Buysignal
Borosil Renewables - At an important Support- Great buy after a pullback
- Entry at 254.2 with stop of 218
- Strong Volumes
Bajaj Finserv - Ascending Triangle Breakout- Good breakout after forming an ascending triangle pattern
- Volume expansion and bullishness exists
- Finance and Banking sector might do well ahead
- Medium term holding and little skeptical regarding short term
- Good entry at 10,870 with stoploss of 10,230 levels
Prince Pipes - Breakout after a strong consolidation - Breakout candle on 9 Apr with higher volumes followed by a volatile consolidation
- Another bullish candle on 30 Apr with volumes
- 510 can be a nice entry however the price structure indicates uptrend
- Buying at 530 levels is quite risky, it is better to wait for another breakout candle above 550
- Price trending with shallow retracements
Ambuja Monthly BreakoutAmbuja cement has given a breakout on March monthly candle and retested on April candle. Looks good for long entry with SL below the breakout candle.
KEC at support zone KEC International Ltd gains many bulk orders in this financial year 2021-2022. But due to the corona 2nd wave, it loses some momentum due to panic. But It is trading now at a good support zone. So I recommend BUY for KEC at 398.5 for a target of 410, 417,428,438,486 with a small stop loss at 386.
AARTI Industries Weekly ChartAARTIIND Weekly channel breakout. Looks good for short/medium-term investment with proper risk management. It has given 90%+ return in last 1 year Time frame.
TATA POWER is a perfect buy || Double Confirmation || Buy EntryTata Power has given a good retest from the key support zone along with the uptrend levels.
The risk: reward is greater than 2.5 in case of a push move.
Keep accumulating !!
Aggressive and Safe traders can take an entry for the next 1 month at least.
"Let me know in the comments section if you have any doubts."
BPCL- SWING TRADEIt was continuously taking support at the 200 D EMA, which is also a Fibonacci level. Increasing volumes in the last two trading sessions. Looks perfect for a swing trade with a reward to risk ratio of 2:1.
Please let me know your views in the comment section.
Refex Weekly chartRefex weekly cup and handle pattern. Very good fundamental stock for long term. (12-18 months view)
Bajaj Consumer - Good Breakout!Look for a buying opportunity at 290 levels. With a reward to risk ratio of almost 1.7. Short term targets can be around 320. Great share for long term with excellent fundamentals! Keep on your radar.
SBI Card Daily chartSBI card breakout of TL with good support from the previous breakout zone. Entry above 980 looks decent for a target up to the supply zone.
BajajElec BreakoutBajaj Electric had a wonderful breakout on the last trading session with decent volume. can be taken entry on retest as the risk now looks higher. Trading at ATH.
ICICI BANK.. About to break the channel?Looks like a decent trade once it crosses and holds above 596 and 50D EMA. Reward to risk ratio of about 1.5. Always plan your risk profile before taking a trade.
