drupadk

drupadk

Gujarat Sidhee Cement LTD bettered its August 2014 high of 44.5 in early Jan 2021 by giving a 45+ close. Since then, the stock slipped back below the long term weekly resistance level of 39 (shown in the chart as a horizontal blue line) and stayed below 39 for many months. The stock finally broke above 39 this week and managed to close at a multi week high of...

drupadk

The NCC stock had previously peaked at around 100 levels in early February 2021. Since then, the stock was in a clear sideways/downward trend and had taken support multiple times at the 200 week SMA (currently near 74.5). This week, NCC broke out of its range and closed at 88 levels. It also closed above the 2 recent resistance trendlines as shown in the chart...

drupadk

The Jamna Auto stock broke out from a 4 month long sideways consolidation with big volumes and closed at a 2+ year weekly high. The up move should continue in the short to medium term as long as the weekly closing is above 72 (shown on the chart as the blue resistance trendline) Resistances: The 85-95 region will act as a broad resistance area for this stock...

drupadk

Big Volume breakout in meghmani organics. The stock broke above its 9 month old rising trendline (blue) which it had violated in january. the stock also breached the resistance trendline (red) which was holding back the stock for a long time. This move was accompanied by massive volumes and points to a classic price and volume breakout in the stock. Going...