@khc is looking attractive for medium to long term buy (< 1 year). This level is good to buy a major portion for those looking to make 20-30% returns in 6months to 1 year timeframe. The stock is bound for long rally once the downside is over.
Godrej Consumers has given a long awaited breakout above a 14 month long trendline. It went sideways for around 8 weeks before closing above the trendline on weekly basis.
The BB is challenged and RSI has closed at 60, both are bullish signs. The consumer sector has underperformed in last 3 months and Godrej has been on of the best performers in this sector in...
Current Price near Breakout Neckline on Monthly Chart.
If December 2021 Monthly Closing is above 210-212 zone then BO is confirmed.
Upside : 50% - 90%
Next Targets : 253 - 293 - 382
SL : 160
Monthly RSI > 60
Selling Pressure from 382 to 30 now over.
One of the most talked-about stocks of the Indian markets, ITC, is at a crucial zone yet again. 200DMA + 200 psych level + support zone + RSI40.
It's retested this level 9 times but is forming lower highs. Will be interesting to see if we're able to see a bounce this coming week...
Marked as a 'Long' with a stop below 200DMA, roughly 4-5%.
In the Daily chart, Amber shows a quick reversal that can boost it towards its Resistance at 3000. With Proper SL one can long till resistance or if it breaks the Trend Line one can hold the share with Trailing SL.
On the RSI front, this is in the Oversold zone which confirms the reversal.
Buy Above 1460 on Hourly closing Basis
Target on the upper band of parallel channel i.e. around 1580
Stop loss at just below Support zone i.e. 1395 on Daily Closing Basis
Titan has taken perfect support from its multiple time tested support zone of 1405-1420
Given outside closing of short-term downwards trendline
Good risk-reward trade...
ONLY TAKE A BUY TRADE ...... enter on BO above and then hold for the day .. if it stays above the trendline for the whole day take the stock home . see it on D chart then it might give you amazing upside :)
Havells chart is providing lots of hint. Its suggesting an imminent correction looming over Havells. Also this stock is major beneficiary of Diwali Consumer Durable Sale rush. Just waiting for ZETA SCANNER to provide sell signal and buy pputs and hold till the next buy signal comes or else it swells in good profit.
Colgate Palmolive NSE:COLPAL has lost 3.5% on NSE today with close to 3 times its average volumes. As per Gann Square Sell COLPAL below 1040 with SL of 1048.15, Target1: 1032.25, Target2:1024.30 Target3:1016.35