CESC : Good Days are back !!?! This stock has been on my radar for the past couple of months, if you are following me on Twitter, you would have noticed, I had shared the chart on CESC at regular intervals. However, looking at the last few week's price action and overall chart formation I believe the stock is ready for the serious rally from here and which encouraged me to write a Blog on the same.  The first chart shown below is the Monthly chart of CESC, from the chart it is evident that stock has been trading in an Ascending Channel for last more than 11 years. The bottom formed last y ..read more

SUNTV : SUN SET TO RISE !!?!!!  I hope all of the readers are doing well and safe in this pandemic scenario. This is my 41st blog post and I believe the readers are getting Value and to learn new aspects of the Technical analysis and new ways to read the price action. Before going on to the stock analysis, I would like to thank all the readers for the support and I am so happy to share that I have managed to cross a milestone of 1 Lakhs view in a short span of time. Thank you again and keep sharing your love and support :) This week the stock I have selected is SUNTV which has been ..read more

Concor Ltd- Long awaited 6 years consolidation breakout....  This stock has been on roll for the last couple of months. The stock witnessed a sharp and strong rally where price rallied from 350 to 600 plus in a matter of few months. The sharp move has led the price to hit new life this month. The outperformance in the stock may continue ahead. The basis and technical studies have been discussed below. The chart attached below is the monthly chart of CONCOR which highlights the breakout from the long sideways range. This year has been a great year for the stock so far and looking at the te ..read more

SunPharma Inds : Multiple Bullish Trigger on Long Term Chart...  The Pharma Stocks are back in momentum after staying sideways for a couple of weeks after the decent rally from the lows. Last year Pharma sector was one that showed strength when the Benchmark index and other broader markets were facing the heat. Going ahead I believe this sector will continue to outperform the benchmark index and continue to witness strength. However, for this week, the stock I have chosen from this space is SunPharma, based on the different Technical studies which we shall discuss ahead. The first chart s ..read more

Ambuja Cements - Long awaited 7 years consolidation breakout....  The Cement sector stock has been on roll and most of the stock has witnessed a breakout on the long-term chart. Almost all stocks from this space have an attractive and promising chart setup and indicate after long hibernation mode this sector stocks are ready for some good upmove in the coming weeks and months. There are a couple of stocks from this space that have a bullish chart and one such stock which I choose this week is Ambuja cement, the technical studies ahead have been discussed below. The chart attached below is ..read more

Pidilite Inds - Stock of FY 2021-2022 ....!!!!  In late December 2020, I have shared a post highlighting Nifty FMCG could the star sector for 2021. The sector is performing on the expected line and reiterate my view, one must focus on this sector which has a high potential and probability to outperform the benchmark index. If u missed or haven't read the post here is a link  CNXFMCG : Breakout from Multi-Month Consolidation !!  From a similar space, the stock which shows strong potential to perform well in FY 2021-2020 is PIDILITE INDS based on the overall chart structure and ..read more

Lincoln Pharma - Set to challenge its previous all-time high levels !?!! This stock has been on my radar for the last couple of weeks as chart structure signals good strength and promising price action The stock has shown strong momnetum this week and its looks like the sideways consolidation post strong move is about to end and the price is ready to hit the roof. As shown in the chart below, it is evident that the price witnessed the monster rally from August 2014 - Jan 2016, where the price increased multi-fold from 35 to almost 300 levels. However, post that the stock has turned sideways ..read more

TRIVENI ENG - PROMISING CHART SETUP !!!!  The stock witnessed a multifold rally in Jun 2015 - Aug 2017, in this period price rallied from 15 to 105 which is a phenomenal move for the stock price. However, after that stock failed to continue its outperformance and the trend turned bearish. After printing the high in Aug 2017 and till present, the stock has done nothing in terms of return. The stock has been languishing in the sideways range for the last 2 years. The long underperformance in the stock price is likely to end and the stock shall commence a strong uptrend in the coming months ..read more

Schneider Electric : Bullish Patterns Breakout on weekly chart !!! The stock had witnessed a humongous rally from Aug 2013 - Jun 2015, where price rallied from 55 to 240 levels. Such a tremendous move was seen in less than 3 years which is an exceptional move for the stock price. However, post that stock has remained under the shadow of bears for about 6 years The stock gave up all its earlier gains and continued to tumble lower for almost more than 6 years. The long ongoing downtrend seems near the end and the bull rally in the stock shall commence going forward. There are multiple triggers o ..read more

DeltaCorp - Multi-Year Descending Channel Breakout... The stock enjoyed a great bull run from Feb 2016 to Jan 2018, where price rallied from 50 to almost 400 levels. This tremendous rally was got arrested around 400 levels in Jan-2018, and from thereon the stock tumbled to the lowest level near 54 levels in March 2020. This means the stock almost gave all its gains which were witnessed earlier in the bull run. The stock reversed strongly taking support near 55 levels and thereafter stock has seen a steady rally with the formation of Higher Highs and Higher Lows. The stock has so far rallied fr ..read more