Nifty Smallcap – 

Nifty Smallcap index daily chart, Nifty Smallcap has corrected nearly 41% from its all-time high. It was in a consolidation phase now it has given breakout last week. But there two unfilled gaps it may try to fill it or it will just test breakout and will continue its rally.

Nifty Midcap –

Nifty Midcap index daily chart, Midcap has corrected nearly 27% from its all-time high made in Jan. It was in a consolidation phase, it has given breakout in last week. There is one an unfilled gap it may try to fill or it will keep continue rallying.

Ajanta Pharma Ltd –

Ajanta Pharma weekly chart, the stock is trading in the triangular pattern. Currently, it is facing some resistance near upper trendline it may test lower trendline support. Or it will give breakout keep rallying.

Himadri Speciality Chem Ltd –

Himadri Specialty Chem Ltd weekly chart, the stock has given falling wedge breakout and also formed flag and pole pattern. I am hoping some good action in this stock. Good stock to keep in watchlist for this week.

Kajaria Ceramics Ltd – 

Kajaria Ceramics weekly chart, the stock has given the flag breakout. Setup was looking very good for bullish reversal expecting some rally here.

Punjab and Sind Bank –

Punjab and Sind Bank weekly chart, I am not really big fan of PSU banks but this stock has made a good setup. The stock was in a downtrend after some consolidation phase it stock has formed very strong bullish engulfing pattern it is a very strong reversal pattern.

TVS Motors Company Ltd –

TVS Motors weekly chart, the stock has given the falling wedge breakout. It also made a double bottom on the weekly chart. Expecting some good rally in the stock if the previous swing is taken out.

Disclaimer –

The information is for educational purposes only and does not constitute an offer to sell nor a solicitation of an offer to buy any security which may be referenced by me. The information provided through my charts is for personal, non-commercial, educational use and display. 





Vijay Patil · December 23, 2018 at 1:45 pm

Please change back ground colors of all chart ?

    Naren Kadam · December 24, 2018 at 9:49 am

    Ok I will switch to white background

Sanket · December 23, 2018 at 4:09 pm

Really appropriate your view. Keep doing.

    Naren Kadam · December 24, 2018 at 9:49 am

    Thank You

Leave a Reply

Your email address will not be published.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