shivalingesh

shivalingesh

Although the news about SupremeCourt rejecting plea of Vodafone & Indus Towers on AGR hits the market sentiments, which apparently takes the equation of getting back the dues from Vodafone to Indus further far. Technically looking -- the chart on weekly timeframe shows its a clear retest of Triangle Pattern breakout. The fundamentals of the Company are still...

shivalingesh

Being Market Leader in B2B digital market space, Indiamart is under triangle for a while. It is now starting to get ahead of the consolidation. Even with consistent financial qtrs the market haven't rewarded the share price. The chart is showing positive sentiments. Zone appears to be good for accumulation. and its been accumulated by DIIs MFs. Data shows...

shivalingesh

Market leader in the airport lounge aggregation industry in India. Just stabilising the business because of recent shift from the CrediCard model change by many CC providers. Budget being focused on Travel Industry, Airports can bring attractive share of tourists and revenue and the DreamFolks Services Ltd is India's largest airport service aggregator. But it...

shivalingesh Updated 

I am looking it at the Monthly level - you can see the price inside the Big Triangle. Currently price is completing the second leg of the Triangle zig-zag. If my assumption is right, there is still room for 30-35% downside, until it hits the lower wall of the Triangle. Venky's being one of the largest company in India engaged in poultry, breeding and chicken...

shivalingesh

Here is the world's largest manufacturer of Camphor. Mangalam Organics! And the Camphor price is moving Up; check out - WPI at DPIIT. The financials are looking stable. For at the Sector rotation N Chemicals Play, this seems attractive. But being the MicroCap may pose quick corrections and sudden pullbacks here and there. Chart appears to be nascent. Recent...

shivalingesh

Price has been waiting for the support form the Financials. Attempting to breakout. This time also it missed. Have to wait for the next quarter or any Good update form the management! Urge to be Out ;-)

shivalingesh

There are many things going other-way with management. Promoters selling DII - FIIs off-loading --> free float shares After consistent financial performance earlier to 2 negative qtrs now. On Fundamental side - its developing matter. However looking at the technicals, I can see 2 possible cases Price probably should take the support at "Porus...

shivalingesh

It will be interesting to see how price will behave after crossing the R1 pivot point at . As of now there is accumulation going on. Once the accumulators gets enough off; price movement can be smooth. #Chemical_Play

shivalingesh Updated 

It was just a Flag breakout, until I drew the curved-trendline; now i can't unsee it!

shivalingesh

I can't interpret fundamentally what's going on with Nykaa. But the technicals are signaling the strong turn-around story. Also the trend of DIIs or MFs increasing the stake in NSE:NYKAA and the price is still under consolidation boosts the confidence of ENTRY. From Dec 2022 to Till date DIIs are constantly buying the NYKAA around the current price range....

shivalingesh

Price is contained around 2000-2500 range for more than 3 years now. It could have broken out earlier but the financials are not favourable for that to happen. Despite the negative quarters for SRF price is still holding its range — this hints that: market is waiting for positive news and any little positive can bring rush in price movement! Since Management...

shivalingesh

This is about to make breakout of its multi-year w-pattern / volatility contraction. Pharma being at the good position, makes it more attractive. With recent financial exceeding estimates indicate that the company is inline with what chart is projecting. What do you think? Will its price sustain above 1000-1100 level?

shivalingesh Updated 

Observations: I can see the LIC Housing Finance has broke out of its yearly resistance. Zooming out, Surprised to witness that, the stock is nearly at the same structure (technically) where it was in 2014. As if it is retracing. In 2014 after its breakout hits the 500 round figure and corrected. Now I can presume the 1000 round figure would do the same. If...

shivalingesh

Is it gonna break multi-year range? With recent Q3 results I can assume that the price action got the support of Fundamentals as you can see the price just attempted to break its barrier though it is unsuccessful; looking at the similar pattern before -- the current structure almost resembles the pattern the stock is following. like historic pattern,...

shivalingesh

Observations: Over the Monthly timeframe it just made breakout of TRIANGLE pattern, along with crossing 200-ema, R1-Fibpivot. It seems to be in sync with Media index. Which is also just at its R1-Fibpivot. Both index & stock are looking bullish.

shivalingesh

Orient Cement just came out of its lifetime rectangle box., with the good supporting volume. 200-240 could be its breakout test.