As this stock was added to MSCi Index on 30th November, we observed an extremely high volume buying with a significantly smaller candle, which indicates an significant inflow of funds from Institutions and key players tracking the index.We can expect more buying happening in this stock in coming days if it closes above 2,900 in today's trading session...
Classical Cup and Handle Breakout in Bharat Heavy Electricals Ltd
Fundamentally this is one of the undervalued stock in the Capital Goods - Electrical Equipment sector which comes under Electric Equipment industry.
52 week high also broken and candle closes above that level with marubozu candle supported by volume.
Target are mentioned in the chart.
Stop loss...
NSE:LAXMIMACH
The prices have given the breakout from the previous high and made 52 week high on the weekly chart. The prices are trading above the moving averages which shows bullishness. The MACD is also bullish. The RSI is above 50 which shows good momentum. This view is for 6 to 12 months. The Target and SL is shown on the charts.
Disclaimer : This is my...
Entry: 87-88
Stop loss on closing basis : 83.5 (for aggressive traders) & 80 (for conservative traders)
Target : 116-120
Notes:
Stock made 52 W high with good volumes
Retest with declining volumes
NSE:INGERRAND
There is a Breakout in INGERRAND. The prices are trading above the moving averages which shows bullishness. The stock as made new 52 week high, which is another sign of bullishness. The RSI is above 50 level which shows good bullish momentum. My view for this stock is for positional i.e. 1 to 6 months. The Target is around 2400 levels and the SL is...
ALLCARGO LOGISTICS LTD GOOD FOR SWING TRADE
cup and handle pattern breakout with volume breakout
stop loss =375
buy= 418.65
1sttarget =458
2nd target =499
Exit if break down 55 moving average. Anyone can long position in this stock this stock in on 52 weak high most probably chance to giving better returns.
NSE:ASAHIINDIA
ASAHIINDIA has given a breakout and has made a 52 week high after 6 months of correction. The volume is also high on the breakout. The MACD has also given a bullish signal. The price is trading above the moving averages which shows bullishness. The RSI is also trading above 50 which shows good momentum. This view is for long term as the price is...
We can observe that the price has successfully closed above the previous 52 Week's high price which was a major supply zone and the price has reversed from that zone couple of times. Increased volume gives confirmation for zone breakout. The stock has the capacity to make nearly50-60% up move in the coming days.
Trade set-up
1) Ideal entry price would be...
Today My Last stock to pick is Thermax. So This stock crossed 52 week High price and Closed. This shows stock has bullish sentiment.
To add further strength it breaks out trendline resistance also. I think its a far price from both trendline and 52W high, So if I got a chance, I will invest in this stock on either trendline or at 52W high point.
Entry @ 2385-...
PVR has successfully broken the all-time high price of 2086, with considerable volume. Prior to this, the stock was moving in a channel for almost 2 years. Now, this has been broken along with an all-time high. If the candle next to the breakout manages to close above 2170, we can expect a sharp upside move in the coming days.
About its fundamentals,
PVR...
Hi viewer, hope you are doing great.
I am super bullish in this stock because it looks like flag and pole, if it breaks channel on the upside then, 52 week high will be achieved shortly and trail stop loss for more targets.
And your stop loss will be channel's bottom.
If you see the chart clearly, when ever it comes near the blue dotted line which is a 200 Moving...
Ganesh Benzoplast is ready for zone breakout. If we narrow down the time frame, we can observe price is constantly taking support at 50MA which is healthy price action.
Breakout will be confirmed if the price closes above 142.
Trade set-up
1) Enter trade only if price closes above 142 in daily time frame.
2) Possible targets for the trade153,170,187.
3) Stop...
Trade Or Invest Wisely.
We Can Just Predict.
Please Like And Share If You Agree With The Idea
Disclaimer: I Am Not A SEBI Registered Advisor, So Before Entering On My View Please Ask Your SEBI Registered Advisor. Profit Is Your And Loss Is Your.
