NSE:BAJAJ_AUTO The Stock has already corrected 38.2% from the top and displaying strong support around 3150. The next support zone can be 2850 below which it is weak. Idea: Buy only 40% of your target volume and add more on dips till 2850.
The stock is bouncing back from 38.2% retracement levels, taking support at long term support zone of 650-675. Below this stock will be weak and should take support around 550 levels. RSI 10 shows a positive divergence. A perfect position to buy the stock around 710-725. Potential upside 20%
Stock has corrected significantly from the top. Now trading at near long term support zone of 23000-23500. RSI exhibits a positive divergence. Maintain strict stoploss if closes below 23000.
Long term reverse H&S formation completed in ERIS LIFE SCIENCE. Breakout of neckline is confirmed with increased volume. Potential 200 points upside. CMP 576.10. Support zone 570-550. SL 520. Long term investment.
Maruti has already retraced more than 38% from the top. Long term support zone at 6450-6400 which it held in two occasions in last few months. Short term support seen at 6250-6300 levels which can be treated as the stop-loss zone. RSI divergence is prominent in the stock. Idea: Buy Maruti around 6400-6450 range with a a strict stop loss of 6250-6300 zone.
Prominent Head and Shoulder break down today (12/4/21). Potential 20% down side possible. Support zone at 2000
Flag pattern break in JUSTDIAL. Already bounced back from resistance zone. Potential upside 35%. CMP 685.70
After few days of consolidation, ABB BO the resistance zone. Potential upside target can be 1400. Support zone 1200 - 1180. Stop loss around 1150 on closing basis.
Long term resistance breakout. Probable support zone till 86. Stop Loss 80 on closing basis. 1st Target 110. 2nd Target 130. CMP 95.20
Trend line breakout in BAYERCORP stop loss 4950
BO in LTI around 3500. taking Support zone of 3500 -3400. After 2 months consolidation it has break out the resistance. Potential Tgt 4100 4200
Long term reverse H&D in JK tyres. Good volume breakout of the neckline (23.10.2020). Significant breakout from the long term down trendline also. Setting up a new trendline. Look for buying opportunities on the retracements.
Long term triangle pattern break out with volume support.
Short term resistance breakout for DRREDDY. Posible target 5300. Strict SL at 4975
After multiple attempts, triangle break out in DRLALPATHLAB. Price consolidated since October in the highest range and finally breakout last trading session. Support zone 2380 - 2330 and SL 2270 on closing basis. Potential upside till 2800.
DHANUKA AGRI CMP 781.65. Short term down trend BO with volume support. SL 700
Short term triangle breakout in ATUL AUTO. Taken support in the previous resistance zone. Risk takers can initiate Long at CMP 6480 with SL 6310. Or You can initiate a long position when it cross previous high at 6700. Potential price movement till 7000.
Short term trend reversal signal in RSI divergence. CMP 2509.70. Stop Loss 2420. Potential target 2700