NMDCNMDC is coming out of consolidation after long 4 months. So now as long as it is above 82 then it seems it may continue to rise higher and higher. The high since 2010 is nr 102. SO if it rises above 102 then there is v high probability that it will enter in to long term bullish zone and have potential to give multi fold return from there on. Keep it in watch-list and grab the opportunity whenever risk-reward is in your favor.
Strong
J&KBANKJ&KBANK
Clearly broken Weekly consolidation range, Accumulation is looks like over.
Has Strength of PSUBANK Sector
Breakout on trend line and consolidation achieved.
Price showing strength and above all major EMA/s on daily & weekly.
NB: Not a Registered Advisor. Many time I failed with my setups. Do take advise from your financial advisor prior trade.
POLYCABNSE:POLYCAB
Weekly chart represent the strength of the stock.
On Weekly , stock above all major EMA validating its strength.
Nice Weekly demand zone is available around 7K which showed its strength of breakout.
Price currently returned to re-test breakout area.
On Daily , Price below EMA20 and near to EMA50 represent the pullback not a seller dominance.
Two major trendline support is also available to hold or return the price.
Two probable setups available as shown in chart.
NB: Not a Registered Advisor. Many time I failed with my setups. Do take advise from your financial advisor prior trade. Here I am just sharing my views to community, not advising to anybody for buy or sell.
Breakout in SHAKTIPUMP - Spotted Smart money activityNSE:SHAKTIPUMP moved to priority list, Handle formation awaited as it has positioned well with a horizontal resistance of a larger range.
It will be a 3rd Entry Trigger - On breakout of 1030
Fundamentals Looks great - Strong EPS and Sales.
FPI - Increased stake by 3% in last quarter - making it 5.16% Total.
Volume Showing smart money jumping in.
Keep On Radar- 📈
Keep Learning, Happy Trading.
ICICIGIICICIGI has given triangle breakout with very decent volume. In recent time traction in insurance sector has been observed. At current level 2000-10 there is resistance. But if it crosses and closes above this resistance level then it may do wonder! On lower side 1860 is very strong support. And upper end momentum can be played up to 2210 level. But strong upside play is possible only above 2010 closing
GMDCLTD GMDCLTD seems very strong on weekly charts. Shown strong momentum in recent trading days. And closing above 200 MA since last 5-7 sessions. Now if it closes above 385 then again it may resume its uptrend and may go up to 460 levels from here. 350 is very strong support. So closing below this may change my view
Hindware-Looking strong for a big uptrend!Hindware has formed a double bottom pattern at a very strong support trendline and has given breakout of the neckline.
If Q4 results are better then expected, we can see a good trending bullish move in the stock.
Keep in watchlist. A relatively Safe trade as big targets can be expected.
"AVIATOR PATTERN" FORMATION IN BANK NIFTY CHART ANALYSISAnalysis for 4th March'24
Strong bullish recovery last week from 46200 to 47200 confirms the "aviator pattern" or "W" formation also looks like instutional are actively bullish.
Also BN has broke strong 2 month daily resistance & lastly closed just above that resistance which gives a indication of bullish dominance. Thus this resistance becomes "strong point of confluence" ( check on chart) can also act as strong support or resistance in future.
Still wait for opening print for 15-30 mins to decide the direction flow of bank nifty, gap up opening may give bulls to move fast or if gap down below 47200 may lead to bearish trend or sideways as BN trading on make or break area.
Resistance : 47700, 48000
Support : 46700, 46200
GSK Pharma- Ready to breakout?As explained, Glaxo is looking strong for a reversal near support trendline. Trendline breakout can be a beartrap.
RSI positive divergence in weekly TF is supporting the analysis. Best buy is near 1265 with SL below 1227 and target of 1345+.
However, this idea is shared just for educational purposes and not a recommendation.
JSWEnergy Another energy sector stock on watchlistWe have seen good support reversal or breakouts in Energy sector stocks from past couple of weeks.
JSWEnergy is looking very attractive at 240 levels for a strong support reversal for medium term. Keep on radar for big target of 300 and above.
Idea shared only for educational purpose,
Alembic pharma can blast anytime!APLLTD is one of the few pharma stocks which have not shown upmove in the past couple of months.
I had observed similar pattern in Auropharma and IOCLP and these stocks have rallied over 30% from their support trendline.
You must definitely keep this stock in your watchlist as around 650 levels is the minimum target one can expect.
Kindly trade as per your own analysis since this idea is shared for educational purpose.
ANDREWYU Daily looking bullishANDREWYU Daily has trendline breakout with 200 ema support on daily candle.
Good to buy at 25.25 for target of 33.70 with sl below 21.80
ALong
GAEL near a triangle breakoutGAEL recently has bounced from strong support trendline. Stock is showing good Risk Reward ratio at CMP
Bullish Breakout of symmetrical triangle pattern will be confirmed above 260 levels.
Chart shared only for educational purposes. Kindly trade as per your own analysis.






















