SUNDARAM FASTNERS as per daily chart analysis the stock is in consolidation since jun21 and it tried to break out on the 3rd attempt and now it has taken 5th attempt today to breakout and above 892 level and target 905 level.
NIIT as per daily chart pattern analysis the stock has a resistance at 436 level and once it breaks then 456 level is the target. It has support at 407 and 367 level.However one can see a fresh buying opportunity only after full correction completed.
BALRAMPUR CHINNI MILLS as per daily chart analysis has come back to its consolidation zone. However one can see a fresh buying opportunity only after full correction completed.
GRANULES INDIA has taken the support of its previous resistance 310 level as its support and if it breaks the support 310 level then the next support is 303 level and breaking the trend line another support at 295 level for the stock to reverse.However one can see a fresh buying opportunity only after full correction completed.
RALLIS INDIA as per daily chart pattern analysis has taken the trendline support and if it breaks then 255 is the next support level followed by 243 support level for the stock to reverse. However one can see a fresh buying opportunity only after full correction completed.
Vedanta Posted Earlier once the stock above 348 level then target 375 is achievable and it made high of 373 level and closed at 367 level. Today made a fresh entry and also exited profitably. Hope all had a profitable trading day.
Posted On 22/11/2021 ELECON ENGINEERING as per daily chart analysis ABOVE 195 Level with Target 200 Level and Today the stock had closed at 212 Level. Happy Trading To All
Vedanta As per Daily Chart Analysis as broken the resistance 348 Level and now the target 375 should be achievable. Happy Trading to All.
Balrampur Chinni Mills as per daily chart analysis its a highly consolidation stock. Once the stock breaks resistance 328 level and sustains above 330 level then the target 350 is achievable. Holding the stock and Happy Trading to All.
Elecon enginerring today has broken the resistance above 190 level and target 200 level and i have entered the stock on my own analysis. Happy Trading to all.
Booking all my long positions in midcap stocks and holding only quality ones as its a major resistance zone ie 2.618 extension of fibonacci I wont worry if i go wrong or miss my profits. But will never ignore magical fib numbers Stay cautious with the longs
BDL Buy - Above 380 Sl - 360 Target -420 440 460 Keep Position Size Under Control
NIFTYMIDCAP50 -Takne support of 50 MA - Created hammer after downtrend - if sustain today then we may see good up move in midcap - find good stock of midcap and good to add in portfolio This is just my personal view and for educational purpose
In a bear zone.... took trend support... Offload your midcap stocks near bearish levels marked...
CNX MIDCAP/NIFTY50 in a clear uptrend relative to NIFTY. Fib levels indicated in chart
#philipcarbon Last 5 years, net income has grown at a yearly rate of 93.15%, vs industry avg of 27.86% ROCE & ROE > 17% stock pe 12.4 whereas industry pe 27.4 ebt to equity 0.31 Promoter holding 53.6, no pledge Price to book value follow the chart.