CINEVISTA-Rounding bottom in monthly chart indicates a possible breakout towads 25. (Foe educational purpose only)
South West Pinnacle: Nice rounding bottom sauver breakout at 160 levels ,suggests the stock is likely to test closer to 200. (For Educational Purpose only)
APOLLO TYRES-Likely golden cross over after consolidation ,if holds 390 400 is on the cards.
INTEGRA ENGINEERING-Likely double bottom with surge in volume suggests ,likely double bottom break out towards 300+
NFL:After testing its suport and consolidation at its support levels for quite a longer time witnessed sharp reversal, Neckline break out at 80 suggests the stock is likely to test 85-90 levels (For Educational purpose only)
PRAKASH INDUSTRIES-Last 4 months forming higher highs and still looks bullish.likely rounding bottom break out pattern indicates likely to test 250+ with 165-70 sl. (For educational purpose only)
ABFRL:After a brief consolidation within the boundaries nice upward move suggests likely Triangle break out towards 230-235,holding above 220 likely to trigger the breakout,watch out for the volume (For Educational purpose on;y)
Power Grid: cup&Saucer break out above neckline likely to test 215+ shortly (For educational purpose only)
Vakrangee-Likely C&S formation suggests neckline break out and possible Tgt of 20+ with 16.5 SL (For Educational purpose only)
TRUCAP FINANCE-has formed Inv H&S Pattern in daily chart.neckline break out at 65 levels suggests a Target of 75+ (For educational purpose only)
NIFTY: Many times we do not require a complex strategy/reading of patterns for trading. Simply following 1-EMA Vs 20EMA Cross over would have given a handsome return/ SIGNAL 1 : 10EMA Cross above 20EMA in 15 Min Chart -Profit:100 Points(Buy Trade) SIGNAL 2: 10EMA Cross below 20EMA in 15 Min Chart -Profit:70 Points(Sell Trade) SIGNAL 3 : 10EMA Cross above 20EMA in...
NIFTY PSU BANK: Had a wonderful rally from 4500 to 5500+,seems profit booking is happening as evidenced by spinning top pattern in weekly pattern ,10EMA cross below 20 DEMA (For educational purpose only)
TEXMACO INFRA-Trend line b/out with volume suggest 85-90+ Target (For Educational Purpose only)
UDAYKUMAR INFRA-Flag pattern break out likely expect it to test 40+ prefer to hold it for short term
CYBERTECH:Signs of Cup&Saucer/Flag pattern break out.fall in price not supported by fall in volume suggests the stock is likely to rebound and neckline break out at 160+levels liley to test 180-positional (For educational purpose only)
ITC:Shall keep in the watch list.Holding above 455 and a break out at this levels likely Double bottom or W-Pattren break out and suggests 475+positional Target
Bank Nifty -Showing lot of indecisiveness with 3 weak candle formation in the latest 3 days and barely holding onto its 100 DEMA.bnifty holding above 44500-800 is very critical. BNIFTY closing above 44800 on closing basis would trigger a rally towards 45000+whereas BNIFTY closing below 43500 would result into formation of Double top/M -Bearish pattern and if...
HEMIPROP: Formed Double bottom in weekly chart. after consolidation shows spurt in volume and is likely to give a neckline break out at 125 levels.if sustains likely to test 145 (positional) (For Educational purpose only)