INDIAN BANK has got a strong channel breakout with heavy Volumes and RSI. Stock is also favourable as per technical analysis, Bollinger Bands, and other tools.
ABC has a potential target of 190. Wait for closing above 176 to have a sure-shot entry. PS: Only for Educational Purposes
IREDA is expected to have a correction of 10-15% in the short term due to negative RSI divergence and weak volumes. Target price: 165 PS: Only for educational purposes.
RVNL is witnessing increasing volumes with support levels. One can buy at 270 for target of 310 (15% approx.)
ZEEL has seen sudden drop in prices. Rebound of upto 195 is expected. Entry: 170 Target: 195 PS: Only for educational purposes
VEDL has given H&S Breakout in daily chart with favourable RSI and Volumes. Can buy now for Short term target of 280. PS: Just for educational purpose.
NMDC has been in upswing from last few weeks. Stock is now witnessing lower volumes. Short from 205 with Target of 175 for short term. PS: Only for educational purposes.
RVNL can retrace back upto 290 in short term after a massive rally. PS: Only for Educational Purposes
KAJARIA is showing strong BB Breakout with favourable MACD Crossover and RSI. Currently, it is witnessing good volume and has strong momentum to give a good upside rally if it breaks the resistance of 1070. Buy around 1070 levels for a short-term target of 1240.
NTPC is facing strong resistance at current levels. NTPC can retrace back to 140 levels in the near term.
A perfect Inverted H&S pattern is formed in LODHA. Stock is also favourable as per RSI, MACD, BB, and S&R levels. Buy at current prices for the short-term target of 1400.