BullishLine

BullishLine

Tata Chemicals had a strong breakout with a huge candle on the weekly closing day. Tata Chemicals was in a 9-month rectangle symmetric pattern and recently broke out with good volume. While it has potential to reach its resistance, it's better to wait for a slight correction or retracement before entering. If it comes back to the breakout area, that would be an...

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As we can see from chart GUFIC BIO has formed a big green ingulfing candle on last trading day and touched the resistance level. we have to be little smart here, on Monday if it breaks 233 level and sustaining above that then only we can enter. But if it comes back on 210 level which is a good support level, again we can take some position. We can expect at least...

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Stock is all set to break its resistance level. It was consolidating in a uptrend rectangular pattern for more than one year, It has given a decent green closing for the week. It seems more likely to give a breakout. We have to wait till it breaks its resistance. On the other side NIFTY has reached at its all time high (ATH) level. So, it might fell down going...

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About Comapany Navin Fluorine International Ltd primarily produces refrigeration gases, inorganic fluorides, and specialty organofluorines. They also offer contract research and manufacturing services. Their portfolio consists of 50+ developed fluorinated compounds. Fundamentals The company is expected to have a strong quarter, and they consistently pay a...

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Company's Overview RITES Limited is a company in India that was started in 1974. It is a government-owned company and is known for its expertise in transportation consulting and engineering. The company is the only export arm of Indian Railways for providing rolling stock overseas. Technical As visible from the chart price has retested its resistance multiple...

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Company overview. Angel One Ltd is a Diversified Financial Services Company with market share of 21.5%(As per previous year data). Company Offers wide range of services like Broking, Research, Advisory, Loans, and More. Fundamentals of the company. >>Positive Points about the Company: *Reduced Debt. *Consistent Profit Growth of 52.2% CAGR in the Last 5...

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About Company The company is a leading producer of Fluoro-polymers, Fluoro-specialties, Chemicals, and Refrigerants in India. It ranks among the top five global players in the fluoropolymers market and exports to Europe, Americas, Japan, and Asia. Technical Analysis The share price of Fluorochemical is currently at a 30% discount. Over the past two years, the...

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Despite a negligible decline in Q1 earnings, Wipro has experienced a strong breakout today. While there has been some profit booking and a minor correction after the significant momentum, it would not be accurate to consider it a false breakout. In fact, there is still significant potential for further growth. After a 50% correction, Wipro is now set for a...

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Bajaj Electricals has been trading in a sideways pattern for the past 10 months, as shown in the chart. In May, it broke out of this pattern and started moving in a upward trend. If we zoom in and look at a smaller time frame, we can see that another sideways pattern has formed within the larger pattern. We have two options: we can wait for the price to break...

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Keep a close track of NATIONALUM because it's close to breaking out. For the past year, the stock has been moving within a supply demand range, forming a rectangle pattern. By Looking at chart, you can see that it has repeatedly reached resistance and then returned to its support level. Today, it has once again reached that resistance level, and it seems likely...

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=Today, Tech Mahindra showcased a significant breakout after consolidation within a parallel channel pattern across multiple time frame. =After undergoing of correction of over 50% last year this stock now seems to give a good momentum. We can reasonably anticipate a potential gain of at least 10% from this level. NOTE- Do prepare your setup and then Analyze....

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Stock is accumulating in Symmetrical Triangular pattern in a daily time frame. After consolidation period of 9 months stock has firmed strong upward move with good volume and more likely to break its resistance. If we see RSI, it's also indicating a big momentum is on the way. We will wait till its trend line is broken, if it does and sustains above the Line that...

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Today it has breached out its trend line after consolidating in ascending tringle pattern. Trade can be initiated now and can be exit by putting 1:1 reward ratio. buy near @ 811 and 812 Targets -1 @855 Stoploss -780 We will update more post market

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As marketing Dynamics have shifted towards the bull run after a long period of consolidation. Nifty witnessed strong rally in last trading day and touched record high. Where lot of sectors and stocks have shown significant run up but CDSL is still available at 30% discount, If we look at its financials there is no red flags concerning its fundamentals. We can...

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Finally, after 10 months of consolidation Sun Pharma had broken out its resistance level on a daily timeframe. We can see a good uptrend from here.

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Yes, we can do swing trading in this beautiful rectangle pattern. We can see it has given a breakout in smaller time frame as well. we can buy at 116 using stoploss of 6% only if it's sustaining above the line, we can aim for at least 15%.

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Stock is consolidating at a good price range. Any size of green candle can be considered as a trigger. It is indicating a good swing trade. Fundamentals wise ICICI bank has given a good Quarter and Quarter results. Low risk high reward stock.

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Shriram trans fin has made a multipattern break out . its more likely to touch monthly resistance level. may consolidates on monday or retest back. already bought at current level. just given idea it's not call at all.