Chartworld1

Chartworld1

V Guard Industries is forming an inverse head and shoulder pattern, the head for this pattern is quiet large therefore this could move to 400-450 levels from here now considering there is already a breakout and retest of weekly time frame.

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Indusind Bank has broken out of a triangle pattern on monthly time frame. Looks to go around 1900-2000 levels in coming 8-12 months. Ideal buy zone is between 1165-1250 range for possible upmove.

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This small cap stock has great potential. Forming a flag and pole on a monthly chart. Considering this is forming on monthly chart, the probability of moving towards 125-150 levels is very high post the breakout. 65-75 is a base for this stock now. Volumes in daily chart are also encouraging. We had found a similar chart on Gold some months back when it was...

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Dabur after breakout, reclaim of moving averages and RS being positive can move towards 610 levels.

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MRPL has broken downtrend on weekly timeframe with decent volume. We can see 125+ from current levels.

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UCO Bank can move towards 38-40 levels. Anytime giving a weekly close above 46 can take this to more than 100 levels. SL should be 21 WCB.

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veSRF has given a breakout of a falling trendline. Can move towards 2900 levels and beyond as well. RS is also +ve. Best buy zone should be 2100-2170

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Nestle breaking out of downward trendline and can move towards 19580-600 levels and if sustained can move toward 20200 levels. This is hourly chart so should be only a small swing trade. Short swing trade with SL of 19000. Caution-Market is in downtrend so please see market situation before taking any action.

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PSUBank Bees is in the process of retesting its breakout level on Monthly chart. One can look at 36-38 levels to accumulate in tranches in current panic.

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Affle can be a good buy at current levels especially for long term investors. Taking support at 100 EMA on weekly chart. Target can be 1290-1300 and then 1500 levels. SL can be around 980.

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Bajaj Auto giving falling trendline breakout and reclaiming all key moving averages. SL-3510 CLB Target-3800 Budget could be a trigger for Auto sector looking at where all the stocks are placed.

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After today's brutal fall, India Vix has broken a downtrend with a falling trendline on weekly chart. Range of 19-22 is danger zone for this, any close above that could see a very big fall and markets can go really down quickly. While i know its easy to point this out today with the confirmation of the fall but this is what i saw on the charts so posted. Keeping...

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Maruti has given a triangle breakout and reclaimed all key moving averages. Take entry post RS crossing 0 for safe entry. SL can be 8100 CLB Target can be 9050-9100 levels.

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KNR constructions at ideal buy zone for target of 325+ levels. RS is +ve and Volumes are good with a breakout.

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Bearish Harmonic Bat Pattern along with Double Top in weekly chart for Capital Goods Index, can move down for correction. Levels mentioned in the chart.

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IRCTC ready to move towards 1100 levels in 3-4 months time. Volume looks decent, forming inverted head and shoulder pattern in daily and weekly time frame. Consolidating for a few days now and can have a large volume candle very soon.

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HUL is forming cup and handle pattern on weekly time frame. Can move towards 3100 and if sustained, can move towards 3400 levels.

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BF Utilities has a given a breakout with decent volumes and has a lot of potential. Can do 500+ levels soon but it looks like this has got more steam and can move more than that as well.