The stock corrected almost 15% in 2 days. A sharp fall after facing resistance at the 1182 level, which is a 6-year resistance. We will now only follow this 4H TF chart. Support was taken exactly from the 1015 zone. The stock will consolidate here. EMAs will catch up. The 1400 zone will be the next resistance.
Institutions increased their holdings @1097. MS has upgraded the target price to 1500. The chart looks absolutely beautiful and clean. Heavy volumes accompany each upward movement, followed by very low volume consolidation. The stock is moving at a very good pace. The valuations are very cheap even after around a 45% upmove. Bajaj IPO valuations after listing will...
Excellent breakout with good volume. 353 is the next target. Hold for the next 10 years; it will create generational wealth.
This is what happens when smart money enters in very large amounts. Also, the hype surrounding the Bajaj Housing Finance IPO is the reason for its listing around a PE of 50. The chart is incredible, with the pink channel as your support and stop loss. Volumes during the entire rally have been amazing. This rally might continue till the 1400 zone, which is the...
It appears to be poised for a breakout, with significant trading volumes observed. The delivery volume has been exceptionally impressive, indicating the potential for a substantial upward movement in the near future. My target range is approximately 280 to 300, with a possibility of reaching 353.
A clear inverse head and shoulders breakout has occurred on the weekly timeframe. Strong volumes are supporting the breakout as well. Expecting a significant rally from here.
This is such a beautiful monthly chart. There have been insane volumes this month. There has been excellent buying by institutions. It is one of the cheapest housing finance stocks in the market. There are strong sentiments with a turnaround story. Patience has been rewarded; now, people who bought with me should hold this gem for the coming quarters. We are in...
Today's cleanout trade was a big, big piece of good news for the upward movement of this stock. It was an overhang that is finally gone. The block deals floor price was set at 775, but the trade was executed at 803. The entire trade was consumed in the pre-market window. As we know, the stock had given an 8-month breakout last month. Today, the stock gave a...
This looks very promising. Ready for a massive rally. Inverted head and shoulders pattern completed. A breakout this week as we await Powell's speech on rate cuts?
The stock has successfully completed the retest on the weekly chart. Now, we wait for the monthly candle to form. Very low volumes so far. It looks good, and I am positive for a good upmove in the next 2-3 months. My medium-term target is 353.
After giving multibagger returns, the stock has been consolidating for 11 months. A QIP was conducted in which many large, reputed institutions participated. No recommendation to buy or sell for now. We will observe the results. Only after that should one enter. The death of Mr. Rupen was unfortunate. The Q2 results will be crucial for this company to gauge its...
The stock gave a monthly breakout in July. It was an eight-month breakout. Today, a breakout was given on the daily time frame. Hold for a target of 1600. This is a medium- to long-term target. Many institutions entered at 775 in a bulk deal. The results were fantastic. This is a turnaround story for the company.
The stock has taken support exactly from the daily trendline with good volumes. Now, it will go for a retest of the upper trendline. We expect it to break the 740 zone as the management has given strong guidance. Heavy delivery volumes have been seen in the last many trading sessions. Once the upmove starts, we might never see this price again.
The stock gave a breakout on the weekly chart a week ago. Last week, the retest was done successfully, and today there was a fantastic recovery. Expecting a serious re-rating from here. An extremely cheap stock. Don't forget that Blackrock entered at 196. The weekly chart looks beautiful.
The third greatest wealth creator stock post-COVID. The stock has given 5400%+ returns since its COVID low of around 20 and has recently undergone a split. The stock is rising in a beautiful channel on the daily chart. A clear double bottom has formed, and the neckline has been retested. The blue bar is the support, and the red bar is the resistance. This is a...
After testing everyone's patience and withstanding all the heavy selling by institutions that hold large stakes, we get a monthly closing above the 8-month resistance. Big institutions have bought in the last month. Expecting a solid re-rating from here. The results were solid as well. NGL this past month was annoying, but now we go to the moon.
Today, the stock attempted to break out during early hours but was rejected. Yesterday, the stock found support exactly at the support trend line. I am expecting something significant to happen this week. We are almost there.
After surpassing the 197 resistance level, the stock is currently trending upward within a defined channel. It exhibits remarkable strength, indicating a potential breakout in the near future. Maintaining a hold position is advised, with a target of 250 and a possible extension to 300.