CENTENKA (Weekly):- CMP 327.25 looks good for upside :) 1) Multiyear Breakout :) 2) Volume Buildup
GODREJCP is forming Inverted Head & Shoulders and Cup and Handle patterns on the weekly chart. The chart is also showing bullish strength after consuming the selling pressure that since the 12 May Marubozu candle. It appears the stock can breakout from here toward its all time highs of 980.
Gold against Dollar may give some rest for bulls, for last few weeks this pair have been aggressively bullish, but 1840 area which is very crucial zone for this pair may have some retracement before the price goes up towards 1920 area in the coming month .. Analysis only for education purpose
Nifty breached 15140 level which was act as strong resistance and closed 1575.30 formed bullish candle. hope it come for retest in coming season.
Banknifty breached it's important levels of 34040.80-34147.10 and form a big strong green candle in 1D time frame, so upcoming week we can see 35000 levels easily. banknifty closed at 34606.90, monday it may retest the fist support of 34450 level. In first 15 min candle have to watch how it sustain these level.
ZEEMEDIA (Weekly):- LOOKS GOOD FOR UPSIDE :) 1) Change in polarity 2) Weekly Breakout
Volume contraction shown in this stock, lets see what occure
CHENNPETRO (Weekly):- CMP 126 Looks good for upside :) 1) Multiyear Breakout :) 2) Huge Volume + MACD Divergence
For Education purpose only Bank Nifty forming triangle pattern. Upside : 33942 is major resistance. Downside : close below 30966, we can see BIG downfall. Dtd 16th May
All possible moves depicted on chart.
IL &FS Investment - #Weekly Analysis #Cup and Handle Breakout CMP 6 Buy some qty here Add more if get 4-5 rs levels SL below 3 rs Target 8.9- 12.5- 17- 20-25-30+ Holding period - 2-3 years
ORIENTCEM (WEEKLY)):- CMP 200 Looks Good For upside :) 1) Multiyear Breakout :) 2) Reversal Pattern + Volume Buildup
SHREEDIGCEM (WEEKLY):- CMP 74 LOOKS GOOD FOR 100/130++ 1) Follow Dow Theory :) 2) MACD (W) DIVERGENCE + Volume Buildup
THEMISMED (WEEKLY):- CMP 460 Looks Good For upside :) 1) Multiyear HR. Breakout :) 2) MACD Divergence (W) + Volume Spurts
enter @1290-97 range with small sl can book good profits trgt 1414-1517-1650++ possible good company with good financials. simple short term analysis🤝🤝
One can intitate Buy position in BIOCON with target of 424.40 and 485.55
this chart has shown a beautiful head and shoulder pattern this chart can give breakout any time buy after break out extremely bullish for this stock buy buy buy!!!!! targets and stop loss mentioned it s a weekly chart targets will be achieved in the span of 3 months to 10 months