthly and weekly candles show a large bullish hammer candle * The weekly chart used the base resistance of $97.53 as support and mad a...
Tatacom broke out of triangle pattern on smaller timeframes. Could be bought with mentioned stoploss & targets
* Great earnings * Very strong up trend on the monthly time frame * Very high 3-month relative strength of 2.73 in the Industrials - Marine Shipping sector * U/D Volume Ratio of 0.85 (above 1 is preferred) * Upper base depth of 19.06% * Currently trading with volume 184.01% above its 15 day average * During the formation of the upper base it also created a cup and...
* Great earnings in the recent quarters * Strong up trend * High 3-month relative strength of 3.82 in the Industrial sector * Has a U/D Volume Ratio of 0.94 (ideal would have been > 1) * Pays out a generous dividend * Breaking out of its ~17 month base * Due to the recent volatility it had a slight pullback after its previous breakout * Has been holding up really...
* Excellent earnings quarter over quarter * Strong up trend in the long term * Incredibly high 3-month relative strength of 20.49 in the Consumer Cyclical sector * Breaking out of a ~8 month base with higher than average volume * Base depth is ~21.5% hence the max probable ROI for this trade would be ~21.5% if the trade goes in our favor * Recently broke above its...
* Exceptional earnings * Very strong up trend in the long term * Very high 3-month relative strength of 6.35 in the Tech sector * Pays out dividends * I last discussed this early December 2021 when it broke out of an 11 month base. * Since then it did move higher and due to recent market conditions it had a slight pull back. * Used $163.03 as support before...
NSE:VINYLINDIA has a good price action structure. Analysis done on chart. Targets: 280/300/52 week high (330 levels)+ Sl: for swing- 230 for positional- 210 Position size accordingly. HAPPY TRADING!
Lupin breaking out of almost three months of consolidation phase. Could be bought with mentioned stoploss & targets.
* Great earnings * Strong up trend in the long term * High 3-month relative strength of 1.08 in the Basic Materials sector * Pays out dividends * Breaking out of a ~7 month base with higher than average volume * Broke out earlier but due to current market conditions it did have a slight pull back and now is breaking out once again. * It did, in the recent months,...
* Great earnings * Very strong up trend in the long term * High 3-month relative strength of 1.12 in the Real Estate sector * Pays out dividends * Breaking out of a ~8 month cup formation with a depth of ~25.94% * Attempted to break out a couple of weeks ago but due to current market conditions it had a slight pull back and now is breaking out once again. *...
* Exceptional earnings quarter over quarter * Incredibly strong up trend over the long term * High 3-month relative strength of 2.87 in the Tech sector * Pays out dividends * Breaking out of a base on base pattern * First base lasted ~8 months before breaking out * Second base formed immediately after the breakout and has been forming for the past ~9 weeks *...
After rejecting from 654-656 levels multiple times, finally HDFCLIFE broke out with decent volumes. Could be bought with mentioned stoploss & target
BBTC made butterfly & broke out of multople resistance zone of 1131.55 with good volumes. Could be bought here with mentioned stoploss & targets.
Cummins made butterfly pattern & also broke out of strong resistance zone of 965. Could be bought here with mentioned stoploss & target.
Hi Guys Im bullish on SBIN, My target is 524.00 Reason for Buy 1. Trend line Breakout 2. Closed above Resistance level Thank you
The last time I saw a long possibility in this stock (linked), my stop losses triggered. Now I see a better long setup and I am buying shares again. Strong buy indicator - stochastic gave a bullish sign when the rising price was matched with %K (blue) moving from under 20 to over 80 in three candles. Price often reverses down after this and I look for a good...
Indusin Bank break above strong resistance zone & trading above it comfortably with decent set of volumes. Could b bought with mentioned sloss 7 tgts.