| HDFC BANK | Monthly time frame Stock has been riding the white upward parallel channel since 2008 Stock riding above 20-, 50- & 200- month moving averages RSI = 60, indicating bullish momentum MACD crossover completed and is above the 0 line, indicating bullish momentum Highest volumes in Aug, followed up buying in Sep and Oct Weekly time frame Stock has...
LAURUS LABS Monthly time frame Breakout from 4-year consolidation Stock riding above 20- & 50- month moving averages RSI > 50, signalling bullish momentum MACD crossover done and is above the 0 line, signalling bullish momentum Weekly time frame Stock has broken out of the orange trend line resistance after retest Stock has broken out of descending triangle...
BERGER PAINTS Monthly time frame Stock consolidating between 450 – 730 for the last 5 years Stock has retested the support zone of the white parallel channel and looks good to touch the resistance of this channel Stock riding above 20-, 50- & 200-month moving averages RSI = 55, indicating build-up of bullish momentum MACD crossover expected and is above the 0...
ASIAN PAINTS Monthly time frame Stock in consolidation since Dec 2020 Stock riding above 20-, 50- & 200-month moving averages Stock touched 50 MMA in May 2024, almost 15 years after previous occurrence Stock has closed above 20- month moving average after 2.5 years RSI > 50 MACD crossover about to occur, signalling bullish momentum Weekly time frame Stock in the...
SRF Monthly time frame Stock has been moving along the upward white dotted parallel channel since 2014 Stock riding above 20-, 50- & 200-month moving averages Stock is consolidating along 20-month moving average for 2 years RSI > 55, indicating build-up of bullish momentum MACD crossover approaching and is above the 0 line, indicating bullish momentum Weekly...
GALAXY SURFACTANTS Monthly time frame Stock seems to have broken the descending triangle pattern, with retest also done Stock riding above 20- & 50- month moving averages RSI = 60, indicating bullish momentum MACD crossover completed and is above the 0 line, indicating bullish momentum Weekly time frame Breakout and retest from the descending triangle pattern...
BLUE DART EXPRESS Monthly time frame Breakout from 9-year white resistance trend line Breakout from perfect cup & handle pattern Stock riding above 20-, 50- & 200-month moving averages RSI > 60, indicating bullish momentum MACD crossover done and is above the 0 line, indicating bullish momentum Volumes have been good since Apr 2020, implies heavy buying Weekly...
BIOCON Monthly time frame Breakout from 7-year consolidation Stock riding above 20-, 50- & 200-month moving averages RSI > 60, signaling bullish momentum MACD crossover done and is above the 0 line, signaling bullish momentum Weekly time frame Stock has broken out of the orange trend line resistance after retest Stock riding above 20-, 50- & 200-month moving...
QUESS CORP LIMITED Monthly time frame Stock in uptrend since March 2023 Stock has broken out of the 6-year resistance trend line Stock is following a rounded bottom pattern Stock riding above 20- & 50-month moving averages 20MMA about to cross 50MMA RSI > 60 MACD bullish crossover in place Weekly time frame Breakout and retest of the trend line resistance...
INDIAN ENERGY EXCHANGE Monthly time frame Stock in uptrend since June 2023 Stock has broken out of the blue channel consolidation after 2 years Stock is following a rounded bottom pattern Stock riding above 20- & 50-month moving averages RSI > 60 MACD crossover has happened, signalling beginning of bullish momentum Weekly time frame Breakout and retest of the...
SUNTECK REALTY Monthly Timeframe Broken a 6-year resistance zone which was around 535 levels. Stock riding above 20, 50 and 200 month moving averages RSI > 60 Weekly Timeframe Breakout clearly confirmed and retest also done with stock bouncing from 535 levels Stock riding above 20, 50 and 200 week moving averages RSI > 60 Good Volumes in June and July...
| PFIZER | Monthly time frame Stock has been moving along the upward blue dotted parallel channel since listing in 1994 Stock has bounced from a recent “higher low” made in Mar 2023 Stock riding above 20-, 50- & 200-month moving averages RSI > 70, indicating solid bullish momentum MACD crossover extended and is above the 0 line, indicating bullish...
NIFTY | 30-AUG-2024 | Weekly time frame NIFTY heading towards the upper part of the white parallel channel (resistance) NIFTY riding above 20-, 50- & 200-week moving averages RSI = 70, indicating strong bullish momentum MACD well above the 0 line & in green zone, indicating bullish momentum Daily time frame NIFTY crossed the previous all-time high intraday &...
NIFTY | 29-AUG-2024 | Weekly time frame NIFTY has been consistently riding along the upward white parallel channel NIFTY riding above 20-, 50- & 200-week moving averages RSI > 70, indicating strong bullish momentum MACD well above the 0 line & in green zone, indicating bullish momentum Daily time frame NIFTY crossed the previous all-time high intraday but could...
NIFTY | 28-AUG-2024 Weekly time frame NIFTY has been consistently riding along the upward white parallel channel NIFTY riding above 20-, 50- & 200-week moving averages RSI > 70, indicating strong bullish momentum MACD well above the 0 line & in green zone, indicating bullish momentum Daily time frame NIFTY almost touched the previous all-time high NIFTY riding...
NIFTY | 27-AUG-2024 Weekly time frame NIFTY has been consistently riding along the upward white parallel channel NIFTY riding above 20-, 50- & 200-week moving averages RSI > 70, indicating strong bullish momentum MACD above the 0 line & in green zone, indicating bullish momentum Daily time frame NIFTY on the up move after a recent “higher low” formation NIFTY...
NIFTY | 26-AUG-2024 Monthly time frame NIFTY has been consistently riding along the upward magenta parallel channel NIFTY riding above 20-, 50- & 200-month moving averages RSI = 80, indicating ultra bullish momentum MACD is above the 0 line and in green zone, indicating bullish momentum Volumes have been consistent month on month 2 months’ worth of SIPs in FY...
SUNTECK REALTY Monthly Timeframe Broken a 6-year resistance zone which was around 535 levels. Stock riding above 20, 50 and 200 month moving averages RSI > 60 Weekly Timeframe Breakout clearly confirmed and retest also done with stock bouncing from 535 levels Stock riding above 20, 50 and 200 week moving averages RSI > 60 Good Volumes in June and July...