ELECTRONICS MART INDIA LONG CONSOLIDATION BREAKOUT POSSIBLEEMIL shown tremendous strength from IPO LISTING TO 250 LEVELS.
THIS RETAIL GIANT IS AGAIN READY FOR BIG TARGETS
Recently promoter sold stake & SBI Mutual
Fund bought maximum of stake sold by them.
It is in Long consolidation with tight base formation heading towards new highs.
Tightconsolidation
Tight close range - One side moment is expected in coming weeksThese tight ranges often result in a one-sided moment. Considering the current sentiments, there is concord among market participants about what the future holds for crypto, which is reflected in the price moment.
Resistance: 44k-49k
Support: 37-38 K
HPL / HPL Electric & Power Ltd - 5 Months tight consolidation brHPL
1) Time Frame - Monthly. Kindly change the time frame to weekly for better understanding.
2) After consolidating at its IPO base level / Previous All Time High for 5 months the stock has broken out and closed with strong bullish candle & volume.
3) As It is a cup pattern breakout the target as per the cup pattern would come around the price (1860) in the long term.
4) Recommendation - Strong Buy
ATL / Allcargo Terminals Ltd - 6 Weeks tight consolidation breakATL
1) Time Frame - Weekly.
2) 6 Weeks tight consolidation breakout from Its IPO base in weekly with huge bullish candle and volume.
3) As per the Cup with handle pattern breakout Its Next resistance / Target would be around the price (86 - 24% from the close).
4) Recommendation - Strong Buy