After the previous run , stock has gone into a consolidation & formed a bullish triangular structure. The breakout of the structure suggests , sail has more upside in the coming session . Look for the target of 105 levels . SL should be maintained at 86
Key level 240 . Above 240 structure will finally change to a bullish scenario. If rejected from 240 , it is more vulnerable to create a new low breaking the level of 135.
I will look at buying BEL because :
It is at the resistance and that resistance may act as support .
It has chances of reaching lifetime high
Entry : 126
Target : 195
Stop loss : 85
Tatamotors can give 3x returns hold it for long term
Do not sell if it falls buy more at dips
Enter : 158/175
Target : 243/317/460
no stop loss do not sell it
I will go LONG on AJANTPHARMA because:
The price is forming a Chanel Pattern .
The price is also under Support/Resistance zone.
It has touched the support (lower end of trendline ) and may reach the resistance zone (upper end of trendline ) .
Target would be the Resistance area . Book profit when it reaches the resistance zone .
Entry - 1638/1578
Target -...
I WILL LOOK AT BUYING OPPORTUNITIES AT ABFRL because :
It is forming a expanding channel pattern .
It has been taking the support of the lower trend line .
Now the price may reach its support level so will be looking at buying opportunities.
Entry : 160/157/153
Target : 204
Stop loss : 140
