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.
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.
AARTIDRUGS - 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.
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 -...
Xchanging 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.
HDFCBank - 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.
Likhitha 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...