NSE:BAJAJ_AUTO Bajaj Auto has confirmed trend line breakout on Firday's session. If starts trading above Friday high we can expect more upside in this counter.
NSE:MGL MGL Ltd : Morning star chart patter on weekly chart which is a bullish and strong reversal setup. If starts trading above Friday high then we can expect good upmove in coming week ahead.
Buy Entry 200 - 205 Stop loss 168 Minimum Price Target 248 Risk to Reward 1 : 1.50 24% Up Side potential. The Recent move is supported by Higher Volumes. (Trading volume can help an investor identify momentum in a stock and confirm a trend. If trading volume increases, prices generally move in the same direction.)
ENTRY ABOVE : 424 STOP-LOSS CLOSING BELOW: 402 MINIMUM PRICE TARGET: 460 RISK TO REWARD RATIO : 1 : 1.64
Demand Zone Bullish Harmonic Oversold RSI
It is been observed that the price action is forming a harmonic bullish pattern on the daily chart indicating a bullish reversal in price action. Target: 1200 Stoploss: 1140