Berger paints formed a double bottom an took a reversal we can go long after the range breakout marked in chart. comment down below your views and if you enter the trade just inform.
Watch MPHASIS , the stock gives a clear breakout on day timeframe
Watch Axis Bank for the upcoming days, there will be a breakout soon....
SWSOLAR has been in an expanding channel pattern and it is it at the resistance level appears to be ready for a breakout, it has huge upside potential if it breaks the level, it might move higher to fill the gaps that are formed in the past, Wait for a strong candle to close above the trendline, that will be a good entry
Add the stock to your watchlist, there's chance a breakout soon!
DR LAL PATHLABS is at a proper support level and it appears to be bouncing from the support entry above 3820 and the targets will be 3900 and 4050
bharatforg has broken out of a triangle pattern we can see higher levels if it sustains the breakout 785 will be the entry, and we can hold it till it reaches 820-830
BPCL is moving in an extending channel pattern It could give a good move after the breakout 490 will be the first target, if it fails, it may take support at 445 which is a support area
TATA METALICS, has corrected a bit nd reached it's support levels, nd there's even a trendline that has been tested today, we can expect it to bounce back from here. Targets can be 1260 nd 1340
EMAMI has been forming a pattern and it appears to be broken in the lower timeframe with good volume, but in the daily timeframe it hasn't broken yet, It'll gain momentum once it crosses 600. we'll wait till it crosses and then we can get into the trade, it could even come back to it's support levels and then bounce back, with the target 675
MUTHOOT FIN has reached it's support level it's the first time for the stock to test it's support level, it's has a high probability of bouncing back we'll ignore it if it breaches the level. if it bounces, the first target can be 1450, nd the 2nd- 1520
RELIANCE has broken a trendline and got rejected by the first resistance, now it has reached it's trendline to retest, There's a possibility that it will reach the resistance level in order to break it 2150 i.e- resist zone can be the first target
M&M has previously broken the support and now it has regained it, it has even broken the trendline and it has given a retest, it would be a perfect level to enter, 795 should be the target.
EXIDE has been correcting for quiet a bit now it is at it's support level, it can bounce back from here if it bounces, the first target can be 180 and it's been following a trendline, it can also be a target if it breaks the resistance.
SHREE CEMENT has given a breakout and now t is at a support level, we can consider it as a retest, it's not necessary that it should touch the trend in order to make new high's, there's a high probability that it'll bounce back from here "given markets are positive" The first target should be 29500, we can hold it even further, but have to have enough patience
AXIS BANK has been bearish on the last session now its on the support zone, we have seen a bounce at the end of the session, now it is the best place to go long Target 1 would be 755, nd the 2nd will be 765