Bullish pennant pattern breakout in COLPAL.COLPAL stock as seen in today's trading session was trading in bullish pennant pattern from last few days. It has given breakout inn today's trading session. So we can take a breakout entry above 1652+ and place their long target at 1765+ with a stoploss at 1626-.
Fundamental-analysis
Symmetrical triangle pattern in BALKRISIND.Discription:
Stock Name: BALKRISIND
Chart Pattern: Symmetrical triangle pattern
Time Frame: 1W
Entry : Reversal Entry (From Support level)
Targets: Reversal Target 2300+(upto resistance level)
and this can be extend for upside upto 3425+ in case this stock is sustain above 2300+ level.
Invest in Marico?Personal, I am waiting for MARICO to drop below 510rs in the near future for my first entry into the company. Marico has a complete dominance in the oil industry, and right now, Marico is heavily focused on their Saffola brand, with an aim to generate 850cr in revenue from the brand.
And the earnings from saffola in 2022 is extremely strong and expanding.
uptrend parallel channel pattern in TRENT.Discription:
Stock Name: TRENT
Chart Pattern: uptrend parallel channel pattern
Time Frame: 1 Hour
Entry: Reversal entry from support level
Breakout entry above 1460
Reversal entry from resistance level 1455-
Targets: Reversal Target 1460+ (resistance level)
Breakout target 1522+
Reversal target 1415- (support level)
Head and shoulder pattern breakout in HDFC.Discription:
Stock Name: HDFC
Chart Pattern: Head and shoulder pattern
Time Frame: 1 Hour
Entry: Breakout entry above 2445+
breakout target : 2558+