Buy coal india 481 for 510 to 540. All time high breakout and retesting support levels. Good swing and momentum trade with good risk reward ratio. Invalid below 471 on closing basis.
MANALI PETCHEM 80 (W), after series of contraction is now set for price expansion. stock is breakoing out from ichimoku cloud with volumes backing up. Medium to long term investor can look for 150/160 range, almost 2x from cmp. Invalid below 60 closing on weekly basis
Buy EID PARRY 686 till 620 for 700/820/860. Classic Cup and handle breakout happening in EID PARRY. View invalid below 590 on weekly closing basis.
Buy Sudarshan chemical 830 till 770 for 890/965 and 1050 in short to medium term. Invalid below 725 on weekly closing basis. All time high breakout happening in the sector which is mostly the laggard sector. Their chemical is in big demand after closure of many global plants.
Buy ABSL AMC at the breakout of 535 on weekly charts for target of 700 at least. Good CUP&HANDLE breakout happening on daily, weekly charts. Stock has taken support 200ema and now ready to bounce with volumes. Invalid below 500-505 range on weekly basis.
Buy ICICIPRU 612-620 for 650/720 as short to medium term trade. Keep stop below 597 on closing basis. Short term breakout above 610-615 levels happened and sustaining
SBI LIFE 1350, witnessing classical inverted head and shoulder breakout on weekly charts. Target can be 1450 to 1520. invalid below 1280 on weekly closing basis. Entry should be above 1350 on weekly basis
BUY SML ISUZU 1080, till 950 for 1180,1300 and 1620. Weekly charts suggesting perfect rounding structure heading towards its previous all time highs. Volume data after strong results suggesting good trading and investment returns for taken. Invalid below 920 on weekly closing basis.
Buy ICIL (W) 350, fantastic cup and handle breakout at 320 levels and moving towards 435 to 520. Invalid below 260 on weekly closing basis.
TFCI, 81, on verge of weekly breakout above 83 range. Above breakout we will see 105-120 range as technichal target. Invalid if falls below 75 range on weekly closing basis
BUY SML ISUZU 2099 till 1800 for 2500 and 2800. Multiyrbreakout with volumes are there. buy dips till 1800 and keep stop below 1700 on WCB. Target coming with fibonacci extensions.
BUY ASSOC ALCOHOL 560 for 600 to 720 in medium term. Good inverted head and shoulder pattern breakout happening.
Buy Tata Steel 145 for 155 to 180. Perfect VCP pattern with gradual higher high formation nearing all time high breakout. Good fundamentals are there in TATA STEEL
NLC INDIA, 170, is sustaining after breakout of 135 weekly/monthly range with volumes. Stock likely to test 210-240 range. Use dips till 145. invalid below 135 closing on weekly basis
NCC (M), CMP 129 is nearing to higher resistance of 140, after breakout we have next resistance at 220 to 240. Fibonacci extension also showing 215 levels. Wait for price volume action breakout.
Buy Engineers india ltd, EIL 98, for 125 and 200 in medium to long term. Highest weekly volumes in last 20years showing signs of big movement likely to happen. Invalid below 75 on weekly closing basis. All PSU stocks are getting re rated and now EIL getting ready for turnaround for bigger returns
buy shemaroo (w) 190 for 230/250/275. Good price volume breakout happening. BUY on dips till 170 with stop below 140 on weekly basis
ANTONYWASTE HANDLING (W) 530, has given good weekly breakout above 470 with volumes. With govt focus on cleanliness, there is sound budget allocation on this sector might come. buy on dips for 620 to 700 levels. View invalid below 460 on weekly closing