Bajaj Auto can move to 4300-4500 levels very soon once 3850 levels are crossed. RSI showing +ve movement.
IEX on the verge of breaking out of flag pattern and RSI in bullish territory. My targets are closer to 1000 in 18-24 months.
ICICI Lombard once broken out can move to 1650-1700 levels and beyond. RS is above zero therefore this can rally.
Jubilant Foodworks can move towards 3200 to 3300 levels once trendline breakout is done
UTI AMC on the verge of breakout. Can move to 620+ quickly.
Breakout in daily and weekly chart. RS about to cross 0 line so this can be a great trade till 6300+
CAMS in triangle pattern, can move upto 2000 levels and beyond once broken out. SL can be 1650-1680.
Nifty energy in bad shape. Has broken an important support line. If Reliance moves, there is a chance of return else this is going down more.
Banknifty at 0.382 levels on fib retracement levels with a hammer on spread charts. It can bounce from here else we are looking at a huge fall.
Nifty Realty forming head and shoulder on spread chart. Currently at 100 and 600 EMA, breaking which could lead to a greater fall. Keep a close watch on DLF, Godrej Properties, Prestige, Sobha and Sunteck.
603-605 range a resistance with significant supply zone. Once crossed can reach 730-750 and 1000+
Sharda Propchem is testing its weekly breakout area. Moving beyond the trendline, it can see 440 and 540 in short span. Volumes are pretty good. Last 2-3 quarter results have been excellent and accumlation might be happening in anticipation of good q4 results.
GNFC forming a Bearish Butterfly on daily chart. Can go to 225-235 levels. Can be a buy then.
SCI forming Bearish Butterfly Harmonic Pattern and can fall to 200 EMA.
Gati can repeat the pattern formed earlier and move to 145,180 and 300 levels.
Flag pattern forming in Aegis logistics. Once broken, this can move to 350+ levels.
HDFC Life forming Cup and handle in 2 hour chart but needs to reclaim 50 EMA on daily basis with volumes to get confirmation.