HUDCO is following the triangle pattern since the IPO listing. considering today's move it may give Breakout to test the listing day low and later test high all time high.
A bullish Flag and Pole B/O has been seen on the weekly chart of BSE:ZFSTEERING It is als consolidation within the Ascending Triangale also.
As per the current breakout structure of flag and p [ole one look in to it to create a fresh position at cmp with a SL 590 for first target of 690. The tragts may be more hisher when it gives the breakout of the Ascending...
The correction in HIKAL LTD seems to be done, the wave counting has been mentioned in the chart. Currently the stock is trying to a time wise correction and has consolidated for a time being try to form a rounded bottom structure and taking support on a curve during the correction phase.
Interestingly HIKAL LTD has a trading cycle of forming a low in every 88...
Very early to predict for upside but great company and management nd fundamental give confidence to go long so buy mey be we have to take one more entry
RIL has crossed the resistance of 1484 and closed at 1487. Stock is making triangle pattern and MACD is moving in the positive zone.
Buy @ 1485, Target @ 1552, Stoploss @ 1430 Time fram- 1 Week
