sagarrmehta

sagarrmehta

As we can see in chart, Linde India has given #Breakout from the range. If you observe before price move before breakout, you can see a Wide range candles with volume expansion. This shows the bulls are in stock. Currently stock is consolidating above the Breakout zone with bullish price action which is another sign of strong stock. keeping exit below the...

sagarrmehta

As we can see in the chart, Inox india has formed the bullish structure called #Flag patter. In this we can see clear wide range candle with Volume expansion in previous up move and than after consolidation with low volume on the dowu side move. This makes me believe that it will move further.

sagarrmehta

As you can see in the chart, Nalco has given the #breakout at ATH after forming a #Flag on chart. Nalco was able to sustain when market was falling and instead of much deep price correction, it has consolidated between the range. Today after fight in the range, Nalco was able to coming out of range formed and give #Breakout on stock. Sustaining this breakout can...

sagarrmehta

Powergrid 1) #Flag 2) #Contraction (Mark Minervini patter) withing flag 3) Consolidation before #Breakout 4) Engulfing Breakout candle to all 5-6 candle

sagarrmehta

Tata Steel a stock which has not performed till time, will be part of next rally. Clean #Flag #Breakout with wide range candle was given on last Friday. Topping on Cake is It has given Breakout with WRC and volume expansion. Further to support my view, its close of the stock on the day of Breakout has closed at the top of candle which shows that the bears are...

sagarrmehta

Stock is ready to move further after the block buster move in IT Large cap. Stock is from the Mid Cap IT Sector already shown its strength to move earlier. After a rest/consolidation it shows the first sigh to move up last Friday.