Indian Hotel has formed a double bottom pattern which is a reversal trend. We can see the price moving towards 600-622-660. Other factors: 1. See today's volume candle, buying has started 2. RSI is moving above and should be above 60 shortly showing a bullish trend 3. MACD is becoming green 4. Price has moved above EMA20 which is a good bullish sign "Clean...
Exide Industries has reached ATH. We can expect the price to move towards 575-700. Other factors: 1. Volumes are increasing 2. RSI is above 60 showing bullishness in stock 3. MACD is becoming positive 4. Highest TTM net profit "Clear Charts, Easy Charts" Learning & Earning!!! Cheers!!
Apollo Tyres is trying to break the channel. Once it breaks we can expect the price to move to 750+. Other factors: 1. Apollo Tyres is an upward channel on a longer time frame and is doing a price correct on a shorter time frame. 2. Keep monitoring RSI, once above 60 will give a rocket move 3. MACD will improve as the price moves up 4.Best YOY...
Marico is making a cup and handle & a rectangle pattern on weekly time frame. Once breakout is done, we can see levels of 760-800. Keep monitoring and once breakout is done, we can see quick moves given FMCG sector is go-to sector now. Other factors: 1. Volumes have increased substantially, pls see weekly volumes 2. RSI is above 60 3. MACD is becoming positive...
ABB India is making a flag and pole breakout. We can see stock moving towards 5500 on breakout of 4930 towards 5500. Other factors: 1. RSI is above 60 2. Buying volume is high 3. MACD should become positive once we see breakout Strategy is to get in the trade on breakout. "Clean Charts, Easy Charts" Learning & Earning!!! Cheers!!!
PFC has just broke pennant set-up and ATH is 430. Once 430 is crossed, we can see a movement towards 550. Other factors: 1. Volumes have started picking up 2. MACD is getting positive 3. RSI is showing bullish signs 4. TTM revenue is highest ever, so is PAT 5. Given the Govt expansion plans, we can see PFC playing a major role. "Clean Charts, Easy...
REC has shown pennant breakout. We can expect the price to move to 575-600+. Other factors: 1. Volume has started picking up again 2. RSI is bullish 3. MASD is showing bullish signs 4. Highest TTM revenue and profits "Clean Charts, Easy Charts" Learning & Earning!! Cheers!!!
Mahindra Lifespace is making Cup & Handle Pattern. One embedded in another. We can expect the price to move to 700-850+ as we see breakout happening. Other factors: 1. RSI above 60 showing bullishness 2. MACD is bullish 3. Big buying volume candles 4. Expecting real estate to do well "Clean Charts, Easy Charts" Learning & Earning!! Cheers!!
BASF is making cup and handle pattern. We can expect price to move towards 4500+. Other factors: 1. MACD is becoming positive 2. RSI is above 60, showing bullish sign 3. Volume is steady "Clean Charts, Easy Charts" Learning & Earning!!! Cheers!!
Hudco is showing great strength. We can expect price movement to 350+. Other factors: 1. RSI is positive 2. MACD is becoming green 3. Super spike in Volume 4. Channel breakout down closed "Clean Charts, Easy Charts" Learning & Earning!!! Cheers!!!
Castrol India has given breakout of cup and handle pattern on weekly time frame. We need one more confirmation (pls refer my other charts to refer when we can state a confirmed confirmation). We can expect the price to move to 215+. Other factors: 1. Volume candle: pls see last weekly candle, big buy has happened 2. RSI on weekly basis is above 60; bullishness 3....
Motherson has made a cup and handle breakout and a flag and pole pattern. We have a breakout and we can expect price to move to 145. The beauty is if you see the target price - whether by way of cup and handle breakout or flag & pole pattern - we have same target. Other factors: 1. RSI is above 60 2. MACD is positive 3. Volume is increasing, see breakout volume...
Ageis Logistic is forming 2 formations - cup and hand & head and shoulder on weekly basis. Short Target of 450 and we can expect a long term target of 600+. Other factors: 1. RSI is improving, sustainable above 60 will make it bullish 2. MACD is positive 3. Volumes is increasing 4. Highest ever TTM Net profit "Clean Charts, Easy Charts" Learning & Earning!! Cheers!!!
Godrej Properties is making a head and shoulder in a large time frame (consolidation) for a target of 4000+. For a short-term it has broken pennant pattern for a target of 3000+. Other factors: 1. RSI will be improving 2. MACD is becoming positive 3. Double pattern formation "Clear Charts, Easy Charts" Learning & Earning !!! Cheers!!
Glenmark making head and shoulders on a bigger and smaller timeframe. Moving towards a target of 1100+. Other factors: 1. RSI moving up 2. MACD becoming positive 3. Volumes steady "Clean Charts, Easy Charts" Learning & Earning!! Cheers!!!
Atul Ltd. can show us a target of 8900 -11000. using the concept of fibonacci retrace-ment, it has taken support from 61% on weekly time frame. Keep a watch for a 40%-70% rise. Other factors: 1. We have a weekly downward trendline. Let the stock breaks that treadline which should be ~6500 price. 2. Volumes have again started picking up 3. RSI was on oversold...
TVS Motors has. made a double bottom and has also broken the downward trendline. We can expect the price to move towards 2500+. Other factors: 1. RSI is improving, once it moves above 60, a good bullish sign 2. MACD is improving 3. Volumes are steady 4. Highest TTM sales, operating profit & Net profit 5. Sales growth by 23% in Jan'24 month "Clean Charts, Easy...
Pidilite Industries has broken cup & handle pattern. looking for a target of 3400+. Other factors: 1. MACD has become positive 2. RSI is above 60; showing bullishness 3. Fundamentally, highest TTM sales and profitability "Clean Charts, Easy Charts" Learning & Earning!!! Cheers!!!!