Medplus-A beautiful W in the making!Medplus has been in a downtrend since couple of years.
Stock is showing strong reversal after a base formation.
Stock has potential to test ATH and also make new highs.
Keep in watchlist. Not a recommendation.
Bigtarget
Tejas networks-Technically strong setup!Tejas networks is a loss making multibagger company which has been consolidating since few months.
If stock breaks 800, a support reversal can be confirmed and new ATH can be expected in stock.
The stock is a multibagger stock which can repeat its performance if market is bullish.
Only Risky traders should keep this in watchlist
Nazara-Have your Nazar on it ;)Nazara is a company which develops gaming software.
Stock has given good volume breakout from a strong resistance zone.
Immediate resistance is 1000 above which stock will fly.
As i said, keep this stock in your nazar(watchlist)
Risky traders can enter as per my levels for better risk reward.
Do follow me if you like my analysis!
MapMyIndia-A multibagger stock for a swing tradeMapmyIndia 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 cheaper alternative to google maps. Just a personal opinion shared for educational purposes.
CSB bank-A private sector bank for long termDCB 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.
Lauruslabs-It can fly towards ATH again!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.
Aarti drugs- A pre breakout tradeAnother stock from pharma sector which hasn't rallied.
IHNS pattern breakout above 575.
Levels mentioned on chart. Good move can be seen post breakout.
Please follow me if you like my analysis:)
Snowman might be a good positional tradeSnowman has given a weekly breakout. Stock can be on watchlist.
Minimum target is 68-69 with SL below 42 DCB.
Idea shared only for educational purposes. It is not a recommendation.
Can Paytm reach 1000 with this breakout?The infamous stock of Paytm which was the largest IPO at the time of its listing has eroded IPO investor's wealth by more than 50%.
However, the strong has been consolidating from quite few months now. We have seen multiple buybacks from the founder and promoter in this stock during the same which was a positive sign.
However, near the release of Q4 2023 results, the stock had started its uptrend by forming higher highs, higher lows.
Now, the stock has given a breakout of inverted head and shoulders with heavy volumes last week whose neckline was 750. The stock has given weekly closing above 800 levels which is a big positive for the stock. The stock might face an immediate resistance near 840-850.
One can keep this stock on watchlist for buying near retest of 750-760 levels if there is a retracement for big targets of 990, 1125.
Note:- This idea is shared for educational purposes and should not be considered as a recommendation.
