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Transindia Real Estate Ltd. has been moving in a rising channel since its demerger from Allcargo logistics in the month of Aug'23. It took resistance from upper line of the channel after hitting an ATH of 60.5. Proper Breakout candle is formed today i.e. on 24th Apr'24. It is very likely that price may retest the ATH, thereby forming a new ATH of 62.8 before...

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Investment Logic: It is a leader in Biosimilars. In the past Biocon Biologics had acquired the biosimilars business from Viatris. Now, it has successfully concluded the transition of the acquired biosimilars business from Viatris in 120 countries. Thus market share gain in biosimilars will bring healthy operating cash flow. signed a partnership agreement with...

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After reaching an ATH of 1588.40 in Jan'18, MOTILALOFS corrected by approx 73% to reach a low of 426 in Mar '20, followed by an upward journey to 1188 and then corrected. In the process it formed a falling wedge pattern. The scrip broke out of the wedge pattern in the month of Oct'23 rising 33% in last two months.

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Keltech Energies is a part the 100 year old USD 300 Million Chowgule Group.Keltech is a global professional in industrial explosives. It is a globally preferred technology provider in the area of low temperature cryogenic insulation. It is engaged in manufacture of perlite blocks, perlite and Diatomite filter aid products. It has its filter aid manufacturing...

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MARKSANS was trading within an ascending channel since Nov '2005. It broke out from the channel in the ongoing month of Nov '23 forming a large bullish candle on a monthly time frame, rising approximately 51%. The Stock rose nearly 11.88% today hitting an All Time High of 165.

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AHLUCONT traded within a rising channel for almost 10 years till Mar '2020. It then took support at the lower end of the channel in Apr '20 rising from a low of 136 to CMP of 852 (gaining 525%) to form an ascending channel. The stock has also broken out of the succeeding channel rising 25% in the ongoing Month of Nov'23 itself forming a large bullish candle.

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The scrip was trading below multi-year resistance trendline. The scrip gave a breakout from the trendline forming a large bullish candle on a weekly time frame. The Stock rose nearly 4 percent in last two days hitting a new 52W high. Bosch is trading higher than 5 day, 20 day, 50 day, 100 day and 200 day moving averages. One can 'go long', after the stock...

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After a 12 years long consolidation phase which began in Oct '2008, Praj Industries broke out in the month Mar '21 and rose from a low of 152 to a high of 407 before trading in a range to form an ascending channel pattern. After a failed breakout in Sep '23, the scrip has successfully broken out of the ascending channel rising 15% in the ongoing month of Nov...

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BEML was trading within an ascending channel since 2006.It gave a breakout from the channel in the ongoing month of Jul'23 forming a large bullish candle on a monthly time frame returning nearly 25%. The Stock rose nearly 11% today hitting an All Time High of 2056.55. Stop Loss: 1659 (daily closing basis) Fundamentals: BEML is Asia's second-largest manufacturer...

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The share jumped 9.25% on December 12, 2022 to touch a 52-week high of Rs 374.90. It then fell by nearly 19% to a low of 304.55. It took support from lower support trendline of the rising wedge to reach CMP of 356.70 rising 17.12%. The stock is trading above all short term and long term moving averages. An inverse Head and Shoulders kind of pattern can be...

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Deepak Fertilisers reached an ATH of 1062 in the 3rd week of Oct'22 and then corrected by approximately 52% to reach a low of 512.40 in Mar'23. It took support from the base of the triangle pattern and resumed uptrend. On 1st June'23, the scrip succesfully broke out of the triangle pattern reaching a high of 570, followed by 1 month of consolidation.Last...

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PCBL reached an ATH of 159.40 in Jan'18 before falling by 83% to a low of 27.05. It again rose to a high of 153.75 in Sep'22 and thereafter fell to a low of 108.70. In the process it formed a perfect Cup & Handle pattern on daily charts. Since, 2018 it was trading below multi-year resistance trend line.It has given from cup & Handle pattern on 14th Jun'23, forming...

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BPCL broke out on monthly chart after 8 years of consolidation. Market Sentiment is very bullish. - A play on Green Hydrogen and Compressed Bio Gas. - Attractive Valuation - OMCs are rallying.

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Delhivery will be a beneficiary of PM Gati Shakti National Master Plan (Capacity Building in Logistics Sector). Fundamentals: delivered highest ever Operating Profit of 109 Cr in Q3 FY24. The company turned profitable with a positive profit of Rs.12 Cr against loss of 73 Cr in same qtr last year. ~50% incremental gross profit in transport business Revenue...

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The stock reached ATH of 314.55 on 9th June 2014. It then fell by almost 84% to reach 50 on 13th Mar 2020. It took support at the lower trend line to reach high of 194.95 on 8th Mar 2022. It faced a correction of almost 38% reaching a 52W low of 119.85. on 6th July 2022. Recently, it took support from lower end of the channel rising nearly 33.62% in 9 months....

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RBL Bank reached an ATH of 716.4 in May'19 and corrected approximately 90% to reach 74.15 in the month of June 2022. It then took support at lower trend line of the wedge and rose by 255% in 7 months i.e. till Jan'23. Since then the price has been hovering near the upper trend line (resistance) of the wedge. Risky Traders Entry: Only above 176 (daily closing...

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The scrip was trading below multi-year resistance trend line since 2008.It gave a breakout from the trend line on 24th Jan'24. It formed a large bullish candle on a monthly time frame returning 16% in JAN'23 and nearly 99.5% in last 12 months. The Stock rose nearly 3.30% today hitting an ATH of 2442 which is also a 25-Year High. Stop Loss: as per risk...

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After reaching a high of 625.80 Great Eastern Shipping Co. entered a consolidation phase which lasted for 15 years. After a failed breakout attempt in Nov'22, GESHIP broke out of consolidation in Mar'23 rising from levels of 532.25 to a closing price of 847.20 in Oct'23 generating 59% returns in last 8 months.