TAKE SOLUTIONS VIEW Trendline breakout seen earlier in 1d timeframe, can be a good buy at retest/backtest level which happens to be at around 53-54 zone with a strict stoploss of 52.50 level (on closing below basis only). May show a good upside movement after being trapped in flag for a long time now.
As we can see monthly candle has breached the strong resistance zone/level with a good/more than average volume , if the monthly candle manages to close above 35.95 level, it will be considered as multi-year Breakout. One can go long with buy on dip strategy till 36 levels for the target of 51, 55 and more in 9-12 month time-frame or wait till the candle doesn't...
SPIC can be seen breaching the resistance, If manages to close above 35.20 lvl today, can go long for the target of 39.45. THIS VIEW OF MINE IS PURELY BASED ON TECHNICAL CHART, BEWARE OF NEWS.
LUPIN can be seen breaching the important resistance level/zone with the good volume, can make long position at CMP or can be really good pick at around 1122 level if it visit this level or also can buy at any pullback (if comes). may show good upside move upto 1280-1300 level. probable movement is shown on chart. stop-loss should be on closing below 1070...
Bodal chem can show good move, If you trade on Breakout method then 81-84 lvl is good zone of resistance, if manages to give weekly closing above this zone with a good volume, can expect the good upside move and it'll be a perfect head and shoulder neckline breakout. This View of mine is irrespective of news and purely based on technical chart only. So trade wisely.
CAN BE A GOOD PICK AROUND 109 LVL ONLY IF MANAGES TO SUSTAIN ABOVE THAT LEVEL IF BREAKS THIS LEVEL THEN CAN SHOW 103-105 LEVELS, 103-105 LEVEL CAN A GOOD ZONE TO BUY. THIS VIEW OF MINE IS PURELY BASED ON TECHNICALITY OF CHART, BEWARE OF NEWS.
in weekly timeframe BREAKOUT can be seen in HUDCO, cleared the hurdle/strong Resistance of 46.55-47.50 zone or levels. if manages to sustain above 46.55 lvl or if doesn't close below that level on weekly timeframe can make a long position for short term or mid term for the above given targets. OR if you trade on BREAKOUT method can enter on candle closing above...
descending triangle pattern breakout can be seen on chart, can be a good positional pick at around 955-960 lvl or if you trade on breakout method can enter above 980 lvl for the given target. 930 lvl should be a stop loss (on closing basis). the possible path is shown on chart. THIS VIEW OF MINE IS PURELY BASED ON TECHNICALS BEWARE OF NEWS.
Following a channel and respecting the same perfectly, may show 309, 305, 303 lvl downside, 299-303 lvl zone should acts act as a strong support zone if breaks that zone may show 292, 285 lvl downside. If manages to sustain above the 299-303 zone can make position for the given upside targets, a good upside move can be seen soon.
Head and shoulder pattern breakout (dont know if its master perfect) with quite good volume can be seen on 1 week timeframe, can be a good pick around 396-402 zone (only if shows that lvl) or can buy around that lvl (+-3). Can go for the target of 457, 475 lvl. Avoid if it trades below 395 lvl..
Will be a good pick around 101-103 zone(If shows) and if sustains there can go for the given targets or can play breakout strategy on daily candle closing above 108 lvl..
Respecting trendline and acting as a strong support, can make a position at 409/410 lvl for the target of 440 and 460 or if you usually trade on breakout method then let the daily candle close above 423 lvl for the same target.
The recent candle sustained above the important zone/lvl of 112/113, can be a good positional pick at CMP for 120, 125 level.
Auropharma facing strong resistance at current trend line. if breaks current trendline may face resistance on next one.