Retest
GSPLAfter resistance breakout from 240 level the stock showed consolidation and then continued uptrend breaking further resistance levels of 280. After a irregular retest wick rejection has been shown from support and the stock now plans to continue its trend.
KIRLOSKAR BROTHERSAfter breakout with volume the stock has shown an irregular retest and has again continued its rally.
EMAMIPAPAfter Breakout with exceptional volume the stock has shown retraction from previous high levels. After a wick rejection from the resistance zone it has again continued its uptrend.
HOVSHead and shoulder pattern seen. Good volume. Possible breakout. Buying opportunity after retest.
Buy Happiest MindsBuy Happiest Minds Stoploss 525 Target 600 and above
Study : Triangle Breakout and Retest Structure
#GLAND Re-test of BO done #GLAND Re-test of BO done
1. Good to BUY on DIPS
2. Accumulate upto 2530
3. CBSL 2430
4. TARGETs 2706, 2879, 3099,
3214, 3290, 3379+
Buy Gland PharmaBuy Gland Pharma near Retest are of 2490-2500 with stoploss of 2300
Study : Inverse head 7 Shoulder Pattern Breakout and now Stock is trading near retesting area
Enginers IndiaBreakout with good volume. Irregular retest complete. Wick rejection shown. Buying opportunity on next move.
Bharti Airtel On SupportThere are based information on previous data and demand zone
we can see bounce back at support level 520 then we can see upper move .
Note NSE:BHARTIARTL : These views are personal, don’t rely on these levels, it’s borrowed analysis
Borrowed things are injurious to your wealth
focus on learning
Add discipline and do things seriously
Stock market is not game, it’s business
Buy Bajaj Consumer Buy Bajaj Consumer stoploss 245 Target Near 275
Study : Stock is trading near Retest level of Previous Breakout
MRF Swing View MRF coming days probable movement :
1. Can complete H&S pattern and bounce back.
2. Retest breakout level and bounce back.
3. May breakdown if sustains below 80000(less probable though)
Sharda Cropchem Breakout and RetestNSE:SHARDACROP
Fundamentals :-
ROE for last 3,5,7 and 10 years > 15 (greater then 15 is good).
Sales and Profit 5 year CAGR at 13.55% and 11.68% respectively (double digit growth and increasing sales every year since 2010).
Debt to equity at 0.02 (less than 1 is good), Interest coverage at 115 (greater than 3 is good), Current ratio at 2.40 (greater than 1.5 is good).
Dividend yield of 1.25% and constant dividend payer since 2014 (investor friendly).
Positive cash flow company.
PE (12) less than long term average PE (18.5).
All in all, good fundamentals and room for growth.
Breakout happened on 15th' February, now it's retesting the breakout point. Buy if it crosses Rs.344 with a stop below Rs.300.
LUMAXTECH Pull back and Cont.Looks good for swing trade LUMAXTECH gave INV H&S BO on Weekly chart
Consolidation on Neckline can be seen.
Sustaining above 166.50 Levels can be good upside move
