LG BALAKRISHNA & BROS DAILY CHART ANALYSIS AS ON 16.12.2021LG BALAKRISHNA & BROS as per Daily chart analysis the stock has broken resistance 547 and today the stock has also broken resistance 587. Above 625 for a target 650. Resistance at 657 level.
Resistancebroken
PRECISION WIRES DAILY CHART ANALYSIS 14.12.2021PRECISION WIRES as per daily chart analysis has broken the resistance 345 level and stock above 365 level then target 380 is achievable
GANESH BENZOPLAST DAILY CHART ANALYSIS 14.12.2021GANESH BENZOPLAST as per daily stock analysis the stock has broken the resistance 105 level today and above 109 level for a target 115 level.
BAJAJ CONSUMER DAILY CHART ANALYSIS 13.12.2021BAJAJ CONSUMER as per daily chart analysis has broken the resistance 200 level and formed a bullish doji candle. Target 220 should be achieved in few sessions. I have entered the stock today based my own set up and lets see what happens. Today there had been a strong selling irrespective of nifty had good gap up and even it had broken the consolidation zone 17600 level.
HIND RECTIFIERS LTD Daily chart analysis 13.12.2021Posted 12.12.2021 two scenario for Hind Rectifiers and both was for bullish break out and today the stock had hit the second resistance level 215 by making high for 214 which was the second target before closing at 208 level. Happy Trading to all.
Canara Bank Daily Chart Analysis 12.12.2021CANARA BANK as per daily chart analysis once the stock breaks resistance 222 above 226 level for a target 240 level.
GRANULES INDIA Daily Chart Analysis 12.12.2021GRANULES INDIA as per daily chart analysis Posted 9.12.2021 above 337 level and on 10.12.2021 the stock made closed at 344 level and from here it will hit the target 350 level and retrace for a brief consolidation for break out for the next target 369 level
BAJAJ CONSUMER DAILY CHART ANALYSIS 12.12.2021BAJAJ CONSUMER as per daily chart analysis has made a consolidation break out and also broken the resistance level 200. Stock above 202 level for a target 220 level.
ADANI PORTS DAILY CHART ANALYSIS 10.12.2021ADANI PORTS posted yesterday above 777 level for a target of 787 and today the stock made a high of 795 level before closing to 767 level. Today Had a intraday trade in the stock. Whatever stock i post i do trade as per my capital allocation and don't post just for the sake of it. Happy weekend and Happy Trading to all.
GRANULES INDIA Daily Chart Analysis 10.12.2021GRANULES INDIA as per daily chart analysis has broken resistance 335 level and expecting to hit the target 350 level. yesterday Posted above 337 level and today stock closed at 344 level and lets see whether 350 is achieved on Monday.
GRANULES INDIA Daily Chart Analysis 09.12.2021GRANULES INDIA as per daily chart analysis has broken resistance 310 level and broken the downtrend channel. Once 337 is resistance is broken then target 350 is achievable.
GRANULES INDIA Daily Chart Analysis 08.12.2021GRANULES INDIA as per daily chart pattern analysis today has formed bullish candle breaking the first resistance level of 310 along with break the down trend channel. Stock should move uptrend with next resistance at 335 level.
INFOSYS DAILY CHART PATTERN ANALYSIS 02.12.2021INFOSYS as per daily chart analysis once the stock breaks 1750 level and above 1755 level then target 1785 is achievable.
MAYUR UNIQUOTER DAILY CHART ANALYSIS 02.12.2021MAYUR UNIQUOTER as per daily chart analysis has broken the multiyear resistance line and also broken the channel and above 512 level and target 520 is achievable.
Fin Cables- A Good Setup in Weak MarketHi All,
The benchmark index (NIFTY50) has become somewhat weak now or to put it better we can say that the power of bulls is now being challenged by the bears. In this phase the trader needs to become really cautious and find some really good setups where the R:R should be given highest priority.
Above is the weekly chart of one such setup. Finolex cables gave a trend reversal signal and now the stock price is aiming towards its ATH price level. It has given a good clear breakout along with volumes ( also note the volume breakout in May) while the benchmark is falling. This fact makes this setup strong.
While currently the R:R is not favorable. I would wait for a pullback towards the green line which should now act as a support and any reversal signs after testing the green line would mark my entry into this scrip with 1st target at the red line.
I would request to whomsoever watches this idea, give sometime to this setup, mark your own entry/exit strategies before executing this trade.
Remember, a failed plan is far more rewarding than a successful guess. You can comment/message, any feedback/suggestions/applause.
Like I always say, let's learn and earn together :)
KEC International Broke 52week high with 52week highest volumeKEC INTERNATIONAL Broke 52week high with 52week highest volume. Since Monthly R3 is an immediate resistance, one should go long only when it retraces to the support line i.e 500 price level
MUKTA ARTS Broke 52 Week High with Huge VolumeNSE:MUKTAARTS closed above 52 week high with an exceptional volume. one can accumulate the stock in between 44.7 & 47.45 for 10% upside.
SHAKTIPUMP Retesting 750-770 LevelNSE:SHAKTIPUMP Broke above the longterm resistance level 750-770 level on 14th October with an exceptional volume. The stock has revisited the said zone in the last two days and withstood it. Idea is to go long here with 680 as SL and 880 as Target for short term
A clear breakout with decent volumes. Good time to go long.SIEMENS is giving a fresh breakout from 2320. A good time to go long above 2320. for short-term Targets 2470 & 2578. Can keep a stop loss below 2200
LAXMIMACH Broke Inside Candle PatternNSE:LAXMIMACH Broke longterm resistance line at 8400. An Inside candle Pattern dated 5th Oct 2021 is also broken. The volume that's seen on 14th Oct 2021 was never seen in the last 6 months.
IBREALEST above longterm resistanceNSE:IBREALEST has closed above the longterm resistance. please put this stock in your watchlist. we can expect a good movement upside
#SBI resistance taken out and trending upSBI has taken out previous resistance and heading higher in a parallel channel.
Momentum and trend is bullish on all timeframes and bank nifty at all time high.
Lifetime Resistance Breakout Positional and Investment Pick !!
Excellent Fundamentals and very strong Business
