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WEEKEND STOCKS TO STUDY 24/5/2024

WE HAVE NIFTY ANALYSIS ON 3 HOUR BASES , WE CAN SEE WE HAD A SUCCESSFUL BREAKOUT OF THE PREVIOUS ALL TIME HIGH LEVELS OF 22794.70 LEVLES ON SPOT CHART BASES . THIS BREAKOUT HAS NEEDS TO PROVES THAT ITS NOT A FAKE BREAKOUT , A) RETEST THE RESISTANCE AND ACT AS SUPPORT AND THE FOLLOW UP BUYING SHOULD COME AND MARKETS SHOULD TAKE SOME MORE UP MOVES OR B) THE MARKET SHOULD GET FLAT SOME POINT IN NEXT WEEK AND THEN WE CAN A BREAKOUT OF THAT CONSOLIDATION LEVEL SHOWING THAT THE INTENTION ARE CLEAR WE TOO STRONG TO EVEN NOT RETEST THE PREVIOUS LEVELS , EVERY ONE IS EYEING ON THE ELECTION RESULTS , COUPLE OF MORE STATES ARE LEFT TO VOTE , HOPE FOR A STABLE AND MAJORITY RESULT FOR THE MARKETS TO PERFORM MORE IN OUR FAVOUR .

FINCABLES THE STOCK HAS GIVEN THE CUP PATTERN BREAKOUT . LOOKING GOOD ABOVE 1390 LOOKING WEAK BELOW 1155 CAN REACH 1700 SHARED ONLY FOR OBSERVATION .

ISGEC HEAVY ENGINEERING A FAMOUS VCP PATTERN WAS SPOTTED WITH RESISTANCE BREAKOUT . LOOKING GOOD ABOVE 1200 LOOKING WEAK BELOW 1090 CAN REACH 1350 SHARED ONLY MY OBSERVATION .

ALICON CASTALLOY RESISTANCE BREAKOUT ALONG WITH STRONG RISING VOLUMES AND WE ALSO SEE RELATIVE STRENGTH GONE ABOVE ZERO . LOOKING GOOD ABOVE 1135 LOOKING WEAK BELOW 950 CAN REACH 1510 SHARED ONLY FOR OBSERVATION

RVNL A VERY FAMOUS STEP BREAKOUT SETUP MOVEMENT IS GOING ON , THE STOCK GAVE A GREAT QOQ NUMBERS THE RESULT WAS SEEN IN GOOD STRONG BREAKOUT WITH RISING VOLUMES AND RELATIVE STRENGTH IS ALREAY ABOVE ZERO . STOCK LOOKING GOOD ABOVE 382 LOOKING WEAK BELOW 318 CAN REACH 500 SHARED ONLY FOR OBSERVATION .

ABOVE ARE THE MULTI SECTORS AND THE BLACK LINE IS THE NIFTY , THE ARROW SHOWN IS THE CNX AUTO SECTOR , WHICH SHOWS THAT THE AUTO SETOR HAS BEEN ABOVE JSUT STARTED OUT PERFORMING THE NIFTY . THIS CAN BE A GOOD OPPORTUNITY , IF THE STRONG SENTIMENTS ARE THERE IN THE MARKET AND THE AUTO SECTOR STOCKS ARE COMING OUT WITH STRONG NUMBERS ON QOQ BASES . KEEP AN EYE ON AUTO SECTOR , IT HAS A HIGH CHANGE TO OUT PERFORM . THE ABOVE INFORMATION DATA , CHARTS AND ILLUSTRATION AND OBSERVATION SHARED ARE ONLY FOR EDUCATION PURPOSE ONLY , NON ARE SHARED ON THE BASED AS ACTIONABLE . ANY TRADE TAKEN SHOULD BE TAKEN AS PER THE ADVICE FROM YOUR FINANCIAL ADVISOR ONLY . ANY LOSS OR PROMIT WE WILL NOT BE LIABLE . NO CLAMES WILL BE ENTERTAINED . THANK YOU CONTACT : YTASCHOOL@GMAIL.COM SERVICES : ADVANCE COURSE , YTASYSTEM , YTAVALUATION , REPORTS .

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