Omkar Banne πŸ“ˆ Charts Speak Profile picture
TraderπŸ“ˆ Avid learner! Charts speakπŸ—£ I post π™˜π™‘π™šπ™–π™£ & π™¨π™žπ™’π™₯π™‘π™žπ™›π™žπ™šπ™™ π™˜π™π™–π™§π™©π™¨ | @KA_charts @chartians πŸ™πŸ» Views are personal | πŸ”΄πŸ…ΆπŸ…ΆπŸ…ΌπŸ†„πŸ”΄

Aug 31, 2022, 17 tweets

I have tried to analyse the stocks that were listed after 1 Jan 2021
&
Currently trading within 10% from their All-Time High.

You can track the performance of other IPOs as well,
πŸ‘‡
docs.google.com/spreadsheets/d…

#nifty50 #stocks #stockstowatch #StockMarket #ipo

1. MANYAVAR: 1287
ATH: 1325 (3%)

- Took support at 21 EMA
- Consolidating in a box near All-Time High

Resistance: 1325
Support: 1180

#manyavar

1/15

2. DATAPATTNS: 1067
ATH: 1098 (3%)

- Moved 32% in just 4 days
- Rounding pattern breakout

Resistance: 1095
Support: 1015

#datapattns

2/15

3. VENUSPIPES: 408
ATH: 420 (3%)

- This is a 120mins chart

- Cup & Handle pattern breakout from the IPO base

- Trading inside the mother candle formed on 10 Aug

Resistance: 420
Support: 390

#venuspipes

3/15

4. RAINBOW: 611
ATH: 635 (3.5%)

- Inverse Head & Shoulders pattern breakout from the base
- Moving sideways after jumping 28% in 3 days
- Made a new All-Time High in the last trading session

Support: 590

#rainbow

4/15

5. PARADEEP: 54
ATH: 56 (3.5%)

- Stock has been consolidating after a good accumulation

Resistance: 56
Support: 48

5/15

#paradeep

6. HOMEFIRST: 970
ATH: 1005 (3.8%)

- Stock is making Higher Lows during consolidation

Resistance: 980
Support: 900

6/15

#homefirst

7. HARIOMPIPE: 274
ATH: 288 (4.6%)

- Stock moved 29% in 3 days and has been moving sideways in a box pattern

Resistance: 284
Support: 250

7/15

#hariompipe

8. CAMPUS: 494
ATH: 518 (5.6%)

- Consolidating in a box near All-Time High with dried volumes
- It has hardly closed below 10 EMA in the last 2-3 months- shows a strong uptrend

Resistance: 518
Support: 460

8/15

#campus

9. VERANDA: 303
ATH: 319 (5.9%)

- Moved sideways for 3-4 months after a series of Upper Circuits just after listing
- Took support at 50 EMA multiple times

Resistance: 319
Support: 270

9/15

#veranda

10. ROLEXRINGS: 1855
ATH: 1970 (6.4%)

- Traded sideways for 8-9 months after listing

- 1st breakout was seen 3 months back- a box breakout

- Again consolidating in a box near All-Time High

Resistance: 1900
Support: 1730

10/15

#rolexrings

11. APTUS: 360
ATH: 395 (8.3%)

- Started trading above 200 EMA

Resistance: 395
Support: 324

11/15

#aptus

12. KALYANKJIL: 82
ATH: 90 (8.9%)

- 200 EMA has been crucial for this stock
- Ready for 52-week breakout

Resistance: 90
Support: 74

12/15

#kalyankjil

13. ANANDRATHI: 657
ATH: 721 (8.9%)

- Trading in a box for 5 months
- Taking support at 100 EMA during consolidation

Resistance: 690
Support: 610

13/15

#anandrathi

14. HPAL: 458
ATH: 505 (9.1%)

- Low volume pullback to the support

Resistance: 475
Support: 430

14/15

#hpal

15. SAPPHIRE: 1342
ATH: 1540 (9.4%)

- It showed a strong up move in the 2nd half of the last trading session
- Inverse Head & Shoulder pattern is visible

Resistance: 1345
Support: 1210

15/15

#sapphire

A few other stocks are not trading within 10% from All-Time Highs but looking good on the chart and may give a breakout,

SJS: 482
AETHER: 864
TARSONS: 769

My favourite out of these are,
MANYAVAR
PARADEEP
HOMEFIRST
ROLEXRINGS

@chartians please have a look at these IPO stocks🫑

Share this Scrolly Tale with your friends.

A Scrolly Tale is a new way to read Twitter threads with a more visually immersive experience.
Discover more beautiful Scrolly Tales like this.

Keep scrolling