abhaychakravarthi

abhaychakravarthi

Breakout and retest with good volume seen in this stock.. consistent support above 20 week moving average.. Bullish engulfing on weekly chart.. Entry around 98-100 Stop below 91 weekly closing basis Target 5 times risk

abhaychakravarthi

Solid base built after a strong breakout.. Bullish engulfing on Weekly time frame.. Entry around 900 and stop below 835 Target minimum 3 times risk..

abhaychakravarthi

Excellent breakout and strong support at retest levels on weekly time frame.. Enter around 860 Stop below 800 Target minimum 3 times Risk

abhaychakravarthi

Consistent support on 50 Week Moving Average.. Price action very strong.. Entry around 500 Target 1:3 RR 625++ SL 460 weekly closing basis

abhaychakravarthi

Excellent trending charts on all Adani stocks. We can see a bounce on 200 DMA, and then making a high on Dec 5th. Its been consolidating since 2 months and its time to breakout or hit SL. Only enter after Day closing above 580 (FLAG pattern or GUN Pattern). Target 700++ and hold for more if Bullishness in Power sector continues. Not a recommendation. All...

abhaychakravarthi

Excellent chart pattern. It has come out of resistance after 1-2 years. Started making Higher Highs and Higher Lows. Buy only above 47 Stop below 42.8 daily closing basis (DCB) Target 1 - 65-70 Target 2 - 100++

abhaychakravarthi

Looks like the reward is not that great. But expecting it to hit through the resistance at 4100 and go beyond. Stop below 2800 Target 1 - 4100 It is making Higher Highs Higher Lows, Only if the momentum is broken with high volume.

abhaychakravarthi

Its a GUN SETUP :D Amazing chart formations in all Adani Stocks. I will try to analyse each one of the stocks. Enter around 1800 Stop below 1650 Target is mentioned in chart. However, I feel it is time to bet on Green Energy for next 5-10 years and expect 10x, 100x returns.

abhaychakravarthi Updated 

Went Up too fast without any retracement. Had to come back to the previous Swing High for the Support. Bullish Engulfing on What can be said as Classic case of Resistance turning into Support. It can turn out to be a good 1:3 Risk:Reward trade. Not a recommendation.

abhaychakravarthi Updated 

This analysis is just for my learning. Excellent Chart formation. 1:5 Risk Reward opportunity. High quality trending stock. This is a no-brainer. Entry Level - 840 Stop Loss - 675 Take Profit - 1200

abhaychakravarthi Updated 

Similar to other PSU Stocks.. Unlike other PSU stocks, this Scrip already broke out of the trendline. For very less Risk, one can expect a great Reward in this Banks Rally.

abhaychakravarthi Updated 

Such a wonderful chart. I am trying to be too optimistic here. Hell, why not? Price trading near confluence of trend line resistance. Excellent Risk Reward can be seen on Monthly Chart. Similar pattern seen in a lot of PSU Banks. Need to start with small quantities and then Pyramid as and when there is Dip/correction.

abhaychakravarthi Updated 

Buy only above 176 with a stop loss of 165. Target 5 times the Risk which is around 230. Excellent Risk:Reward Trade about 1:5 Not a recommendation.

abhaychakravarthi

Excellent Flag and pole breakout.. Expecting back to back UCs in all Power -- Penny stocks

abhaychakravarthi Updated 

Price getting Support at 50 Month Moving Average. Doji followed by a Bullish Confirmation Candle. Expecting a 1:3 Risk: Reward trade. Not a recommendation.

abhaychakravarthi Updated 

Excellent chart pattern.. 1. Made high in year 2000 -- 350. 2. Traded in a channel for a long time and broke out of 350 resistance. 3. Made high of 700 -- Exact 2x. 4. Dropped back only to get support at exact 350. Bullish engulfing on Monthly time frame Risk: Reward a mouth watering 1:8 WIPRO announced Shares buyback.

abhaychakravarthi Updated 

Multiyear breakout stock. Ready for new All Time High after small retracement. High probability excellent Risk to Reward trade.

abhaychakravarthi Updated 

1. Multiyear breakout done 2. Retracement to support done 3. Created Flag pattern on Weekly charts 4. Breakout of Flag Pattern 5. Fundamentally strong company Excellent Risk:Reward Entered at 2100 Stop Loss - 1900 Target 1 - 2400 Target 2 - 2700