Don't be biased in the market. Even if the stock has moved up a lot, it is consolidating tightly near the highs. This consolidation was much needed. I will look to go long with more tightness & the follow-up BO, if any. Not long yet. the stock is still strong.
Tata Elxsi
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Reminded me of my Borosil renewables chart of last year in July.
AWL - look at the ranges of contraction on the chart https://t.co/2XMhqZQu8X
AWL - look at the ranges of contraction on the chart https://t.co/2XMhqZQu8X
Borosil Renewables - Patterns like these must be looked at carefully and must be kept on the radar. Herein price is contracting which generally signifies shifting of hands (from weak to strong). If you go wrong, the risk is limited in these. pic.twitter.com/iqyoeslZjy
— The_Chartist \U0001f4c8 (@charts_zone) July 12, 2021
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Tata Elxsi - One more base formation. If you pick books written by legends, all says once a stock makes 4-6 bases, the maximum juice is out of it. However, with my chart reading, I am observing Indian market is too different. must follow the price. https://t.co/1nqNu4kouk
Sir tata elxsi??
— NITISH KUMAR OJHA (@nkoiiiiiii) October 1, 2021