NOCIL as per daily chart analysis has just breaking its down trend channel and it has strong resistance at 250 level and its broken then target 265 is achievable.
APEX FROZEN FOODS as per daily chart analysis after fall through the down trend channel today the stock has finally broken the channel and once the stock crosses above 305 level then target 320 is achievable.
RALLIS INDIA as per daily chart pattern analysis iam very surprised to find the stock has not shown any sign of recovery after hitting the support levels and once it breaks 243 level then next support level is at 238 and next is placed at 232 level. I hope tomorrow being bullish the stock should reverse from here and consolidate to move upwards.
KRSNAA DIAGONISTICS as per daily chart pattern today the stock tried break the consolidation zone and anything above 712 level then the target is 745 level. Nifty forming an inverted hammer candle on the daily chart shows a lot weakness. So trade carefully for tomorrow.
SUNDARAM FASTNERS as per daily chart analysis the stock is in consolidation since jun21 and it tried to break out on the 3rd attempt and now it has taken 5th attempt today to breakout and above 892 level and target 905 level.
NIIT as per daily chart pattern analysis the stock has a resistance at 436 level and once it breaks then 456 level is the target. It has support at 407 and 367 level.However one can see a fresh buying opportunity only after full correction completed.
BALRAMPUR CHINNI MILLS as per daily chart analysis has come back to its consolidation zone. However one can see a fresh buying opportunity only after full correction completed.
GRANULES INDIA has taken the support of its previous resistance 310 level as its support and if it breaks the support 310 level then the next support is 303 level and breaking the trend line another support at 295 level for the stock to reverse.However one can see a fresh buying opportunity only after full correction completed.
RALLIS INDIA as per daily chart pattern analysis has taken the trendline support and if it breaks then 255 is the next support level followed by 243 support level for the stock to reverse. However one can see a fresh buying opportunity only after full correction completed.
Vedanta Posted Earlier once the stock above 348 level then target 375 is achievable and it made high of 373 level and closed at 367 level. Today made a fresh entry and also exited profitably. Hope all had a profitable trading day.
Posted On 22/11/2021 ELECON ENGINEERING as per daily chart analysis ABOVE 195 Level with Target 200 Level and Today the stock had closed at 212 Level. Happy Trading To All
Balrampur Chinni Mills as per daily chart analysis its a highly consolidation stock. Once the stock breaks resistance 328 level and sustains above 330 level then the target 350 is achievable. Holding the stock and Happy Trading to All.
GRANULES INDIA as per Daily Chart Analysis today had broken the consolidation and also broken its first resistance level 310 and closed at 313 level. The Stock should move from here and next resistance is at 335 level. Holding the Stock and Happy Trading to all
Elecon enginerring today has broken the resistance above 190 level and target 200 level and i have entered the stock on my own analysis. Happy Trading to all.
Supreme industries' results came out positive and the price is near the potential reversal zone of the XABCD bullish shark pattern.
The targets and the stop loss is mentioned on the chart.
Happy trading :)
This is just for educational purposes.
Tiger Logistics has formed a rounding bottom and looks bullish. It is a smallcap company listed only in BSE with bad figures and better results are expected this quarter. It is a high-risk high-reward pick and the chart looks bullish. Keep strict stoploss. It may create a handle formation to create a cup and handle in its chart so keep that in mind too.
