All-Time High Breakout in PVRPVR has successfully broken the all-time high price of 2086, with considerable volume. Prior to this, the stock was moving in a channel for almost 2 years. Now, this has been broken along with an all-time high. If the candle next to the breakout manages to close above 2170, we can expect a sharp upside move in the coming days.
About its fundamentals,
PVR Limited (PVR) is India’s largest and most premium film exhibition Company. In March 2022, Inox merged with PVR becoming the largest cinema exhibition company in India operating more than 1500 screens across 110 cities.
All possible targets are given in the chart, maintain SL at 1650.
This is not a recommendation, do your analysis before investing.
Do share your views on this.
Fundamental-analysis
SONACOMS - Multibagger stock BreakoutTo speak about the fundamental of the company, Sonacomstar is among the Top 10 Global Differential Bevel Gear Suppliers, Among the Top 10 Global Starter Motor Suppliers for PVs, and the Largest manufacturer of differential gears for PVs, CVs & Tractors in India. Sona Comstar has an 8.7% market share in the global market in Battery Electric Vehicle (BEV) Differential Assembles, 5% in Differential Bevel Gear, and 3% market share in Starter Motor.
Now about technical,
Price has already corrected nearly 30% from all-time heights of 840. We can see the price has taken support exactly at Fib Retracement levels of 0.618, which is one of the most respected levels in Fib series. Adding to this, in a short-time frame price is in an uptrend with the support of SMA. We can enter trade when price closes above 595 in the daily time frame.
All possible targets are mentioned on the chart. This is not a recommendation. Do your own analysis before investing.
Please share your view on this in the comment.
Double Bottom pattern in BIOCON.Discription:
Stock Name: BIOCON.
Chart Pattern: Double Bottom pattern
Time Frame: 1D
Entry: Reversal @305-310
Breakout above 340+
Targets: Reversal Target 340
Breakout Target 375+
Cup And Handle pattern in HINDPETRO.Discription:
Stock Name: HINDPETRO
Chart Pattern: Cup And Handle pattern
Time Frame: 1D
Entry: Breakout Above 245+
Targets: Breakdown Targets 280+
Falling wedge pattern breakout in BATAINDIA.Discription:
Stock Name: BATAINDIA.
Chart Pattern: Falling wedge pattern
Time Frame: 1D
Entry: Above 1870+
Targets: Target 2395+
Stoploss : Below 1770-
Bearish Pennant in ZYDUSLIFE.Discription:
Stock Name: ZYDUSLIFE.
Chart Pattern: Bearish Pennant
Time Frame: 1D
Entry: Reversal @340-345
Breakout Above @380+
Targets: Reversal Target @380+
Breakout Targets @440+
NIACL NSE:- NIACL
Wait for breakout rectangle pattern
Strong supports
If level perfect sustain then u think to buy this stock .....
Add ur watchlist....
See the charts draw carefully ....
Falling wedge pattern BATAINDIA.Stock Name: BATAINDIA
Chart Pattern: Falling wedge pattern
Time Frame: 1D
Entry: Reversal @1800
Breakdown entry below 1580
Targets: Reversal Target -1580
Breakdown Targets -1030
Wedge pattern breakout in ASIANPAINT. Stock Name: ASIANPAINT
Chart Pattern: Wedge pattern
Time Frame: 1D
Entry: Breakout Entry @Above 3100
Targets: Breakout target @3975+
Cup and handle in JKCEMENT.Stock Name: JKCEMENT
Chart Pattern: Cup and handle
Time Frame: 1D
Entry: Above 2300+
Targets: Target 2555+
Bearish pennant pattern in IGL.Stock Name: IGL
Chart Pattern: Bearish Pennant
Time Frame: 1D
Entry: Reversal @365-
Breakdown below -345
Targets: Reversal Target -345
Breakdown Targets -250
Bullish flag pattern in COFORGE.Stock Name: COFORGE
Chart Pattern: Bullish flag pattern
Time Frame: 1D
Entry: @Above 3595+
Targets: Breakout Target 3925+
Happiest Minds - Multibagger stocks BreakoutHappiest Minds is one of the fundamentally strong multi-bagger stocks, which has corrected nearly 50% from its all-time high of 1581. It is an IT company, ranked 4 in IT Services which works on disruptive technologies such as artificial intelligence, blockchain, cloud, digital process automation, internet of things, robotics/drones, security, virtual/augmented reality, etc.
Currently, it is trading at an attractive price. All possible targets are mentioned on the stock.
If everything remains the same, it may go till 2000 in a couple of years also. It is about to break out from its downtrend. keep this stock under your radar. Any price between 900-940 is a good price to enter.
This is not a trade recommendation. Do your own analysis before investing.
Please share your views on this stock in the comment.
Wedge pattern breakout in DRREDDY.For the last few looks DRREDDY was trading in wedge pattern and it has come to re-testing we can take re-testing entry at 4450 and keep his long target at 5205 in 1D time frame.
#NIFTY Intraday Support and Resistance Levels -19/07/2022Today's will be gap down opening in nifty. expected opening 16200 near after opening expected further downside upto 16150. possible reversal from this level strong upside rally expected in case nifty start trading above 16300 .
[INTRADAY] #BANKNIFTY PE & CE Levels(19/07/2022)Today will be gap down opening in banknifty . After opening possible further upside upto 35050 level. And this can be extend for another 400-500 points in case banknifty starts trading below 34950 level. Strong upside expected if banknifty sustain above 35050 level.
Falling wedge pattern in PIDILITIND.PIDILITIND has been trading in a falling wedge pattern for the past few days in 1D timeframe. And in today's trading session has been given a resistance and take a reversal entry below 2300-2290. And reversal target up to 1915(Support level) after breakdown this support so his short target below 1380-.
[INTRADAY] #BANKNIFTY PE & CE Levels(15/07/2022)Today's will be slightly gap up opening in Banknifty. After opening if it's started trading above 35050 then possible upside rally up to 400-500 points in today's session. Any down side position only possible below 34450 and 34550-34950 will be consolidated zone for today's session.
Falling wedge pattern in SRF.Stock Name: SRF
Chart Pattern: Falling wedge pattern
Time Frame: 1D
Entry: Reversal @2200
Breakdown below : 1965-
Targets: Reversal Target : 1965-
Breakdown target : 1337-
Triangle pattern in VOLTAS.Stock Name: VOLTAS
Chart Pattern: Triangle pattern
Time Frame: 1D
Entry: Breakout Entry @980+
Stoploss : Below 935-
Target : Long Target 1160+
Bullish flag pattern in DABUR.Stock Name: DABUR
Chart Pattern: Bullish flag pattern
Time Frame: 1 Hour
Entry: Breakout Entry @544+
Stoploss : Below 542-
Target : Long Target 557+
Ascending triangle pattern in LALPATHLAB.In today's trading session, the Ascending triangle pattern has been created in LALPATHLAB on 1D timeframe and it has given a breakdown to 2055. Its breakdown entry can be taken up to 2040- and short target to 1630.
Symmetrical triangle pattern breakout in MINDTREE.MINDTREE has created a symmetrical triangle pattern in 1D timeframe and now can take reversal Entry (2835+) and set reversal target to resistance level (2940+) then break 2940+ level take breakout entry and set long target to 3515+. in case if breakdown is given 2760 has a chance to reach its target of 2200- with a breakdown entry.
