Charts for the Day

[khurshedmanjra]

Yes, SUVEN LIFE has also given a breakout from upward channel recently

 

[khurshedmanjra]

METALS and PHARMA sectors on the run upwards !

 

[anil_s_trivedi]

Pharma sector witnessed a technical change last week with many names closing above 200 sma...Indicating a underlying technical change getting take place...Now many scrips crossed 200 sma thing to watch is higher low in scrips in coming days...It will give clue of the relentless buying taken in previous week...

Pharma as we analysed earlier witnessed good rally as anticipated. The higher low too got arrested at 50 sma indicating the proper technical setup going on since then...
Simple tools like trendlines, moving averages the price action, the ascent of rise/fall going on tells many things on charts what going on...

 

[anil_s_trivedi]

Axis bank on monthly charts consolidating big time...as of yesterday close the chart is in good shape poised for upside...today it opened gap up and moving down....it will be weak below 525-530 levels...Todays monthly closing would get some clues for next lap...

Axisbank is the recent best example of focussing on charts and not on news...With worst quarterly results stock rising non stop...Only technicals might have caught this rally...

 

[ravi2126]

Sunpharma / auropharma also entering in mark up phase
#wyckoff method ....

 

[khurshedmanjra]

Some of the scrips with good results have fallen subsequently.

 

[nitingosavi]

Anil sir,
do you find strength in this sector?
all pharma stocks. need your precious analysis whenever your time permits.
thanks in advance.

All stocks from one sector.
Found something common.
Whats your take..... (?)
Look at OBV. some has double bottoms. some has some other patterns.
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OOps. I am sry i forgotten your earlier post abt the same.
not deleting my post.

 

[ravi2126]

 

[ravi2126]

 

[anil_s_trivedi]

Nifty/sensex Closing coming to be below 50 SMA on daily...Would put intermediate trend under threat...