BOMDYEING CMP 268 Long suggested above 275-277 levels. STOP 250 TARGET OPEN Logic: Daily Chart Volatility Contraction Pattern (VCP) Weekly Chart Cup with Cheat pattern
TECHM CMP 732 Long suggested ONLY above 753-755 levels. Stop 695 Target Open Logic: Daily chart W pattern with volumes rising in tune with price rise and dropping during retracements. Currently price consolidating with drop in volumes.
CMP 2412 Long suggested ONLY ABOVE 2470. STOP 2290 (Position sizing for a Rs 1 lac capital at 2% risk appetite: 11 stocks ) Target Open Logic: Weekly chart Cup and Handle formation observed in Weekly chart.
#SFL CMP 1686 Long suggested above 1715 Stop 1590 Target Open Logic Weekly chart Stock witnessed a 31% correction from 52 wk high with relatively low volumes after which stock has recovered with huge volumes. Stock also has broken out of a rectangular pattern with huge volumes post which has been consolidating with very tight contraction in price as well as...
CMP 330 Long suggested only above 343. Stop 300 Target Open. Logic : Volatility Contraction Pattern - 23/9 13W 2T
#SADHNANIQ BSE listed CMP 722 lONG SUGGESTED ABOVE 760 Stop 670 Target Open Logic Technicals Stock in a strong uptrend with all key MAs sloping upwards. VCP observed in daily charts. Fundamentals Strong exponential growth in eps in the last 4 quarters Qn-4 Qn-3 Qn-2 Qn-1 Sales ...
#RACLGEAR BSE listed Long suggested above 73. Stop 65 Target Open Logic : #VCP Volatility contraction pattern A TO B 43% C TO D 23% E TO F 13% Fundamentals Qn-4 Qn-3 Qn-2 Qn-1 Sales 13.1% 18.7% 77.0% 53.1% OP -0.7% -9.0% 13.7% 165.3% NP 53.7% 45.2% 68.0% 147.7% OPM 8.50% 8.80% 14.76% 13.36% NPM 3.23% 4.68% 10.71% 4.20% Positives - EPS has been on...
Cmp 355 Stop 337 Target Open Logic: Cup and Handle breakout (better visibility in daily chart) supported by volumes and accompanied with a strong underlying trend evident from MAs in both weekly and daily.
SEAMEC CMP 293 Long suggested only above 303 Stop 278 Logic : #VCP Contraction in price witnessed -13% first swing -10% second swing -7% third swing
VBL CMP 817 Stop 776 Target Open Daily Chart VCP breakout observed supported with good volumes.
KILITCH CMP 157 Spotted slightly late / Buying suggested on retracements 145-155 Stop 125 Target - Open Logic : Techncials: C&H sort of pattern observed with Volume replicating the price pattern; Breakout happened with huge volumes (@ 138). Fundamentals: Exponential growth in fundamental parameters for the past 4 quarters (YoY). Qn-4 Qn-3 ...
CMP 252 Long suggested at CMP (245 above) Stop 229 Target - Open Logic: Technicals : Stock has been steadily in uptrend as evident from MAs and RS / RSI Stock has made a series of correction to the extent of 25% / 22% and 17%, leading to contraction in pull backs. Stock has made a breakout post the pullback series with volume around 3x of pullback vols.(Note:...
YESBANK CMP 393 Target 460 plus (Trail 20 wk MA) Stop 365 Nice H&S sort of breakout
#WENDT CMP 3167 Long Suggested at 3300 Stop 2850 Target Open Logic #VCP 32W 45/18 3T Volume contraction observed on pull backs. Fundamentals: Uptrend in YoY quarterly EPS Qn-4 Qn-3 Qn-2 Qn-1 Sales -4.2% 0.2% ...
HUL CMP 1778 STOP 1675 Target 1930 Logic - Cup and Handle
#DHFL CMP 648 BUY ONLY IF CROSSES 680. STOP 610. TARGET OPEN. Logic: Cup + Handle Handle accompanied by contraction in volatility (Ref ATR5) and contraction in volume. EPS growth last 4 quarters reflecting uptrend Qn-4 Qn-3 Qn-2 Qn-1 Sales 20.8% 11.4% 18.0% 26.2% OP 17.6% 8.4% ...
USD/INR Monthly Chart CMP 70.32 A nice VCP pattern breakout observed. Previous VCP pattern breakout propelled USD by 40%; If history repeats, USD/INR likely to touch levels close to 98-100 in a similar time frame (around 2 years). THIS IS NOT A TRADING CALL AS POSITIONS CANNOT BE TAKEN FOR SUCH A LONG PERIOD OF TIME. VIEW NEGATED AT 60.
#MK #PERMAGN #BSE listed stock Permanent Magnets Limited CMP 101 Buy ONLY above 115. Stop 99 Target Open (Trail 10 weeks MA) #VCP 33W 48/11 5T in progress. Fundamentals Positives: YoY quarterly profit has shown a significant uptrend in the last 4 quarters. Margins have also been steadily increasing. Promoter holding 71.80% Negatives: Debt equity at...