Stocks on Radar–BASF India, Eclerx, Mphasis, CESC Limited

Few Quick Charts.

But before that a quick note.

  • One needs to look at Delivery Volumes percentage deeply of late in a price and volumes breakout. If the delivery percentage is less than 20% checkout if its covered in some business channel or some media. Seeing a lot of fake moves because of the pumping up. Good source to check is www.moneycontrol.com and web.stockedge.com
  • For example if general delivery volumes for a stock is 60% and even on Big price move day is 40% and suddenly drops to 10-20% on a price volume breakout day. It could very well be because it got discussed on some Media and a lot of punting. Such breakouts maybe a trap.

Some Quick Charts on Radar

BASF INDIA – Multiple attempts at 1200-1240. A breakout could be interesting. Given the interest in the sector this needs to be kept on radar.

BASF India

CESC Limited – We have earlier looked at Tata Power and JSW Energy. Another Power sector company near a major resistance.

CESC Limited

MPHASIS – Multiple attempts at the same trendline resistance.

MPHASIS

Eclerx – Triangle Consolidation. On watch above 460-480.

Eclerx

 

Will be sending out the Quarterly Note on Insider Trading in coming week. Do read this post -

https://nooreshtech.co.in/2020/04/insider-buying-a-good-way-to-hunt-for-companies-to-research.html

A small product offering designed by Harsh – Base Price min Rs 300 Rest - Pay as you want for next 2 months. Will decide cost as after improvisations as per feedback   -

Insider Trading Excel and Quick Snapshots on Interesting Companies

For any more details check the above link or whatsapp on 7977801488

 

ONLINE TECHNICAL ANALYSIS COURSE – Video Course

The Full Course on Technical Analysis is now uploaded and can be bought digitally with 1 year access to the recordings.

The Course is divided into 4 sections

Section 1 – Introduction to Basic Technical Analysis Concepts.

Section 2 – . Technical Analysis Chart Patterns, Indicators, Trendlines.

Section 3  -  Practical Technical Analysis – How to use it to invest,trade, find sectors, Full time Trading.

Section 4 – Various Softwares and Utilities.

Bonus – One Webinar for Q&A. Batch of 20 every time. Details to be sent on email.

More than 12 hours of content.

Course Fee = Rs 6000

Can buy the course from this link and go through the entire curriculum ( Course Content & Curriculum )

https://www.analyseindia.com/course/onlinetechnicalanalysiscourse/?tab=tab-curriculum

Whenever we add more videos you will get an e-mail for us.

For any queries or payment confirmation mail to nooreshtech@analyseindia.com or whatsapp on 7977801488

Leave a Reply

Your email address will not be published. Required fields are marked *


This site uses Akismet to reduce spam. Learn how your comment data is processed.