Aegischem is trying to give ATH breakout with cup and handle pattern Stock has risen after a bear trap. A breakout here will open new highs for the stock. Stock has decent fundamentals to support
ABCapital which is the finance company of Aditya birla group is available at an amazing valuation. Stock has given a flag breakout last week with volumes and on road to complete its rounding bottom pattern. If the stock breaks out from pattern, we can see an amazing rally of around 50% in the stock. If Nifty Bank crosses 48000 next week, this stock should move...
Dilip buildcon has given a monthly breakout from cup and handle pattern and is looking good for a reversal trade. If you trust India's infra story, this stock should be in your portfolio considering its bettering fundamentals. For short term traders, currently stock is not showing any bullishness but can give good move if Q4 2024 results are positive.
SAIL is on the verge of giving big monthly breakout from trendline. It is one of the few PSU stocks which have not shown rally in past couple of years. We can expect huge upside in this stock given the improved profitability and efficiency of the company. Definitely a must have stock in portfolio if interested to invest in metal sector. However, metal sector is...
If you are a pattern breakout trader, you will definitely love this idea! Supriya life science has given a good breakout from inverted head and shoulders pattern and is looking strong for a reversal. Stock can test ATH levels soon and might give bigger targets in future. Stock should give weekly closing above 400 for confirmation. Safe traders must wait for...
MapmyIndia is one of my favourite stock among small cap IT sector which has now done a breakout retest and is available at an amazing price. If stock gives weekly closing above 1900, we will see ATH levels soon. However, I expect bigger targets from stock as given on chart. A very good investment stock as well since the company provides API solutions as a...
ICIL is a good investment stock forming a beautiful cup and handle pattern in multi year time frame. Once ATH is broken, we can see big and quick move in this stock. Long term investors can look for 2x returns as well.
Devyani is looking a good candidate for support bounce Logic:-Stock is trading in channel. The price action is impressive but a confirmation is not still visible. The stock has delivered poor results and is available at PE multiple of 138x. Only risky traders should be interested in this.
Dmart has been consolidating in an ascending triangle pattern since it had tested its strong demand zone of 3200-3300. Stock managed to give a weekly closing above the resistance of 4200. It is a high risk, high growth stock, so trade accordingly. Valuation at current price is not good for investing. Stock can touch ATH if we see a bullish market again.
CDSL has been in an amazing bull run since last 2 years because of the growing investment in Indian stock market. Stock has formed a beautiful inverted head and shoulders pattern near ATH. A breakout of the pattern will bring more bullishness in the stock. I would rather prefer adding on dips than having a close SL in such stocks.
The stock IIFL finance has recently crashed post news release of RBI debarring the company from sanctioning and disbursing fresh gold loans. However, such news based falls are good opportunity for long term investors to accumulate. Short term traders can also be interested in this stock since it has started some recovery. The stock can show sudden spike like the...
Solara is a loss making pharma company which has been consolidating in a tight range from last couple of years. If stock sustains above 500, we might see quick movement like the one we saw in Wockhardt & SPARC. Company doesn't have good fundamentals, so keep it as a trading position and less amount if you want to.
A beautiful rounding bottom breakout is seen in Repco home finance which can bring a big bullish momentum in this stock. Stock has given weekly closing above 500 which is a big positive. Lets see what is unfolding in the stock. I am expecting a blasting move. Do follow me if you like my ideas.
Som distilleries has retested a strong support zone and has formed strong bullish pattern in weekly time frame. If bullishness continues, we can expect 2x returns from this stock in medium term.
Suryoday has given a good breakout of cup and handle pattern A weekly closing above 200 can be a good signal that ATH levels can be seen soon. Stock is available at a very good valuation. I had seen such breakout in Spandana which had blasted after breakout.Expecting a similar move here.
DCB bank is close to a multi year breakout. Once stock closes above 500, big targets can be expected. Short term momentum traders can set a target of 500. A good private sector bank with bettering fundamentals.
SMCGlobal is a small cap company which is involved in broking related activities. As we know, share market industry has big potential, this company has big scope to grow exponentially. Technically, stock has given ascending triangle breakout and has completed retest of same. Risky investors should not miss this opportunity of making multibagger returns. Stock is...
Lauruslabs has given a good breakout of trendline and horizontal resistance with volume. Stock is looking strong for a reversal and can fly towards ATH if market supports. Keep in watchlist.