This is weekly chart of Auropharma with CMP @ 781.40. It looks an excellent investment idea based on following observations:
1. Price during Feb 2015 to Aug 2018 (after massive bull run from Aug 2013 to December 2015) was trading in a range which is shown on the chart by drawing support and counter trendline with arrows indicating multiple supports and...
TORNTPOWER has formed ascending triangle pattern on daily chart. Stock is poised for upside breakout above 286/288 zone. RSI has demonstrated downward-sloping trendline breakout on friday's session with volume.
SGX continues to blow hot and cold thus dictating the domestic trends. We observed that the Daily charts of Nifty has been indicating that the recent decline has reached into strong supports to the ascending trendline. Hence we reckon some rally to emerge in the next few days ahead of the expiry. The key level to watchout for on the downside is 9700 at the moment....
BEL has been a very broad range and going nowwhere but yesterdays close had a bit of volume in it. Tomorrow if BEL crosses 182.80-182.90 levels with good volume and RSI crossing to above 70 levels im going to buy it for targets of 183.95-184.40.
Stops will be at the breakout candle low. If the trade risk reward ratio is uncomfortable its better not to trade it or...
ENGINERSIN has broken out of a falling Trend line.
RSI (14) has also broken out.
Volumes are increasing and above average.
Price seems to be heading to newer highs.
Target 1: 162
Target 2: 171
Bosch Ltd. is on the verge of a breakout.
RSI (14) has already broken out of falling Trend line.
Volumes are also above average.
Price seems to be heading to previous highs.
Target 1: 24000
Target 2: 25500