The stock of Aplltd has formed double bototm price pattern which is a signal of reversal of trend, we can expect a breakout above 950 level and SL will be below 900 for the target of 1026.
The stock is trading near its crucial resistance of 1200, Breaking of this can lead to the price 1280-1285 zone, stop loss should be kept below 1149.95.
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...
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.
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 LT formed parallel Channel on the daily charts,Entry level is above 1550 with the SL of 1490 for the target Levels of 1650-1670.
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.