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Charts of the Day - 25th Nov 2021 | TraderSmith

Author: Yathisha Naik

November 25 2021 | Reading Time: 2 Minutes
Jindal Poly Films
 

 
  • The stock is currently trading in a 16-week-long consolidation pattern.
 
  • Today, the stock broke out from a small trendline connecting the close of August 9 to that of October 18, with above average volume.
 
  • The slope of the momentum indicator RSI on multi-timeframe charts has turned upward with a positive crossover.
 
  • The stock has a price strength of 65 and a Buyer Demand Rating of B. The number of funds holding the stock has also increased substantially in the last quarter.
 
Welspun 
 

 
  • Today, the stock broke out from a 24-week-long consolidation pattern on above average volume.
 
  • Simultaneously, the RS line is trending upward.
 
  • The slope of the momentum indicator RSI on multi-timeframe charts has turned upward with a positive crossover.
 
  • This week, the stock has formed a “golden crossover” and a bullish candle.
 
Chambal Fert. & Chems
 

 
 
  • The stock is currently trading in a six-week-long consolidation pattern.
 
  • Today, it broke out from a small trendline connecting the close of November 1 to that of November 15, with above average volume.
 
  • The slope of the momentum indicator RSI on multi-timeframe charts has turned upward with a positive crossover.
 
  • The stock has a good EPS Rank 93 and a Buyer Demand Rating of A. The number of funds holding the stock has also increased substantially in the last quarter.

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