SRTRANSFIN making weekly flag pattern and made elliot wave impuse and correction pattern. it will make almost 65 to 70% sharp move in next 5 to 6 month.
BEL has closed an all-time high and testing the resistance near 194, if crossed and sustained above 194 then it can show a good upside till 225
RSI > 60
Has taken box breakout on the daily chart
Short Term Trade Setup:
Entry: 189 to 192
SL: 182
T1 = 205
T2 = 220
Duration = 1 Month
PS: One can add this as investment stock as well for long-term
Note: This is just...
Company came up with superb Q1 results.
Technically also looking bullish.
Strong pullbacks in last few candles after breakout.
This post is for information purpose only.
Breakout has happened in Jindal Saw from the trendline yesterday. Today Pullback is completed and can go long above 145. Can be taken positionally too.
Amrutanjan has been a trusted brand and a century old brand in which customer has their trust, it is presently focusing in diversofying amd making it big in the FMCG sector, as far as the technicals consider, it is in its trendline support and is expected to give good returns from here on , targets and stoploss are mentioned through lines in the chart.
SIMPLE RANGE BOUND TRADE
MFI BULLISH
SQZMOM JUST STARTED TO TURN BULLISH
VIXFIX COULD SIGNAL END OF CORRECTION ANYTIME NOW
TARGETS 325 350
SL upon breach of current support at 285 (on EOD basis)
Renuka sugar has done breakout from 7 years range and now taking support at 34 to 36 range. may accumulate , it will touch 50 soon.
* remarks: this is for educational purpose only. contact your financial advisor before taking any trade.
Purely consolidate in upmoving channel since IPO listed on exchange
And now trying to break upper edge of channel.
If closed above 260 levels in month closing then try to buy small qty, volume decreases in recent days that's why i recommend small qty
if stock corrects and we gets price near 220-230 level then add more qty for longterm basis.
Tgts open
This zone was resistance where the price was not able to break it at several instances. However, once the price broke and created a new high the stock is retracing to the same resistance zone which can now act as a SUPPORT.
Watch out for IOCL tomorrow.
ABFRL given BO from weekly TL. now consolidating below its strong resistance zone 225. closing avove 225 can give good upmove for the target of 275-280
Torrent power is respecting the trendline beautifully. It can reverse from here for immediate targets of 482, and above that, it can easily go back to 508. Keep strict sl below yesterday low or @465 on a closing basis.
PGHH is trading in a channel that is marked in the above chart. At this moment, the stock is at a very crucial level i.e. trading at the lower end of the channel. We have multiple reasons to go long here:
1. Currently taking support at 100 MA.
2. In an uptrend and trading in the marked channel.
I think if we see a green candle here, it's a great opportunity to...
Pricol ready to break-out after the rounding bottom chart pattern created in a 3 years time frame. This breakout is considered as a bullish sign and we can expect some really good levels from here.
We should see 150 levels very soon here.
