Indian hume pipe-A textbook W pattern in making!Indian hume pipe is a small cap pipeline manufacturing company.
Stock has formed a beautiful W pattern and is already consolidating above its neckline in monthly time frame.
A breakout above 300 will open 2x target potential for stock.
Keep in watchlist. Blasting move can be seen.
Monthlytimeframe
ALKYLAMINES short term investmentALKYLAMINES short term investment
Monthly - Weekly-Daily demand zone
Short term investment idea - Holding period 2-3 months
Entry at CMP 3422, 3375 & 3330
SL below 3250 CLBS
Target T1:3610 & T2:3920
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BOX BREAKOUT ANALYSIS 07.04.2021BUY 252 TO 268
TAEGET 330
Reason For Buying This Script:
First conformation in monthly time frame it has broken the box and closed above the resistance line.
Now retest moment is happening .
Second conformation Down trend Line breakout .
Once the price sustain above 330 level in monthly candle and it should close above 330 in monthly candle then only it has strong conformation, And the next target up to 501.
Note:
Above Given levels are based on Monthly & Weekly time frame . It may take some days to achieve the target , So be patience's .
ALL THE BEST....
AXIS Bank Crossed above Ascending channel support at monthly TFAXIS Bank - Crossed above Ascending channel support line at monthly time frame
Target 1 : 762
Final Target : Ascending channel resistance R3 zone
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NTPC - Descending channel formation at monthly time frame NTPC - Descending channel formation at monthly time frame
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MARUTI SUZUKI - Monthly chart viewMARUTI SUZUKI - Monthly chart view
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L & T - Ascending channel pattern formation at monthly TF(Long) LARSEN & TOUBRO (L&T) - Ascending channel pattern formation at monthly time frame
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JUBILANT FOOD - Ascending wedge pattern resistance breakoutJUBILANT FOOD - Ascending wedge pattern resistance breakout at monthly TF - Long
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ITC - Descending triangle pattern at monthly time frame - LongITC LTD - Descending triangle pattern formation at monthly time frame - Long
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IOC - Ascending broadening wedge pattern at monthly time frameINDIAN OIL CORP (IOC) - Ascending broadening wedge pattern formation at monthly time frame - Long
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INFOSYS - Ascending channel resistance breakout at monthly TF INFOSYS LTD - Ascending channel resistance breakout at monthly time frame
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ICICI BANK - Ascending parallel channel resistance breakoutICICI BANK - Ascending parallel channel resistance breakout at monthly time frame
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HERO MOTOCORP Ascending broadening wedge pattern at monthly TF HERO MOTOCOPR LIMITED - Ascending broadening wedge pattern formation at monthly TF
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GAIL - Ascending triangle pattern at monthly TFGAIL - Ascending triangle pattern formation at monthly TF
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COAL INDIA - Descending broadening wedge at monthly TFCOAL INDIA - Descending broadening wedge pattern formation at monthly time frame
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Zee Learn-is it a Multibagger?looking good for short term as well long term
Currently in Monthly and daily demand zone
Golden cross over formed
Highest market cap in education sector
PE ration 7 Vs industry PE 13 Undervalued
Share book value 15 undervalued
Invest only that much which you can afford to loose