Logic: Trendline breakout with volumes. Chemical sector reversing. Fertilizer stocks are booming. RSI positive divergence seen. Breakout Confirmation above 2500. Levels mentioned on chart
Monthly chart analysis of Marksans pharma reveals a beautiful cup and handle breakout in the stock. We have seen an ATH breakout already and a consolidation/retracement is bound to happen. The stock is looking strong for multibagger returns with the best buy level for a positional trade is the range of 95-105 Keep this stock in your watchlist. For investment,...
IFCI bullish on monthly chart: 1. Crossed above long moving average in Sep 2. Sustain above half of the sep candle 3. Crossed above a long term resistance line 4. first target is 34
Idea is shared as Long term reversal pick only for educational purposes. Stock name:-Mphasis Market cap around 40000 crore Buy in range of 1950-2050 Technically IHNS Breakout above 2500. SL below 1650 WCB Targets 3500, 4000++ Diving into some fundamental ratios at CMP:- PE ratio-25 (Near 5 yr median PE and industry PE) ROCE-28.9% ROE-21% Debt/Equity-0.2||...
A risky trade in volatile stock. Shared only for educational purposes. Stock is retesting breakout zone and has formed a flag pole pattern. Above 880, stock can go for 960, 1000+ levels. Trend is super bullish. SL is below 840.
#Watchlist #BIRLAMONEY (W):- Looking good for a 150/175 target, With a Stop Loss 78 WCB. #Disclaimer:-View shared it for educational purposes only.
#Watchlist #MINDTECK (W):- Looking good for a 250/300 target, With a Stop Loss 158 WCB. #Disclaimer:-View shared it for educational purposes only.
GMMPfaudler was on my watchlist from past couple of months because of its beautiful consolidation after a fall. Recently, the company has announced good Q1 results due to which a breakout was seen in the stock. It was followed by some profit booking. On friday, the stock gave a gap down opening due to news(GMM selling stake in the stock) followed by a huge...
We could be looking at a clear blue sky break out here few days of consolidation and a continuation or breakdown will show us the way. Conservative targets based on the prior rallies would be much higher than CMP. Any close and break below the breakout level invalidates the call. Keep an eye on this and jump on only if the charts show a clear breakout on a closing...
📌Cup & Handle Pattern ✅Keep a close Eye on it ELECTCAST - Continuation pattern Breakout - Validated with High Volume - Above Key EMAs - Bullish RSI
Godrej industries forming cup and handle and looking good for 700-750 levels.
IFCI is setting up for a big rally. SL can be Rs. 9. Risk reward is very favourable in this case. One can see 35-50-65 levels in this as cup and handle is being formed on weekly basis.
Dont miss this investment stock in your portfolio! India has a very big future in terms of rail infrastructure and IRFC will be a big part of it.
Voltas is a buy at current levels but should be bought in tranches only. Results are expected in couple of days so ideally one should wait for weekly closing for making any entry. It can move towards 1350 levels. Movement will be slow and tough since multiple resistance at 1100 and 1200 levels. SL can be 715 on WCB.
Advanced Enzyme looks good on all time frames with breakout of triangle. Can move towards 500-550 levels from here.
NMDC LTD.. more then 10yrs of base formation..now on chart left shoulder of Head and shoulder pattern under formation on monthly chart.. company also pays ₹5-7 divided... It look like stock is ready to start is second phase after consolidation.. it might take long period to given multiple X return...but in long run can give good & safe return to your investment...
Tata Steel has broken a bullish flag pattern. Expecting this to touch 180-200 in next 1 year.
#Watchlist #LODHA (W):- Looking good for a 750/880 target, if 700 break with good volume. #Disclaimer:-View shared it for educational purposes only.