KPITTECH has given a box breakout and is in a strong uptrend with the sector being bullish too. One can look to make entries around cmp. The breakout is on back of a false breakdown which gives the trade more confidence. Stop loss should be around 1425
Infra theme is going to be on the forefront in 2024 following the Budget in which the sector was highly talked about. GMR Infra has a very high weightage in the same and the chart looks very appealing. One can start accumulating this stock as it's at a crucial demand zone. View invalid below 75. Targets can be big
United Drilling Tools has given a box breakout with strong volumes. The sector being in a strong uptrend, one can take an entry in this stock with the stop being at 265. Targets can be exceptional if held positionally, it can very well retest it's previous lifetime high around 600
Weekly Time Frame:
On the weekly chart, SUNDARMHLD is displaying strong bullish signals. The stock is currently undergoing a retest, which often signifies a robust support level. What's particularly noteworthy is the formation of a rounding structure, indicating a potential reversal or continuation of the current uptrend. This structure has the potential to set...
You can expect bullish momentum in the current or next week.
Disclaimer: This video is for educational purpose and not a recommendation. The analysis posted here is just our view. Do your own analysis or consult your financial advisor before making any investment decision.
Welcorp has beautifully formed a cup and handle pattern in weekly time frame.
Currently, stock is trading at the neckline.
Be cautious in this stock as there can be multiple stoploss hunting before genuine breakout.
Targets can be minimum 100 points from CMP for positional and long term perspective.
In Hourly chart NSE:AFFLE has given the breakout of Double top. Previous trend was uptrend. Price Objective for the same will be the height of top.
* It is my analysis and not a recommendation to buy or sell.
AWHCL trading a little above life low and charts are signaling bullish reversal.
it has formed a falling wedge pattern and a breakout with good momentum is done.
now if it breaks the previous consolidated range/ or say previous swing high and managed to close a daily candle above 300 price then we can initiate new long position and the time frame...