Tata Power - no one was reading my tweet back then but I was still sharing my charts after I joined Twitter.

Otw to 235 & 285 https://t.co/JgvNjKT3al

Laurus Labs - nothing wrong till now on charts. Comfortably placed above MA with minor retracements. the Target of 1035 is intact.

Laurus Labs - Initial Target 895

Syngene:

For long term investors - Buy at any dips
PnF Chart (1%*3) Stop loss level - 570 (previous low O's below Anchor column)
Candlesticks Charts - 605 (below gap boundary)

below Anchor column breakout** (ABC)

In this thread, I will explain to you the psychology behind the cup & handle pattern. The attached chart is of Balaji Amines.

Point 1 = Profit booking by many traders and fresh short positions opened taking the stock down till level 2 where there is no more selling

Point 2 - a level wherein the stock becomes attractive again for fresh buyers and short positions will be covered adding strength to the stock.

It moves back till point 3 which is now the psychological resistance level and would again see profit booking by weak hands.

But, this time the stock fell till point 4 wherein the buyers (smart hands) are willing to pay a higher price and further push out the weak hands absorbing all their selling. This is the ideal entry point for a risk-loving trader as this is the closest to the stop-loss point.

Finally, you see - in the whole process - the stock has shifted hands from uninformed retail investors to "smart hands". And finally followed by a cup and handle breakout. The target will be the depth of the cup projected upwards from the breakout level.

When to take entry for a conservative investor? At candle no 5 - the breakout candle and stop-loss a few % below breakout level.

In the next thread - I will explain to you how the same principle works for most of the patterns (No need to mug up the pattern names)

Globus Spirits - pattern X target open is 680

Now, you can well recognize the pattern X after hundreds of tweets on this.

Divis Labs - even though the business may be great but the price may remain subdued for a longer time. It must spend considerable time here to consolidate itself.

Super Pattern Bullish Probable around 52 week high zone

1% EOD Charts

#AdanoPorts
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Note - Only for educational purpose

#Tatapower -128
Objective is to cross ATH.

And beyond.

#Probability

Tatapower- After 6 months of sideways move crossed past a crucial level of 267. A widespread Bar on very High Volume. Committed buying coming in as well. Relative strength and momentum also turning positive. Now all set for much higher level.