20 Tweets 6 reads Feb 18, 2024
TECHNICAL ANALYSIS OF NAMES SHARED IN TIA 20-20 IDEAS SUMMIT
1. EICHER MOTORS - Up only 20% from it's 2017 high.
- Under performing it's peers from last 1 year
- Steady uptrend on weekly scale
- Well above 200 DEMA
2. CASTROL
- Recently reclaimed it's 2014 high
- Strong volume activity can be seen from last few months
- It's peer Gulf Oil also moving in similar direction
3. LANDMARK CARS
- Up 70% from the IPO level
- Consolidating in a range from last few months
- Struggling to cross 860 (long wicks can be seen there)
- Taking support at 200 DEMA
4. CARTRADE TECH
- Fell almost 80% after listing and made a low of 340
- Recovered from there and even crossed the 200 DEMA
- Volume pick-up can be seen from last few months
- Went as high as 900 but pulled back and now taking support at 200 DEMA
- Classic stage 1 to stage 2 scenario
5. GPPL
- Recently crossed it's 2015 high
- Volume pick-up is visible from last few months
- In a steady up-trend from last few months
6. VINDHYA TELELINKS
- In a strong up-trend from last few months
- Well above 200 DEMA with 200 rising with the price
- Good support at 2180 for any deep pull-backs
7. CONTROL PRINT
- Was in a steady up-trend since Jan 2023
- Recently pulled back towards 200 DEMA and bounced
- Might consolidate here for some time after a 150% move
8. GHCL TEXTILES
- De-merged from GHCL back in June 2023
- Since then moving in a range with 90 & 68
- Strong support at 68
- Volume pick-up can be seen in the recent time
9. KDDL
- Gave a 150% move after a Big VCP breakout back in May 2023
- Consolidating from last few weeks and might head towards 200 DEMA which is rising
- Fresh breakout above 3000
10. SANGHVI MOVERS
- Gave a Monthly Channel breakout back in July 2023 and since then has doubled
- Recently gave a strong breakout from the range
- A change in character can be seen as it was more of a slow moving nature and currently showing fast up-move
- Good to add on pullbacks towards 21 DEMA
11. GPIL
- In a strong up-trend since June 2023, up more than 100%
- Consolidating from last few weeks with two shakeouts at 50 DEMA
- Gave a breakout last week but fell along with the broader market
- Again setting up for another breakout.
12. SHILPA MEDICARE
- Classic Stage 1 to Stage 2 transition happening
- Crossed 200 DEMA with strong volume and consolidating above it from last 4-5 months
- 400 is a strong resistance that need to be crossed
- At a good entry point
13. SUNDARAM FINANCE
- In a strong uptrend from last few months
- Well above the 200 DEMA
14. POLY MEDICURE
- Consolidating well above 200 DEMA
- Gave a strong breakout last year after consolidation of almost 2 years
15. PNB HOUSING FINANCE
- Recently crossed the High that was made back in 2021 after carlyle take-over news
- Consolidating from last few weeks above that level
16. LT FOODS
- Price always moved near 200 DEMA
- Re-testing it again and again, this time also pulled back towards 200 DEMA and now bouncing back
17 . INDUSIND BANK
- Fell sharply after the earnings but now bouncing back from 200 DEMA
- Can be a good buy above 1550
18. REPCO HOME
- Lagging it's peers and hovering around it's 2019 high
- Consolidating near that level from last few months
- Well above 200 DEMA
19. PVR INOX
- Strong downtrend, support at 1350
- Wait for a reversal
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