vikasbhekare

vikasbhekare

CONSOFINVT (Consolidated Finve) looks bullish on monthly, weekly and daily time frames. The price oscillated between 25 to 100 price range for over 15 years. It broke the resistance of 100 recently with fair volume and retested the level. Based on its retracement, it looks like 2nd wave retraced 0.65% and crawled up for the 3rd wave. As per Elliot wave analysis,...

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PNBGILTS just broke its resistance with high volume. It looks bullish on daily, weekly and monthly time frames. It would be a high-probability trade if it retests 75 levels and starts moving back up. One can quickly achieve a 1:2 risk-reward ratio. RSI: Above 60 on daily, weekly and monthly time frame Volume: Huge volume and increasing

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APLLTD (Alembic Pharmaceuticals) looks bullish on monthly and weekly time frames. It is taking support on 60 RSI levels on a daily time frame. The price oscillated in the 798 to 740 range after a break out at 720 levels on July 28th. The price broke the resistance in the last two sessions with significant volume. And it is trading at its support now. It looks like...

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RAMCOCEM is looking bullish on monthly, weekly and daily time frames. It has crossed 60 RSI levels monthly, weekly and daily. You can see volume has been increasing recently. It has been forming a cup and handle pattern. It has broken the neckline of C&H with significant volume. If it retraces 945 levels, it would be an excellent entry-level and can trade for over...

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SIMBHAOLIS is looking bullish on monthly, weekly and daily time frames. It has crossed 60 RSI levels monthly and weekly. You can see volume has been increasing recently. It has been forming a rounding bottom & cup & handle pattern. It has broken a trendline and retested it. It looks like its been consolidating between 27 to 32 zone. If it retraces 28-29 levels, it...

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Network18 is looking bullish on monthly, weekly and daily time frames. It has crossed 60 RSI levels monthly, weekly and daily. You can see volume has been increasing recently. It has been forming a rounding bottom. It has broken resistance at 77 with significant volume. If it retraces 78-77 levels, it would be an excellent entry-level and can trade for 1:4...

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BYKE is looking bullish on monthly, weekly and daily time frames. It has crossed 60 RSI levels daily, weekly and monthly. You can see volume has been increasing recently. It has been forming a rounding bottom. It has broken resistance at 46 with significant volume. If it retraces 49 levels, it would be an excellent entry-level and can trade for 1:4 risk-to-reward ratio.

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SEPC is looking bullish on monthly, weekly and daily time frames. It has crossed 60 RSI levels daily, weekly and monthly. You can see volume has been increasing recently. It has been forming a rounding bottom and cup and holder patterns. If it retaces 15 levels, it would be a good entry-level and can trade for 1:4 risk-to-reward ratio.

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RTNPOWER is looking bullish on weekly and monthly time frames. It has crossed 60 RSI levels on monthly and weekly time frames. You can see volume has been increasing recently. It has been forming a rounding bottom pattern. It is steaming off at 7 levels & getting ready for the next upside move. One can trade for 1:2 risk-to-reward ratio with the current scenario.

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VASCONEQ looking bullish. RSI is above 60 on a monthly, weekly & daily time frame. There is a significant volume that can be seen recently. It has been forming a rounding bottom or Cup pattern. Recently, it broke the resistance level with good volume. If it retests the level, that would be a good entry point.

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DBSTOCK looks bullish on the monthly time frame. It has been forming a Cup and handle pattern and is ready to break its neckline. RSI on the monthly time frame has already crossed 60 and is about to strike 60 on the weekly and daily time frame. Volume is increasing gradually. Even if it hits our 2nd target, we can achieve over 5 risk-to-reward ratio. One can hold...

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Tata Teleservices (TTML) looks bullish on a day chart for a swing trade. It has been rounding the bottom and is ready to skyrocket. If the trend continues, we may see 100, 115, and 130 levels shortly.

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HCC looks bullish on monthly, weekly and daily time frames as it is above 60. Also, it has formed a cup and handle pattern. The handle is much smaller than the Cup. But, there is a rounding bottom pattern, a sign of bullishness. The volume was high when there was upward price action and little when retracing.

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MGL has recently moved closer to its resistance level of 1125. Significant volume as the price approaching the level. It would be a high-probability trade if it breaks the resistance with volume and retraces back to its support level. We can enter the trade for 3.5 risk-to-reward ratio. Also, it goes unnoticeable that it has been forming a cup and handle pattern....

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AIRAN looks bullish on monthly, weekly and daily time frames. Recently, it has broken resistance zones 25.50 to 26 with high volume. If the price retraces back to its support zone, which was previously resistant and shows a bullish moment, that would be a good entry point. If price action shows bullish momentum, we can trade for a 1:5 risk-to-reward ratio. RSI :...

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IFCI looks bullish on daily, weekly and monthly timeframe. It is making rounding bottom which recently touched its resistance with humongous volume like we can see back in 2007. It has already broken the resistance levels with volume. If you see price goes up and retrace back to touch the support level, it would be a good entry point. It may also retrace back from...

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HUDCO is trading at its 52 week high at its resistance. It looks bullish as per price action and volume. If it breaks 90-85 zone and retest it, it would be a good entry point. We may a small down side move or side ways move for a little while. It can reach 150 levels if it goes in a way as described above. RSI : Above 60 on monthly, weekly & daily time...

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Bank of India is looking bullish on monthly, weekly and daily time frame. Chart Pattern : Cup and Handle RSI : 60 monthly, weekly & daily Volume : increasing Target : Depth of Cup Stop Loss : Previous Swing Low It can be trailed as prices move upward