Gati - BullrunGati is looking very strong here.
Near to 200 EMA &strong volumes from past few sessions. In my view we can easily witness levels of 190-200 levels in short run & 220+ levels in mid to long run
Search in ideas for "EMA"
SUZLON is near 200 EMA (weekly) and 52 week high.Suzlon Energy Ltd has been always trading under 200 EMA in Weekly chart, but now it is facing some resistance because of it and also because of support/resistance zone valid since 2018. Last traded price is 7.35 and the 52 week high is 8.45. If it crosses these, expect strong pull back too. But you may enter after this pullback for short term, following the trend.
(Also from May 2018, it can be stuffed inside a rounding bottom pattern too. If true, then it can help it to go up for way more than ever.)
Positive news attached to Suzlon : It has been performing good last week since company bagged an order from CLP India to develop a 252 MW wind power project at Sidhpur.
PS: I am not a SEBI registered advisor. Enter in trades after reaching out to your advisors or at your own risk.
On the verge of a Breakout of VCP Pattern off 200 days EMAIOL CP fell below it's 200 days EMA and found support in the demand zone.. Currently, the stock is on the verge of a breakout of a VCP pattern that is coming off it's 200 days EMA. Generally, a breakout that is off the 200 days moving average is expected to be explosive and with quarter results due on 4th June, could also be expected to play a role in the rally.
SRTRANSFIN - 50 EMA RespectThe stock has respected the 50 EMA in past. It has formed a base in last week, and formed a bullish engulfing pattern. Good candidate for upmove.
Breakout above trendline and 20 EMA If we get to see this script closing above 20 EMA; targets of 240 can be achieved this expiry