My charts (and yours too........)

babukraman

Well-Known Member
#11
PLASTIBLEN
Close @ 194.50
Long term weekly in uptrend; Bullish Ascending triangle formation with Resistance around 195 – 200 zone. Interestingly, last 3 candles have made a Bullish Island reversal pattern. RSI and STOC above 50 and rising.
Regards,
Babu Kothandaraman
 

babukraman

Well-Known Member
#12
NIRMA
Close @ 218.15
Long term in an Up trend; Bullish Up Bar Reversal on Daily, possibly at the end of a pull back zone of 210 signalling an up move: 210 is R turned into S zone. This 210 level was a previous R for Ascending triangle pattern and subsequently broken. Now it has pulled back into this zone. A potential “buy” chance for a 50 points up move.

 

babukraman

Well-Known Member
#13
GATI
Close @ 78.05
Daily Morning Star formation around the possible Support Zone of 70.
If Weekly is looked into, it is interesting to note that this 70 zone was the Resistance during an Ascending triangle formation. The breakout of and pullback later into this zone provides a nice “buy” for an upward target around 110 level.
 

babukraman

Well-Known Member
#16
SINTEX

Close @ 362.95

Weekly shows long term up trend intact;

Daily: Up trend line since June broken in Middle of Aug; then, the price has rallied till this extended uptrend line (400 zone) and reversed from there to 350 which has formed into a Support now. From this level, the stock has formed a Perfect Bullish Up Bar Reversal pattern with RSI hovering around mid point and STOC @ o/s level. Up move expected and Potential “Buy”


 

babukraman

Well-Known Member
#17
KPIT 21st chart


KPIT follow up
Close @ 173.45
W r to 21st view, the stock has broken the down trend line and managed close above it on daily chart. RSI crossed 50 line from below. Also on the Weekly, Perfect Bullish Up Bar Reversal from the retracement level of 153 from the rally of May end to Aug 19. So, the uptrend is expected to continue.


 

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