rks25195

rks25195

the scrip has reversed from the support, bullish engulfing candle is there to confirm. In short this scrip is bullish. First target 800, second 900. conviction is strong in this idea.

rks25195

it will need time to get charged back. The scrip may go down for a while and correct till 38500, after that it may go back northwards. Long term bullishness may stay intact.

rks25195

The monthly chart is showing VCP, a breakout can give the stock a new life, it may run fast above 1571.

rks25195 Updated 

Need to see it close above 626 with good volume on weekly basis. The counter looks like to start its run for good.

rks25195

Most underperforming stock finally brokeout, a close above 208 will give more conviction. The scrip can easily reach 275 in ST and MT target will be ATH.

rks25195

the stock is in search of finding its ATH, once close above 495, it may confirm the BO. We may see a huge surge once 495+ closing is achieved.

rks25195 Updated 

the scrip is still in formation of VCP and such a long consolidation may give huge upside once it breaks out. a close above 24 is required on weekly basis.

rks25195

the counter has given shock...today is 5th day consecutive lower circuits, though I feel this may be the end of LCs, stock is at its channel bottom, also it has touched fib level. The confluence tells that it may have reach a good support hence we may see a northwards movement from here. Any further fall ie below 152 may cancel the above analysis. Time 10:20 AM-...

rks25195

Small cap index is just at the bottom of its channel, this needs to be saved then only we can see it move further northwards. If it breaks 15600, which will confirm the channel BO on downside we may witness 15100 quickly (good probability that it may occur to clear the valuation froth)

rks25195

Valuation froth everywhere....a double top has formed for this index.....first drop can be expected till 767 and if it falls further, we may see 728. Be cautious Be aware!

rks25195

counter looked very strong in the weak market, gave a good BO with huge volumes, need to give another green candle to above 140 for mad bull run, T1 155 T2 265.

rks25195

Cup and handle BO above 480. a daily close above 480 is required which can bring the counter to 545.

rks25195

The retest looks complete, on the verge of triangle BO. If this sustains, the counter may give a good return from this point on.

rks25195

seems to complete the retest, now a closure above 2800 will fuel its journey.

rks25195

two consecutive close above IPO high, the counter can run in the uncharted area!

rks25195

A closure above 203 is needed to continue this journey, good upmove can be seen.

rks25195

A close above 956 will be a sign if Inverted HnS breakout, a more certain BO with less risk can be seen above 970. This may lead scip to 1130 in next few weeks.

rks25195

The long VCP seems to be reaching its destination, a weekly closure above 24 with good volumes will confirm the same, if this played out well, we will be able to see the beauty of VCP, can easily become a doubler from here.