Inverted H&S pattern on NSE:ABFRL looks good for breakout.
Telecom stocks are positive for long term and Vi is now preparing for turnaround with 5G rollout. Management has done everything they can to ensure things change for the company. It is finally breaking above its previous high. A double bottom breakout is on screen. Waiting for some pullback to enter this.
NSE:TATAMOTORS is now at an interesting point. It can move either but I have positive bias.
One of India's biggest wealth maker is giving opportunity to enter. India VIX has fallen, global tensions seem to be calm. If Crude is under control then margin pressure will be released and profit may see good upside. Sufficient demand is already there.
Last year's hero has been underperforming this year but now seems to be getting back in the run up.
NSE:GSFC broke out and has now completed the retest as well. Expecting the move to continue from here.
If you missed trade in FSL then here is another one. NSE:RUSHIL double bottom breakout awaited on closing basis, price broke out today. Weekly chart looks even stronger, earlier than before. Expecting 20% gains soon.
NSE:COFORGE is now available at a major support. Signs of reversal should lead investment opportunities into this stock. Majorly owned by DIIs and a professionals led management makes it a good stock at PE of 34.
This bank is caught in a 10% range box from almost 4 months now. This is the 7th time stock is near to lower end of the box which indicates weakening of support. NSE:INDUSINDBK is now ready to move out of this box.
Multiple inside bars and C&H pattern indicating a positive move for the stock. Results are due on 17th May for Q4. A significant part of company's revenue comes from overseas operations and subsidiaries. Let' see if it breaks out before results as we are almost a week away.
$CROMP up and going with a 5%+ move. A beautiful double bottom breakout for this consumer goods manufacturer.
After brekaout of Godrej Properties and good sales number from Birla Estates, NSE:OBEROIRLTY is forming multiple inside bar and preparing for C&H breakout.
After months of corrections, corporate action and consolidation Astral is finally ready for new highs!
Nifty has taken support from 21821 and that's it. This is our low. Markets will not fall below this and now we are going for new all-time highs. Modi government will come back to power and this will fire up the markets. Good luck!
NSE:GRINFRA debuted in market with massive 100% gains on listing. The infra giant has fallen after stellar gains and is now on verge of another symmetrical triangle breakdown on daily charts. This can be a turnaround candidate once it breaks out above 1400.
Infra spending is one of the main focus of Narendra Modi government and this will not change going forward because their way of DEVELOPMENT goes this way. NSE:ACC is owned by Adani and they will be playing a big part in this.
Vacations season is back hence Indians will travel again and this time even more. NSE:LEMONTREE is ready to breakout again. How beautiful is this!
RBI has revoked the ban on this bank's application. NSE:BANKBARODA near its trendline support has received the good news from RBI for on-boarding new customers through BOB World app after a fraud was reported. Looking for the stock to breakout for new ALL TIME HIGHs.