After a good rally stock was trading in a range bound. Stock has given the breakout of short term range bound on a daily chart pattern supported by a good volume and ready to rally soon
Go Long above 93.95 for Targets of 105.65, and 125.15 with SL 90.05 Reasons to go Long: 1. On a weekly timeframe if we draw the Fibonacci retracement tool from the swing low (point A) to the swing high (point B) then we see stock took support from the 0.382 Fibonacci level. 2. Also a bullish candlestick pattern Bullish Engulfing (marked with orange color) is...
Go Long @ 4160.1 for Targets of 4456.75, 4753.4, 5050.05 and 5346.7 with SL 3863.45 Reasons to go Long : 1. On a Weekly timeframe if we draw the Fibonacci retracement tool from the recent swing low (point A) to the recent swing high (point B) then we see stock took support from the 0.382 Fibonacci level. 2. In addition to this a bullish candlestick pattern...
Go Long @ 2915.1 for Targets of 3110.2, 3305.3, and 3500.4 with SL 2720 Reasons to go Long : 1. On a Weekly timeframe if we draw the Fibonacci retracement tool from the recent swing low (point A) to the recent swing high (point B) then we see stock took support from the 0.382 Fibonacci level. 2. In addition to this a bullish candlestick pattern Bullish Harami...
In the Weekly Chart of DELHIVERY , we can see that, after breakout, it has done a very strong consolidation. Also, now it has created a Hammer candle. Enter on breaking its high with low as SL.
In the Weekly Chart of PARAS , we can see that, it has started to become bullish. This Defense Sector stock will show a good run in next 4-6 months. Expected momentum is shown in chart.
In the Weekly Chart of HGS , we can see that; it has shown a recovery sign from 720 levels. Now it has created a Halt candle. Enter on breaking its high with low as SL.
In the Weekly Chart of TATVA , we can see that; it has made inside Decision making candle. Enter on breaking its high with low as SL.
In the Weekly Chart of TATAELXSI , we can see that, after breakdown, it has created a Hammer candle on support trendline. Enter on breaking its high with low as SL.
Go Long @ 6195.1.1 for Targets of 7060, 7550, and 8040 with SL 5700 Reasons to go Long : 1. On a Monthly timeframe if we draw the Fibonacci retracement tool from the recent swing low (point A) to the recent swing high (point B) then we see stock took support from the 0.5 Fibonacci level. 2. In addition to this a bullish candlestick pattern Bullish Hammer...
In the Weekly Chart of DELTACORP , we can see that, after the breakdown, it is trying to recover. Inside & Hammer candle is formed. Enter on breaking its high with low as SL.
In the Weekly Chart of NAZARA , we can see that, after the breakdown from support it has now formed a Hammer candle. Expected momentums are shown in chart.
In the Weekly Chart of FINEORG , we can see that, after Trendline breakdown, it showed a recovery. Expected momentum is shown in chart.
In the Weekly Chart of ALKYLAMINE , we can see that; after a Strong Bullish it went into sideways for 4 week. Let it break the trendline. Expected momentum is shown in chart.
In the Weekly Chart of LTIM , we can see that, after applying FIBO, it is on last support level. We can see a W shape recovery in this. Above 4800 it will be bullish. Expected momentum is shown in chart.
In the Weekly Chart of COFORGE , we can see that; after Inverted Head and Shoulder breakout, it did not sustain and we saw a downfall. Let it form a Hammer or W shape recovery on Trendline of Cup & Handle. 4400 can be a reversal point.
After a long consolidation, stock has given breakout from its Rising channel pattern and has given confirmation for breakout by a Doji and Marubozu. From the past 3 days, buying volume has been increasing consistently. Stock is trading above all its EMA.
Oil Marketing Companies are ready for new Run as Crude Oil Price down... for next Quarter.