ASALCBR - 3 Months Consolidation Breakout - All Time HighAssociated Alcohols & Breweries Ltd
1) Time Frame - Daily.
2) The Stock has been in a Consolidation since (September, 2024). Now, It has given a Consolidation breakout & Closed at it's Life Time High with good volume & good bullish momentum candle in Daily Time Frame.
3) The stock may find it's next resistance around the price (1200 - 7.80% from the current price 1112.95).
4) Recommendation - Strong Buy.
Bullishcandlestick
AVANTIFEED - 6.5 Yeas Downtrend Breakout Avanti Feeds Ltd
1) Time Frame - Weekly.
2) The Stock has been in a Downtrend since (November, 2017). Now It has given a Downtrend breakout & Closed with good volume & good bullish momentum candle in weekly Time Frame.
3) The next resistance would be around the price (770 - 25.10% from the price 615.40). Followed by this, The stock may reach it's Previous Life Time High (980) in the long term.
5) Recommendation - Strong Buy
PRAJIND - 6 Months Downtrend Breakout Praj Industries Ltd
1) Time Frame - Daily.
2) The Stock has been in a Downtrend since (December, 2023). Now It has given a Downtrend breakout & Closed with good volume & good bullish momentum candle in Daily Time Frame as well as Weekly Time Frame .
3) The next resistance would be it's Previous Life Time High (650.50 - 10.15% from the price 590.40) .
5) Recommendation - Strong Buy
JUSTDIAL - 3 Years Consolidation / 10 Years Downtrend BreakoutJUST DIAL LTD
1) Time Frame - Monthly.
2) The Stock has been in a Consolidation since (June, 2021) & in a downtrend since (August, 2014). Now It has given a Consolidation and Downtrend breakout & Closed above it's (June, 2021) High with good bullish momentum candle & with good volume in Monthly Time Frame.
3) The next resistance would be it's Life Time High (1894.40) in the long term.
5) Recommendation - Strong Buy
ITDC / INDIA TOURISM - 6 years consolidation breakoutITDC
1) Time Frame - Weekly.
2) The Stock has given 6 years consolidation breakout with huge volume & strong bullish candle close in weekly.
3) The next target / resistance would be its previous life time high (747 - 17% from the current price 636.70).
4) Recommendation - Strong Buy
HPL / HPL Electric & Power Ltd - 5 Months tight consolidation brHPL
1) Time Frame - Monthly. Kindly change the time frame to weekly for better understanding.
2) After consolidating at its IPO base level / Previous All Time High for 5 months the stock has broken out and closed with strong bullish candle & volume.
3) As It is a cup pattern breakout the target as per the cup pattern would come around the price (1860) in the long term.
4) Recommendation - Strong Buy
BPCL Bullish Breakout BUY!Attached: Daily Chart as of 17th March, 2023
- Price shot up a whooping 6.24% on 16th March (Thursday) and also held the Gains closing Higher on Friday
- Overall giving a Strong Weekly Breakout Candle closing above the 350 key level
- 315 level or the 0.618 Fib retracement held out perfectly as a support🙏
Indicator Signals:
- MACD crossed above 0 line ✅
- RSI crossed above 70 ✅
- DMI gave Buy signal ✅
- ADX is above 25 ✅
- An Inverse Head & Shoulder Pattern is currently active given the Breakout Candle📈
Upside Potential:
A Short Term Target 🎯 of ~ 400 is now Open
Stop Loss for the same is < 325
POWER FINANCE CORPORATION - DAY CHART - 05.01.2023POWER FINANCE CORPORATION as per Day Chart Analysis Stock
ABOVE 158 TARGET 162.
Today being an weekly expiry day, there had considerable sell off from FII by 1449.45 Cr and surprisingly DII was also a net seller by 194.09 Cr.
Nifty 50 has a good support at 17835 / 17771
Bank Nifty has a good support at 41951.
So lets see whether these support levels helps the nifty and bank nifty to bounce back.
Normally Friday is often considered to be a profit booking day and considering two days of sell off. There might be a brief consolidation at these support levels by tomorrow.
So lets see how this week ends... Happy Profitable Trading to all...
DYNAMIC CABLES - DAY CHART - 03.01.2023 - BAHAVAN CAPITALDYNAMIC CABLES as per day chart analysis
STOCK ABOVE 225 TARGET 230
Happy Profitable Trading to all..