HGS is expected to give breakout of the consolidation, Entry can be Above 1705-1707 with the SL below 1683.95 for the target of 1747-1749. The stock is consolidation in that range from last two weeks, Closing above 1700 can lead upto 1845
The stock has formed a Falling wedge kind of Price pattern which is signalling the correction is over for the stock. Any breakout above the price of 730-732 can lead the price to the level of 7%-10% upside in the stock. Stoploss should be mantained below 707 for aggresive traders and below 690 for conservative ones.
Consolidation breakout in Powermech stock is expected in the range of 573.1-575. The stock is consolidating from more than a month in the range of 510-575, Breaakout of which can lead the price higher than 620-623 zones. The stoploss should be kept below 550 in this trade.
The stock of JKIL formed bullish Flag in Daily charts and trading on the verge of breakout, The spike in volume suggests further upside momentum can continue, We would advise to enter above 208 with the SL below 200 for the Target of 224 in near Term. The stocks can reach up to the level of 245-270 price level in mid term.
The stock of Polycab is consolidated in the range of 1340-1380 from the last six weeks. We are expecting the breakout in the range of 1382-1384 in the same, which can lead the price to the level of 1445-1450 the stop loss should be 1344.95 for a long trade.
TastyBite has shown signs of reversal and formed a Dragonfly Doji on the support zone. Any breakout above 14365-14400 with the Sl below 13500 can lead the Price to the level of 15500-15600 zone, It can also reach above the 16000 mark if supported by the strong volume on the breakout.
The stock of Endurance is on the verge of Breakout of Symmetrical triangle pattern which is supported by RSI indicator also. Entry can be made in the range of 1428-1432 with the SL of 1389.95 for the target of 1474-1478.
The stock of Oberoi Realty is forming a symmetrical triangle kind of price pattern, the breakout level is 569-570 and can reach the target of 660-680 with the stop loss of 524.9. the stock is in an uptrend and also supported by the recent development in the sector.
NSE:GRAPHITE is looking more bullish from current levels as It formed a rectangle price pattern on daily chart, Breakout of the same from the Price of 520-524 may lead the price of the stocks to the level of 680-700 in the near term. Stop levels for the stocks is below 458. Delivery Percentage of the same from Last one months gained nearly 7% and One day...