Jagran Prakashan is showing a breakout from Flag pattern on shorter time and a cup & handle pattern on a bigger time spread. This can lead to price rise to 162-200 from the current price of 112. Other factors: 1. Election time: We can expect good revenue 2. MACD : positive 3. RSI : above 60 "Clean Charts, Easy Charts" Learning & Earning!!! Cheers!!
Bajaj Consumer Cmp 239 dated 23-2-2024 Weekly Chart (Investment idea) 1. Flag Pattern BO @ 250 2. Price Rise with Volumes 3. RSI Divergence Buy above 250 target 270-290-300-310-325-350 375-400 SL 200 It is just a view, please trade at your own risk.
ASTRAL breaking f&p pattern #weekly chart basis with huge voume trading at ATH #target1 2200 #target2 2500 EDUCATIONAL IDEA
BUY - SEPC LTD CMP - Rs. 23 Target - 1: Rs. 41 Target - 2: Rs. 72 Target - 3: Rs. 98 . Timeframe - 4 months - 18 months . Technicals - Trendline Breakout . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
BUY - NELCAST LTD CMP - Rs. 158 Target - 1: Rs. 220 Target - 2: Rs. 290 . Timeframe - 6 months - 12 months . Technicals - Ascending Channel Breakout . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
BUY - HLV LTD CMP - Rs. 37 Target - 1: Rs. 57 Target - 2: Rs. 71 Target - 3: Rs. 83 . Timeframe - 4 months - 8 months . Technicals - Trendline Breakout . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
BUY - RELIANCE IND INFRA CMP - Rs. 1517 Target - 1: Rs. 1942 Target - 2: Rs. 2359 . Timeframe - 10 months - 18 months . Technicals - Cup and Handle Pattern Breakout . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
BUY - GE POWER INDIA LTD CMP - Rs. 295 Target - 1: Rs. 419 Target - 2: Rs. 515 Target - 3: Rs. 616 . Timeframe - 8-14 months . Technicals - Trendline Breakout . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
BUY @ 35.70 RS TARGET @ 46.00 RS CONFIRMATION: Pennat flag breakout Expected returns are around 29.00%
1. There is formation of typical Bullish Flag like pattern on Daily Time frame and breakout above 590 can take the price to 750/- price level I.e. potential of approx. 30% upmove with a stop loss below today’s low I.e. 517/-. Giving an excellent opportunity of 1:2 Risk : Reward. 2. As per Elliott Wave Analysis, wave - 4 is under formation taking support at 38.2%...
Pharma stocks have shown great bull run in past 6 months. I had shared idea of APL around 550 levels. Currently, stock is looking strong for continuation of rally post breakout. Happy trading. Please follow me if you like my analysis!
Pole n Flag: 1. More than 30 days into flag formation (sideways) 2. Support from 50 DMA; quick recovery & making Hammer 3. Double bottom formation within flag 4. Strong on revenue and earnings Prior strong uptrend tot continue.
A good 1 month consolidation is now showing sign of breakout. A good flag pattern is seen on the chart. Target and SL on chart
Wockhardt is breakout from flag pattern and moving towards a target of 800+, ~60%upside. Other factors: 1. Volumes have again started picking up 2. RSI is above 60 on a daily basis 3. MACD is becoming positive 4. Dec quarter results are shows sign of getting better - Revenue has increased and loss has reduced "Clean Charts, Easy Charts" Learning & Earning!! Cheers!!
Cipla flag pattern breakout can be seen. With the current market trend looks like Cipla can touch 1600 before reversal.
-- Waiting for the strong Trendline Breakout Candle with High volume -- Flag Pattern on Daily TF(Waiting for Breakout) -- Doji Candle formed On Weekly Candle at SUPPLY ZONE -- RETEST the breakout level -- ‘W’ Pattern BreakOut On Monthly TF -- So there are Multiple signals of buying but just waiting for strong Volume On Daily TF. Please Follow!!! (Also...
With a visible Bullish Flag pattern breakout, the stock appears strong, and is geared for an upleg journey towards the initial target of 740. Follow strict stop loss of 5-8% in case of trade going wrong. Also, be cautious below 404 as it may signal a downtrend. Note: Not a buy/sell recommendation. Consult your financial advisor.
LICI is showing momentum and also showing flag pattern breakout. I think it will give 200 point move from here.