The analysis is done on Weekly TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. NOTE - Usually Price Shows reversal with help of certain setups - Inverted H&S, Cup & Handle, Wedge pattern & Ascending Triangle Pattern. The above analysis is purely for educational purpose. Traders must do their...
On Friday, there was some volume buying in Godrej stocks with godrej industries reaching 20%. Godrejagro has finally given a closing above 200 week moving average which was around 500. We can expect 550 in short term and above it, we might see ATH levels as well. Support is around 455-460 levels. Keep on watchlist. Idea shared for educational purposes
Tracxn Technologies can give a breakout above the 103.40 level. It has a possible side of 121, 136. One can place a stop loss of 93 levels on a weekly closing basis. Also, good volume can be seen on weekly time frames. 103 can act as a support level. The stock needs to close above the 103 level on a weekly time frame. Disclaimer: I am not a SEBI registered...
BIG BREAKOUT COMING SOON after 700 round figure .after that mus be touch 13 years breakout level soon
Kalpatru is already in all time high zone in the monthly chart. If you had miss that then this candle has given a break out above the highest all time high level. Volume in weekly chart are very good. RSI is above 60 showing good Momentum and strength. Monthly chart RSI is also strong.
A candle with good volume has given a break out above the all time high level. Volume in weekly chart are very good. RSI is above 60 and has taken a support on 60 level as well showing good Momentum and strength. Monthly chart RSI is also strong. Looks good to go high
MUTHOOT FUT made rounding bottom pattern on WEEKLY charts & trading above neckline with good OI build up. Could be bought positionally with mentioned stoploss & target.
BHEL Ready for weekly breakout. Volume also good. Upside Targets - 98-100-102 Weak Below 85.
BAJAJ FINSERV Looking ready on Weekly charts for Targets of 1800 by Aug End. LTP - 1480 SL - 1430 Targets - 1800+ Time frame 3 Months.
triangle pattern consolidation trading above 20 and 50 sma weekly strong chart buy the dip
triangle pattern breakout in weekly chart. tpl plast can show aggressive moves upside above 50 level.
#kothari petrochemicals making weekly flag and pole . strong support zone at 55 fundamental + technical buy
TEGA stock was bearish from the time it was listed and never had given a weekly breakout over 620. It has given a strong weekly breakout and looks like it can test the listing price once it gives a daily closing above 650 levels. One can have keep a watch on it. This idea is shared just for educational purposes.
DEEPAKNTR fut is about to break above triangle pattern on WEEKLY charts with OI building gradually. Could buy above 2099 with mentioned stoploss & targets. Not to be missed breakout for bigger targets with very good Risk:Reward Ratio.
HUDCO has shown H&S Pattern Breakout on weekly charts ... can move to 95+ in 1 years timeframe.
PIDILITE has confirmed weekly Breakout with huge volume. Expect 20-30% ROI in stock in coming few weeks till Diwali. Happy Investment.
BBTC (W), 1009 is looking good to breakout from weekly consolidation channel. BBTC just crossing 200 wema at 1025. Target 1250 to 1380 in medium term. Buy above 1030 is better. Invalid below 875 on weekly closing basis. Big weekly breakout with volumes happening.
SMS Pharma can be Good Long term Investment with Pharma Sector showing the Buying Interest Again. Weekly charts suggest Reversal in Trend & the Long Term investors can be rewarded by 2x-3x Returns in coming Years. Targets Given purely based on Technical charts & No Fundamental Analysis done. Please do your Homework before taking any call on stock. Happy...