Omkar Banne ๐Ÿ“ˆ Charts Speak Profile picture
Aug 31, 2022 โ€ข 17 tweets โ€ข 10 min read โ€ข Read on X
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,
๐Ÿ‘‡
docs.google.com/spreadsheets/dโ€ฆ

#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 stocks๐Ÿซก

โ€ข โ€ข โ€ข

Missing some Tweet in this thread? You can try to force a refresh
ใ€€

Keep Current with Omkar Banne ๐Ÿ“ˆ Charts Speak

Omkar Banne ๐Ÿ“ˆ Charts Speak Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @OmkarBanne

Apr 6
๐Ÿ‘‰ Here are 10 must-have Google Chrome extensions to supercharge your Trading Experience

All of them are free ๐Ÿ˜‰

Don't miss the 'Bonus' at the end โšก๏ธ
1โƒฃ Kite Zerodha Alert Plugin

๐Ÿ”˜ Set real-time alerts while trading on Zerodha,

๐Ÿ”˜ Get notified on Telegram instantly ๐Ÿค

Link๐Ÿ‘‰ rb.gy/2lh10dImage
2โƒฃ OptionTrader

๐Ÿ”˜ Discover OptionTrader by Soance, your go-to option chain analytics tool

๐Ÿ”˜ Analyze any option chain with ease

๐Ÿ”˜ Plus, uncover new shortcuts and easily switch between NIFTY, BANK NIFTY, and USDINR charts

Link๐Ÿ‘‰ rb.gy/o59o5fImage
Read 9 tweets
Nov 25, 2023
๐Ÿ“ˆ Eyes on these 3-week Tight Close stocks for the upcoming days

I have selected 4 stocks from 18.

๐Ÿ’ก Let's uncover those potential opportunities

โœ… Chartink screener at the end of the thread Image
โšก๏ธKAYNES: 2450

- Launchpad setup

- Clustered EMAs

- Multiple narrow-range candles in recent weeks

โœ… Daily IB

๐ŸŸข 3WTC pattern breakout level: 2550 Image
โšก๏ธVOLTAMP: 5168

- The stock bounced >20% after earnings and has been facing resistance near 61% Fibo zone

๐ŸŸข 3WTC pattern breakout level: 5426 Image
Read 7 tweets
Aug 8, 2023
๐Ÿ“Š Exploring the world of trading indicators

Curious about VWAP, MVWAP, and AVWAP ? ๐Ÿค”

Let's dive into the differences between these volume-weighted average price variants and see how they can supercharge trading ๐Ÿ”‹

โœ… TradingView Indicator

โœ… Zerodha Indicator https://t.co/weMHLSINMgtwitter.com/i/web/status/1โ€ฆ
Image
โœจ VWAP

๐Ÿ–Š๏ธ Volume Weighted Average Price

- One of the simplest indicators

- It gives traders an overview of the stock's trading activity for the day

- It's a line that starts new on every trading day
.
.

๐Ÿ‘‰ How to calculate VWAP

VWAPย  = ฮฃ (Price * Volume) รท ฮฃ (Volume) Image
๐Ÿ‘‰ How to use VWAP

- VWAP is mainly used for intraday trading

- VWAP is used to determine intraday direction.

- If the price is below the VWAP, the perception is that the intraday trend is Bearish

- If the price is higher than the VWAP, it is said that the stock is Bullish
Read 14 tweets
Apr 2, 2023
๐Ÿ†• Let's start the new financial year by analysing major sectoral indices

โšก๏ธ In this small thread, we will see how major indices are placed on the chart.

Let's start with NIFTY, Image
1โƒฃ NIFTY : 17360

- The benchmark index delivered ~150% from COVID lows (7511-18604)

- Then it corrected ~18% (18604-15183) and went on to make a new All-Time High (18888), ~24%

- A small correction of ~10% took place last year

- The index found the support near the swing Low Image
2โƒฃ BANKNIFTY : 40609

- After returning ~160% (16116-41830) from the COVID low, the index corrected to the 38% Fibo level

- Traded below 200 EMA for 2 weeks and bounced back strongly

- Outperforming NIFTY

- 38700 remains a very crucial level to resume the next leg of up move Image
Read 15 tweets
Dec 15, 2022
Mark Minervini's rules๐Ÿงต

๐Ÿ—’๏ธThe renowned Trend Template that Mark Minervini uses states that a stock should fulfil 8 requirements in order to be classified as being in a Stage 2 uptrend

โœ…Chartink screener at the end

1/8

#Nifty #banknifty #stocks #StockMarketindia
1. The current stock price should be within 25% of its 52-week high

2. According to his book, "Trade Like a Stock Market Wizard," the current stock price should beย at least 25% higher than its 52-week low

3. The current stock price should be above the 50-day moving average

2/8
4. The current stock price should be higher than both the 150-day & 200-day moving average

5. The 50-day moving average should be higher than both the 150-day and the 200-day moving averages

6. The 150-day moving average should be higher than the 200-day moving average

3/8
Read 8 tweets
Sep 11, 2022
I was scrolling through the Twitter timeline of @chartians , and I came across lots of insightful & informative threads that I had missed earlier.

Keeping all these threads in one place!

Here is the compilation of all threads,

#nifty50 #StockMarketindia #nifty
30 Jan 2021,
One of the first threads by @chartians ,

๐™Ž๐™ฉ๐™–๐™ง๐™ฉ ๐™ž๐™ฃ๐™ซ๐™š๐™จ๐™ฉ๐™ž๐™ฃ๐™œ ๐™ฉ๐™ค๐™™๐™–๐™ฎ.

14 June 2022,

๐™’๐™๐™ฎ ๐™„๐™ฃ๐™™๐™ž๐™–๐™ฃ๐™จ ๐™™๐™ค๐™ฃ'๐™ฉ ๐™ž๐™ฃ๐™ซ๐™š๐™จ๐™ฉ ๐™ž๐™ฃ ๐™จ๐™ฉ๐™ค๐™˜๐™  ๐™ข๐™–๐™ง๐™ ๐™š๐™ฉ

Read 47 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

:(