Over the past month, we've seen agricultural commodities catch a bid as they break out of overhead supply zones and long-term consolidations.

We're tracking some commodities that have been witnessing a sharp move and demand to be noticed. So let's dive right in!

Mustard has been on our radar for some time and a fierce move has come through over the last ten days. The price has absorbed all overhead supply and is zooming away as we speak. The price has been in a sideways trading range for more than seven months and is now on the move. The indicator is in bullish momentum territory, looking good for a move towards 7,900.

We are bullish above the level of 6,200 with a target near 7,900.

Click on chart to enlarge view.

We debuted a new scan recently which goes by the name- All Star Momentum.

All Star Momentum is a brand new scan that pinpoints the very best stocks in the market. This time around, we have incorporated our stock universe of Nifty 500 as the base. Among the 500 stocks that we follow, this scan will pump out names that are most likely to generate great returns.

While we go through our lists of sectors and stocks on a weekly basis, we thought of launching a product that would highlight the names that are the strongest performers in our universe and those that are primed for an explosive move.

Just like The Outperformers scan, this is a list of stocks belonging to the sectors that display relative strength in the market at any given point in time. Since sector rotation is the lifeblood of a bull market, we will be ahead of the curve before the gears keep shifting.

We've spoken about how Chemicals have been performing well for over two weeks. In a post we published in March-end, we highlighted some actionable ideas that were looking good from a risk-reward perspective.

Turns out, this segment has been continuing to display strength and we're seeing some more stocks joining the bullish reaction in this space.

You can access our earlier post here and check out all the ideas we've been tracking.

Let's take a look at Navin Fluorine. The price has moved past its resistance at 2,700 and is headed towards its next target of 4,010. With the indicator placed in bullish momentum and the sector performing well as a whole, we can expect a good move in this particular stock going forward. A strong name in this sector, Navin fluorine has broken out after a consolidation of almost five months.

We are bullish above the level of 2,700 with a target near 4,010

Click on chart to enlarge view.

We retired our "Five Bull Market Barometers" in mid-July to make room for a new weekly post that's focused on the three most important charts for the week ahead.

This is that post, so let's jump into this week's edition.

We debuted a new scan recently- The Outperformers.

The Outperformers is our newest scan that pinpoints the very best stocks in the market. It’s the fastest, easiest way to find quality names that are primed for major moves.

The goal is that as the market rally progresses, the sector rotation within the market will reflect in this scan. So while our Top/Down Analysis helps us with the broader view of the market, this Bottom/Up scan makes sure that we catch the slightest change in sentiment.

Over the past couple of weeks, we've noticed strength building in the Pharmaceuticals sector. The index has bounced off its support and is now attempting to resume its prior positive trend.

This resumption has come after a substantial pause and hence we thought we'd do a quick round-up of the stocks that are looking good at the moment.

Laurus Labs was one of the major gainers in the bull rally in 2020 following which a sideways move meant that the stock was dormant for almost six months! Last week the price broke above its resistance and the momentum seems to be alluding to strength in the weeks ahead too. This is more of a target update for those looking for the next levels of overhead zones.

Laurus Labs is bullish above the level of 350 with a target near 530.

Click on chart to enlarge view.

We have been discussing how the market has been moving in a sideways range for almost two months now. With a trading range comes a lot of confusion. The sharp decline in the market today took the index towards the lower end of its trading range.

Should we be worried about the ensuing move? Let's find out.

This week we're looking at a long setup in the Chemicals sector. When more analysis processes point in the same direction, that direction becomes hard to ignore.

We have one such stock for this week's actionable idea.

We retired our "Five Bull Market Barometers" in mid-July to make room for a new weekly post that's focused on the three most important charts for the week ahead.

This is that post, so let's jump into this week's edition.

We have some good news! We are debuting another new scan for Premium Members of All Star Charts India. As we go forward, we will introduce several new features for our members, but for now, the second scan has just dropped!

Introducing the new scan- All Star Momentum.

All Star Momentum is a brand new scan that pinpoints the very best stocks in the market. This time around, we have incorporated our stock universe of Nifty 500 as the base. Among the 500 stocks that we follow, this scan will pump out names that are most likely to generate great returns.

While we go through our lists of sectors and stocks on a weekly basis, we thought of launching a product that would highlight the names that are the strongest performers in our universe and those that are primed for an explosive move.

Just like The Outperformers scan, this is a list of stocks belonging to the sectors that display relative strength in the market at any given point in time. Since sector rotation is the lifeblood of a bull market, we will be ahead of the curve before the gears keep shifting.

This is the video recording of our April 5th, 2021, Monthly Charts Strategy Session.

Here is the video in full: