Ashok leyland has been consolidating in a cup and handle pattern since 2019 and is on the verge of a breakout.
A weekly closing above 170 will confirm the breakout which will the stock to 200+ levels in short time. Stock is looking bullish and can be added on dips upto 155 with a SL of 144 DCB.
Chart looks similar to Midhani which gave a sharp upmove after...
Nifty has shown a steep upmove in the last one month breaking all the strong resistance without any major retracement.
Today, nifty crossed 18000 with a strong volume candle and has closed near a strong supply zone of 18100-18120 levels. Even Bank nifty has given a strong closing above 43000.
This breakout can be a signal for strong bullish uptrend to a new high...
Technically, on Daily Time Frame, it has made perfect rounding bottom pattern and also gave breakout of it from the level 596 where it had the neckline of it.
And then it also took support from neck line level at 596 level.
Now the next breakout level for this stock is at 700 level.
This stock is for people who are looking for investing for...
🔥 ready for a massive launch 🔥
buy if possible @ 120-22 range or wait for breakout around 140 range
(the decision is yours which type of investor you are? bottom tracker or breakout picker)
sl below 115(small risk high benefit)🙏
my targt 200-300++ 🎯🎯
period 3-1 year⌛
but need patience,⌛
note that :-
“The stock market is a device to...
Stock has given a breakout over it's neckline of the inverse head and shoulders pattern, with high volumes and buying crossovers on various oscillators. Stock looks to be in uptrend and buying will remain intact. Pitch right in and go long with the mentioned stop-loss, for the mentioned targets.
Tata Motors DVR looks set for gains if it closes above Rs.115 with targets of Rs.185 and Rs.208 in sight. The positional call on this one will become active only above Rs.115 and the targets might come in a few months to a year.
It is been observed on the Monthly chart that the price action broke above the downward trendline after 10 years indicating a big move ahead. It is indicating buyers comeback and it shall further take the price up. Interesting thing is that fundamentally the stock is trading below its intrinsic value, which qualifies it for a good investment.