HDFC Bank has given a closing below the triangle and looks weak in weekly time frame as well. Once 200 EMA support is breached, this could head to 1165 levels in coming months. SL should be 1450. This will also depend on banknifty which looks mostly range bound but if this counter is weak then banknifty will fall quickly.
Kotak Bank looks weak and might test levels of 1500-1530 soon. Closing below 200 EMA makes it even weaker. SL to 1770 CLB.
Breakout from a triangle pattern. Can move towards 3100-3200 levels
Ultratech cement moving out of box and triangle pattern with volumes. 7500+ levels can be seen very soon.
Mastek moving in cup and handle pattern. Can move beyond 2170 levels. Keep a watch.
Navin is getting ready for up move. Consolidating in a box for a while after correction from top. Any move beyond 3700(DCB) can move towards 4500.
SRF gave a small breakout from a triangle and a box. This should move beyond 7000+ levels
Goodyear can move due to the following reasons: - Moving in a harmonic triangle ABCD pattern -Consolidating in Darvas Box. - RS near 0 line so offers great R:R. -Best range to buy is between 925-940. Move can be towards 1160+ levels once breaks out. All tyre stocks look really good for medium term on charts. Ceat, Goodyear, Apollo, JK Tyre, etc. Keep a...
Petronet LNG trading near 20 EMA on Monthly chart in a triangle harmonic pattern. Once broken can go upto 350+ levels quickly.
Insecticide India can move towards 900 as it is moving in a butterfly harmonic pattern in monthly chart. keep a watch.
Gillette at a great buy point. Has potential 7900-8000+ levels.
Zensartech moving in a Cup and handle formation. This should breakout for levels of 350+ very soon.
Credit Access Grameen had great volumes today and broken 200 EMA barrier. Moving in a Butterfly Harmonic Pattern in weekly chart. 1000 is possible in the 6-8 months time.
Tata Elexsi moving in a triangle/flag pattern. can move towards 4200 levels.
Heritage Food at a great buy level. Can move towards 900 levels in 18-24 months time. On verge of breakout in weekly time frame along with highest ever volumes and moving in ABCD harmonic triangle pattern.
Ceat trading near 200 EMA. Moving in ABCD harmonic triangle pattern. Can be accumulated at these levels for target of 1750-1800+ levels. Stop loss can be 1225.
TCI-Express Breaking out of a falling channel. Can go upto 1040-1100 levels.
Similar pattern in previous breakout but volumes are missing. once confirmation on volume is received, can be a good buy for 3200-3400 levels.