Cipla: Breaking Out for New Highs - A Technical AnalysisIs Cipla ready to touch new highs?
Cipla recently provided a breakout on January 2nd, following an extended period of consolidation. During this consolidation, we observed the formation of a bullish continuation Head and Shoulders pattern. Now, with Cipla executing a perfect retest after the breakout, we are optimistic that the skies are the limit for its new journey.
Stockanalysis
Voltamp Transformers Limited - Long Setup, Move is ON...#VOLTAMP trading above Resistance of 5515
Next Resistance is at 9237
Support is at 3345
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Sanghvi Movers Ltd - Long Setup, Move is ON...#SANGHVIMOV trading above Resistance of 998
Next Resistance is at 1363
Support is at 633
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Time Technoplast Ltd - Long Setup, Move is ON...#TIMETECHNO trading above Resistance of 187
Next Resistance is at 232
Support is at 152
Here is previous chart:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Chalet Hotels - Long Setup, Move is ON...#CHALET trading above Resistance of 588
Next Resistance is at 891
Support is at 337
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Thermax - Long Setup, Move is ON...#THERMAX trading above Resistance of 3428
Next Resistance is at 3916
Support is at 2635.60
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
CG Power and Industrial Solution - Breakout Setup, Move is ON...#CGPOWER trading above Resistance of 527
Next Resistance is at 647
Support is at 417
Here is previous chart:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Hercules Hoists Limited - Breakout Setup, Move is ON...#HERCULES trading above Resistance of 542
Next Resistance is at 732
Support is at 352
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Bajaj Auto Ltd - Long Setup, Move is ON...#BAJAJ_AUTO trading above Resistance of 7865
Next Resistance is at 8903
Support is at 6186
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Abb India - Long Setup, Move is ON...#ABB trading above Resistance of 4750
Next Resistance is at 5888
Support is at 3782
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Hercules Hoists Limited - Long Setup, Move is ON...#HERCULES trading above Resistance of 352
Next Resistance is at 542
Support is at 235
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Solar Industries India - Long Setup, Move is ON...#SOLARINDS trading above Resistance of 6292
Next Resistance is at 8047
Support is at 4683
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Granules India: Is It the Next Opportunity?- Is Granules India our next PFC contender?
- Similar move, pattern, and good strength observed.
- It's worth considering a speculative move.
- However, we must not risk everything.
- Our course of action:
1. Granules India's current market price is around 476.
2. We will Wait for today's closing, which should be above 474 to meet our bullish trade condition.
3. If the first condition is met, we'll buy above today's high, with today's low acting as a small stop loss.
- Due to the trade's riskiness, we'll manage quantity to mitigate risk.
Breakout in Vidhi Specialty Food Ingredients...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Tata Investment Corporation Ltd - Breakout Setup, Move is ON...#TATAINVEST trading above Resistance of 8793
Next Resistance is at 10596
Support is at 6095
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Breakout in Infibeam Avenues Ltd...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Kirloskar Brothers Limited - Long Setup, Move is ON...#KIRLOSBROS trading above Resistance of 653
Next Resistance is at 1009
Support is at 356
Here is previous chart:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Tata Investment Corporation Ltd - Breakout Setup, Move is ON...#TATAINVEST trading above Resistance of 7762
Next Resistance is at 8793
Support is at 5386
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Tata Motors Limited - Breakout Setup, Move is ON...#TATAMOTORS trading above Resistance of 941
Next Resistance is at 1483
Support is at 600
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Triveni Turbine - Breakout Setup, Move is ON...#TRITURBINE trading above Resistance of 486
Next Resistance is at 552
Support is at 364
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Marathon Nextgen Realty - Breakout Setup, Move is ON...#MARATHON trading above Resistance of 515
Next Resistance is at 811
Support is at 333
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.