BHUMIT-ARQ

BHUMIT-ARQ Updated 

Buy Range : 250-255 Targets : 285 / HIGHER Stoploss : Just below 227

BHUMIT-ARQ Updated 

Targets : 296-312 Buy range : Above 256 Stoploss : 220 Duration : 4-5 weeks

BHUMIT-ARQ Updated 

Buy range : 910-925 Targets : 1000-1025-1085 Stoploss : 870

BHUMIT-ARQ Updated 

Targets : 1445-1500-1533 Stoploss : Just Below 1345 Duration : 8-9 trading sessions

BHUMIT-ARQ Updated 

Targets : 325-330 Buy range : 270-280 Stoploss : 256 Duration : 5-7 weeks Outlook : Current Daily chart structure of SBIN a participant from public sector banks is suggesting a potential set up of “Three Hills and A Mountain” chart formation. The above said pattern is rare, but a very reliable pattern and consists two trade setups; one "short"...

BHUMIT-ARQ Updated 

Targets : 675-700 Buy range : 620-630 Stoploss : 580 Duration : 4-5 weeks Outlook : The strong up move in the share price of Tatachem from June 2017 bottom of Rs.585 saw the stock registered a resolute breakout with volumes above the falling trendline joining the previous highs since May 2017 thereby signalling a reversal of the corrective...

BHUMIT-ARQ Updated 

Targets :3015-3235 Buy range :2850-2870 Stoploss :2710 Duration :4-5 weeks Outlook : The key observation on the price chart of Piramal Enterprises is that the stock has recently registered a breakout above the upper band of the falling channel encompassing the entire decline since June 2014 high of Rs 3088.95. It signals end of the corrective phase...

BHUMIT-ARQ Updated 

Targets : 1385-1450 Buy range : 1305-1325 Stoploss : 1215 Duartion : 4-5 weeks Outlook : The share price of Siemens has been consolidating around the support level of Rs.1290-1300 for the last three weeks signalling base formation at the major support level being the confluence of: The long term trend line support joining the major highs of Rs.1396.45...

BHUMIT-ARQ Updated 

Targets : 4850-5120 Buy Range : Above 4500 Stoploss : Below 4090 Duration : 4-5 weeks The most important observation in the share price of Blue Dart Express is that the stock has formed a bullish “Double Bottom” as the lows of May 2017 and June 2017 are almost identical at around Rs 4165 signalling a reversal of the corrective trend prevailing...

BHUMIT-ARQ Updated 

Targets : 180-166-156 Sell range : 190-195 Stoploss : 228 Duration : 4-5 weeks Outlook : After a second failed attempt to breakout from a previous highs of Rs 226.25 (Touched in mid of May 2017), Indiacem has now corrected resulting into break down from a support trendline joining from 105.10(December 2016), 153(March 2017) and Midpoint levels...

BHUMIT-ARQ Updated 

Targets : Minimum Pattern Targets 70 Stopzone : Above 98 Initiation Zone : Range 90-87

BHUMIT-ARQ Updated 

Targets : 192-200-220 Buy range : Above 180 Stoploss : 167 Duration : 3-4 weeks Rationale : The share price of Torrent Power is currently placed at a major value area around Rs 170-172. The corrective decline of the last two months has the underpinning characteristics of a secondary correction within the larger uptrend. We believe the stock is...

BHUMIT-ARQ

Targets :760-800 Buy range:Above 696 Stoploss :620 Duration :4-5 weeks Outlook : The share price of Escorts has registered a falling trendline breakout on the daily chart signalling a reversal of the corrective trend and offers a fresh entry opportunity to ride the next up move in the stock. The stock has witnessed a strong rebound from the lows of 635...

BHUMIT-ARQ

Targets : 410-420 Buy Range : Above 356 Stoploss : 319 Duration : 2-3 months Outlook : Current chart structure of MOIL a participant from Mining & Minerals sector suggest a potential “ Inverted Heads & Shoulders pattern setup on the 3 line break charts. This pattern is a reversal pattern signaling a bottom as it occurs following a downtrend. As...

BHUMIT-ARQ

Targets : 910-960 Buy Range : 830-840 Stoploss : 760 Duration : 4-5 weeks Outlook : The strong up move in the share price of Bharat Financial Inclusion from May 2017 bottom 651 saw the stock registered a resolute breakout above the falling trendline joining the previous highs since October 2016 thereby signalling a reversal of the corrective...

BHUMIT-ARQ

Buy Range : CMP or at (price range 760-770) Targets : 805-830-860 Stoploss : Below 720 Rationale : Witnessed a breakout from a Falling channel consolidation (Black parallel lines), in previous trading session with sharp surge in volumes. Oscillator turns positive & heading upwards. 14-RSI is coming out of oversold zone giving break above its own trendline. Slow...

BHUMIT-ARQ

Buy Range : CMP & 180-185 Targets : 202-215-227 Stoploss : Below 170 Rationale : Witnessed a breakout from a downward sloping trendline post 2 weeks sideways consolidation (Black coloured line), in previous trading session with sharp surge in volumes. Holds above 200-EMA Line on Hourly as well as on Daily charts. Oscillator turns positive & heading upwards....

BHUMIT-ARQ

Buy Range : 665-670 Targets : 700-735-760 Stoploss : 625 below (closing basis)