One can intitate Buy position in HEROMOTOCORP with target of 3000
One can intitate Buy position in HCLTECH with target of 925 and 950
One can intitate Buy position in BIOCON with target of 424.40 and 485.55
Sun pharma is forming a very very bullish pattern. Looking at various indicators like RSI and chart patterns, it is clearly visible it will go bullish. The immediate target should be 226. And Long-term investors can also hold it for a very very big upside move.
Ester Industries has moved significantly in the past 1 year, It has been trading in a range for the part few days. Expecting the stock to resume the uptrend. Buy with a SL below the highlighted zone on closing basis.
A strong positive hammer suggesting bullishness for atleast a month.use trailing stop loss after reaching the primary target.
The stock is now at the base of the channel. A rejection candle is formed in the daily timeframe indicating a bullish trend reversal from here. The hammer candle is a clear indication trendreversal. Confirmation of trend reversal is when it crosses the previous high. Level given below :- Buy above 515.55 Note: Avoid the stock if a big gap up or gap down is...
It's ready for 5 to 10 percent move 1130 in a week's timeframe.
One can Initiate buy above 1315 as it will break recent swing high also for double confirmation
Adani Port is taking support of Fibonacci levels after a steep downfall and formed two bullish hammers on the daily and a strong support on 4H. This looks ripe for an upside move. Apart from being technically sound, it is also in a good position to take part in the part of Indian Railways that is prime for privatization. This makes it a double whammy....
ACC looks good for Intraday Long if crosses previous day high i.e 1305 , target 1335
PVR has formed a weekly hammer 3rd week of May 2020 along with confirmation of previous red candle (second week of may) The current weekly candle is green which confirms and completes the pattern Once can go positional long on cross of 910 last weekly candle high with stoploss of 815 for a target of 1050 i.e Monthly Resistance
As shown in charts, Bajaj Finserv formed a weekly hammer pattern, confirmed with previous red candle. The pattern is confirmed as per 33% body formed and balance Wick. Now the best way to trade this opportunity is if the current week candle crosses 4440, which is the hammer candle high confirms the pattern Probable Target is 4740, i.e immediate resistance
PIDLITIND hammer pattern formed in daily Chart. Short Term Target : 1578,1599,1627 SL:1520
THERE IS HAMMER CANDLESTICK FORM ON HOURLY CHART AT DEMAND ZONE. SO I SEE BULLISH REVERSAL FOR MENTIONS LEVELS
ON 4 HOUR CHARS THERE IS HAMMER CANDLESTICK PATTERN AT DAILY DEMAND ZONE WHICH SHOES SOME BUYING INTEREST WHICH MOVE PRICE TO 1385,1400 & 1420 LEVELS RESPECTIVELY.