ASI - Trending up Channel within a Channel

ASI - Trend continuation continues. But trending up hinting a break out. Will that happen? Lets see....

KAPI - Start Collecting

KAPI.N.0000

Start collecting. As the consolidation is in tact, trend resumption can happen soon.

My previous chart (01.07.2017) is below:
KAPI - worth keeping an eye on

ASI - Uptrend Started....63 points gained within 2 days

My last post on ASI, I mentioned that it is trending or was in a trend continuation for almost 30 days. Infact it lasted for  33 days averaging a meager 2.7 points a day. That's history now. On friday(yesterday) the index moved over 63 points whilst intraday it was a 44 points gain. This is a strong move, seen all around. During the day it punched a high of 6754, thus wiping out the previous high of 6747, that had to be broken to resume the uptrend. The close was exactly 6747, which is another bullish development. All in all THE ASI SHOULD EXTEND IT'S UPTREND. Where can it go upto? one might ask, I'd say the 1st is 6800, and WON'T be surprised to see 7000 kissed in the least during the month of July. Remember that July had been a friend of the bulls in the past 2 years as well.

CFVF - may trend within a 19% range

CFVF nearly checked the pivot of 29.20 today when it hit a low of 29.50. It would ideally trend within a 19 to 20% range before moving higher. This will happen with good profit growth expectations. Otherwise there wont be opportunities in this counter.

DPL - consolidating within a triangle

DPL watch the RSI to initiate a move.

JKH - poised to break 180

JKH moved very strongly during the week. The strong accumulation is helping the bulls to increase their expectations. Need to break 180 with a support between 170 and 175.

BPPL - new support 14.90, heading higher

Keep an eye on the support at 14.90 and the 9sma at 15.20. As long as the price line is above these, happy trading to all ☺☺☺