ADANIENT - Bullish Flag BO - Good for Intra and SwingAdanient in daily TF shows a bullish flag BO(wait for the levels).
Can add above Breakout for the Swing.
Currently, it is taking the support above 20SMA.
Dsk
AARTIDRUGS - Good buy for Positional for 1000+ targetAARTIDRUGS - Good breakout gave on March 03, 2021.
Currently, it took support at 50SMA and it's a good buy for positional/long-term pick.
Breakout from the pennant after strong consolidation for months is a good sign and as expected given a nice BO.
Can hold for the long term for its all-time high and more.
Relinfra - Typical Book example of Raising Channel BO Relinfra - Reliance Infrastructure - Forming good raising channel BO given and due to sharp fell off in the last session still gives good chance to enter.
Don't invest a large amount as the candles are not so strong, but can invest a small amount for the long term.
Happy investing!
HATHWAY - Roundbottom, Trendline -Breakout - Will it fly?Hathway cable - gave a round-bottom breakout along with the trendline breakout today.
Interestingly, currently, it takes the support of 50sma and above 200sma, so probably give a strong move tomorrow or soon.
Likhitha infrastructure -Perfect Technical Breakout & News basedLikhitha Infrastructure Ltd is involved in developing CNG-GAS stations and gas pipelines and also has clients like igl, mgl, guj gas & adani gas.
It started a big rally because of the Indian govt interest in developing a huge network of CNG stations all over India.
Technically, stock gives a strong BreakOut in the Day TF and can make a strong rally in the next few days. Short term or positional investors can consider the stock for good gain.
DWARKESH - Sugar stock - sweet or bitter ?DWARKESH - DWARIKESH sugar given resistance and trendline BO on 1D TF with huge volume BO.
Can bet on this stock for descent gain.
PNCINFRA for day trading and short termWatch PNCINFRA today for the trendline BO for the immediate target of 289.
If moves above 290(watch for DCB) it can further give a good move for the short term.
KNRCON - KNR constructions - big boom awaiting ??? KNRCON forms a pennant structure similar to Aartidrugs which gives breakthrough recently.
Don't enter at cmp, currently, it's under 20sma in a 1D Time frame. Also, strong resistance is there (marked).
Above 212 can enter, but safe entry is above 218.
ATH is near, if it's break then can see a big boom.
Though, Infra sectors growth and market support needed - keep watch on that also.
Happy Trading
Xchanging solution - Resistance and Triangle BOXchanging solution on daily TF given Resistance BO and Triangle BO.
Look for immediate resistance 92 level, if crossed successfully then the easy target of 99.
100 will also act as a psychological resistance.
Cyient - Resistance BO with huge volume - Zooming to 700?Cyient on Daily TF given BO with huge volume that too on a blood bath day.
Possible next target 618, 628.
If the market supports it can even reach 690 levels.
HDFC Bank - Multiple confluence - Channel BO, Bullish flagHDFCBank - 4H TF forms a channel Breakout after strong consolidation. Formation of Bullish flag and waiting for the breakout. Fibonacci BO also observed with an immediate resistance of 1496 which can also act as a Target 1 and the next target will be 1588. Currently the levels are above all the moving averages.
All the levels are mentioned on the chart.
Jamnaauto - Resistance BO - Good for Swing 🚀🚀Jamnaauto - given BO in daily TF and can go for Swing.
Targets - 66 and 71 and further.
Invest with proper Stop loss.
TechM Bullish - possible target of 993-996Tech Mahindra bullish in daily tf and may reach 993-996 or upto 1000.
Wonderful multiple confluence supporting the long of GAIL#GAIL supporting long in coming days shown by a breakout from the multiple confluence analysis. Trendline BO, double bottom/W pattern, resistance BO. Can enter above 124.5 and for a target of 135.
Tinplate - Finally given multi-attempt resistance Break Out :)#Tinplate given Breakout from its 2year long trendline and also from the resistance with good volume.
Target levels can be 172 and 186.
SBILIFE for both intraday and swing -very bullishBuy #SBILIFE for the immediate target of 925 and target 2 of 993-998 (strong resistance/psychological resistance at 1000).
