RavRutvik

RavRutvik

Find possible reversal points / bottom through AVWAP.

RavRutvik

The market horizontal line is the open low candle, this type of candle provides great resistance, that level is also the neck line to past head and shoulder pattern. So next week price needs to sustain above this level, which will provide a great upside for this stock.

RavRutvik

Respecting trendline, Volume today is greater than past few days, Breaking the previous days high. Good one to look into.

RavRutvik

Extremely clean setup, Breaking the rectangular pattern. Atul Auto went highly bullish , 55% up after braking the consolidation range. This one I hold in my portfolio. Only regret I have is why didnt I add more. Gap is perfect, Weekly resistance level broke with good volume , Breakout came with good volume . Sustaining the breakout with volume , Broke 200 DMA...

RavRutvik

As the charts show, - Weekly head and shoulder pattern failure. - A major downtrend got reversed from a gap which happened on Monday(a very important thing to look out). - 45% up after taking the support of the gap. - Very strong daily close today. - Start the accumulation now for great upside from 65 and up levels.

RavRutvik

As marked in the chart, datapattns is trading in a rectangular range. Break on either side will decide the trend. Some more consolidation will be a healthy signal for more upmove.

RavRutvik

Confipet will blast once above gives a good closing above 85. The uptrend retraced upto 0.5 fib level which rejected the price and couldnt even close anywhere near to it, and resulting in formation if the Hammer Candle stick there. Past 2 months have decently large volume suggesting accumulation. Just one thing missing is now a definitive closing above 85.

RavRutvik

Once this script gets a definitive closing above 110, supported with volume, i presume this will head for 145+ levels. Now trading above 200 day moving average. That too with volume. The weekly chart is also very clean suggesting great upmove.

RavRutvik

Few things to look out, 1. Weekly Doji Candle. Next week closing will decide the momentum for this stock. I am inclined towards positive momentum. One weekly closing above 107.65 will ensure new uptrend. 2. Daily chart is also given. Fibonacci Retracement went just above 0.5 level. This indicates healthy retracement. 3. Major uptrend started from the gap which...

RavRutvik

Bajajcon closing above 200 day moving average. Trading in extremely right range, in a narrow range for 90 days. A definitive closing above 175 can begin new up rally. Just basic TA. Nothing more. Lets see how this one holds.

RavRutvik

A very good stock, neat setup, heading in uptrend in a perfect parallel channel. Trading in the upper part of that channel. And may soon break the upper boundary. Very good to buy in every dip.

RavRutvik

Redington is presume will break its 52w high of 179.20. The recent upmove retraced to 0.5 level of fibonacci. And it will break now the recent swing high, Can enter from this level.

RavRutvik

Sanghvi Movers is on the crucial level. If the horizontal trendline breaks with volume, it will give good upmove.

RavRutvik

Here is the weekly chart of dakmia bharat sugar. The neat setup, was in great up trend, retracement perfectly to 0.5 level. Never gave close below 0.5 level of Fibonacci retracements. Weekly candle on this day is bullish, will break the horizontal trendline I presume.

RavRutvik

Castrol India, a good news driven moment started. Entering into EV space. Breaking the horizontal boundary. Look for entry into it. I have few quantities from the beginning of rally and will be adding more after this level sustains.

RavRutvik

Tata Steel near important SnR zone, a solid downmove rejection at 0.618 and 0.5 level of fib retracement. CNX Metal is at a crucial level. If the whole sector rallies from here, Tata Steel is the one I wouldnt miss. I have a already a decent quantity and will add more if CNX Metals rallies.

RavRutvik

Clear downtrend ended at the runaway gap, that too a monday gap which plays the important role as you can see here and can also lookout in many of other stocks. recent down move ended at 0.618 fib level. A definitive upmove above swing high. Can enter in few quantities once above the orange horizontal line, and rest of the quantities above blue horizontal line.

RavRutvik

This stock is in uptrend but thing to lookout here is it is also forming a rising wedge structure. But also attempting to break al time high. Need a definitive closing above the horizontal boundary. Seems bit of a risk due to rising wedge structure but I am hoping that pattern will fail and we can see new all time high here.