Monthly trendline breakout + cup and handle breakout.
Monthly RSI above 60, bullish.
Monthly charts, so it may take time but can give 40-60% returns in 2023
Buying range 17-20
Targets 23-28-32 and if something even better happens, then even 40.
SL - 14 on weekly closing.(around 20-25%)
Nmdc has broke out of a cup pattern IMO according to the technical analysis theory the target should be around 156 and moreover it has broken out of a channel on 1d timeframe basis.
*Only for educational Purposes, not a financial advice*
IDFC is a Parent Company of IDFCFirst bank which holds Approx 37% Stake in IDFCFirst Bank.Currently IDFCFirst bank has a Valuation of 31000Cr. 37% will be Valued at 11000Cr.
IDFC also has Mutual Fund Business with 1.26LCr AUM. Recently Listed Aditya Birla AMC has a AUM of 3.1Lakh Cr. So Market is Valuing 1LCr AUM of AMC at 6000Cr Mcap. By this Logic, IDFC AMC...
Good Heavy volume Breakout on weekly charts
anyone wanted to buy with good risk reward and positional he/she can start buying from cmp 6569
Happily Add till 6000
Tgts 7000 8000 9000++
If you have good patience it will make your portfolio stronger.
Business area of the company
Schaeffler is actively engaged in innovating and shaping the global pace of...
Technical indicators Bullish
Classic triangle pattern break out on weekly chart of TEXRAIL. Now expect 40----45 levels fast Once Break Out Above 38 Expected Sharp Upside🚀
Texmaco Rail Consolidated March 2021 Net Sales at Rs 605.64 crore, up 39.65% Y-o-YTexmaco Rail Consolidated March 2021 Net Sales at Rs 605.64 crore, up 39.65% Y-o-Y.