DRREDDY BreakoutDRREDDY breaking out from 9-month consolidation, from falling trendline with rising volumes, RSI also breaking out also CNXPHARMA index breaking above all-time highs.
Can expect immediate targets of 5800/6000.
Rahuljain2111
GUJRAT ALKALIES- Breakout RetestGUJRAT ALKALIES, after breaking out from its 1-year trading range is back near its breakout levels, which is a very strong demand zone.
Price and Volume action showing accumulation in this range, expecting the stock to resume up-move, for the targets of 520/645.
TATAMOTORS - Flag Pattern breakoutAfter 3 years, the stock broke out above its very strong Demand/ Supply zone of 280-310 levels at the start of the year and has now formed a very strong base at those levels after 5 months of consolidation and now forming Bullish FLAG Pattern on Daily and Weekly charts, also CNXAUTO sector also on verge of breakout.
Targets as per Fibonacci retr comes out to be 455 & 525, with SL below 280 MCB .
AVANTIFEED Diamond pattern formationaAVANTIFEEDS forming a textbook Diamond pattern on weekly charts. Volumes rising gradually, targets come to be around 775 (Diamond top) and 975 (Diamond length and weekly resistance).
