devendrasb

devendrasb

Bombay metrics is in tight range from last few months and near for breakout or breakdown. I think it may mostly goes upside, may be it will spend few more weeks in same tight range. Keep an eye on stock, whenever there may be good upside with good volumes. Keep weekly SL of 37.

devendrasb

Keep an eye on Lupin which is looking good for upside after one year price consolidation. Keep weekly SL of 1865 for good upmove in coming months.

devendrasb

Emami Ltd retested multi year breakout. Keep monthly SL of 560 to ride the trend.

devendrasb

Hdfc life gave weekly breakout of 4 year consolidation zone.

devendrasb

Bajaj finance limited has created DOJI and indecisive candles from last 5-6 weeks. Something is cooking inside, may be it will give sudden spike and try to breakout or give breakdown and trap.

devendrasb

Zinka logistic (blackbuck) is looking good for upside. Stock is trying to breakout from triangular formation. Keep weekly SL of 425 for good upmove after breakout.

devendrasb

Ajanta pharma is trying to breakout from consolidation and triangle and trend line breakout. Keep an eye for breakout. Stock already showing more volumes from last few days.

devendrasb

NXST is ready for breakout of consolidation on daily chart. Keep daily closing basis SL of 136 for tgt of 155-175.

devendrasb

HDFCBANK is almost flat from last 2 months and is in compression stage. Sooner will give good momentum on breakout or breakdown. Keep an eye, once it break out or breakdown.

devendrasb

India cement on daily chart is forming very narrow Bollinger band and most probably looking for breakout. If breakout can take long position and if breakdown can take short positions.

devendrasb

SRF ready for blast to one sided movement once breaks out of hourly BB and momentum.

devendrasb

Created 8EMA bollinger band with divergence and in sync price movement. Also RSI & Accumulation & distribution graph below with moving average and buy sell indicator.