thepranam

thepranam Updated 

Successfully retested support @ 872 Ready to go all the way till 1100 in the coming weeks

thepranam Updated 

Stock seems to be following the Trendline settings since 1 year. Currently at Buy level again as per trendline. Lets see how well this plays. Expect at least 25% upside if the Trend still continues.

thepranam Updated 

Q4 CONS NET PROFIT 1.2B RUPEES VS 410M (YOY). Q4 EBITDA 1.72B RUPEES VS 752M (YOY) || Q4 EBITDA MARGIN 27.89% VS 14.17% (YOY). In addition, MACD Cross is also playing out. Once MACD Cross is completed, expect 20% up from here.

thepranam Updated 

Price Action making Lower Low. MACD Cross making Higher Low. Good chances of momentum picking up from here.

thepranam Updated 

Higher High and Higher Low Formation. Fundamentals looks good with recent expansion into region. Coming weeks target 400. RUSHIL DECOR: CO STRENGTHENS GLOBAL FOOTPRINT WITH EXPANSION INTO SOUTH AMERICAN MARKET CO’S STRATEGIC EXPANSION IS PART OF ITS BROADER VISION TO ACHIEVE ANNUAL REVENUES OF RUPEES 2500 CRORES BY 2029 CO MCAP: 800CR RUPEES

thepranam Updated 

Looking good for next leg up Successful retest of swing low Looks good till 550 and above

thepranam Updated 

MACD and Price Action have formed Convergence Divergence in the last year. A new MACD Cross is in play currently and even Price is at a good entry zone. Price has started showing upward movement after the previous Convergence Divergence. Once the MACD cross is successful, expect the stock to go to the next leg upward.

thepranam Updated 

MACD is going to cross pretty soon in the coming days. Once Cross is done, should open new entry levels for next leg up. Good chance the stock can easily retouch its Swing High. Try to take entries only after MACD Cross completes successfully. Stock's fundamentals looks promising too.

thepranam Updated 

While Price Action has changed course with the previous MACD Cross. Let's hope the new MACD cross can also take the price to the next leg up. Price is also currently its Support/Resistance zone. Let's see how things playout. Another point to note: Recent Q4 earnings have reported decent profits too.

thepranam Updated 

Stock seems to have completed its Lower Low Price Action and MACD looks to form Higher Lows. Good Election Results has also helped the stock to start picking up momentum now. It could start seeing the Price Action change directions to Higher High and Higher Low Patterns. There seems to a Convergence Divergence in play as well. The newly elected CM will have his...

thepranam Updated 

Previous Gap Filled Successfully. Lower Low and Lower High Pattern completed and new Highs forming. Stock has retested its all time low successfully and currently near 52W High levels. MACD also going upward continuously. As long as weekly close is maintained above 470 levels, expect to see some movement in the upward direction in the coming weeks.

thepranam Updated 

Price Action currently near Support/Demand Area. Successful close above 163 can take the stock to greater heights. Keep close watch. Monthly MACD cross in action too. March Quarter Profit Looks good too.

thepranam Updated 

Stock has been under consolidation since 6 months. MACD Cross seems to be in play. But has tried crossing since 3 months now. Lets wait for the MACD Cross to happen successfully and the consolidation could complete around same time. Stock has been having multiple good Earnings. This should definitely take it to new highs. Keep a close eye.

thepranam Updated 

Swing retest @ Support level - 190. Stock is trading above 200 EMA levels. Weekly close above 190 will set the stock to next leg up. Currently looking good at least until next S/R level if Weekly closing maintains above 190.

thepranam Updated 

Price Moving Downward, while MACD gaining momentum upward. Good chances of going up in the coming weeks.

thepranam Updated 

Price Action seems to be forming Higher High and Higher Low Pattern. Has broken the previous Lower Low Pattern with a big green candle . 434 is the major Support/Resistance Zone. Currently price seems to be successfully breaking the 434 price. Weekly close above this levels can take the stock to the next leg up.

thepranam Updated 

2807 Support level seems to be playing well since 3 years now. MACD also making cross exactly at current support zone. Stock currently looks good at this point. Weekly closes above 2807 level should look for a move upward.

thepranam Updated 

Price Action downward, however MACD taking trajectory upward. As long as 225 levels are maintained, stock can seeing upward momentum. Stock has also crossed 200 EMA. Note: 225 is the key support level to start going upward. Any break or weekly close below this level will invalidate the above setup.