Bullishbreakout
Sun pharma at a bullish breakout with a great bullish hammer.Sun pharma is forming a very very bullish pattern. Looking at various indicators like RSI and chart patterns, it is clearly visible it will go bullish.
The immediate target should be 226.
And Long-term investors can also hold it for a very very big upside move.
COALINDIA is gonna fly !! Positional trade.The stock has broken a key long-term resistance at 149 levels supported by good volumes and has pulled back to retest the previous resistance which now acts of price support. The stock is now poised for an up move to 175 levels.
Lookup the chart for trading levels.
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Long-term trendline break on HDFC. Positional trade.The stock seems to be on the verge of breaking out of a long-term trendline resistance. More upside expected in the coming days.
Also, the housing market could be poised for a recovery. As a result, housing finance as a sector can outperform going forward. HDFC being a market leader is sure to drive this rally higher.
ASHOKLEY Breaking out of 100 zone?Ashok Leyland has been hovering around 100 zone for a while now. In fact it's a long term support/resistance zone and a psychological number as well. Looks like the stock has finally broken out of the 100 zone with volume. Long trade can be initiated with stop on closing below 100.
Shanghai Composite Breaking out of six-month old channel?Shanghai Composite is trading in a range for the last six months since the previous break in early July 2020. The price action last week was bullish and index may finally break out on the bullish side of the channel.