Rk forging (going to be RocKing Forge) RK forge going to be RocKing forge
Looks good in Parabolic uptrend pattern.
Time Frame Monthly.
On closing above 813+ in monthly chart makes it more bullish and can rally to
Tgt 1 : 1298±
Tgt 2 : 1500±
Shared it for EDUCATIONAL purpose based on chart pattern and My STUDY.
Do your analysis from your side too.
This is not a BUY or SELL RECOMMENDATION from my side.
Uptrend-buy
PRAJIND - 6 Months Downtrend Breakout Praj Industries Ltd
1) Time Frame - Daily.
2) The Stock has been in a Downtrend since (December, 2023). Now It has given a Downtrend breakout & Closed with good volume & good bullish momentum candle in Daily Time Frame as well as Weekly Time Frame .
3) The next resistance would be it's Previous Life Time High (650.50 - 10.15% from the price 590.40) .
5) Recommendation - Strong Buy
MAZDOCK - 10 Months Consolidation BreakoutMazagon Dock Shipbuilders Ltd
1) Time Frame - Weekly.
2) The Stock has been in a Consolidation since (July, 2023). Now It has given a Consolidation breakout & Closed at it's All Time High with good bullish momentum candle & with good volume in weekly Time Frame.
3) The next resistance would be around the price (3375 - 22.40% from the price 2756.65).
5) Recommendation - Good Buy (Since the result is coming up, Plan accordingly)
MOTILALOFS - 3 Months Consolidation / All Time High BreakoutMotilal Oswal Financial Services Ltd
1) Time Frame - Daily.
2) The Stock has been in a Consolidation since (January, 2024). Now It has given a Consolidation breakout & Closed above it's (January, 2024) Previous Life Time High with good bullish momentum candle & with huge volume in daily Time Frame.
3) The stock may find It's next resistance around the (price 2390) in short term
5) Recommendation - Strong Buy
SIGACHI INDUSTRIES - 2 Years consolidation / IPO Base BreakoutSIGACHI
1) Time Frame - Monthly.
2) The Stock has been in a consolidation / Downtrend since its listing (November, 2021) and has given an IPO base / Previous Life Time High breakout & Closed with strong bullish momentum & Good volume in monthly time frame.
3) Since it is a cup pattern breakout, The stock may reach the target (182) as per the cup pattern breakout target in the Long Term.
4) Recommendation - Strong Buy
ITDC / INDIA TOURISM - 6 years consolidation breakoutITDC
1) Time Frame - Weekly.
2) The Stock has given 6 years consolidation breakout with huge volume & strong bullish candle close in weekly.
3) The next target / resistance would be its previous life time high (747 - 17% from the current price 636.70).
4) Recommendation - Strong Buy
INFIBEAM - 5 years Consolidation BreakoutINFIBEAM
1) Time Frame - Monthly.
2) The Stock has been in a consolidation zone / Downtrend since 2018 and has given a breakout & Closed with strong bullish momentum & Huge volume in monthly time frame.
3) INFIBEAM may reach its previous Life Time High (50.50) in the Long Term.
4) Recommendation - Strong Buy
DDEVPLASTIK looks good for swing tradeThis particular stock has maintained a consistent uptrend pattern ever since its initial public offering (IPO). It not only boasts a commendable Return on Capital Employed (ROCE) percentage but is also nearly debt-free, which is a remarkable financial strength.
Recently, it exhibited a promising bullback and breakout, demonstrating its potential for substantial growth. Presently, the stock is retracing to what is often referred to as the 'demand zone,' a technical indicator that suggests a strong support level.
Given these strong fundamentals and the recent technical indicators, the stock appears to be an attractive investment opportunity at its current price.
KNR Construction buy call for good returnThe stock breakout Inverse Head & Shoulder 3 session before with good volume. RSI just shows above 60, required to remain above 60.Bullish cross Over in MACD & On Last session Close above Ichimoku Cloud.
Buy above 300
CMP-299.85
Terget-352
Stop loss-280
Happy Investing
44 Moving average trade + Uptrend channel #1 | Mindtree A very innovative strategy of 44 moving average + support lvls of trendline or u can say a good up trending channel :)
Well, one should always trade this pattern if u know how to manage the risk :)
risk should be the money = after losing it u don't feel sad.
Happy trading and be happy :)