ShamoilShabbir

ShamoilShabbir

As can be seen the price is in the support zone of the cloud, weaker than the broader market Nifty. However if you see the historic price move the stock has compounded wealth. As a result you may get attracted to add at this level. However it could be a trap for retail to get sucked in. Please wait and watch for next couple of week to see from where the price...

ShamoilShabbir

As can be seen the price has come out of the cloud on weekly basis. Concerns are flat future Cloud B line and weak than broader market of Nifty. Nonetheless can be added in on dips

ShamoilShabbir

As can be seen the price has been moving in a range for 2- 3 years, and now coming out and moving forward for Wave 3. Be careful as low volume stock and can give violent moves that can get anyone trapped. Best strategy is to add once price moves out of trading range.

ShamoilShabbir

As can be seen the price has had a close in line with nifty and historical price shows that not once the price has closed below the cloud. This is a very bullish scenario. This stock can be included in PF to create wealth.

ShamoilShabbir

As can be seen the current price action has been been very steep. One can wait for throwback to add for a positional call. All indicators are in favor for a long position.

ShamoilShabbir

As can be seen the price is trading above the cloud. the Awesome oscillator has also turned positive. However weaker than the Nifty currently. nonetheless can be added on the dips. Conservative investors can wait for couple of weeks to check how it moves from here.

ShamoilShabbir Updated 

As can be seen the price is making lower lows, weaker than broader market nifty. However the taken support of the Cloud. Exit from the cloud will determine the trend.

ShamoilShabbir Updated 

On weekly basis the price is taking support on 50 EMA and Ichimoku cloud. Also sometime back the price broke above the downward channel and now taking support above the channel. Thereby poised to reach heights. Also there is a positive divergence where the index #Nifty50 major top was formed on January 28, 2018, since then it has moved down and formed a...

ShamoilShabbir

As can be seen the price is in a strong trend upward not going below the kijun. the stock can be added for long term on major dips.

ShamoilShabbir

As can be seen the price after moving out of the cloud is coming back in to test the cloud support. Concerning is price is weaker than nifty right now. Price can test deeper in the cloud in the next move downwards. Future cloud B line is going flat and Cloud A line converging is also a concern. Close below the cloud will make the price test the 200 EMA on weekly TF.

ShamoilShabbir

As can be seen the major hurdle is going above the Kijun. Also weaker than Nifty currently and future cloud turning red. However in the support zone of the cloud. So it a wait and watch from here. close above hurdle is long and below the cloud is short.

ShamoilShabbir

As seen the price is moving in tandem with Nifty Currently trading above the cloud and narrow range. Also trading above 50 and 200 EMA.

ShamoilShabbir

As can be seen the price is trading below the ichimoku cloud and EMA 50. and is also weaker than Nifty

ShamoilShabbir

As can be seen the price action is stronger than Broader market Nifty. price is comfortably above 50 and 200 EMA. Cloud A and B are moving upwards as well.

ShamoilShabbir

As seen price is taking support in the cloud and near cloud B, and is playing below the EMA 50 as well. the price range i contracting range for past one and half month. Break above EMA 50 or break below cloud B is to be watched for long or short position respectively.

ShamoilShabbir

The week candle looks disastrous for long term investors. Tomorrow price action will confirm it. looks like stock is headed for support at 200 EMA at Rs 30 on weekly basis.

ShamoilShabbir

As can be seen the price is taking support in the cloud. Currently is in accumulate zone as seen from previous entries in the cloud zone and the way it has always been a support for the price. Look to enter after this week candle formation and next week price action to confirm whether to accumulate or look for exiting the issue once price closes decisively below...

ShamoilShabbir Updated 

This is a super strong chart when compared in NIFTY 50 since last peak. Price has taken support on Kumo cloud and bounce back up and continue the trend higher. The AD line has fantastically moved upward without major change in the price, this means price is ready for a BO upwards. The target is open and can reach great heights. Happy Trading /...