BSE
NTPC- STRONG BREAKOUTBREAKOUT OF AN IMPORTANT RESISTANCE LEVEL WITH GOOD VOLUMES. CAN BUY FROM MEDIUM-TERM PERSPECTIVE. RSI BULLISH. MAINTAIN A STRICT STOPLOSS. THE REWARD TO RISK RATIO LOOKS OKAY.
LTI-GOOD BUYING ZONE3600 levels are a good buying zone. Start accumulating in small quantities. Maintain strict stop loss.
PRAKASH INDUSTRIES-BREAKOUTA VERY IMPORTANT SHARE FOR MEDIUM-TERM PERSPECTIVE. HAS GIVEN A BREAKOUT FROM A VERY IMPORTANT RESISTANCE LEVEL. VOLUMES HAVE BEEN GOOD. RSI BULLISH. ONCE 15 MIN CANDLE CLOSES ABOVE 103 TARGETS OF 115 CAN BE SEEN EASILY. KEEP ON YOUR RADAR. STOP LOSS-93
UPL BREAKOUTBREAKOUT IN 15 MIN TF WITH STRONG VOLUMES. CURRENTLY AT AN IMPORTANT RESISTANCE LEVEL BUT LOOKING AT THE VOLUMES A BREAKOUT IS POSSIBLE. DAILY RSI ABOVE 60. IMMEDIATE TARGETS OF 700. GOOD SHARE FOR TRADING PERSPECTIVE.
BHEL- STRONG BREAKOUT- SIMPLE BREAKOUT ANALYSISBHEL HAS GIVEN A BREAKOUT OF A VERY IMPORTANT RESISTANCE LEVEL WITH STRONG VOLUMES. IMMEDIATE TARGETS OF 70 CAN BE SEEN IN THE SHORT TERM.
NMDC LTD- EXTREMELY BULLISH FOR TOMRROW.PERFECT BREAKOUT IN 15 MIN TF. GREAT STOCK FOR INTRADAY TRADERS FOR 12TH MAY ONLY. RSI ABOVE 60.
Breakout in Glenmark (Positional)...Good structure observed in Glenmark pharma
few days back observed descending tringle breakout in this stock with volumes
after breakout retest done and Moving average crossover(21 and 200) also happened
then given a good move now stock is under consolidation
volume was picking up in uptrend and drying up in consolidation
above 591
good support 541-530
Target 630--641--690
Glenmark Pharmaceuticals Ltd
Market Cap-- ₹ 16,275 Cr
Stock P/E-- 10.3
ROCE-- 11.1 %
ROE-- 10.6 %
Promoter + institutional holdings >81%
Macrotech Devloper (LODHA): swing showing strong bullish trend on daily time frame.
just a for analysis purpose only....
novice trader
MIN. TARGET =800
SL =590
RR=1:3.85
good luck :-)
BSE BREAKOUT- SIMPLE ANALYSISBreakout in the daily time frame with strong volumes of a very important resistance zone supported by RSI. Positional trade for a target of 720.
M&M FIN- POSITIONAL TRADEGood time to buy for aggressive traders. The stock has given a closing above its 50D EMA in 15 min time frame. Reached the important support level in the 1D time frame and bounced back. Can give an easy target of 175 near its 200D EMA in short term. KEEP ADDING IN SMALL QUANTITIES. LET RSI LINE GO ABOVE 40.
TANLA PLATFORMS-BREAKOUTStock closed above its 50day EMA. Forming a morning star pattern. Volumes were good in the previous trading session. BUY ABOVE 908
HINDALCO INDUS- BREAKOUT. Strong buying seen in the last trading session with good volumes. Near the daily trend line and has given a breakout of a strong resistance zone in 15 min time frame. RSI ABOVE 80. looks very bullish.
MINDA CORP- BREAKOUOTPERFECT DOUBLE BOTTOM PATTERN. ABOUT TO GIVE A BREAKOUT. STRONG BUYING SEEN IN THE LAST TRADING SESSION WITH GOOD VOLUMES. REWARD TO RISK RATIO OF 2:1
Positional--sunpharma long...Sun pharma forming very good base
volume was picking up in uptrend and drying up in consolidation
above 660
target-686-710
weak below 629
fundamentals
Market Cap-- ₹ 154,373 Cr.
ROCE-- 10.5 %
ROE-- 9.06 %
Promoter +institutional holdings-- 87%
[Positional/swing] Divislab Long....Good structure in divislab
Uptrend with increasing volumes
now consolidating with low volumes
So buy 50% above 3855
add more if close above3900
for 6% immediate target approx. 4130
weak below 3650
Fundamentals also looking good
Market Cap--₹ 100,340 Cr.
ROCE--24.4 %
ROE--18.6 %
Promoter + institutional holdings More than 89%
Debt Free
Nifty will retest 14800 support on expiryDue to expiry nifty is going to retest the support of 14800. All contracts are going to settle.
Disclaimer -This is for educational purposes. Trade at your own risk.
Comment your view
thanks
SBIN -BREAKOUT-Simple analysis.Channel breakout with strong volumes. The next target can be 370 once it sustains above 355. 322-330 is a strong support region.
cochin shipyard bearish. 340 supportA head and shoulders pattern is a chart formation that appears as a baseline with three peaks, the outside two are close in height and the middle is highest. In technical analysis, a head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal.
In this case, we have a conviction of a bearish trend.
wait for trend to break 340.
318/305 are close targets.
