Prashant Bhansali Profile picture
Equity Research Analyst | Sports lover

May 27, 2021, 160 tweets

1 new chart everyday, it could be from any space ~ equities / commodities / crypto / forex / bonds , etc

Will try to do it daily 🙏💪

Here's the first one 👇

SBI vs BankNifty

Ratio chart has given monthly breakout implying SBI could outperform BN in coming months.

#PB365

(2) #DLF monthly chart

#PB365

(3) #VodafoneIdea weekly chart

#PB365

(4) #USDINR weekly chart

After couple of bounces from the trendline support in 2021, it now looks like breaking down.

#PB365

(5) #GMDC weekly chart

#PB365

(6) #HindustanZinc daily chart

#PB365

(7) #GUJALKALI weekly chart

Good consolidation in range and breakout seen

#PB365

(8) #GMBreweries weekly chart

Few weeks of consolidation and now a fresh breakout!

#PB365

(9) #GRASIM daily chart

#PB365

(10) Ratio chart (daily) of Auto Index/Nifty

Taking multiple support at crucial level

Autos could start outperformance over nifty as long the support holds , and more fiercely once resistance breached

#PB365

Typo, it's weekly chart*

(11) #TV18 weekly chart

Breaking out from a base

#PB365

(12) #NationalPeroxide weekly chart

#PB365

(13) #ESCORTS daily chart

Breakout and retest going on 👀

#PB365

(14) #HDFCLIFE weekly chart

Polarity at play
Self explanatory

#PB365

(15) #MCDOWELL monthly chart

Looks lika triangle consolidation since 2015
Range narrowing down 👀
Preference is a bullish breakout soon

#PB365

(16) #NIFTY weekly chart

Just amazing how Fibonacci Extensions are playing out so far since 7511.

Market taking resistance near key extensions of 1/1.618/2 and later turning it into support for next leg higher.

If the current one succeeds, next could be 18100 !!! 💪🤑

#PB365

(17) NiftyPvtBank/Nifty ratio chart (daily)

Ratio chart is at key support zone 👀

Recently pvt banks have been a laggard , they could start doing well and outperform the market IF this support holds.

#PB365

(18) #AdityaBirlaCapital weekly chart

Polarity at play

#PB365

(19) #CONCOR monthly chart

Big monthly breakout , can do well going forward

#PB365

(20) #MGL weekly chart

Range breakout done, looking good

#PB365

(21) FMCG Index / Nifty ratio chart ( monthly )

Trying to bounce from major support levels , space to look out for from here on #fmcg

#PB365

(22) #DXY monthly chart

The Dollar bulls are making a comeback and continue to hold on to the major support levels

#PB365

(23) #AMAZON weekly chart

The stock looks like breaking out after a 9 month consolidation

#PB365

(24) #APPLE daily chart

Narrowing range , big move on cards soon

#PB365

(25) #DIXON daily chart

Breakout after 4 months of consolidation

#PB365

(26) #IRBINFRA weekly chart

Self explanatory

#PB365

(27) KotakBank/BankNifty ratio chart (weekly)

The ratio chart is at a crucial support 👀

#PB365

(28) #TitagarhWagons weekly chart

#PB365

(29) #SCHNEIDER weekly chart

Entering support zone 👀

#PB365

(30) #GreavesCotton monthly chart

Big monthly breakout underway
Is it time to move to next orbit higher ? Looks like!

#PB365

(31) #NALCO weekly chart

At a critical level that has been acting resistance since 2008

Will this time be different?
What do you think ?

#PB365

(32) Hdfc Bank / Nifty ratio chart ( daily )

Making falling wedge pattern 👀

Breakout above upper trendline could result in Hdfc Bank showing outperformance from here on

#PB365

(33) Maruti/Nifty ratio chart ( monthly )

Bounced exactly from previous swing low of April 2016 and making a good bullish candle

Time for Maruti to outperform?

#PB365

(34) #AjantaPharma daily chart

Range breakout

#PB365

(35) #PNCInfra

Trendline breakout

#PB365

(36) #NATCOPharma weekly chart

#PB365

(37) #ExideIndustries weekly chart

#PB365

(38) Reliance/Nifty ratio chart (weekly)

Trying to bounce from a key level

#PB365

(39) #VGuard weekly chart

For now breakout and retest looks like
Change of polarity possibly

#PB365

(40) Manappuram Finance/Nifty ratio chart (monthly)

The ratio is bouncing from key support
Manappuram Finance can outperform Nifty from here

#PB365

(41) #IndiabullsHousingFinance

Retesting a critical zone

#PB365

(42) #BlueStar

Breakout retest ✌️

#PB365

(43) #MotilalOFS

Rounding base and breakout attempt 👀

#PB365

(44) #JindalPoly

Setting up nicely for a breakout

#PB365

(45) #HANGSENG

Talks about 3% down on the index on Thursday, but downside could be limited from here as it's approaching support zone , watchout!

#PB365

(46) #Edelweiss

Breaking out after good consolidation 👀

#PB365

(47) #LaOpala

Breakout few backs and sustaining well 👀

#PB365

(48) #SWANEnergy

Triangle formation , range getting narrow , big move soon 👀

157 on upside and 118 on downside are the 2 key levels

#PB365

(50) #ITC

The most hated/loved stock is gearing up for some BIG move soon

Enough consolidation within triangle

All eyes on ITC in coming days 👀

#PB365

(51) #SAIL

Triangle setup with range getting narrow and narrow , big move soon 👀

#PB365

(52) #Wockhardt

Key level 530

Breakout and retest

#PB365

(53) #LUPIN

Rising trendline support
Breakout and retest

Interesting setup

#PB365

(54) #MunjalAuto

Triangle formation

#PB365

(55) #SriramTransport

Tough fight between bulls and bears

Sideways move could end soon, watchout.

#PB365

(56) #BITCOIN

At crucial support

#PB365

(57) #KANSAINEROLAC

Attempting a monthly breakout

#PB365

(58) #CrestVentures

Polarity level 115
INHS

#PB365

(59) #FederalBank

Approaching a 4-yr TL

#PB365

(60) #BhartiAirtel

Good move ahead ?

Could be! 👀

#PB365

(61) #SBILife

Breaking out on weekly chart

#PB365

(62) #GoaCarbon

Breakout retest done seems

#PB365

(63) #ShankaraBuilding

Trying to breakout , watchout!

#PB365

(64) #TataSteelBSL

Classic textbook breakout

#PB365

(65) #DXY

Rejection at crucial level for the dollar bulls!

#PB365

(66) #SunTV

Breaking out after lot of consolidation

#PB365

(67) #PFC

Is the stock ready to take out monthly resistance? What's your view!?

#PB365

(68) #HEG

Looks like breaking out

#PB365

(69) #Heromoto

Took support

Attempting to breakout of falling trendline

#PB365

(70) #Granules

Polarity at play seems

#PB365

(71) #SCI

Breakout and retest

#PB365

(72) #Britannia

Sustaining well above prior resistance

#PB365

(73) #HclTech

Attempting a range breakout

Has been sideways for 6-7 months now

#PB365

(74) #CanaraBank

Triangle formation

Sideways move to end soon 👀

#PB365

(75) #RBLBank

At a critical level

Weak below the trendline

#PB365

(76) #CanFinHomes

Triangle formation

Breakout level 580
Breakdown level 500

#PB365

(77) #VIPIndustries

Trendline at play

#PB365

(78) #BankOfBaroda

Weekly Trendline at play

#PB365

#BIOCON

358-372 crucial zone

Have been taking multiple support since few months

With few pharma stocks having big downmove recently (DRL, Lupin , Auro), will this survive ?

Interesting to see, no bias currently, just need to watch how it behaves at this band!

#PB365

(80) HDFCBANK/NIFTY ratio chart

Taking support at demand zone

#PB365

(81) RELIANCE/NIFTY ratio chart

Breakout happened in 2020

Retest happening since last few months

Ratio near support zone

#PB365

(82) #CRISIL

Has given good dip post breakout

2000-2300 is support zone ( breakout retest happening )

Keep on radar

#PB365

(83) #AsterDM

Attempting weekly trendline breakout

#PB365

(84) TCS/NIFTY weekly chart

Took supoort at long term trendline and bounced

Can expect outperformance to start from TCS against Nifty as long as this trendline holds

#PB365

(85) #AdaniPower

Approaching a very very critical level near 70

The kind of rally, and dramatic fall so far post the rally, makes it an interesting breakout retest stock (bit different from other breakout retest candidates)

Make or break level 70

#PB365

(86) BankNifty/Nifty ratio chart

At a very critical level

Self explanatory, keep watching closely

#PB365

(87) #SILVER

Trading in a parallel channel as of now

Important to hold the supports marked for next leg of rally higher

#PB365

(88) #LARSEN

At a very critical point now on monthly chart

Near upper trendline resisitance

#PB365

(89) #HindCopper

Approaching monthly support zone

Breakout & Retest candidate

#PB365

(90) #JindalStainless

Monthly breakout is done

Pullbacks are buying opportunity

#PB365

(91) #JindalSaw

Triangle on monthly chart

Break of range whenever happens would give huge move

Stock to track for coming months 👀

#PB365

(92) #RallisIndia

Earlier resistance now acting support on monthly chart

Entering demand zone

#PB365

(93) #GRASIM

Self explanatory

#PB365

(94) #MOIL

Had given an Inverse Head & Shoulder Breakout earlier

Currently retesting that breakout

#PB365

(95) #VEDANTA

The recent correction from 340 to 260 odd came right from its monthly resisitance zone, no wonder!

Once again proving prices do have memory!

#PB365

(96) NIFTY METAL VS NIFTY ratio chart

Took support at lower end of parallel channel

#PB365

(97) #ShreeCement

Prior resistance has now turned into support

Polarity!

#PB365

(98) #NBCC

Bouncing from key support post recent correction

#PB365

(99) #MindaCorp

Weekly Breakout & Retest candidate

#PB365

(100) #TVSMotor

500 turning out to be major level

Earlier resistance, now support!

#PB365

(101) #CIGNITITechnologies

Monthly Breakout & Retest candidate

#PB365

(102) #AmaraRajaBatteries

Trendline Breakout & Retest on weekly charts

#PB365

(103) #ZeeEntertainment

Approaching long term support area, keep an eye!

#PB365

(104) #OrissaMinerals

Breakout & Retest on Monthly Chart

#PB365

(105) #HemispherePropInd

Trendlines at play!

#PB365

(106) #DishTV

17-19 has been a major hurdle for the stock as seen in weekly chart

Approaching the hurdle now again, will it breakout this time? What's your take?!

All eyes on it.

If at all 17-19 is taken out, can give big move.

#PB365

(107) #KoltePatil

An Inverse Head & Shoulder Breakout underway.

#PB365

(108) #NeulandLabs

Breakout & Retest

#PB365

(109) #IdfcFirstBank

Trendline at play.

#PB365

(110) #GujaratIndPower

Earlier resistance, now could act as support.

#PB365

(111) #ManInfra

Breaking out on monthly chart

#PB365

(112) Nifty IT Vs Nifty Monthly ratio chart

Breaking out of 20 year old resistance

The outperformance of #IT stocks is here to stay in coming years looks like.

#PB365

(113) NIFTY PSU Bank Vs Nifty ratio chart

Polarity at play, bouncing from support zone!

#PB365

(114) #IndiaVIX

Trying to breakout from falling trendline on daily chart

Something that needs to keep an eye now on!

#PB365

(115) #NMDC

120-130 was a huge resistance since many years

We have a breakout above that band and now stock is doing retest

Any dips from here on could be good buying opportunity for investment.

#PB365

(116) #NazaraTechnologies

Breakout and Retest candidate

#PB365

(117) $APPLE

Moving in a rising wedge!

Not a good sign for the bulls.

#PB365

(118) #Bitcoin

Two key levels where a lot of action is happening in $BTC

#PB365

(119) #UBER

Bouncing from good support zone

Breakout and Retest

#PB365

(120) IndusInd bank vs Nifty

Ratio chart is near critical level now

Keep close eyes on how it behaves from here on

#PB365

(121) AuroPharma Vs Nifty

Ratio chart near weekly support zone

#PB365

(122) BankNifty Vs Nifty IT

Ratio chart near major support on monthly chart

#PB365

(123) ITC Vs Nifty

Ratio chart showing bounce from major support on monthly chart

The giant is showing all signs of outperformance in coming months.

#PB365

(124) #ONGC

Attempting a weekly trendline breakout

#PB365

(125) #COTTON

Attempting a long term breakout , cotton futures! Will it Breakout this time?

Watchout this space and also observe how cotton beneficiaries are shaping up.

#PB365

(126) GLENMARK Vs NIFTY ratio chart

Trying reversal from support zone, watchout!

#PB365

(127) #LTFH

Stock to watchout for if breaks out

#PB365

(128) #JSWSteel

Trading in a range simply!

#PB365

(129) #BPCL

Forming a wedge! Watchout for a breakout or breakdown whenever happens!

#PB365

(130) #MuthootFinance

Bullish Pennant breakout was done sometime back

Since then good consolidation has happened

Can resume rally again

#PB365

(131) #WAZIRX

Range narrowing down, setting stage for big move ahead , keep an eye!

#PB365

(132) #IndianBank

Triangle under formation

#PB365

(133) #KothariPetrochem

Triangle on daily chart, could give big move soon

#PB365

(134) #MARUTI

Breaking out of triangle on weekly chart, can give big move ahead

#PB365

(135) #UPL

Breakout & Retest setup!

#PB365

(136) #CNXPSUBANK

Triangle breakout on daily chart

Good upmove expecting in this space

#PB365

(137) #IndianHotel

Breakout on monthly chart

#PB365

(138) #GRSE

Stuck near resistance for few months now

Sellers not able to push it much down

Looks like will breakout, matter of time just, watchout! Get in once price action suggest breakout happening

#PB365

(139) #KiriIndustries

600 acting as strong resistance since 4 years

Watchout for a breakout once starts sustaining above 600!

#PB365

(140) Cnx Auto Vs Nifty

Moving in channel

#PB365

(141) #OrientCement

Breaking out of a triangle in daily chart

#PB365

(142) #BOSCH

Weekly breakout

#PB365

(143) #AdaniEnterprises

Triangle breakout on daily chart

#PB365

Typo, it's daily chart and not weekly *

(144) #StridesPharma

In Monthly support zone , good levels to enter for investment

#PB365

(145) #CIPLA

Moving in a range

Big move likely soon

Direction is not clear at this moment, watchout for hints that develop from here

#PB365

(146) #GravitaIndia

Monthly breakout

#PB365

(147) #DCMShriram

Double top on daily charts

Longs need to be cautious in short term atleast

Bounce if comes can be used to book profits

#PB365

(148) M&M

Price has a memory!

Super rally from 730 odd found rejection right near previous peak around 950-960

#PB365

(149) #BEML

Near critical level of 1600 where the stock is facing monthly resistance since 2007

A breakout above with good volumes can send the stock into unchartered territory

Watch for price action clues

#PB365

(150) #HdfcAMC

Approaching support zone 2650-2750 on weekly chart

#PB365

(151) #CanaraBank Vs #BankNifty

Weekly ratio chart has given range breakout after 10 months of consolidation

Outperformance has just begun looks like ✌️😍

#PB365

@shivaji_1983

(152) #JSWSteel Vs #NIFTY

Ratio chart is at support

It's doing Breakout and Retest on weekly chart

#PB365

(153) #BLUESTAR

Breaking out on monthly chart

#PB365

(154) #SBICards

Ascending triangle setup

Can give good upmove on breakout above 1160

#PB365

(155) #LUPIN

Approaching weekly support zone 805-850 where buyers may step in, watch this zone!

#PB365

(156) #AlembicPharma

Approaching monthly support zone

#PB365

(157) #CCLProducts

Monthly Breakout and Retest Setup

#PB365

(158) #LincolnPharma

Any further dip towards support zone marked (orange lines) is an investment opportunity

#PB365

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