TILAKNAGAR INDUSTRIES (TI)Tilaknagar industries is an alcohol/beverage based company. The stock is in a strong uptrend and as festivals are approaching, it can lead up to 260-300 levels by this end of the year. PATTERN: Pole and Flag.
Bullishcontinuation
Crude Oil- BULLISH CONTINUATION!Attached: Crude Oil Daily Live Market Chart
On Sunday 2nd April 2023, Saudi Arabia and other OPEC+ oil producers announced further oil output cuts of around 1.16 million barrels per day.
Top OPEC producer Saudi Arabia said it would cut output by 500,000 bpd.
And due to this Surprise Output Cut, the Next Day itself Oil Prices Gapped Up and Closed Up 6.16% (+ 4.66 dollars)
Following that Prices have consolidated for 4 days giving Inside Bars, holding the Gap Zone
Today, Price is finally some some Buying Action
It appears that the Gap Up is a Breakaway Gap and now Oil Prices are ready to Break Out of the 4 day Consolidation
Looking at Moving Averages:
20 EMA has crossed above 50 EMA giving a Buy Signal
Price is consolidating right below 200 EMA and once its Breaks above it, Price is to Accelerate on the Upside
LEVELS:
Current Market Price= $ 81.40
Upside Target:
$ 92 to $ 100
Stop Loss:
below $ 79
....................................
Voltas buy @ 1030Forming Bullish continuation pattern(cup & handle)
With a stoploss of 1005
Timeframe: 1month
Bullish Wedge on Adaniport..Once a one hour candle convincingly breaks the green line(a close above green would be great) Take long entry.
For live entry with proper entry and exit plans, follow Pyramid Trading Community
BTST TRADE IN HULBTST TRADE IN HUL
TRYING THE SHORT COVER TRADE RISKY-TRADE
BUT SINCE A BLUECHIP WORTH THE RISK
BUY@1660
STOP@1640
TARGET@1680
LOT:600
QTY:2
Dr. Reddy – BreakoutWith Pharma sector looking all set for a second leg of rally, many pharma stocks have given a breakout.
I can see that Dr. Reddy NSE:DRREDDY has broken out of the corrective channel which started after a long leg of upmove to begin next leg of rally.
So long as the stock stays above 2200 levels, looks like it is heading towards 2450 and 2600 levels.
Good opportunity to go long here with a small stop loss.
Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.
Cipla – Flag BreakoutCipla is another stock in the Pharma sector (along with Lupin) which I think has given a Flag breakout yesterday.
The stock broke from the consolidation range of 600 to 622.
So long as the stock stays above 620, looks like it is headed for 660 levels.
Good opportunity to go long here with a small stop loss.
Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.
Lupin - Flag Breakout With Pharma sector seeing buying momentum again, many Pharma stocks are on the verge of breakout.
I can see that Lupin NSE:LUPIN has given a breakout from the Flag pattern with a large Bullish candle after consolidating between 877 and 924 for a couple of days.
Good opportunity to go long here with a small stop loss for a first target of 972.
Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.
Tata Steel Bullish PatternHead and shoulders type pattern on 15 min tata steel chart after nice bull rally
buy above - 451.35
stoploss - 443
target - 474+
