hi everyone,
noticed that quite a few stocks have started a new move upward as per weekly charts.......some of them of the very many are:
1.abb----neat breakout from an ascending triangle,closed the week strong.
2.beml---nice pullback on the weekly and looking set to resume upwardly dir.
3.sesa goa--pullback lasting 5months,this week put up a neat wide range
bar,ended strong for the week with increased vol.
4.guj nre coke--a wide range weekly bar 3 weeks ago has announced the
change in trend in this stock,followed by 2 weeks of
consolidation.
5.polyplex corp--higher pivots on the weekly followed by a breakout with
increased volume.
6.divis labs---again higher pivot lows on weekly,and heading higher.
7.eid parry---weekly breakout on high volume to new highs.
8.elder pharma---weekly breakout on high vol.
9.ivrcl---looks set to breakout to a new high ,and continue its upward trend
10.j&k bank--after 6 months sideways,it put up a wide range bar with high
vol,closing above the range.
11.uti bank--looks set to breakout to new highs.
12.union bank---higher pivot lows on the weekly.
13.jaiprakash assoc--higher pivot lows
14.pnb--higher pivotlows.
15.tata tele---breakaway gap followed by a pullback on the daily,looking
higher.
16.aventis pharm--spent all of this year sideways,forming an ascending
triangle on the weekly.
17.jindal steel power---taking out previous pivot highs on the weekly,and
looking to start a new uptrend.
18.mid-day multimedia--breakout from a range followed by a pullback,looks
higher.
19.mukand ltd--higher pivot lows on daily.
20.ntpc--taking out previous pivot highs on the weekly
21.sonata software--nice consolidation and threatening to break to new
highs
sincerely,
saint.
