IDFC First has broken out of a weekly flag pattern. Tomorrow's weekly closing will be crucial. Looking at price action it seems this is headed for 130+ levels in the upcoming 6-8 months.
Jamna Auto forming Cup and Handle formation on weekly chart. Provides great R:R. Can move upto 220-250 levels.
IFB Agro is forming bullish harmonic pattern on weekly chart. Great R:R. Can move towards 850+ levels.
Visaka Industries has broken the downtrend on weekly time frame and can move towards 165-170 levels.
Kajaria is forming Inverse head and shoulder pattern, can move towards 1600/1750/1800 levels and finally towards 2000.
There is positive price action is Balkrishna Industries. It has underperformed in last 1.5 year so should move quickly around 4000 levels.
Fino is forming cup and handle on weekly time frame. Can move towards and beyond 600 levels.
Dollar Index is forming a bullish butterfly harmonic pattern on the weekly timeframe. This could lead to a correction in the markets. Hedging is advisable. 116 levels can be seen.
Garware Technical is forming a triangle pattern with ABCD Harmonic Pattern wave on a monthly chart. This can lead to extremely strong moves as this is on a longer time frame. Targets could be 5500/6500/7000.
Finolex is forming Cup and Handle on the weekly chart, looks like 350+ levels are possible.
Heranba Industries has broken out and can move towards 950 levels from here.
Trident can double from current levels with breakout from downtrend. Discl- Invested.
Indigo Paints is forming inverse Head and Shoulder on weekly time frame. Price action shows an up move can come soon as consolidation has been happening since May 23. Keep in watch. This can move towards 1950-2000 levels and then towards 3000-3300 levels. Discl- Invested at 1495 levels.
Jio Financial is forming Cup and Handle and forming positive price action. It's a long term holding stock. Can Cross 350+ levels and 500 in 24-36 months time. Discl- Invested since 210 levels
Ester is a beaten down stock and is offering great R:R. Can move till 200 levels. Risky stock so whosoever is buying, quantities should be controlled.
Meghmani Organics has given a breakout of downtrend with volumes. Should reach at least 150 and post that can move towards 250 levels. Buy on dips.
Tata Coffee has given breakout of downtrend with volumes, can be a good buy till 250-260 levels
RCF has broken downward trend with volumes. Can reachh 145 levels and beyond soon.