Index
Charts of the Day - 19th Oct 2021 | SwingTrader India
October 19 2021 | Reading Time: 5 Minutes
LTI
TTKPRESTIG
GMMPFAUDLR
MAHINDCIE
- The stock gapped up at the opening after posting strong the Q2, 2021 results yesterday after market closed.
- Revenue grew of 8.8% q/q and 25.6% y/y. and Net income grew 11.1% q/q and 20.8% y/y.
- The stock is trading in an uncharted territory and trending above its all key moving averages in multi- time frame chart and has closed on positive note consecutively from the past six months.
TTKPRESTIG
- The stock gapped up at the open and trendline breakout today on above average volume.
- The stock came out of its consolidation zone almost after three and half months with a positive bias.
- The momentum indicator RSI has given a sharp rise and entered in bullish territory today with upward slope formation and another momentum indicator MACD also gave a positive cross over in this counter.
GMMPFAUDLR
- The stock gave the a trendline break out today on above average volume.
- It has formed a big bullish engulfing candle on the daily chart with improved momentum in RSI and MACD.
- The stock is trending above its all key moving averages on a multi- time frame chart .
MAHINDCIE
- The stock broke out of a cup-with- handle base and formed two bullish candles on the daily chart on above average volume.
- The It has gained 13% from its pivot level in the past two days after a 25% correction in seven weeks and currently the stock is in bullish momentum.
- The stock is trending above its all key moving averages on a multi- time frame chart .
- Follow us :
