Jrkautilya9

Jrkautilya9

Mah CIE - 319 has made double bottom pattern. has broken major resistance and now moving above it. moving above 200 DMA. RSI well placed above 60 no reversal sign for now. MACD in bullish territory suggesting a buy call. Fibo levels targets : 347, 460 in medium to long term. hold the stock has capability of giving fantastic return, if we get dips itll be the...

Jrkautilya9

Jaicorp at 207. fantastic stock as per charts nearing its 4 year high fibonacci levels as per daily charts target 1 was 195 achieved, 257, 320 . has made big rounding bottom on weekly charts from 220 (app.) 42 on the downside. if we calculate that 400 shall be approximate targets for medium to long term. a good stock to be in portfolio. Disclaimer: views are...

Jrkautilya9

Gravita has been my top pick since pandamic. It has always performed the way a stock should in bull market buy on dips as a strategy. Range Bound - 300 to 340 has been its range. Supply range - 340 -345 being a range where it is getting resistance from. 200 DMA - stock is trading above 200 Day moving average which is a healthy sign. Morning star -...

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From past few months there is tragic and sharp fall in the stocks, but few stocks are able to sustain this market and one of them is Marico. If we observe the chart pattern the stock has been in range so far. The short term duration, in daily as well as 2 hrs chart has range bound making 'Rectangle pattern', but on this account forming 'Rounding Bottom pattern'...

Jrkautilya9

As we are noticing talks about inflation, rise in dollar etsc. if we see Dow jones charts observations be like: from past many maonths is making a Lower highs lower lows BUT now the pattern's changing. Positives 1. 200 MA support : On the weekly charts, it has got support around 29400 levels of 200 MA. 2. RSI divergence : the biggest reflection we are seeing, we...

Jrkautilya9

Breakout of fantastic Cup & Handle pattern on weekly chart. observe the movement of RSI, above 65. Volume growing above average. Stock shall be bought as chart beautiful. If market consolidate stock shall be bought, fibo levels suggesting a big move towards 70, 90 in coming weeks or months. Disclaimer: views are personal, please take your advisors advise before...

Jrkautilya9

Many investors and traders are worried about the IBHF , few technicalities at this point from me: 1. Rounding Botton - only bullish pattern observed at this time. 2. Consolidation - stock is consolidating in a range of 130 - 140 from past few days. 3. Resistance @ 140.5 - 142 - few months back their was a big bearish candle formed at those levels, at 140 levels...

Jrkautilya9

Inverted Head and Shoulder pattern - breakout came above 255 levels. Supply zone 265 -has given breakout above one of the major the supply zone and sustaining it. if it remain above 265 levels for the day or 2 Hold. Resistance @269 - 270 : new buy position shall be made once it hold 270 levels for a day. Upside of 20 - 25% possible in near term if everything...

Jrkautilya9

Gave my view on Hindalco last month as it moved above 363-365 levels had a big breakout. For now making fantastic rounding bottom, maybe it will consolidate for some time trend. has got ex - dividend yesterday. their is resistance near 430 - 450, if move above those levels and hold them, buy with conviction for 500 and 560. Trend : NEUTRAL to positive, take...

Jrkautilya9

TCS trading at 3422 near important resistance, making inverted head and Shoulder the biggest part is has formed Hammer candlestick pattern at the end of of H&S. at last trading session again forming hammer crossing above 100 DMA, need to cross this 3430 - 3440 levels and sustain above it will definitely will have a big breakout for 3570 and 3700. Wait and only...

Jrkautilya9

The stock has performed as per previous given analysis and now if we see, has good support near 230-35. Cup - handle formation - if we see on daily charts Mazdock is making cup with handle chart pattern, which is a bullish pattern. We may take position above 265 for long 280, 305 targets and stop loss near 249 which is one of the support. Price Channel, Doji,...

Jrkautilya9 Updated 

Mazdock moving in downward channel for now and is at upper end of the channel, it has good support of 20 DMA. As the good fundamental news broke the channel levels but it was not able to sustain the gains. Volumes is not participating in the price action, though RSI looks okay for now. Can look if channel line is broken with good volumes, above 261 a good buying...

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as the most of the stocks are and this one as well in the downtrend. on the weekly basis ONGC made big rounding bottom now it is breaking that break out level previous week it tested those levels and went up. and this time it is down with volume at the high side. if it doesnt move above 152 this coming week, it may move towards 131 as per fibo...

Jrkautilya9

Hindalco on Daily as well as 2 hrs charts moving and making a channel pattern, at every end of the channel is making strong green candles and continuous bullish candlestic patterns such as hammer and morning star. but as the trend is concerned their is a big resistance on the upside which may force it down and change the pattern to bearish flag. therefore wait...

Jrkautilya9

ICICI bank sqeezing in a range with higher low as a formation on daily as well as weekly charts. support around 660 - 675. If it break those levels big year suport will be broken and it may move towards, 580 - 600 in coming weeks/ months, whereas it need and and to break 750 at the upside for a bullish view which will take stock towards 820 - 850. For now we can...

Jrkautilya9

technical pattern suggests it may move towards 220,240. technicals - Making morning star pattern. - fantastic rounding bottom pattern can be seen. - RSI in positive divergence. - stock well above middle bollinger band and sustaining above it is giving a bright coal future. Disclaimer : Views are personal, please initiaite buy/sell with the help of your advisor only.

Jrkautilya9

stock is looking fantastic on the charts, strong bullish trend can be observed even though market isn't supportive, making inverted head and shoulder pattern with fibo pattern targeting it to move towards 121, 140 in coming days / months. Stock may come down till 104 where it has taken support couple of times. Average Volumes has gained up tremendously making it a...

Jrkautilya9

ashok leyland making an inverted head and shoulder pattern on the weekly basis. We may see breakout above 140 levels, can move towards 160 - 190 levels, watchout for it. Disclaimer : this is my personal view please contact your analyst before taking position.