We 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,
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...
Dr Lalpathlab has corrected significantly post its all time high of around 4200.
As seen on the chart, the stock is standing on a crucial support trendline and also has recently bounced from its strong demand zone in weekly time frame.
RSI positive divergence can also been seen in the chart.
This stock can touch levels of around 2330, 2600 in medium term.
Kindly...
Route is looking strong if it gives daily closing above 1400 for minimum targets of 1600.
Q4 results have bettered the estimates.
Also, stock has recently given bounce from strong support trendline.
Kindly trade as per your own analysis!
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.
Bandhan bank is continuous downtrend and currently, we can see a bounce from its strong demand zone of around 200 levels.
The stock is forming higher lows in smaller time frame.
Looks like a good swing stock for targets of 250 and above. 235 might also act as a small resistance.
Keep in watchlist. Trade as per your own analysis as this idea is shared only for...
Weekly chart of INDIGO seems like a bounce from a strong support trendline. The candle of 31st March is a strong bullish marubozu candle.
Looks good for an upmove.
Trade as per your own analysis.
GAEL 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.
Energy sector stocks have shown support reversal or breakouts in recent times.
Analyzing CNXENERGY, we can see that sector has retested its breakout trendline. Looks bullish !
Hello traders,
As I said will start posting good long term picks in the last idea.
IEX is the first and largest energy exchange in India providing a nationwide, automated trading platform for physical delivery of electricity.
As we all must know this. This is a really good company with great potential and strong fundamentals.
I had already mentioned about the...
Voltas is engage in business of Air conditioning, refrigeration & electro-Mechanical Projects & having Market cap of Rs. 32500 CR. Company is almost debt free & having healthy dividend payout background.
On Daily time frame it is taking strong reversal & moving towards previous high. Expecting a good movement here onwards.
Follow THE DECISIVE because WE HELP YOU...
INDUSTOWER was hovering around its old trendline support for the last few sessions and has finally given a decent upside move. Is it reversing from this support? Perhaps. Time to start building long position. Further longs can be added once we get a retracement followed by continuation.
