Gave a try today of Opening Range Breakout, Wide Range Candle Breakout and Volatility Contraction Break Out. All successful.
Cadila Healthcare - Forming Saucer Like Bottom. Rounding Bottom. Just an observation.
Nifty - Is this a Valid Cup N Handle.....! I am not sure. Just Asking.!
Naukri - Looking to B/o the Triangle..! Let Us see...! Keep an eye.! Can enter now with smaller risk and wait for Break out OR Wait for B/o and then enter.
PFC Weekly looks promising to rise. Likely Resistance Tartget mentioned on chart. The weekly is looking like a Morning Star. A Bullish weekly candle above 86 for the coming week will confirm.
BajajFinServ - Flies out of the Rectangle Breaking 5K decisively... ! From the dead it bounced...!. The Dragon Fly Doji on Weekly was some indication. Now wait for a pull back to 5100 to buy on Dips. 5920 would be the next resistance.
Cadila Health Care did a good Flag n Pole Break Out. Now hope to see a good upward move. Let us See.
IRCTC - Strictly following the Social Ditstancing norms
It takes typically 2 years average to come back to ATH . In between numerous opportunity to buy. Stay in Cash is the best suggestion. The problem we are facing is not going away quickly even if the vaccine is found tomorrow itself. The scar will take time to heal. Buy NIFTY Index or N100 Index.
It takes typically 2 years average to come back to ATH. In between numerous opportunity to buy. Stay in Cash is the best suggestion. The problem we are facing is not going away quickly even if the vaccine is found tomorrow itself. The scar will take time to heal. Buy NIFTY Index or N100 Index.
Interesting that Reliance did give Candlestick signals at critical juncture over the last 3-4 months. Currently a Bullish Harami type set-up. A Follow on Candle needed. Let us see.
NIACL... Looks like a long asending triangle in the making. The yellow zone is the strong support zone for accumulation. Holding 145 is crucial. Has some fundamental reasons for buying too... !. Let us see how this plays out. Disc: Invested from 142...!
Refer earlier view on Kotak - Boxing in the Range. Kotak has now moved ahead of the old darvas box and is now creating a new one. Let it form. The old box high is now the stop.
Bank of Baroda at a crucial level to take off to 115-120.. closing above 107 is must..
The stock is moving in strong uptrend. Breaking each intermediate resistance which were the intermediate bottom it created while coming down. All Ichimoku components in sync, including that of Weekly. Strength in directional index is below 25 though. So on every dip to 15 EMA is worth adding or near to Kijun support. Also note how the stock has hardly moved...
Kotak - How beautifully it is trading in the Box. Waiting eagerly to break 1630 first and then 1660 to form a new box. Even if not keep trading the range in the box.
~Bajaj Finserv- Getting ready for a bigger flight. On cusp of CupnHandle, break out with volumes on intermediate consolidation,a retest on pullback will be confirmation. Keep a close tab on pullback to enter.
Yes Bank - After a good triangular break out, also forms a Pole and Flag on Hourly... Will it break or consolidate for some more time... With the momentum looks a break out more of a possibility... Let us see..