Rounding bottom formation on STEELCITY daily and weekly charts, forming a cup and handle pattern. Keep track on volumes brekout for trade confirmation.
#USHAMART Usha Martin Ltd. NSE:USHAMART NSE:USHAMART CMP: 97.75 Short term quick target 107+ Long term higher expected. SL: 89 Duration < 1 month Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above...
Inverted head and shoulder pattern. Indicators are showing positive signals. Use every dips for the target. When looking fundamental, It can go more than that the above target level. Vijayaraghavan.K, Kovilpatti,Tuticorin dist.
#MAYURUNIQ NSE: MAYURUNIQ CMP 470.45 Target 20% = 569 SL : 430 Time Frame < 4 months Factors: Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge...
#EMAMILTD NSE: EMAMILTD CMP 527.75 Target 1: 596 + Target 2: 668++ SL 495 Time Frame < 7 months Can hold the stock after booking in parts. Factors: Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at...
#TATAMETALI TATAMETALI CMP: 1055.70 Target: 1300++ May Hold if longer time frame planned. Stoploss: 897 (on close price basis) Time Frame: Less than 3 months. Factors: Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Higher Highs & Higher Lows. Breakout above RESISTANCE levels Trading at SUPPORT levels Fundamental are strong. High...
buy above 43.20 keep SL below 40