Pages

Wednesday, January 01, 2020


PVR: The stock has broken out of a horizontal accumulation base and is currently taking support at the upper boundary of the same. If yesterday's high at 1910.25 breaks to the upside, we could see some upward follow-through in the stock. 

Disclaimer: Not a recommendation to buy/ sell/ hold. Shared for educational purposes only. 

Monday, December 30, 2019

BERGEPAINT: The stock is retesting the upper boundary of an ascending triangle pattern. If yesterday's high at 517.00 breaks to the upside, we could see some upward follow-through in the stock.

Disclaimer: Not a recommendation to buy/sell/hold. Shared for educational purposes only.


Friday, December 27, 2019


BHARATFORG: The stock is taking support at a crucial horizontal support base that has acted as a resistance many times in the past. If yesterday's high at 493.95 breaks to the upside, we could witness some upward follow-through in the stock.

Disclaimer: Not a recommendation to buy/sell/hold. Shared for educational purposes only.

Thursday, December 26, 2019


NATIONALUM: The stock is taking support at the lower boundary of the Symmetrical Triangle pattern. If yesterday's high breaks at 43.15, we could see some upward follow-through in the stock.

Disclaimer: Not a recommendation to buy/sell/hold. Shared for educational purposes only.

Monday, December 23, 2019


ULTRACEMCO: The stock is retesting the lower boundary of a Symmetrical Triangle pattern. It could see some downward follow-through over the coming few sessions.

Disclaimer: Not a recommendation to buy/ sell/ hold. Shared for educational purposes only. 

Sunday, December 22, 2019


CHOLAFIN: The stock is taking support at the lower boundary of an uptrending channel which also coincides with a horizontal resistance turned support base. The stock is expected to head higher over the coming week.

Disclaimer: Not a recommendation to buy/ sell/ hold. Shared for educational purposes only. 

Friday, December 20, 2019


ASHOKLEY: The stock is taking support at the lower boundary of an uptrending channel. Notably, the stock belongs to the AUTO space which is currently outperforming the Nifty 50 benchmark. Probabilities favor an upside in the stock over the coming few sessions. 

Disclaimer: Not a recommendation to buy/ sell/ hold. Shared for educational purposes only.

Thursday, December 19, 2019


MARUTI: The stock belongs to the AUTO sector which is currently outperforming the broader Nifty 50 index. It has broken out of a flag pattern and is currently testing the upper boundary of the flag. The scrip is expected to show some upward momentum in the near future. 

Disclaimer: Not a recommendation to buy/ sell/ hold. Shared for educational purposes only.

Wednesday, December 18, 2019


IDEA: The stock belongs to the Telecom sector which is currently exhibiting strength. The stock has taken support at a trendline. Upside follow-through seems to be the likely outcome over the next few sessions.
Disclaimer: Not a recommendation to buy/ sell/ hold. Shared for educational purposes only.