With strong volumes in the green candles, Reliance Industries displays the bullish falling wedge pattern. In the upcoming days, we will likely see a good breakout in the 2525–2530 range, and in the coming weeks, we can forecast a rise upwards of more than 2600.
Good day,
Hello Traders,
KEI Industries looking bullish and strong on weekly basis as it can head towards upside in the upcoming Q1 and Q2.
Time Frame: Weekly
It also depends how market behaves.
Chart Self Explanatory.
Disclaimer: I am not SEBI registered analyst; this is for educational purposes.
Please trade as per your risk and do consult with your...
As you can see, stock made strong base and is facing resistance.
Therefore, you can buy in range of Rs 4400-4420. Once it goes below support area then immediately sell otherwise keep with you and wait for the good upside.
Company also has good Fundamentals.
Looks good on charts as per My View in very short Term this stock has Potential to give 20/30/40%
Good time to Invest.
#BULL
#UPSIDE
#DYOR
head and shoulders pattern in tata steel on 1 hour time frame at the level of 1190~1250 , we can see potential targets to be achieved in the near future or like in a month or 2 weeks , you can enter after it crosses 1220 who are eager to enter and for safe traders they can after 1240,
*ABOVE 50 MOVING AVERAGE
* VOLUME SPURT
Auto sector has not participated much in the NIFTY rally, but seems that the index is getting a push now. TATA MOTORS seems to be a good candidate. After recovering from low, it is consolidating nicely at a important fib level (seems like accumulation is going on). The stock is trading above near/med/long term moving average.
A beautiful Head And Shoulder pattern is formed and breakout has happened . The best part is that stock has retested as well. After a long fall and consolidation there looks a Decent upside For Decent Targets. Target could be its all time high.
NSE:MAHLOG
Mahindra Logistics Ltd. engages in the development and implementation of customized, technology-enabled logistics solutions. It operates through following segments: Supply Chain Management and People Logistics Solutions. The Supply Chain Management segment comprises of goods transportation service, including warehouse management service. The People...
This was on my list too, been recommending to accumulate this from 490, it had to give a breakout which it has, in today's session. The fair value of almost all the Godrej stocks is much higher than they are priced right now, which is why we're seeing some re-rating in these stocks. Be it any reason but they have to re-rate because of the fundamentals they have....
Again, this stock was on my list from past month where it had to be accumulated and it has finally come out of the consolidation zone, it looks likely to give a breakout over 560 this week, make your positions on the long side with the mentioned stop-loss, stock has a lot of potential and can actually surpass it's all time highs!
Confirmed breakout on weekly charts, stock will look to test higher levels from here. These levels are good enough for anyone who wants to take a long trade with minimum risk. Buy is recommended keeping the levels mentioned on charts in mind.
