Bhargav_1991

Bhargav_1991

The stock has given two time breakout with increasing in volume. Good stock to have in portfolio with proper SL.

Bhargav_1991

Stock as given an breakout from down trend, stock is been in down trend for a long period of time. And also while giving a breakout out we see increase in volume, RSI and MACD. And main thing is stock is trading above 200 SMA. All this point together gives one single is Buy. This is a good stock to have in portfolio.

Bhargav_1991

As per wave analysis the correction wave is over and there are possibility that a new 5 wave dominant wave will begin. As per Theory correction could not be more then the 4 wave bottom which is around 341.30. And we also see a doji Candle is there and next week there is follow-up buying. So keeping an SL around 340 on closing bases this can be a good stock to...

Bhargav_1991

In this stock we see that the RSI is moving upward and also there is central line crossover in MACD. Month by month we see increase in volume, stock recently closed above 23.35 which is strong resistance. Closes with good volume, so for long term view this stock may reach around 40. This is a best stock to have in a portfolio.

Bhargav_1991

Stock has given breakout, Cup and handdle pattern has been complete and there is an breakout through volume. There is also MACD crossover. Perfect stock for portfolio.

Bhargav_1991

Stock has recently given a breakout from parallel channel. After the breakout we see that volume is also increase. And Leading and lagging both indictors shows crossover. And if we see the past performance stock as created double bottom. As per the wave theory this is the beginning of wave 3. After seeing all the points, stock may reach around 130. A perfect...

Bhargav_1991

After an proper correction in stock, is ready for another upward rally. Stock has closed adove 200 SMA and its resistance which is around 505. As per the Fibonacci relationship method the upcoming targets can be equal to 1 or 1.68 times of first wave. Nice level to have a stock in portfolio.

Bhargav_1991

We can see at top there is an head and shoulders pattern, after that stock has corrected. But due to low volume stock able to hold it support. And now we see that Stock is closing above the neck line with an increase in volume. In short term we can able to see a good upward movement in this stock.

Bhargav_1991

In this stock we see Wave 1 and 2 are completed and third wave is begin. The entry level in this stock is when a price closes above the high of Wave 1. With this we can see that volume is also confirming the price movement with increasing in volume. So there are chances that stock resume its uptrend after a long consolidation. one of the best stock to have in portfolio.

Bhargav_1991

In this pattern we can see that there is an breakout, and stock closes above the resistance zone. The main point is that when stock is forming a handle, same curve occur on volume indicator. So this can be a true breakout, and stock may touch to its next resistance. Which could be around 210 and 240. Around 170 it will be a good level to have a stock in portfolio.

Bhargav_1991

There is an breakout with increase in volume. Maybe stock is getting ready for a new trend. At around 370-380 is a good level to have a stock in portfolio.

Bhargav_1991

This time in this stock we can clearly see there is an breakout in cup and handle pattern. But the most important thing is that, whenever stock increases volume also increases. And stock have break its upper resistance with good volume. So this is also a perfect breakout. And also a perfect stock have in a portfolio.

Bhargav_1991

In chart wave 1 and 2 are completed, and wave 3 initial stage begin. i have added fibonacci relationship method which is basis of Elliot wave theory. And also we see that there is double bottom patten at the bottom of wave 2. And there is a breakout at around 20. So as per fibonacci relationship guidelines we can estimate the length of third wave. which is...

Bhargav_1991

What is a true rounded bottom pattern? When a price and volume forms similar shape like bowl, then it is a true rounded bottom pattern. In this stock there are two breakout one on price and another on RSI. With this stock may reach to its next resistance which is 138.

Bhargav_1991

There is a breakout in saucers pattern or we can also say rounding bottom pattern. Breakout happened with high volume. And 50 SMA Crossed 200 SMA which also signal to buy the stock. As per study stock may reach to its next resistance which is around 79.

Bhargav_1991

A saucers pattern, When a stock is trading sideways usually this pattern occurs. and it takes long time to form. In this sock from 2018 to 2022. And now we are observing that stock is trying to move above its final resistance. And Volume is also confirming the price movement. And other indicator are confirming too. According to me this is the perfect level to...

Bhargav_1991

There is an inverted head and shoulder pattern, which indicate that stock has created a bottom. And getting ready for a new trend. When this type of pattern forms in the bottom its a strong indication of stock reversal.