Technical: TCS is currently at support of the weekly rising channel. Daily chart is not looking that good with RS below zero and selling happening with volumes. Unfilled Gap is there between 2500-2600 levels with 100 EMA also present at those levels therefore it could come to those levels to fill the gap before moving up again.
Fundamental: This week could be...
NDTV forming rounding bottom in monthly chart. Can have a swift move towards 125 and then 255. A long term term target is 450-500 which honestly looks tough to achieve but with the market we are in, this is still possible.
Note- This is only analysis and not a trade recommendation.
Voltas is forming cup and handle and given a breakout of the handle. RS is near zero line giving good R:R. Convergence of 20 and 50 EMA also gives confidence on the trade.
I expect this to move towards 1150 and beyond that 1300 levels are open.
DLF is a sleeping giant of the real estate sector. It is forming inverse head and shoulder on daily chart and has decent volumes. Looking at monthly charts this can move towards a level of 1000-1100 in 2-3 years. If one has patience. This could turn out to be multi bagger.
Caveat: A lot of people are stuck at higher prices since many years so moving high will be...
Tata Chemical moving in a rising channel. Tested the bottom trendline multiple times. Also making rounding bottom or cup. . Looks tough to cross 825 but if done with volumes then this can move fast. RS is also near zero line offering good R:R.
Any close above 825 can move this towards 1000-1100+
Zydus Wellness forming cup and handle pattern. It had significant supply at 2300 levels earlier so that needs to be broken with volumes if this has to go up. Once crossed can move towards 2800-3000 levels. Resistance is strong so it will not be very easy to move up but RS line is near 0 so can move forward.
JK Cement moving in box pattern. Volumes have gone up significantly. After consolidating for more than 3 months, this looks good for upmove. Relative Strength is close to 0 line providing great R:R. Also weekly candle close is looking very good.
Targets could be 3300 and 3500 in short term and 4500-5000 in medium term.
Vaibhav Global moving in a triangle and can breakout with volumes. Fundamentally very strong stock. Currently moving in a box and crossover of 10, 20 and 50 EMA. Relative Strength is close to 0 so offering great R:R. I would hold it for very high levels of 1500+ but conservatively 1100 is a good area to book.
Shriram transport has taken multiple resistance and multiple supports and moving in a ascending triangle pattern. Once resistance of 1550 is crossed with volumes. This can move towards 2000 quickly. Relative Strength is near zero line giving good R:R