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!
SL 690 CMP 695 TGT 730
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.
Stock has given a crucial closing in today's session and has almost confirmed an inverse head and shoulders breakout on weekly charts. Stock can really show a big move from here as all the PSUs are going through rerating and this can be a very good play considering this rerating theme. A long position is recommended with respect to the levels mentioned on the charts.
Closing over crucial levels in today's session has confirmed breakout for the stock, another PSU rerating theme stock. Go long on COALINDIA with the respective stoploss and targets.
Stock has struggled to give closing on these levels but has finally given in today's session. this is another play to capitalize on PSUs rerating theme. Stock can show some good aggressive bullish move from here so a long position can be taken keeping the levels mentioned on charts in mind.
Stock looks to be in bullish trend and now it seems that it may give a breakout if it breaches the level of 655, if it does, then there maybe some aggressive bullish action in the stock. One can definitely lookout for this stock for a long position if the conditions are favourable.
Stock has given a clear inverse head and shoulders pattern breakout on weekly charts in today's session and looks pretty much ready to approach higher levels. Buying looks to remain intact and long positions can be taken.
Stock has confirmed it's inverse head and shoulders breakout on weekly charts over the levels of previous close, it looks ready for a big upside move from here as tyre stocks are still in traction. A long position is recommended with the mentioned stop-loss for the mentioned targets.
Stock has cleared the breakout levels in today's session and gave a comfortable close above those levels, which confirms the breakout, can definitely be bought here with the respective stop-loss for an expected profitable trade.
Stock has indicated a clear breakout on weekly charts, even if it consolidated on these levels buying will still be intact, just chip in with the mentioned stop-loss for a comfortably profitable long position.
Stock has given a breakout of inverse head and shoulders pattern on weekly charts over the levels of 540, uptrend is intact and fresh position can be taken with the stop-loss of 540 for the targets of 800.
According to my analysis a very good breakout of cup and handle pattern is observed and crossover has happened in moving averages. so very good upside move is possible. Disclaimer: Dont invest based on my views.
Trendline breakout Could c a target of 3800 if market supports Have started OUTPERFORMING from nifty(relative strength)