abrahme

abrahme

Deepak Nitrite is positional long. It is in consolidation zone and taking long term support around 1800. Previously also it showed similar patten of support near 1800 and turned upside heavily. In current situation also its following same pattern. Once it breaks the trendline first it will move to D time 200 and then continue upwards.. Positional target of 2600+...

abrahme

TCS in heavy oversold zone. Double bottom and support at level of 3000. Far away from 200 EMA on D timeframe. Bounce back will push its price till 3500 as first level where it will face resistance again. Consolidation around 3500 will push again till 4300+. Buy entry for positional long.

abrahme

ACC on day timeframe shows consolidation at bottom. It has now strong base and support at 1800. All 20, 50, 100, 200 EMAs are coming together to squeeze and then breakout. Also it shows Cup formation pattern where price will follow right side of cup on uptrend. Bullish signal positional for target of 2600+

abrahme Updated 

Infy is forming cup and handle on day timeframe. On same timeframe price is above 20,50, 100 and 200 EMA and sustaining above it. Also looking at it consolidation Infy will give good upside in nearing short term duration.

abrahme Updated 

Infy is forming cup and handle on day timeframe. On same timeframe price is above 20,50, 100 and 200 EMA and sustaining above it. Also looking at it consolidation Infy will give good upside in nearing short term duration.

abrahme

ITC nearing breakout upside. Stock shows pattern when it consolidates in a range for couple weeks. 20, 50,100 and 200 EMA comes closer together. This pattern always give positive breakout. Fundamentally company products will have higher sales in nearing months.

abrahme Updated 

Graphite India weekly breakout. Trendline break and price move up.

abrahme

Max Financial is now ready for breakout. Stock is now showing in retest area and moving upside for 1000+

abrahme

HCLTECH on day candle is nearing breakout showing bullishness on ascending triangle. Once the triangle breakout, for target 1210 and then 1350. Positional hold.

abrahme Updated 

Bharat forge is showing strong upside with W pattern. Can reach first target 900.

abrahme

Devon energy on technical chart is gearing up for bullish momentum. On weekly chart 1. It has crossed 20 and 200 EMA 2. Falling trendline broken and closed above it. 3. Once current resistance zone crosses above $55, it will continue for good upside. 4. Consolidation of price from Mar till June in range and now ready to breakout.

abrahme Updated 

Kotak on 30 min TF now in ascending triangle and ready to breakout upside. Once this breakout done it will reach 1980 and then 2020.

abrahme

Dow and S&P both are due for small correction. Dow retracement pending after breakout and at resistance. Similar S&P500 too at resistance and due for retracement. Fed decision tomorrow could be trigger (?)

abrahme Updated 

Rossari Biotech showing weekly breakout. Entry level is from retracement level to current level. Target 1 first resistance. Once that completes then till previous all time high.

abrahme Updated 

Infy is now on bullish momentum with reversal signs. As per Fibo series price is closed above 0.33 and now the first target at 0.618 i.e. at 1450. Positional hold.

abrahme

HDFC.. A jewel in Indian stock market completed its journey... The Legend.. Time to say Good bye and see in new Avataar !!

abrahme Updated 

HDFC on day candle. When RSI SMA value falls to value 40, it is observed multiple times as it turns again upside breaking immediate previous high. Expecting upside on HDFC.

abrahme

TechM is at breakout level. On day candle it is above 200 EMAs and 1160 level where multiple earlier attempts were made. Once above this, it will be Bullish. Good to buy and hold once crosses this current level and hold.