upl looks bullish in medium termIn weekly, price bounced from ascending channel support,
also hidden bullish divergence seen
sl - 766, tgt1 - 894, tgt2 - 940
Uptrend
big ascending triangle forming in NestleIn weekly/monthly, ascending triangle is forming here, also 7300-7450, is a multi year resistance zone.
So after breakout the pattern will be confirmed, and we can get a tgt of 9200+
In shorter time frame, trend is up, BB is is trending upward and candles are riding above 20 ma,
we ll discuss in detail about the tgts and sl, post breakout
Astra Microwave Products Ltd Time to keep a eye on this stock anything close to 105 should be a buy , pure defense play. hold for 24-36 months would be a multibagger
Rpower - At verge of RevivingIt has been observed on the daily chart that the price action rebound on the strong support zone of 38-39 previously and now, it has done it. It is indicating a good buying at those levels and now it shall boost this rally further up.
As per fundamentals, It is trading a low P/E and below its book value which is another good value addition for buyers to initiate in it. Now, if it stays above 39 levels then it shall further rally up from current levels.
Short Term View,
T1- 42
T2 - 44
SL- 39
Longterm:
T1- 50
SL 36
bharat financial inclusion looks bullish in medium termIn weekly, price is consolidating above strong support zone, also it is trying to retest the support zone,
in daily hidden bullish divergence is seen
it looks bullish in longer time frame, so we can see 1400 level here,
with an initial sl - 870, one can ride the uptrend here,
ENIL looks bullish in medium termIn longer time frame it is in established uptrend.
In weekly , price at ascending channel support.
In daily regular bullish divergence is seen
with a sl - 730, 1st tgt - 950, 2nd tgt - 1050
STock is forming Higher high and Higher low patternVedl looks good for target 247-248 & above with SL 236
Wockhardt Pharma Ltd. Buy Every Low Dip With Support 540Wockhardt Pharma Ltd. Buy Around 625-630 Stoploss 540 Target 720-830.
Bharti Infratel looks bullish.In weekly, price broke out of descending channel and moving up. 1st tgt - 422. 2nd tgt - 475.
In daily, hidden bullish divergence seen
hdfcbank looks bullish in short/medium termIn daily, price bounced from ascending channel support, with the formation of bullish piercing line.
Also hidden bullish divergence formed here.
titan looks bullish in short to medium termin daily, price bounced from ascending channel support after forming hammer. hidden bullish divergence seen here
sl - 579, tgt1 - 645, tgt2 - 680
india glycol looks bullish in long term, In monthly, it has given a multi year breakout, one should buy at every dip here.
tgt1 - 380, tgt2 - 540
escorts looks bullish in short term, in daily, symmetric triangle formed and breakout happened with good volume,
also price closed above upper BB and BB is expanding, sign of bullishness.
sl - 610, tgt1 - 725, tgt2 - 758.
tata chemical looks bullish in short to medium termIn weekly, price broken out of horizontal resistance/parallel channel,
also it closed above upper BB and BB is expanding,
sl - 615, tgt1 - 720, tgt2 - 740
colgate palmolive looks bullish in medium termIn weekly, there has been a multi-year resistance breakout , then retesting of the breakout level.
in daily hidden bullish divergence is seen,
sl - 1005, tgt1 - 1166, tgt2 - 1267
erosmedia looks bullish in short to medium termIn daily, price broke out of descending channel with good volume,
also price is pushing above upper BB, and BB is expanding, sign of bullishness.
1st tgt - 245, 2nd tgt - 257 final tgt - 270 sl - 203
kaya looks bullish in medium termIn daily, price bounced from trend line support with good volume,
regular bullish divergence formed here,
also BB is expanding and candles are riding the upper BB
also in weekly, good probability for round bottom formation
sl - 845, tgt1 - 1100, tgt2 - 1180
Capital First looks bullish in short termIn daily, price bounced from channel support, hidden bullish divergence also seen.
In weekly, it is at trend line support
sl - 710, tgt1 - 795, tgt2 - 820
USDCHF - Up Trend - TVP break analysisABCD is an Up Trend, 'E' being the TVP of the trend.
Candle 1 and 2 broke the TVP and gave rejection to go in the downside direction, hence the bias stays inline with existing trend bias (Upside).
Entry (Long) comes at TVP level.
First target is at level 'F' , Second target is in 1:4 RR.
Stop is placed below Swing 'B'. As price moves stop can to dragged to break even.
prima plastics looks bullish in short to medium termIts long term trend is quite bullish.
In weekly, it just bounced from a trend line support. Also lower BB is moving up, and price bounced from lower BB.
with a sl below the trend line support, one may aim for 305 as 1st tgt.
PC Jewellers looks bullish, it is riding the wave 3.EW analysis in weekly, shows it is in wave 3 now, wave 2 was a flat correction, with a shallow retracement. So wave 3 should be extended here.
wave 3 projections shown here.
KSCL looks bullish in medium term to long term. In weekly, price bounced from ascending channel support and moving towards the channel resistance.
sl - 525 tgt1 - 705, tgt2 - 740.
laxmi machine looks bullish in short termIn daily, price at ascending channel support, it can move up to 6300, 6700 levels
