Got any interesting stocks on your watchlist? ๐
Feel free to drop the names in the comments - one stock per comment so itโs easy to follow.
No limit on how many times you comment! ๐
#MINDACORP - 696
Gained 36% โ since analysis tweeted at 513.
โ Price opened at the low of a narrow bar and closed mid range, cooling off after the run to 769.
โ Price is clear of every moving average, with the rising 21 EMA (Orange) the nearest of them and still some way below.
โ The heaviest volume bar of this leg was a sell bar, and everything since has been much lighter.
โ RSI has eased from 72 to 62 but is still holding above 60, momentum on the upside intact.
#StockMarket #Nifty #Sensex #PriceAction
#EMCURE - 1927
Gained 40% โ since analysis tweeted at 1386.
โ Price is working its way back up after the dip from the high at 2044 and closed in the lower half of a narrow bar.
โ The 21 EMA (Orange) keeps rising steadily under price, with the 55 EMA (Blue) climbing a long way below it.
โ Volume is sitting close to its average, with buy and sell bars trading places from one bar to the next.
โ RSI is at 64 and keeps finding support at 60 levels, momentum holding on the upside.
#StockMarket #Nifty #Sensex #PriceAction
#EMCURE โ 1,386
โ IPO base breakout in progress.
โ Price near breakout levels.
โ Long upper wicks in the last three weeks indicate supply, but a positive price action near current levels will confirm bull takeover.
โ RSI peaking just above 60, indicating building upside momentum.
#EMCURE โ 1,386
โ IPO base breakout in progress.
โ Price near breakout levels.
โ Long upper wicks in the last three weeks indicate supply, but a positive price action near current levels will confirm bull takeover.
โ RSI peaking just above 60, indicating building upside momentum.
#EICHERMOT - 7672
Gained 39% โ since analysis tweeted at 5528.
โ Price pulled back from the high at 8165 and closed dead in the middle of a narrow bar, right on the 21 EMA (Orange).
โ That rising 21 EMA (Orange) is the line doing the work here, with the 55 EMA (Blue) and the longer averages climbing well below it.
โ The last full bar came with the heaviest sell volume in several weeks.
โ RSI has given up its move to 67 and sits at 55. Momentum turns back up on a close above 60.
#StockMarket #Nifty #Sensex #PriceAction
Eicher Motors โ #EICHERMOT Weekly ๐ - CMP 5528
โ One of the stronger looking charts, price action wise.
โ The key trigger I am looking is for RSI to close above 60.
#stockmarket#nifty#nifty50#priceaction
Eicher Motors โ #EICHERMOT Weekly ๐ - CMP 5528
โ One of the stronger looking charts, price action wise.
โ The key trigger I am looking is for RSI to close above 60.
#stockmarket#nifty#nifty50#priceaction
#NAVINFLUOR - 8604
Gained 41% โ since analysis tweeted at 6139.
โ Price closed in the upper half of a narrow bar and is holding just under the high at 8775.
โ The whole moving average stack sits below price, with the 21 EMA (Orange) rising steeply right underneath it.
โ One heavy buy volume bar stands out in the recent run, and everything since has been much lighter.
โ RSI is at 79 and has not been back inside the 40 to 60 band through this whole leg, momentum confirmed on the upside.
#StockMarket #Nifty #Sensex #PriceAction
#INDIANB - 869
Gained 41% โ since analysis tweeted at 617.
โ Price slipped through the bar and closed in the lower part of its range, holding just above the 21 EMA (Orange).
โ The 21 EMA (Orange) has gone flat and runs right through this sideways stretch, with the 55 EMA (Blue) and the longer averages still rising below it.
โ Volume has shrunk to below average on the recent bars, a long way from the spikes seen earlier in the move.
โ RSI has been rolling between 45 and 60 for a long stretch and sits at 53. A close above 60 is still the trigger to watch.
#StockMarket #Nifty #Sensex #PriceAction
#CUMMINSIND - 5030
Gained 41% โ since analysis tweeted at 3569.
โ Price has been stepping down since the high at 6050 and closed mid range on the latest bar, well below the 21 EMA (Orange).
โ The 21 EMA (Orange) has rolled over into resistance overhead, while the 55 EMA (Blue) and the longer averages below it are still rising.
โ Sell bars have taken over the recent volume, running close to the average.
โ RSI has fallen to 46. A close below 40 will confirm momentum on the downside.
#StockMarket #Nifty #Sensex #PriceAction
#BAJAJ_AUTO - 11800
Gained 41% โ since analysis tweeted at 8371.
โ Price is holding a run of narrow bars just under the high at 12470, closing mid range on the latest one.
โ Price is above all key moving averages, and the 21 EMA (Orange) is climbing steeply into this quiet stretch from below.
โ Volume has settled below its average through the sideways move, well down from the heavy buying that drove the last leg up.
โ RSI has stayed above 70, momentum confirmed on the upside.
#StockMarket #Nifty #Sensex #PriceAction
#DIVISLAB - 9315
Gained 42% โ since analysis tweeted at 6592.
โ Price opened at the low of the bar and closed right at the high, with no wick on either end.
โ Price is running far above all key moving averages, and the 21 EMA (Orange) is turning up sharply underneath.
โ Buy volume has carried most of this advance, though the last full bar came in heavy on the sell side.
โ RSI is up near 85, momentum firmly confirmed on the upside.
#StockMarket #Nifty #Sensex #PriceAction
#TVSMOTOR - 4132
Gained 42% โ since analysis tweeted at 2917.
โ Price paused in a narrow bar and closed mid range, holding on to the whole of the move above the old range top.
โ Price is above all key moving averages, and the 21 EMA (Orange) has turned up steeply underneath it.
โ The weeks that carried price out of the range came with the heaviest buy volume on this chart.
โ RSI has eased back to just under 60 after that push. A close back above 60 keeps momentum on the upside.
#StockMarket #Nifty #Sensex #PriceAction
#HINDALCO - 1006
Gained 44% โ since analysis tweeted at 701.
โ Price slipped through the bar and closed mid way up its range, sitting right on the 21 EMA (Orange).
โ That 21 EMA has flattened out and price is closing either side of it, with the rest of the moving averages a long way below in positive alignment.
โ Volume has thinned out over the last few bars, and what is left is mostly on the sell side.
โ RSI has drifted back to 53 after failing to hold above 60. That close above 60 is still what this chart is waiting on.
#StockMarket #Nifty #Sensex #PriceAction