


UPL is breaking out of ascending triangle setup. Looks good. Notes are provided in chart.
Kajaria Ceramics is breaking out of rectangle box with good volume last 2 days. 0.5 Fibo around 425. Target will be less than .618 levels. So good for a 25 Rs move.
Beautiful pattern. Life time high. No comments (:-
Asian Paints breaking out at 1780 levels from box. Resistance is around 1840 levels. It usually has long bars. Difficult to trade. So as usual traders can become investors. if it goes in wrong way. But it is a very good stock. So being an investor is also very good.
$LULU Flag and rectangle breakout. I will place a buy above rectangle box around 326 for a 25 $ move minimum being height of box. If results are good during this move then flag target possible. Another 50 to 25 $ on the whole a good setup. Also check out ABT. similar looking chart setup.
BEML A Simple Rectangle breakout. After long consolidation. Height is Rs140 0.618 for the fall is at 760. So buy above box 680 with first target as 750 and second target as 800 - 810. Good breakout with volume today.
Waiting for a breakout. For a few $$ more!! Stock above 50 and 200 EMA. So Good. But be patient to cross the high..
Nice move in rectangle boxes. Also nearing cup target of 180$. But i did not participate. Missed the notes.
What can i say? Cup in place. probably. 50 taking over 200. EMA. Surely. Break out above 163. happening. Green bar. Done. Handle volume down. Happened. What am I missing?
Pattern breakout. But i would like the box to cross. Yet a buy could be initiated around 72 as this is a slow beta stock. Going sideways last few days. Not much to write as it is considered a boring stock. and not a traders stock.
$FND Still taking support on the horizontal line. I will like to cross 62.7 levels (Feb High) If that happens with volume nad green bar breakout then possibly we are in a rider for 15 to 20 $. 50day EMA is above the end of handle. so as of now that that can be kept as a stop loss if and when a buy comes. Earnings is in August so possibly could breakout before...
Muthoot breaking out of falling wedge. Break out around 1186 levels. So it will be a buy aroung that level for 200 Rs target say 1350 to 1375 height is 368 I have subtracted from base to breakout. so that gives around 200 Rs Tomorrow (Monday) if available around 1186 to 1200 will be interesting. Stop loss at bottom triangle close and open levels.
I had drawn a channel after horizontal breakout. The stock is trading with in channel. Now took a support also at 20 day EMA First buy 203-204 is good buy. If the stock falls during earnings i expect 50 day around 195 to 197 give a good support. Since earnings is near i will enter 50% now and 50% for a pull back. If blowout earnings i will revisit a buy at...
Looks interesting. Pattern yet to breakout. Above horizontal line should give approx 100 Rs. Another trade is breakout above trend line can be a buy with target 580 being 200 EMA. SL bottom horizontal line close open below.
$BRKS I would have been more convinced if the Pearsons value in Regression channel was >0.899 Also there is one bar above Regression channel and one bar below regression channel. 47.7 to 47.95 is a resistance area. Pearsons is not very important so as to not to take the trade as it is near 0.9 levels only. But still worth a buy as fundamental is strong. So i...
$ABT looks for a breakout as explained in chart. Patience required.
Team breaking out of box and 185 levels. I will enter above 189 keeping 180 as SL for a target 210-214 levels It has taken support at 50EMA. Being within channel it could also be held until channel low is broken. But i am not much fan for holding a long time.