chart suggest something big , something good coming in this sector for next year , expecting a 40 to 50 % uptick in the counter !
Details on chart.
Possible break out expected the upper side . Positive MACD crossover. And bullish divergence confirm strong chance for a long breakout.
would like to stay long in the counter and expect minimum targets of 285 to 288 in coming week upto monday itself
they are not meant for investment , stay away , stay safe
i see potential in stock to go higher , good opportunity at 174 great support .!!
In weekly and daily chart, signal line cross over in MACD,RSI positive will help to move up further. Targets are from weekly chart 84.2 87.2 90.6 91.15 93.25 Stoploss: 78.4 on closing basis. Vijay, Inditrade,Kovilpatti
NHPC has broken resistance SHORT
Buy GVK Power and Infra at CMP SL: 8.3 T1: 19 T2: 25
NHPC Crossed the parallel line. MACD going to cross the mid line , RSI positive, Stochastic is in mid level in daily chart and oversold region in weekly chart. These Indicators also helps to move further. Target range is 28.9,29.3,29.8,30.2& 31.25. Stoploss is 27.15
Buy TORNTPOWER above 235 T1: 252 T2: 295 T3: 320 SL: 199
Outlook : The stock has been consolidating in a range of Rs 241-210 from March 2017 till date and seen constructing a higher troughs & lower peaks forming a pattern “Symmetrical triangle” (red converging lines), which is considered to be indecisive in nature. The said pattern generally regarded as a period of consolidation before the price moves beyond one of the...
THERMAX Stock price has broken the crucial resistance around 945 - 960 on the weekly charts. Short term moving average has Placed above the long term moving averages and It has been created a long term trend reversal on Weekly Charts. MACD oscillator has showing strength and Trading above its signal and equilibrium line. So One can Initiate a Long Position in ...
The price action on weekly chart indicates a consolidation between 26-36 price levels (10 points range) where currently the stock is trading at the lower side of range. This week closing shall decide further direction in price movement. Keep it in your watch list to gain best out of it on time. I would also appreciate any feedback on it to bring clarity to our...